TSLA Market Action: 2018 Investor Roundtable

[Jayjs20]

Isn't selling shares on a dip a bad idea?

It's not just selling shares. You're selling shares then converting the free money into leaps. Leaps are more volatile than shares, which makes it a good move.

On another note, it's nice that TSLA has fully recovered from the correction while all the big indexes have not. That'll only push TSLA further up as the other indexes continue to recover.

 

[mongo]

It's not just selling shares. You're selling shares then converting the free money into leaps. Leaps are more volatile than shares, which makes it a good move.

On another note, it's nice that TSLA has fully recovered from the correction while all the big indexes have not. That'll only push TSLA further up as the other indexes continue to recover.

Right, but if you sold your shares on the dip, then you must have bought them on the rise, so aren't you selling for a loss? i.e. why even deal with the shares if you buy LEAPs going up and sell them when down? Or is it, if you find yourself in a dip, and have shares, sell them and buy leaps?

 

[Jayjs20]

Right, but if you sold your shares on the dip, then you must have bought them on the rise, so aren't you selling for a loss? i.e. why even deal with the shares if you buy LEAPs going up and sell them when down? Or is it, if you find yourself in a dip, and have shares, sell them and buy leaps?

Yeah, that.

 

[bdy0627]

Isn't selling shares on a dip a bad idea?

It's much much better than selling LEAPs or other calls on a dip.

 

[bdy0627]

Sold my Calls to early this morning.. about where it is now. 3.2% is still pretty good. Seeing a lot of red in specific tech names. though the Dow is still up pretty big. Nasdaq and SPX is fading a bit.

Me too. I'm learning that's a good problem to have vs too late. So you take less profit but you get your calls sold.

 

[Skryll]

Me too. I'm learning that's a good problem to have vs too late. So you take less profit but you get your calls sold.

No kidding. The Jan19 calls for $400 were up 40% at one point and I was stupid enough to expect this to go higher. Sold them at -60% instead to consolidate into a better place.

 

[Reciprocity]

No kidding. The Jan19 calls for $400 were up 40% at one point and I was stupid enough to expect this to go higher. Sold them at -60% instead to consolidate into a better place.

LoL, if I see +3.2, I sell as fast as I can. I know it might still go up. but damn homey. You can always roll that over. I dont know if you are a TSLA only guy, you could put money to work on something that hasnt gone up 4% today..haha. I sold NVDA about the same time and bought it back again this after none when it went to hell in a hand basket for some odd reason. I play around 5 stocks and sadly one is TWTR today. I love twitter though, especially laughing at Mark BS's crying all day when the stock is up 4%.

 

[gene]

I'm thinking the ability for non-owners to configure will be a bigger deal than anyone is discussing at this moment. It can mean a lot of things, most of all the ramp up of production is doing well. I am surprised there has not been an immediate spike in the stock price. Maybe tomorrow we will see the results once the news hits the mainstream outlets.

 

[Jayjs20]

Looks like people are still feeling squeamish about macros

 

[EnzoXYZ]

Holding strong at 345!

 

[JRP3]

I'm thinking the ability for non-owners to configure will be a bigger deal than anyone is discussing at this moment.

Apparently this is the "Options Action" thread.

 

[Esme Es Mejor]

I am surprised there has not been an immediate spike in the stock price.

I mean, it is up $13 today. I’ve seen bigger spikes, but today sure looks like a spike to me.

 

[jhm]

Wow, the price has climbed enough today that it is out of the Blind Faith Blessed Range of $295-$338. (Just made that up, it is 10% to 30% current BFPT, which historically has generated superior one-year returns.) Over the next 30 days that blessed range will rise to $301-$344, and in 12 months to $376-$425. I like to accumulate in the middle of the blessed range, but that is not advice, just my personal preference.

 

[EnzoXYZ]

Anyone come across a good justification for today’s spike?

 

[AlMc]

Anyone come across a good justification for today’s spike?

Opening of Model 3 configuration to non owners, Workplace Charging Program by Tesla and Nomura Analyst repeat suggestion of 'possible' future merger of SpaceX and Tesla.....Take your pick or combination of picks

 

[sweter]

I'm thinking the ability for non-owners to configure will be a bigger deal than anyone is discussing at this moment. It can mean a lot of things, most of all the ramp up of production is doing well.

I see a lot of people making that argument now... but I think it simply means they ran out of current owners (as seen recently, new S/X buyers getting almost instant access to configure Model 3). I wouldn't read too much into this. But I agree this is a big milestone.

 

[Jayjs20]

I see a lot of people making that argument now... but I think it simply means they ran out of current owners (as seen recently, new S/X buyers getting almost instant access to configure Model 3). I wouldn't read too much into this. But I agree this is a big milestone.

Umm, I think a well progressing ramp up and 'running out of current owners' are two ideas that go side by side.

 

[bdy0627]

Looks like people are still feeling squeamish about macros

Yes, I think there is a lingering uncertainty about the market. It went down so hard so fast seemingly over nothing.

 

[Reciprocity]

I'm thinking the ability for non-owners to configure will be a bigger deal than anyone is discussing at this moment. It can mean a lot of things, most of all the ramp up of production is doing well. I am surprised there has not been an immediate spike in the stock price. Maybe tomorrow we will see the results once the news hits the mainstream outlets.

I think it means they ran out of owners who seem to all want dual motor and P models.

 

[jhm]

OMG, we're running out of wealthy early adopters!