TSLA Investor Discussions

[dmckinstry]

I'm one of those guys and getting a bit nervous now...

I'm one of those guys too, but I'm not nervous. I have to get realistic and accept that I'll probably have to do a deferral. Possibly even cancel and purchase in a year or two. I'm disappointed, but not giving up on getting a Model S. I want its larger size and probably wouldn't be happy with the Bluestar.

 

[tander]

I'm one of those guys too, but I'm not nervous. I have to get realistic and accept that I'll probably have to do a deferral. Possibly even cancel and purchase in a year or two. I'm disappointed, but not giving up on getting a Model S. I want its larger size and probably wouldn't be happy with the Bluestar.

This might be a bit off topic, but my understanding is that the Model S is/will likely be the safest sedan on the road. Does that matter to any reservation holders? It seems like that would be a big + to buyers/investors.

 

[Norbert]

I see T/A support around $25. I don't believe in T/A support lines, and plan to buy some more around $22. Fingers crossed!

Sorry, not crossed here.

 

[Johan]

Seems maybe it bottomed out at 25.52 and now slowly climbing again (right now 26.17) , even though the NASDAQ as a whole has continued to dip during the day.

I was quite happy with purchased I made last week that took my cost basis down to below $29 but buy I should have waited... no way I saw this coming. When it drops like this you can always make up reasons in retrospect, but really, did anyone here expect such a deep dip? Anyway, I'm gonna hold my core position now but from buys last week I'm probably a bit overexposed on TSLA so will try to sell some when we get over $31 (next year? )

 

[tander]

when we get over $31 (next year? )

It could be next week with the typical volatility of TSLA!

 

[Johan]

when we get over $31 (next year? )

It could be next week with the typical volatility of TSLA!

"Fingers crossed"

OT: FB is almost at $19 now (1/2 of its IPO price of $38). Now if I had FB stock I'd be worried.

 

[Mile Erlic]

Sorry, not crossed here.

Definitely see a head and shoulder on the weekly chart. Likely to head down to $22 if no tangible good news in the next few days.

 

[Uncle Ron]

EDIT,,

 

[clmason]

Jon Peterson is feverishly writing his next blog... due out any minute.

 

[Uncle Ron]

EDIT,,

 

[nygiants242]

Definitely see a head and shoulder on the weekly chart. Likely to head down to $22 if no tangible good news in the next few days.

Can you post an image? Thanks!

 

[Mile Erlic]

Note the Nov/Dec left shoulder, April head and June/July right shoulder... Support at $26 and then $22

 

[ckessel]

I just see a longer series of bumps. Maybe it's like shapes in the clouds, everyone sees something different.

 

[Mile Erlic]

Lol - I like your comment. Bumps used to be six months apart, now they're 3 months apart...it's getting bumpier!

 

[Uncle Ron]

EDIT,,

 

[thelastdeadmouse]

Looks like the fire sale might be coming to a close. I wanted to get in yesterday when it was in the mid-hi 25's, but it took me until this morning to get they money moved around, had to settle for about $27 by the time I was able to get the trade in. I'm long Tesla and its still significantly below my average buy, and I'm happy with the price since I don't expect it to stay around here, but its always a bummer to miss the bottom of the dip.

 

[raymond]

TSLA up more than 5% @27.50!!! WTH is causing this?!?!?!

(sorry, couldn't resist. I'm weak I know it.)

 

[KBF]

Nice, I hit that one pretty close to the bottom. I think Georges blog might have helped this one (what, they actually delivered 50 cars? But I swear I saw someone on TMC say production is halted to work out major interior issues)! :wink:

 

[bmek]

Ok, we had some good news from George B and we had a good jobs report today. Everything looks like we hit the bottom, right? For those that bought under $27, maybe it is time to consider selling some August covered calls. Take a look at the August $28, $29 and $30. There is huge volatility in TSLA so, if you are long, you can earn the premium, maybe get called away and lock into some profits. Even if $25.50 was the 'bottom', the volatility could see $26 before we see $30.

The August options expire two weeks from today, so one could earn a good return in that time. Covered calls are good to consider when you are long on a stock ...

 

[mnx]

Indeed! Just covered my short on the August 25$ puts, they dropped 50% from where I got in yesterday...

Ok, we had some good news from George B and we had a good jobs report today. Everything looks like we hit the bottom, right? For those that bought under $27, maybe it is time to consider selling some August covered calls. Take a look at the August $28, $29 and $30. There is huge volatility in TSLA so, if you are long, you can earn the premium, maybe get called away and lock into some profits. Even if $25.50 was the 'bottom', the volatility could see $26 before we see $30.

The August options expire two weeks from today, so one could earn a good return in that time. Covered calls are good to consider when you are long on a stock ...