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

[wipster]

It's getting better!

 

[Rhoon-NL]

View attachment 578983

Preparing another try to take Tesla private @€420 after the split

 

[StealthP3D]

your unwarranted insult/snippiness will stand, while i get my posts deleted, fair enough. i was respectful to you, but putting me down doesnt make you any more correct, its not like im speigel over here, im not the enemy, and i doubt youd be that disrespectful to my face

Please, we are all adults here.

 

[phantasms]

Yeah it 100% is a stock price meets 420 comment. lol

 

[mongo]

My assumption is the split event causes all shares to be accounted for and the new shares to be assigned to specific existing shares.

The brokerage gets a number of new shares based on the number of real shares (ones that originated outside the brokerage) in the brokerage.

This is pretty basic accounting. Why would "real shares" need to exist when someone sells their shares but not when 4 new dividend shares are assigned to each existing share on a given date of record? That would make no sense.

The same way two real shares don't exist when A's shares are lent to B and sold to C. A's account shows a share as does C's, but between them there is only one share.
Post event, each account shows five shares, and only 5 shares exist.
Really, the brokerage has millions of shares and only a percentage are lent, so it is quite fluid/ liquid.

 

[22522]

Henry Ford paid factory workers enough money to buy the car.

Elon Musk rewards stock holders with enough gains to buy the car.

 

[canoemore]

I think something just snapped

 

[StealthP3D]

The brokerage gets a number of new shares based on the number of real shares (ones that originated outside the brokerage) in the brokerage.


The same way two real shares don't exist when A's shares are lent to B and sold to C. A's account shows a share as does C's, but between them there is only one share.
Post event, each account shows five shares, and only 5 shares exist.
Really, the brokerage has millions of shares and only a percentage are lent, so it is quite fluid/ liquid.

OK, we will just have to agree to disagree on this. Because I'm fairly certain the new shares are assigned on an individual basis for purposes of accounting for the shares that exist on the corporate level.

 

[Hock1]

I'm assuming it would be the date of record (today) but I don't know if they would have some leeway in getting around that and doing the last bit of covering next week while all the records are being compiled. The more I think about it, for the kind of scheme I outlined, they could probably continue to "make things whole" in the beginning of next week.

I honestly don't know. If I wanted to, I could figure it out but that would bring others out of the woodwork to "discuss". Don't have the energy to deal with it. Like you (mostly), I am a long term holder of equity, so this split is just one of those things that happens along the way to successful investing.

 

[Boomer19]

Please, we are all adults here.

you keep saying that but keep disagreeing at the same time

since you don’t believe me,
then refer to @mongo, as his concept is correct.

 

[M|S|M MYP]

I honestly don't know. If I wanted to, I could figure it out but that would bring others out of the woodwork to "discuss". Don't have the energy to deal with it. Like you (mostly), I am a long term holder of equity, so this split is just one of those things that happens along the way to successful investing.

We're closing in on $2100....let's all be happy with that!

 

[dl003]

I think something just snapped

The intern forgot to get new battery for his wireless mouse.

 

[obie_fl]

I have no idea what the under lying mechanics are but the run up this week definitely feels like the MM's covering their asses. If things get very quiet next week I think that is another clue that they were doing as much. Hopefully not too much profit taking between now and S&P inclusion.

 

[woodisgood]

The intern forgot to get new battery for his wireless mouse.

I’ve always wondered about the specific person who’s in charge of the buy/sell for a specific stock at the MM. What does their job look like? Are they basically placed in a cage with two buttons?

 

[humbaba]

We're closing in on $2100....let's all be happy with that!

so if I bought a share at $2100 pre-split, post split it would listed in my account as 5x $420, right? I missed $420 the first time around (coz I'm all smart like that, and wasn't going to buy into the rise, instead deworsifying my account) and now I don't have enough dry powder to swing the share.

Hmmm... would buying 0.2 shares at $2100 result in a single at $420?

 

[StealthP3D]

so if I bought a share at $2100 pre-split, post split it would listed in my account as 5x $420, right? I missed $420 the first time around (coz I'm all smart like that, and wasn't going to buy into the rise, instead deworsifying my account) and now I don't have enough dry powder to swing the share.

Hmmm... would buying 0.2 shares at $2100 result in a single at $420?

You need to account for any changes in the market price between the time you bought the shares and the opening price on the day after the shares start trading post-split.

Basically, to retail investors the split will be very transparent right up until the day you see 5X the number of shares at about 1/5th the price. You don't even need to concern yourself with it.

 

[phantasms]

We're closing in on $2100....let's all be happy with that!

Yeah this is def a simulation.

I just happen to have 84 shares in my never ever touch account. This is looking like I'll end up having 420 shares at $420.

 

[RobbyJ]

I swear if we end on 2103,45 I'll crack a fine bottle!!

 

[ZsoZso]

Its looking more and more likely that we will miss the second round of jokes and memes around $420 post-split.
That's a pity, even if my account balance is here for consolation.

 

[ToTheStars]

Yeah it 100% is a stock price meets 420 comment. lol

"Considering taking the company private at 420. Funding NOT secured."