Tslynk67
Well-Known Member
Looks like institutional buying has begun... seeing multiple orders in chunks of thousands of shares on level II
Passive funds and front-runners, I guess, the index funds themselves cannot add yet.
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Looks like institutional buying has begun... seeing multiple orders in chunks of thousands of shares on level II
Better yet a Tesla buy backNow would be a perfect time for another stock split ... just for the kicks (in the naked-short-balls) of it.
As funny as that would be the S&P would be livid at the loss of float.Better yet a Tesla buy back
Reverse the $5B issue from September. That would be hilarious.Better yet a Tesla buy back
Even though it likely helps me as an investor for the S&P500 to include Tesla, I don't really care from a financial POV. I care because:
1) The stock will be more stable, may get better credit, is harder to attack
2) It creates buzz and positive news about EVs, which should drive EV adoption further
3) It means some truly horrible, selfish, stupid, environmentally-destructive people lose an absolute ton of money.
So today is a good day.
But, grapes make for better wineProbably because you are comparing grapes to watermelons - even though they can grow in the same field, they have different prices, different sizes and different flavors. Grape does not equal watermelon.
On August 12 Tesla announced a stock split - an event that would actually happen a month from then, and was only expected to have a minor effect on the SP since it didn't fundamentally change the company. Sound familiar? TSLA shocked everyone by going straight up from that day until the stock split. Momentum traders kept piling on every day, and shorts kept getting squeezed.
Edit: There is one difference here. A minor detail - funds must buy $50B of TSLA while this is all happening.
Deleverage on the way up, leverage on the way down, is what I was taught. Seems to be working well enough.I am thinking more of swapping shares with deep ITM calls a year out. Will be happy to swap 200 shares with 3 calls. = 50% leverage, hardly any time cost.
I'm thinking right now my plan will be to wait for IV to spike up a ton, then sell LONG term CCs against those shares way OTM at like $1000.
Wait till post inclusion when the SP and IV comes back to earth, and rebuy for a fraction of what I sold em for.
Didnt he tweet about his cold SymPtoms?...
Anyone else surprised that Elon didn’t tweet out a hint in the last 48 hours about S&P? (From what I understand he wouldn’t have been given a heads up until 48 hours before announcement)
Anyone else surprised that Elon didn’t tweet out a hint in the last 48 hours about S&P? (From what I understand he wouldn’t have been given a heads up until 48 hours before announcement)
In the last 48 hours it's possible he had something else captivating his attention.
That wasn't music - more like a broken recordGreat music helps!
A word of caution
Despite I am as excited as everybody here about the overdue inclusion and the pre-market action I recommend resisting the feeling of greed. If you believe in the long-term success of Tesla regardless if we see a squeeze or not you win in any case if you hold your stocks and avoid the temptation to time the market.
Markets are irrational and over the years I learned tsla is extra irrational.
Over time until Dec 21st maybe after too we will see great buying power but to believe you can sell high and buy low is not a good strategy.
Lean back, grab the popcorn and enjoy the show
That wasn't music - more like a broken record
Yet I'm not the only one linking the 2...
Well, disagreed with by 42 members and found funny by 6....Hello, new to this site and thread but I do post on another site that is more about trading than about Tesla. I'm a recent Tesla investor/day trader and, like all of you, look forward to the coming days.
A recent event however did succeed in getting me pee'd off with Musk... The timing of the recent snub from the S&P committee and Tesla's sudden 5B stock sale were too coincidental for me to believe they were not tied. My assessment then was that Musk had made a deal with the Committee whereas he would use the money to cool off the market for a week, to allow fund managers to buy the required shares at sub 400. Low and behold, last week Tesla shares stayed below 400 and are surging this week.
Coincidence? I doubt it. It would have been no worse if Musk had simply handed the fund managers a commission as compensation for overheating the market and buying at well over 400.
Nevertheless, what is done is done. The consequence, if this turns out to be true, is that I expect the S&P Committee to announce Tesla's inclusion sometime in October.
People likely stopped reading and disagreed at "I'm a recent Tesla investor/day trader ".Well, disagreed with by 42 members and found funny by 6....
This may not be the reason for that, but I was on the money.