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Discussion in 'TSLA Investor Discussions' started by Boomer19, May 2, 2019.

  1. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    I would be fine with that. There is a worse scenario, long-term.

    In my opinion, the only threat to Tesla long term is their communications fiascos. See the long-term thread. If this isn't fixed, total demand for Teslas actually could drop. There are already people buying inferior cars (cars they admit are inferior) at higher prices, just to avoid the craziness of trying to communicate with Tesla. This is a problem.
     
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  2. mongo

    mongo Well-Known Member

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    It's a problem once there are not other buyers lined up to take their place. So, yeah, they need to start fixing that issue at a point in time that prevents it from impacting total sales. On the other hand, it provides a bit of a filter as to the type of owners they have to deal with for years after the purchase.
     
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  3. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    Yeah, it filters out sane people. (I just got a second Tesla, so you can determine my own self-assessment of my sanity.)

    It's true they can get away with this as long as demand remains overwhelming. But geez, huge unforced error, and the *only* thing reducing demand at this point. Hope they fix it.
     
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  4. Boomer19

    Boomer19 Active Member

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    g20 gave us a possible breather,
    let’s see how that intertwined with what should be decent quarter of deliveries, and a shortened holiday week...
    the volatility was seemingly sucked out the the stock for a week or so (delivery and g20 macro anticipation)
    ...or was it mainly driven by consolidation?
    we’ll see
     
  5. anthonyj

    anthonyj Stonks

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    Too much money flowing into equities for Tesla not to explode higher within the next month. See y’all at $380
     
  6. geneclean55

    geneclean55 Active Member

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    some major call blocks bought today for July19
     
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  7. Boomer19

    Boomer19 Active Member

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    did they buy the 240s and sell the 260s?
     
  8. Antares Nebula

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    For what it's worth an inverse cup and handle triggered on today's chart (5/15 minute). Target: [228 - (233-228)] = 223 (which would fill the gap).

    Strange price action on TSLA and indexes. Looks like a reversal after a gap up/breakout. Not sure what to make of it.

    Maybe worth buying some weekly calls to play the delivery report breakout?? Or, if you already have a large position, maybe hedge with puts. Both appear to be somewhat cheap (for TSLA and given a big news event this week).
     
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  9. bdy0627

    bdy0627 Active Member

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    TSLA basically just consolidating with a mild climb going into P&D report. IMO, this is a very good environment for good delivery numbers to be a catalyst to get this stock climbing with some mojo again. Shorts seem confident. People are very understandably worried about a bear raid over July 4. Given the lack of a major climb on the rumor of very good delivery numbers, I think it's unlikely investors/traders will be keen to sell over the holiday weekend. This stock seems poised for a nice climb to me. I'm going to reduce leverage only if we get a big climb tomorrow.
     
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  10. EVNow

    EVNow Well-Known Member

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    So, you are thinking they will release P&D after hours tomorrow - not in the morning ?
     
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  11. bdy0627

    bdy0627 Active Member

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    I'm hoping for this morning.
     
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  12. defc0n

    defc0n Member

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    I bought this dip
     
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  13. Antares Nebula

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    223 inverse cup and handle target hit and also gap up from yesterday filled (TA doesn't always work but sometimes it does). Bought some 235 and 240 weekly calls to play the P&D. Not too worried if it doesn't work out. Would love to buy some shares (for the long term) if the price dips back to 200 area. May buy some puts if TSLA climbs the rest of the day.
     
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  14. defc0n

    defc0n Member

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    Looks like a good call, will sell earlyish tomorrow morning most likely.
     
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  15. bdy0627

    bdy0627 Active Member

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    Me too. I've got quite a few July19 $240s. It's usually best to sell on the initial pop it seems.
     
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  16. defc0n

    defc0n Member

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    Starting to get more bullish about Q2 financial report but also trying to convince myself not to. I do want to avoid holding through this holiday week at least and then think some more about my plan thereafter.
     
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  17. Antares Nebula

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    What do people think this is going to do tomorrow? Going back down to 220 (gap fill at 225) or squeezing up to 260? I guess it's anybody's guess. Still crazy cheap for the long term. But I wonder if at some point it will revisit 180 and fill some gaps along the way. Or is this it -- are we Ving straight up to 300 or even 400. Maybe this is the big squeeze everybody's been waiting for?
     
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  18. anthonyj

    anthonyj Stonks

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    All we need are half decent earnings and this thing will defy gravity. 100m loss or better will do it. The delivery numbers are amazing and Elon gained a ton of credibility back. The big investors that push the price higher/lower will want to know if the company is still bleeding cash. I think near term we can see $280/$300 in 2 weeks
     
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  19. Boomer19

    Boomer19 Active Member

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    i know jack about nothing

    but i’m not convinced this is the breakout back to high 2s and reaching 300 again. just don’t see it.

    that last paragraph perspective is for my july’s. i want to dump enough or all of them to cover costs at open and maybe let some ride. i don’t have a great cost basis on those. i bot them after hitting my wkly july’s earlier in the run from 180-220

    prob do same with august’s. maybe even november’s.

    as i go out further in months i have to dump less to cover costs bc i was able to avg down accordingly. so i should still be in play for a decent run by august and def for nov should q2, 10q and q3 go well

    we’ll see
     
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  20. bdy0627

    bdy0627 Active Member

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    Screen Shot 2019-07-03 at 8.28.45 AM.png
     
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