bkp_duke
Well-Known Member
Brisk pre-market trading. Already over 2mil shares.
Capitulation? Can we get that one done and past us?
Capitulation? Can we get that one done and past us?
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Maybe so
FWIW, bitcoin looks to have bottomed out. It’s recovered from a low of 26,000 yesterday to 28,000 now. May suggest a change in risk sentiment which could be better for TSLAYes I’m grasping at straws. So what!
JRP3
Hyperactive Member
UPDATE 1-U.S. judge says Musk recklessly tweeted that 'funding secured' for taking Tesla private
A U.S. judge has determined that Elon Musk's 2018 tweets that funding had been secured to take electric car maker Tesla private was inaccurate and reckless, saying "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time. San Francisco-based U.S...
That never happened...
MartinAustin
Active Member
How long does it take before we realise we are in a sell-off the likes of which we haven't seen since the COVID-19 panic sell-off in early 2020? TSLA fell from $969 to $350. (pre-split numbers) $350 is 36% of $969. Took about 3 months to recoup that fall to get back to its ATH and then kept on climbing.
Today TSLA is at $699 which is 56% of the current ATH. Perhaps there is some more fall to go.
I've seen tons of these falls since I first bought TSLA in 2013. The first one was in autumn of that year after 3 bizarre fire accidents which were nothing to do with the design of the car. Bears used them to start the whole "Tesla cars catch fire" legend. Stock went from $194 to $116 I think it was. $116 is 59% of $194. TSLA turned right back around and climbed to $256 before Elon answered Phil LeBeau's question outside the steps of the Carson City Nevada legislature building and said "TSLA is too high"
Point is... Tesla the company is in way, WAY better shape than any of the previous times it fell. It's a money-making machine with a fortress balance sheet. It's already earning more money than Toyota since the latter is in a slip-up, but that may continue. It won't be long before TSLA starts climbing again. There is still a ton of money floating around that can be used to buy stocks, and the stock market will tire of all the negativity and go into a rally at some point. I believe that TSLA will be much higher later this year - definitely above $1000.
Today TSLA is at $699 which is 56% of the current ATH. Perhaps there is some more fall to go.
I've seen tons of these falls since I first bought TSLA in 2013. The first one was in autumn of that year after 3 bizarre fire accidents which were nothing to do with the design of the car. Bears used them to start the whole "Tesla cars catch fire" legend. Stock went from $194 to $116 I think it was. $116 is 59% of $194. TSLA turned right back around and climbed to $256 before Elon answered Phil LeBeau's question outside the steps of the Carson City Nevada legislature building and said "TSLA is too high"
Point is... Tesla the company is in way, WAY better shape than any of the previous times it fell. It's a money-making machine with a fortress balance sheet. It's already earning more money than Toyota since the latter is in a slip-up, but that may continue. It won't be long before TSLA starts climbing again. There is still a ton of money floating around that can be used to buy stocks, and the stock market will tire of all the negativity and go into a rally at some point. I believe that TSLA will be much higher later this year - definitely above $1000.
For the whole market... we are about ~2% from being there. Tesla has survived better this go round because they are a better company than they were in 2020. I expect a bit more pain, but unless the bottom completely falls out of the market...we aren't far from the bottom.How long does it take before we realise we are in a sell-off the likes of which we haven't seen since the COVID-19 panic sell-off in early 2020? TSLA fell from $969 to $350. (pre-split numbers) $350 is 36% of $969. Took about 3 months to recoup that fall to get back to its ATH and then kept on climbing.
Today TSLA is at $699 which is 56% of the current ATH. Perhaps there is some more fall to go.
I've seen tons of these falls since I first bought TSLA in 2013. The first one was in autumn of that year after 3 bizarre fire accidents which were nothing to do with the design of the car. Bears used them to start the whole "Tesla cars catch fire" legend. Stock went from $194 to $116 I think it was. $116 is 59% of $194. TSLA turned right back around and climbed to $256 before Elon answered Phil LeBeau's question outside the steps of the Carson City Nevada legislature building and said "TSLA is too high"
Point is... Tesla the company is in way, WAY better shape than any of the previous times it fell. It's a money-making machine with a fortress balance sheet. It's already earning more money than Toyota since the latter is in a slip-up, but that may continue. It won't be long before TSLA starts climbing again. There is still a ton of money floating around that can be used to buy stocks, and the stock market will tire of all the negativity and go into a rally at some point. I believe that TSLA will be much higher later this year - definitely above $1000.
bkp_duke
Well-Known Member
Inflation looks to have peaked (although the turn around has not started).
PPI numbers this AM were actually good when you look at the trend.
Inflation data is getting better (still bad), treasuries retreating, the market is betting against Fed signaling, and basic analysis of the market shows this to be a sell down we haven't seen very many times. I wouldn't say today is the exact bottom overall, but near term bottom is close.
TheTalkingMule
Distributed Energy Enthusiast
How about you make the case for end of summer? I'd love to hear your rationale for a 56 PE ratio.
:max_bytes(150000):strip_icc()/beautiful-beach-background-for-summer-travel-with-sun-coconut-tree-and-beach-wooden-bed-on-sand-with-beautiful-blue-sea-and-blue-sky-summer-mood-sun-beach-background-concept-621034054-583ecf4b3df78c6f6a396ae9.jpg)
Sell in May and Go Away': Definition, Statistics, and Drawbacks
"Sell in May and go away" is finance saying referring to the seasonally weaker historical performance of stocks between May and October.
Are you having to raise the strike price to do those rolls cost-free, or are you maintaining or reducing strike price and putting more cash in (or reducing # of contracts)?
Congo Line
(not the dance)
Sorry, it's been a while since this was discussed, but can someone remind me at what value of Bitcoin does Tesla have to report decrease in assets (due to BTC value being less than acquisition cost?) I seem to recall it was around $25k. Also, I believe they have to record it whenever BTC touches that low anytime in the quarter?
P/E are so irrelevant, especially trailing ones, that it gets nauseating to hear
it mentioned every other post.
Some companies are trading below book value and still being sold.
it mentioned every other post.
Some companies are trading below book value and still being sold.
TheTalkingMule
Distributed Energy Enthusiast
So you're pegging TSLA performance to last May-Oct? Sounds good.Sell in May and Go Away': Definition, Statistics, and Drawbacks
"Sell in May and go away" is finance saying referring to the seasonally weaker historical performance of stocks between May and October.www.investopedia.com
:max_bytes(150000):strip_icc()/economy-96c4f034bc234b51a3e447cf303736fe.jpg)
Presidential Election Cycle Theory: Meaning, Overview, Examples
The presidential election cycle theory attempts to forecast trends in U.S. stock markets following the election of a new president.
Same strike, paying a little more.
Speaking as one of the less qualified TMC members to be suggesting possible courses of action, I think it has been and likely still is possible to sell jan 2022 LEAPS and be able to buy jun 2022 LEAPS of the same strike price for about the same price as long as the market is lowering like it's been, essentially rolling them for free. That extra 5 months might make the difference to take advantage of a favorable 4th quarter report.
Last edited:
Similar threads
- Locked
- Locked
- Locked
