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

[jpsgoneev]

I checked in on TSLAQ. Considering this brain trust is our "competition", it's no wonder we are getting rich.
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Bonus burn on smeagol from Citron at the bottom
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TSLAQ strike me as ones that do not believe in, or understand, science very well.
Nor enjoy math, or numbers in general?
I would love to know their real motivations.
There would be interesting stories there.

 

[Prunesquallor]

We are getting close to my first set of sell limits for the S&P "infinity squeeze". Except that hasn't started yet .

Actually, I got rid of all my sell limits last week in fear of a post-split math boo-boo. Guess that was justified.

 

[Driver Dave]

Was able to catch this...

 

[wipster]

I was all prepped to sell a bit at 500, but now?
Norfolk and Waypal...

 

[Zero CO2]

Anyone finding it hard to work right now?

we are working ... many of us have new jobs

 

[wipster]

we are working ... many of us have new jobs

Yeah, self employed!

 

[mickificki]

Do we have to wait until S&P announcement (maybe in an hour) before we can whisper short squeeze?

cmon S&P! F5! F5! F5!

 

[wipster]

Damn! 507 and growing!

 

[Rarity]

I didn't put much stock into the theory that there was a lot of naked short selling going on, and that this split would somehow trip them up.

But days like today make you wonder...

 

[azaz]

Almost 2% after hours now

 

[humbaba]

OK so I got the amount he would be in the hole wrong. But you can't use the defense of "Wait till next week". On Friday he would in a worse position.
(If that ain't right I am interested in knowing why.)

No, stock going down is "good" in that situation which is why someone pointed out it was bearish to do.

situation 1. Put in a sell order for 100 @$500 -> when the stock price hits that level you will have 100 fewer shares and $50,000 more cash

situation 2. Sell a covered call for $500 on Friday for $X/share -> you get $X * 100 right now

2A. If the stock stays below $500 through Friday you keep $X * 100 and you keep your 100 shares.

2B. If the stock goes to $1500 on Friday you keep $X * 100 and deliver your shares for $50,000.

I've never done options trading, but there are fees involved, so subtract the fees from the gains above. The risk in the covered call is missing out on future gains.

The point, as I saw it, was that if the original poster really wanted to sell at $500 then the covered call would accomplish that, plus the profit from selling the call. Other than accounting for fees, I see the point. If you really want to sell at $500 in lots of 100 shares and the call brings in more than the fees I'm not seeing any downside. Of course, I think it is easy to understand that someone might be pretty unhappy selling covered calls at $500 if the stock price rockets quite a bit above that.

 

[Prunesquallor]

I didn't put much stock into the theory that there was a lot of naked short selling going on, and that this split would somehow trip them up.

But days like today make you wonder...

I see what you did there...

 

[lafrisbee]

No, stock going down is "good" in that situation which is why someone pointed out it was bearish to do.

situation 1. Put in a sell order for 100 @$500 -> when the stock price hits that level you will have 100 fewer shares and $50,000 more cash

situation 2. Sell a covered call for $500 on Friday for $X/share -> you get $X * 100 right now

2A. If the stock stays below $500 through Friday you keep $X * 100 and you keep your 100 shares.

2B. If the stock goes to $1500 on Friday you keep $X * 100 and deliver your shares for $50,000.

I've never done options trading, but there are fees involved, so subtract the fees from the gains above. The risk in the covered call is missing out on future gains.

The point, as I saw it, was that if the original poster really wanted to sell at $500 then the covered call would accomplish that, plus the profit from selling the call. Other than accounting for fees, I see the point. If you really want to sell at $500 in lots of 100 shares and the call brings in more than the fees I'm not seeing any downside. Of course, I think it is easy to understand that someone might be pretty unhappy selling covered calls at $500 if the stock price rockets quite a bit above that.

THANK YOU very much

 

[Rockster]

cmon S&P! F5! F5! F5!

Where are y’all watching for S&P news? Does S&P have a news feed that’s the best place to watch?

 

[lafrisbee]

OK?
So Fi-Fiddy Tomorrow?

 

[EVortex]

Have any of you old time investor who have been though split's seen anything like this?

I mean it's seem like a large brokerage house should not fall apart so easily.

In the olden days there were no online accounts so you would either call your broker for info or wait for the monthly statement to come in the mail. They may have had similar problems, but they were not as visible and immediate as now.

 

[lafrisbee]

Where are y’all watching for S&P news? Does S&P have a news feed that’s the best place to watch?

Just stay right here...you'll get it within a minute of any of them seeing it.
(Or if you go off somewhere and comeback and the page numbers are in the 10,000's.)

 

[dl003]

I checked in on TSLAQ. Considering this brain trust is our "competition", it's no wonder we are getting rich.
View attachment 582835 View attachment 582836

Bonus burn on smeagol from Citron at the bottom
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100k pages of investigation records? That's their version of "10 millions lines of code", isn't it?

 

[Big Time]

Just saw this in Minneapolis Minnesota I’m either slow or this is an omen

 

[MartinAustin]

Market Cap is now $464,000,000,000. Handily passed Taiwan Semiconductor (in the Dow). Almost passed Visa... will probably happen tomorrow. Which would make Tesla the 7th-largest U.S. company.