You just burst a lot of people's bubbles....wait....Wall St is a fraud??
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
In my , although limited to only 9 months, experience with stock options I think it is wise to take profit on option contracts regularly. I know it’s easy for me as an inhabitant of a tax-haven, but still. Take profits, pay the taxes if needed and just don’t look at those instruments as you would a normal stock position.
Then again, I’m a noob.
Todd Burch
14-Year Member
He said "Kevins", plural. We are allowed to have one.Hey, I'm on our side!
I'm watching it closely and there are clearly a few occasions where they've shorted when the index dropped to amplify the downside, however, other than that it also seems to me that when the NASDAQ goes up, $TSLA is recovering much, much faster.
Again, don't understand why in the current situation we track the index - or maybe the index is tracking us??
If the macro turns positive...
StealthP3D
Well-Known Member
https://twitter.com/28delayslater/status/1294236809795457035?s=20
CNBC with Melissa Lee talking about the $TSLA upgrades....priceless
Joe Kernen has finally started distancing himself from TSLAQ (while simultaneously trying to throw shade on TSLA).
lafrisbee
Active Member
Not OT but not about stocks>
I really hate that one of my favorite words is getting ruined in my own mind. Naked. Such an awesome state of dress...and friggin the stock market makes it so sad.
But Now to the real deal...
"It's the Batteries, Stupid."
Fuggin A, It just hit me. All these cars are for the teenagers to giggle and point at. Or the teenager within us.
It's the Batteries. All EV's are just an extension of what is in the batteries.
POWER. All it is about is POWER.
You got power, you got the ability to do what you want. Screw having anything without having POWER.
Power/Sunlight does not need to be found. It is semi-available. Batteries make it always available. Screw the dust particle in a 100 kw car battery pack. Screw the car, whether it is an S3X or Y. Cars are only physical tools. Get control of the power. First Order Principle SH!T. Catch it, keep it, use it. Panels,batteries,cars.
It is not even the batteries...It is the Sun. Elon is domesticating the Sun. He is turning the thing man and the world have been influenced by on every level and every minute of every life into a utility. Quantifiable containers of POWER. Sunlight as a commodity. As an inexhaustible commodity... Sunlight, actually is not a commodity. Until it isn't.
And the big part that is missing (for now); Batteries...enough financially and logistically acceptable Batteries.
We are all ants, incapable of little else.
I really hate that one of my favorite words is getting ruined in my own mind. Naked. Such an awesome state of dress...and friggin the stock market makes it so sad.
But Now to the real deal...
"It's the Batteries, Stupid."
Fuggin A, It just hit me. All these cars are for the teenagers to giggle and point at. Or the teenager within us.
It's the Batteries. All EV's are just an extension of what is in the batteries.
POWER. All it is about is POWER.
You got power, you got the ability to do what you want. Screw having anything without having POWER.
Power/Sunlight does not need to be found. It is semi-available. Batteries make it always available. Screw the dust particle in a 100 kw car battery pack. Screw the car, whether it is an S3X or Y. Cars are only physical tools. Get control of the power. First Order Principle SH!T. Catch it, keep it, use it. Panels,batteries,cars.
It is not even the batteries...It is the Sun. Elon is domesticating the Sun. He is turning the thing man and the world have been influenced by on every level and every minute of every life into a utility. Quantifiable containers of POWER. Sunlight as a commodity. As an inexhaustible commodity... Sunlight, actually is not a commodity. Until it isn't.
And the big part that is missing (for now); Batteries...enough financially and logistically acceptable Batteries.
We are all ants, incapable of little else.
One of my favorite quotes is by British biologist J.B.S. Haldane: "I have no doubt that in reality the future will be vastly more surprising than anything I can imagine. Now my own suspicion is that the Universe is not only queerer than we suppose, but queerer than we can suppose."
A variation of this quote for Wall St: Not only is Wall St. more fraudulent than we suppose, but more fraudulent than we can suppose.
A variation of this quote for Wall St: Not only is Wall St. more fraudulent than we suppose, but more fraudulent than we can suppose.
That's only true if there are not a substantial number of synthetic shares out there, shares sold short in a circular scheme with no real underlying shares to back them up. I think this is a distinct possibility. It's all on the trust and faith of the "good names" of the market makers who have been providing reliable and dependable service to the financial industry for decades.
Heres how the stuff is booked in an entity’s stock record (which has cust and firm side that balance), which is a ledger for each security it holds (stk, bond, warrant, cfd, future, option, FOpt, whatever)
Broker A
Cust Side stock record:
Cust 1 – long 100 segged
Cust 2 – long 200 margin
Cust 3 - long 1,000 (750 segged, 250 margin)
Cust 4 – long 300 segged
Cust 5 – short 500
Cust 6 – short 400
Firm Side stock record:
Stock Borrow from various brokers – 450 shares
DTCC depository.free – 1,150
Gross Cust / Firm 1600
Net Cust / Firm 0
______________
- The broker must segregate 100 shares for cust 1, 750 for part of cust 3, and 300 for Cust 4 (1,150 segged total)
- The broker internalizes the borrow need for 450 shares due to Cust 2 and part of Cust 3 using margin to purchase shares. The broker can use margin shares to cover the short
- The broker than goes to street to borrow the remaining 450 shares to cover the shorts of 900 total
- Dtcc ‘free’, a regulatory ‘control’ location for the brokers omnibus position is 1150, with all 1150 segregated for the broker…and unable to be recalled by NSCC for fails or loaned out by broker, etc…locked because customers used their own cash to buy. A stringent rule
This is generally how it works. Even the ghostly and ghastly ‘synthetic’ naked shorts have to be booked somewhere besides the short entity. Remember there are two sided of the trade. And nobody that buys will indefinitely sit with a fail to receive and take no action to recoup (brokers buy each other in according to rule 204, and often buy in B2B’s and Stock Loan contracts when necessary
for the split, it affects everything in the stock record
Regarding the stock split vs. dividend discussion, I tried to find info on how this has been defined for other companies that did stock splits. Whatever that is worth, Apple also lists their stock splits in their dividend history here: Apple - Dividend History So seems normal to technically define a stock split as dividend of some sort.
Chickenlittle
Banned
Ok have a lot of experience with tesla and market but cannot figure out trading from August 21 to the 28th. Who would sell a share for less than the closing price on the 20th since they will not own the share on the 28th to get the dividend. Who will buy a share for more than where the stock will open after the dividend? How will option expiration on the 28th be handled? Who will want to convert shares from in the money calls when those shares will not be split? I assume the conversion of volume adjustments and target price will not occur until shares awarded on the 31st
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