Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Boomer19]

Chanos on CNBC on TSLA right now. "Still max short. One of my favorite positions" "It's a car company, they will lose money again this year and next year" "Building more capacity at the wrong time"

They apparently have to cover at 5% but then will short again if they still like the move.

He keeps saying "It's a car company". It's amazing how much he doesn't understand about the company. Even the host is pushing back on him a bit.

he also called tesla a fraud

amazing what these a-holes get away with

 

[TheTalkingMule]

$580 calls for tomorrow @ $.20 seems like a decent deal to me.

 

[Dan Detweiler]

Anyone have a link to the latest Chanos bull s... I mean interview?

Dan

 

[redan]

Anyone have a link to the latest Chanos bull s... I mean interview?

Dan

Chanos says he is still 'maximum short' Tesla even with drop in last month

 

[Prunesquallor]

only came down to 467. Missed your buy. ...

Whammo.

 

[Singuy]

Chanos has nothing to do with the sell off. My other tech stock reversed exactly the same time TSLA did. Just overall a weak macro environment.

 

[wipster]

Chanos says he is still 'maximum short' Tesla even with drop in last month

I told y'all I would never trust that ahole...

 

[Chunky Jr.]

I don't get the market reaction to TSLA at all. Are they just now figuring out that the economy is tanking and that Fremont has been shut down for over a week?

 

[Dare]

Andrew Left is short TSLA and long Luckin Coffee

https://money.usnews.com/investing/...-60-on-us-exchanges-hedge-fund-citron-capital

 

[Singuy]

I don't get the market reaction to TSLA at all. Are they just now figuring out that the economy is tanking and that Fremont has been shut down for over a week?

Price action for Tsla is probably driven by the option market than anything. So far I have concluded that the sp acts in a random fashion probably determined by money makers. NASDAQ +5% Tesla is down. NASDAQ -2% and Tesla is up 8%. Yeah it's total nonsense right now and I wouldn't try to explain the sp based on any real news.

 

[StealthP3D]

Chanos says he is still 'maximum short' Tesla even with drop in last month

Sounds like he has cold/flu symptoms. Hopefully not Coronavirus!

 

[StealthP3D]

I don't get the market reaction to TSLA at all. Are they just now figuring out that the economy is tanking and that Fremont has been shut down for over a week?

Don't over-think it. The market runs on human emotion, mostly fear/greed.

 

[TheTalkingMule]

I don't get the market reaction to TSLA at all. Are they just now figuring out that the economy is tanking and that Fremont has been shut down for over a week?

A few below average volume days in a row plus coordinated share price attacks tied to a scheduled Chanos appearance on CNBC. I'm actually surprised TSLA has show this much resilience. In years past, the market would gasp in horror and sell.

Remember, these 5% share drops on very low volume are mostly orchestrated and will snap back the moment a positive deliveries report is out. In other words, just because we dropped $50 in the last 2-3 days doesn't mean the $50-80 we were going to gain on a major deliveries beat is lowered by $50. My feeling is we'll rise from the $510 mark, not where we are now.

 

[wipster]

Sounds like he has cold/flu symptoms. Hopefully not Coronavirus!

Not?

 

[Tim S]

Tesla's last 4 P&D announcements:

Q4 2019 - Jan 3rd Friday before market open (~8:15 AM ET)
Q3 2019 - Oct 2nd Wednesday after close (~4:30 PM)
Q2 2019 - July 2nd Tuesday after close (~4:15 PM)
Q1 2019 - April 3rd Wednesday after close (~8:00 PM)

Source: Electrek posts

 

[StarFoxisDown!]

A few below average volume days in a row plus coordinated share price attacks tied to a scheduled Chanos appearance on CNBC. I'm actually surprised TSLA has show this much resilience. In years past, the market would gasp in horror and sell.

Remember, these 5% share drops on very low volume are mostly orchestrated and will snap back the moment a positive deliveries report is out. In other words, just because we dropped $50 in the last 2-3 days doesn't mean the $50-80 we were going to gain on a major deliveries beat is lowered by $50. My feeling is we'll rise from the $510 mark, not where we are now.

I don't really agree that this drop is insignificant. We need around a 15% move just to get close to 550 and that number keeps getting bigger. While a positive P/D report would probably take us back to 500's, I don't see it putting us solidly above 600 anymore........which is exactly what this manipulation had intended. Not really much of a risk of shorting when you can easily get the share price down 15% to create a buffer to protect your short position.

Edit: Now we need a 20% move.

 

[Mkorpal]

$580 calls for tomorrow @ $.20 seems like a decent deal to me.

A few below average volume days in a row plus coordinated share price attacks tied to a scheduled Chanos appearance on CNBC. I'm actually surprised TSLA has show this much resilience. In years past, the market would gasp in horror and sell.

Remember, these 5% share drops on very low volume are mostly orchestrated and will snap back the moment a positive deliveries report is out. In other words, just because we dropped $50 in the last 2-3 days doesn't mean the $50-80 we were going to gain on a major deliveries beat is lowered by $50. My feeling is we'll rise from the $510 mark, not where we are now.

I'm so board right now I'm actually playing with short term calls. Well, we'll see how it goes I suppose.

 

[StealthP3D]

I don't really agree that this drop is insignificant. We need around a 15% move just to get close to 550 and that number keeps getting bigger. While a positive P/D report would probably take us back to 500's, I don't see it putting us solidly above 600 anymore........which is exactly what this manipulation had intended. Not really much of a risk of shorting when you can easily get the share price down 15% to create a buffer to protect your short position.

I'm pretty ambivalent about whether it goes up or down before P&D. The way I see it, this move down just reduces the very real chance that the market might react poorly to even a relatively strong P&D report.

 

[ev-enthusiast]

Interesting price action compared to Nasdaq.

 

[The Accountant]

Tesla's last 4 P&D announcements:

Q4 2019 - Jan 3rd Friday before market open (~8:15 AM ET)
Q3 2019 - Oct 2nd Wednesday after close (~4:30 PM)
Q2 2019 - July 2nd Tuesday after close (~4:15 PM)
Q1 2019 - April 3rd Wednesday after close (~8:00 PM)

Source: Electrek posts

Thanks for the information. I think we will see the P&D report today at about 4:30pm.
Q1 2019 had the logistics nightmare and I am sure Tesla was taking their time to count every car and took time to carefully word their report. Q2 and Q3 were on day 2 and Q4 was also 2 business days as Jan 1 was a holiday.
Polishing my F5 key now