woodisgood
Optimustic Pessimist
That report about Citadel last week gave me the eebie jeebies. Yeah yeah just another MM nothing to see here, but then you have today after a great ER and upgrades across the board.
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wow, well this sucks lol
There are valid arguments from both side, but extreme measures (from both ends) seems to do more harm than good.Sure, he has an interest in factories, and can point to china as a data point.
But that is what he should say. Be very specific and focused on what he knows, and offer solutions.
Sweeping generalizations like "liberate" and "people are forced to be locked in their homes" just comes off as stupid.
Macros I assume.Today's action mostly profit taking you think?
Dan
The Dow Is Dropping Because China Might Once Again Be in the Crosshairs
Yesterday in AH trading after the report came out, the SP was around ~$880, now its more than $100 lower.
What is this $100 drop based on ? All I see is raised PT reports and positive feedback on various media sites.
Market reaction makes no sense, not the first time mind you...
I did warn you guys, but all I got was abuse. I hope you all learn a lesson here. I hate to say I told you so.
Now it is $783
This really sucks and I regret that I spent hours to celebrate $870 yesterday
I think yesterday’s SP action is a short squeeze and now it is ended, plus weak long’s profit taking
No it was on Canadian national news. Can’t remember the exact numbers but it was something close to that.Still reading Pravda I see
I would suggest that made it very easy to manipulate the stock price, but the actual reason having much more to do with option sellers.elon acting erratically and spouting ignorant ultra-politicized nonsense is probably the number one reason.
what a feeble trading day after such good news. these wall street a$$holes can suck the fun right out of a kids birthday party. phhh. guess i have to wait for mon/tues/wed for the next fireworks show
: (
Yesterday in AH trading after the report came out, the SP was around ~$880, now its more than $100 lower.
What is this $100 drop based on ? All I see is raised PT reports and positive feedback on various media sites.
Market reaction makes no sense, not the first time mind you...
There are valid arguments from both side, but extreme measures (from both ends) seems to do more harm than good.
From one of Elon Musk's tweet he included data from data.chhs.ca.gov which shows that the hospital bed occupancy projection with intervention is wildly overestimating actual occupancy.
That indicated the current lockdown measures are perhaps overly restrictive, where the secondary impact from lockdown could be on the same order of magnitude as covid19, such as
- underutilized hospital occupancy compared to pre covid19 means that a lot of cases that would normally be treated are not being treated.
- elective procedure can include preventive/early measures for a more serious underlying disease, like biopsy for detecting cancer early.
- impact of unemployment will start being noticeable and accelerates
From another tweet by Elon, he is not suggesting lifting the lockdown measures completely. The current restriction placed on business are overly restrictive that it likely does more aggregated harm in total (because of secondary impact) compared to controlled lifting of lockdown measures. Simplified:
A) Let's keep the current lockdown going and see what happens
B) Let's carefully evaluate where we are, and come up with necessary measures to reopen economy carefully and safely.
C) Let's just reopen everything.
Elon Musk seems to be in the B) camp. Both A) and C) option will likely do a larger aggregated damage (i.e. covid19 + secondary damage). Alameda County so far seems to be in the A) camp.
Relevance to TSLA: B) option should be the optimal solution that minimizes overall damages. Given what Tesla learned with giga shanghai, fremont plant can copy their mitigation technique and not introduce additional risk.
Great numbers.
Bad Elon.
Elon talking about public policy on a pandemic is like
Fauci talking about landing rockets on barges.
He may have some points, but overall, he’s just not quite on the actual reality and facts of things.
I’ll put in super harsh terms. If Elon’s mom just went through what my friend’s Dad just went through, hooked up to a tube, dying with his family stuck on the other side of a glass wall, he’d have a way different outlook.
Other than that, great numbers. Keep it up Elon. You are doing great work. Just don’t get ahead of yourself on things you just don’t quite know yet.
Just keep checking yourself: “Am I Fauci talking rockets?”