Johann Koeber
Happy Owner
I don't want to tell my exact $$, but my first one is in the 43-45$ range. I will be adjusting it as the price of the stock moves (inches up, I hope).
I have another lot of my shares up for sale in the 75-80$ range.
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TSLA Investor Discussions
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I don't want to tell my exact $$, but my first one is in the 43-45$ range. I will be adjusting it as the price of the stock moves (inches up, I hope).
I have another lot of my shares up for sale in the 75-80$ range.
smorgasbord
Active Member
Repeat after me: Before hitting the "Post" button I will get up from my computer and take a walk around the block. Before hitting the "Post" button I will get up.....
You back? Nice day today, eh? Take another look at the short interest. Look at the actual number of shares shorted. Oh, well, look at that - actually less shares shorted than 2 weeks ago. OMG!!!!!
Yup, you read it right. The number of shares shorted DROPPED by about 325,000. The number of days to cover went up because the average trading volume dropped 1.4 million shares/day to 780K shares/day.
OK, so what does that mean? Well, the sample size is too small so far. Maybe some shorts decided to cover due to Tesla saying they would deliver cars. Remember, this is short interest as of about 2 weeks ago - before the actual deliveries. It could also just be noise that that the number of shares shorted will rise at the next report. At any rate, there was nothing to get alarmed about. Volume was pretty high last week, so average trading volume will probably be higher at the next report, making the days to cover drop even if the number of shares shorted increases slightly.
Now, wasn't that a nice walk? The sun is shining here and the temp is in the high 60's. The Tesla factory is humming along making cars, reservation holders are getting test drives, and reviews of the car itself are all positive.
Go get Elon Lunch somewhere and go for a walk in the forest or maybe a round of disc golf
I'd keep what I have and buy twice what I have.
Volume today looks like it will stay below 1/3 of yesterday, and far less than average.
Update: It was at 700,000 when I first posted this. It ended at 929,000 50 minutes later, 229,000 trades higher. There's 6.5 hours in a trading day (neglecting after/pre hours), or 390 minutes. During the last 12.8% of the day's trading, 25% of the volume changed. My conclusion: Day traders love TSLA.
Update: It was at 700,000 when I first posted this. It ended at 929,000 50 minutes later, 229,000 trades higher. There's 6.5 hours in a trading day (neglecting after/pre hours), or 390 minutes. During the last 12.8% of the day's trading, 25% of the volume changed. My conclusion: Day traders love TSLA.
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Norbert
TSLA will win
Shorts increased from 25,850,776 to 26,522,286, from 5/31/2012 to 6/15/2012. (Note that's more than 26 million now.)
Not sure how large an effect that has, but surely contributes to the stock price not going up (aside from Europe etc.). Also surprising (to me) that the shorts increase with otherwise rather positive news in those two weeks, and without the stock price going up (on a larger scale). EDIT: Though gas prices are currently going down.
smorgasbord
Active Member
Why panic? Just because others have bet over a billion dollars that TSLA will fail does not mean they are right. A billion dollars?...
Doesn't that mean when they are forced to buy, you'll get a share of those billion?
dmckinstry
Model X 2019
What?? You want it all. I think you'd be willing to share some with the rest of us on TMC.
I think silicone valley alone could keep Tesla alive as a company( and a very good growing one). Many of the investors know really nothing about what will become of Tesla. just a thought
CyberDutchie
Active Member
You mean silicone valley or silicon valley? Silicone valley is the nick name of the San Fernando valley in LA...silicone being the material used for implants and other procedures for superficial glorification of body looks. :wink:
Any thoughts on why health care reform is bad for Tesla? Seems to have fallen very soon after the ruling. I would imagine this bodes well for Obama's re-election. I really don't get it. I seriously don't believe the freak movements in this stock have anything to do with normal trading. But what do I know, I'm of the belief that a number of groups are conspiring to manipulate this stock.
Citizen-T
Active Member
Doesn't have any affect on Tesla, it's just people selling the whole market.
We just now touched the 200-day. I suspect we have reached a near-term bottom here. I'm going to put a few more dollars to work as I think the odds have now shifted in our favor and we are much more likely to rally here than drop further. That said, I could be wrong, if we do close significantly below this level, we might be in for quite a drop the next few days.
The rally might not happen tomorrow either, we might need a couple of days to gather steam before pressing higher.
haha .. yep
I guess both of the Si based valleys would make Tesla a very large CA company ( I was meaning the Chip one but the vanity one works too). Sales could easily be 10,000 in Cali alone
The cars just aren't available yet to the people who would buy them with out a second thought.
LOTS of people would if they had the chance to drive one!
would love it if someone would explain what is causing this yoyo effect. These ridiculous swings on no real bad news, don't make sense. I refuse to believe this is normal buying/selling. When is the Supercharger announcement coming? Would love to see some sort of sustained positive movement instead of this constant swing movement between 28 and 33. Why people are refusing to recognize any positive news as legitimate is beyond me.
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