Everything is halted
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
All taxi cars to be zero emission cars in Hordaland province in Norway from April 2024.
All taxis with up to 9 passengers must be ZEVs. Electric or Hydrogen cars are suggested. The province will invest in charging infrastructure. Charging stations in airports and town centres are already being funded.
There are already a few EV taxis on the road. In the city of Bergen 25 of 705 taxis were EVs back in January.
Hordaland recently joined the larger Vestland province on the west coast of Norway. And they are working to expand this EV policy to all of Vestland.
Source in Norwegian: Drosjar skal bli utsleppsfrie om fire år
All taxis with up to 9 passengers must be ZEVs. Electric or Hydrogen cars are suggested. The province will invest in charging infrastructure. Charging stations in airports and town centres are already being funded.
There are already a few EV taxis on the road. In the city of Bergen 25 of 705 taxis were EVs back in January.
Hordaland recently joined the larger Vestland province on the west coast of Norway. And they are working to expand this EV policy to all of Vestland.
Source in Norwegian: Drosjar skal bli utsleppsfrie om fire år
If you are so deep in your own belief, why asked the question to begin with?
Interesting read. I have to admit that I am not trading on "first principle base" either. That would require a much deeper understanding of economy, market, etc. than what I have. Soros has written an excellent book about his reflexology method in his book "Alchemy of science" that I attempt to follow in my trading. He stopped teaching trading after that. All his published works, tweets, etc. are about policy, democracy, etc. issues. One can learn from these a lot, but not about trading.
The only possible difference between losses and "paper losses" are tax differences. "Paper loss" does not exist only for tax purposes "unrealized loss".
All you need is toilet paper
TheTalkingMule
Distributed Energy Enthusiast
Well we've tickled the 52 week low. Do algos take the bait and start buying? It certainly feels like sentiment wants us a bit lower first, but I wouldn't be surprised to see some big buying today. There is a LOT of wealth out there.
I was very confused why my SPY puts were so red. For a second I wondered if I had screwed up big time. Apparently RH shows them as worth 1 cent when the circuit breaker trips.
willow_hiller
Well-Known Member
Makes me wonder what happens to options if a Level 3 circuit breaker trips on a Friday. Do they all expire un-exerciseable?
Mike Smith
Active Member
Trump will use the Plunge Protection Team like he did in Dec 2018. He could also declare a tariff holiday with China. He values the stock market more than anything, and this is an election year.
It’s a question of fact, not belief.
Two people have $9000.
Jane bought 10 shares of Tesla at $900.
Fred put $3k under his mattress and $6k in cash at Fidelity.
Someone breaks in Fred’s house and steals the $3k.
Fred says “My money’s not safe anyway, I’ll take my $6k in cash and this morning buy 10 shares of Tesla in pre-market at $600 each”.
Everybody would agree Fred had a $3k “real loss”, but he and Jane started off with an identical $9k net worth and both now own an identical 10 shares of TSLA.
So I don’t know why Jane’s “oh it’s only a paper loss” argument should make it superior or make her feel better than Fred with his real loss to theft.
They started in identical situations. They ended in identical situations. Tax consequences aside, there is no difference between a paper loss and a real loss.
I think you are correct. I think you should sell all you have now and wait for the SP to drop further and buy back.
Wooloomooloo
Member
Objectively that's simply untrue, unless you're leveraging the asset for something else requiring a mark. There is a reason the terms realized and unrealized gains/losses exist.
Like others, I am a bit puzzled in regards to your point on this.
Krugerrand
Meow
Contrived scenarios are just contrived scenarios. All you're saying is that hindsight is better than foresight.
TheTalkingMule
Distributed Energy Enthusiast
Ex Aramco guy on CNBC now basically reiterating that Saudi Arabia is going after US marketshare. Sounds like they're looking to bring Russia back to the table, but it's just not gonna happen. Wants others to "come to their senses" on production. Good luck with that!
willow_hiller
Well-Known Member
Wait for it —
I actually did some Googling, and the conclusion was "Nobody knows for sure."
But some speculation was that since options are technically resolved after the market closes, they could be exercised if they were ITM at the time the circuit breaker tripped. So if a Level 3 circuit breaker is tripped at 12 PM on a Friday with the SP at 600, then a call at 590 could be exercised after 4 PM.
For the record, I think $550-$600 is good entry point, but not calling a bottom, just saying when I will start adding to position. This AM thus presented such an opp. Could be more downside though as our fav bug spreads more widely with the requisite effects on people and the markets/economy.
Rashomon
Member
My IRA is looking quite green (at least for the moment) after buying back into TSLA at 615 this morning. I went to almost all cash 10 days ago as it became clearer that the Corona virus would not be contained. I'm prepared to cost average down on TSLA, as this purchase may have been premature. The overall market is going to be bleak for the next month or two, and even good stocks can get pulled down in such a market. For example, I remember seeing AMZN intraday at under $7 on the Friday a week after markets re-opened following 9/11.
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