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

[JustMe]

PPI report coming out this morning… it will be another interesting day in the market

 

[Artful Dodger]

Pro tip: Set your buy order for 421 - could execute before it rebounds above the buy-wall at 420.69

Lol, and hey! they still have that gap to fill at $51.23 from Oct 23, 2019. Isn't that some weirdo analyst's price target?

/SSS

 

[Artful Dodger]

PPI report coming out this morning… it will be another interesting day in the market

U.S. Economic Calendar - MarketWatch

Time (ET)	Report	Period	Actual	Median Forecast	Previous

THURSDAY, MAY 12
8:30 am	Initial jobless claims	May 7		194,000	200,000
8:30 am	Continuing jobless claims	April 30		--	1.38 million
8:30 am	Producer price index (final demand)	April		0.5%	1.4%

 

[bro1999]

To think I told my wife "good job!" when she bought some TSLA at $792 a couple of days ago. LOL

 

[juanmedina]

Welcome to the 600's

 

[Artful Dodger]

Lol, the 'new normal' is competitors sales cratering, then blaming it on 'chips'...

Nissan warns of flat profit as chip shortage becomes 'new normal'

Nissan warns of flat profit as chip shortage becomes 'new normal'

Nissan Motor Co expects flat operating profit this fiscal year, far below analysts' expectations, as Japan's third-biggest carmaker grapples with a global chip shortage, rising material costs and China's COVID restrictions.

www.reuters.com

 

[StarFoxisDown!]

TSLA continuing to be extremely weak against its beta. Down more than 3X it’s beta yet again today. Stock is absolutely being targeted at this point.

 

[jkirkwood001]

Breaking past $700 in pre-market

 

[fiveten]

On the bright side, its nice now how being down 4.61% in the premarket is only like 33.81 points...back in the day being down 4.61% was like being down 55 points!

 

[Question]

TSLA continuing to be extremely weak against its beta. Down more than 3X it’s beta yet again today. Stock is absolutely being targeted at this point.

My best guess is that bad Q2 P&D numbers are starting to show. Some buyers are delaying their purchases, some traders shorting until the delivery numbers. If this is true, we might see some relief right after the numbers even if they suck.

 

[JustMe]

I’m calling for a close over $1,000 today

I mean, I don’t expect it.. I’m just calling for it

 

[ZeApelido]

I'm relaxed, just having some coffee this morning.

 

[The Accountant]

Core PPI (month over month) came in lower than forecast but no reaction from the Market.

0.4% - Core PPI Actual
0.6% - Core PPI Forecast

0.5% - PPI Actual
0.5% - PPI Forecast

 

[JRP3]

There is a 90%+ chance IMHO that Trump has a exclusivity deal with his dumpster fire DWAC/Truth app, and even if he doesn’t going back on Twitter is basically admitting Truth is done and his ego wouldn’t allow that.

Desire for exposure on Twitter may override that and he can always blame other people for the DWAC failure.

 

[JustMe]

Core PPI (month over month) came in lower than forecast but no reaction from the Market.

0.4% - Core PPI Actual
0.6% - Core PPI Forecast

0.5% - PPI Actual
0.5% - PPI Forecast

I’ll take no reaction over irrational plunge right now

 

[JayNT]

If this continues a split won’t be necessary to make the stock more attractive to new investors.

 

[elasalle]

So glad it's not just a TSLA thing ...
back in 2013-1016 ... dumps like this used to be just a TSLA thing ....

more shuffling in my personal account(final account) ... whole market is cheap ... might has well take some losses on TSLA calls and buy shares/calls in other names ....

 

[Singuy]

My best guess is that bad Q2 P&D numbers are starting to show. Some buyers are delaying their purchases, some traders shorting until the delivery numbers. If this is true, we might see some relief right after the numbers even if they suck.

That's like the worst best guess I have seen when Elon just 2 days ago said the biggest complaint is that Tesla is not making cars fast enough, making people angry that their wait time is extended.

 

[ZsoZso]

I've no objection at all to you leveraging into LEAPs on a big dip.... I've got a little bit of one regarding doing it with less than a full year of time though.... Jan and Jun 2024 LEAPs are available, and average bear market is a little under 10 months. And especially when buying DITM LEAPs the time cost is pretty low to go out a bit further for safety.

Yes, you raise a good point, and I will roll them out much further if the SP does not recover by the end of summer.
I am hoping that the split will happen in August-Sept time-frame and that will cause enough rally to recover above 1100.
If that happens I plan to sell a portion of the LEAPs and use the money to exercise the rest, converting back to shares, hopefully to more shares than I had before this leveraging move. On the other hand if we are still in the ditch in September, then I roll out as far as I can and do the back conversion later.

 

[ZachF]

S&P 500 P/E ratio under 20, lowest since ~2014: