Jim Cramer just now on CNBC - TSLA is one of his 10 ‘Up stocks’ to buy now, These are stocks that (he says) will go up substantially to finish out the year.
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Jim Cramer just now on CNBC - TSLA is one of his 10 ‘Up stocks’ to buy now, These are stocks that (he says) will go up substantially to finish out the year.
I didn’t mean to come across snarky or disbelieving. Just asking if that’s about the level of suppression we're considering here.No, I think the naked shorts suppressed the SP to $85 in March 2020, and to $37 in May 2019.
Do you think the guy on your lawn yelling 'fire' while standing next to your 'For Sale' sign is holding back any potential offers on your House? Or reducing the selling price?
Fitting that they got burnt.
Index inclusion is a technical event, not a fundamentals one. So the short answer is no one except people who are trying to speculate on short term movements during the event.This relates to one of my concerns, especially as I have bought some short turn calls.
Why would those funds that "have to buy" want a squeeze? It could only hurt them. They buy, then a few days later when the stock sinks back down to some level, they are already in a losing proposition. The S and P committee and everyone else must realize this.
If anyone has been paying attention, the market seems controlled by powers other than 'us'. Why would they want to see TSLA shoot up, unless they feel it will stay up and not hurt them in the long run.
I am looking for others 'smarter' than me to possibly chime in. I have neve directly linked @Papafox but now will as really want to know his thoughts on this.
As a TMC'er said yesterday, who gets left holding the bag?
I’m not a TA guy but this is the literal definition of a wedge, the past 3 months were building up towards a breakout and Mission SP-500 was the catalyst for the breakout upwards.
Passive investors should be pissed at S&P. S&P made an ideological decision years ago that excluded Tesla from the index, even though Tesla was by far the largest and highest cap company not in the index. Passive investors have lost out on some $50B in gains.
When one ponders how a stock price can be manipulated, it is necessary to understand that there are several ways to control a stock price, given enough money. It is difficult to discern how much "legal" shorting vis-a-vis "naked shorting" contribute to a major downward move of an SP. But, the one thing that most people here are missing in this endeavor, is that short selling, whether it be legit or naked can now (since 2007) be done on DOWNticks. You have to actually spend some time thinking about the power of this ability to really understand how it is done. Think about it: if you are a legitimate long, do you want to pay a higher price than the market is showing?---no. Conversely, why would a legitimate short want to sell at a LOWER price? Pretty simple, really.Given where SP was pre-split-announcement (Aug 11, ~$280) and where it finally settled to (~$420), do you really think the naked shorting depressed the SP by $140?
She probably called Trevor Milton and asked him what he’s going to do in DecemberCan we circle back to this Mary Barra selling stock thing? How does a chair/CEO sell more than half their stock and it closes up? How is this not a massive story?
Given where SP was pre-split-announcement (Aug 11, ~$280) and where it finally settled to (~$420), do you really think the naked shorting depressed the SP by $140?
Yeah, it's cool man, no offense taken. But as Wayne Gretzky would say, "You miss 100% of the shots you don't take". That's what naked shorting accomplishes: it suppresses the number of shots taken.I didn’t mean to come across snarky or disbelieving. Just asking if that’s about the level of suppression we're considering here.
TSLA just went up 25% in three days. I'd guess they thought it was time to rebalance. I doubt it means anything about their expectations for the next month. They may be doing this several times between now and when inclusion happens.I was about to post that.
So their bet is that it will drop till the actual S&Pinclusion on December 21st?
TSLA reached 15% of their portfolio?
Lots of ha ha’s about this on the board today but I think it should be taken seriously. People buying cars pay attention to this stuff.
JMHO
Probably a good reason why Tesla doesn't participate in consumer reports surveys.
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Source: Tesla Model S Owner Walks Away From 100 MPH Crash
Tesla Inc (NASDAQ: TSLA) vehicles are some of the safest on the market — and this week brought an extreme example.
Just a guess, but I would say that a generation that can do google and youtube search is not using CR for anything.Lots of ha ha’s about this on the board today but I think it should be taken seriously. People buying cars pay attention to this stuff.
JMHO
Whoah! Solstice, conjunction and inclusion on the same date.When the giant planets Jupiter & Saturn will appear their closest together in the sky since 1623, at about one-fifth the angular width of a Full Moon. Hmmm, wonder if Elon's spacefaring Tesla will squeeze between them.
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Can we circle back to this Mary Barra selling stock thing? How does a chair/CEO sell more than half their stock and it closes up? How is this not a massive story?