-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
Volum is picking up. Now short is starting to get scared and panic for months coming....and weak Longs could be regretted. I am glad I held strong for for few weeks.
Fact Checking
Well-Known Member
That's how life would be without shorts manipulating the stock price: it would be a calm flow of bulls buying versus (genuine) bears selling, with no wild swings and closer to the fundamentals.
But shorts will be back tomorrow: the "morning dip", the "spike seller" and all the other market manipulation we now strongly suspect they are performing will be back, on this most
Until Q3 and Q4 wipes many of the shorts out, hopefully: there's only a little more than 2.5 trading weeks left until the Q3 production numbers.
Tick-tock.
Whenever this comes up, I simply point out that hardly anyone seemed bothered by Elon having a bit of whiskey, even though alcohol has no less potential danger as a drug. While I'm not a fan of either alcohol or marijuana, I do have to hand it to Elon for sticking it to convention! His only mistake was failing to consider that marijuana is off limits for US DoD contractors, but that's only material to SpaceX and not Tesla, and I'm guessing he won't end up facing any serious consequences provided he doesn't touch marijuana again.
dmckinstry
Model X 2019
Well currently vasillating between 20 and 21 points. Hope it holds up.
dmckinstry
Model X 2019
"The Pit and the Pendulum" comes to mind.
Hopefully, the weak longs come back to their senses and buy back in before they miss the train.
Those who know me, know that I am a big Tesla and TSLA fan and investor. Since 28 dollars. Am an Elon cheerleader. Taking delivery of my third car, a P3D on the 29th. Have a 2013 Model S85 (trade in I think) and a Sig Model X.
Can we PLEASE stop talking about the how shorts are trapped and desperate every time the stock pops five percent. The shorts have completely cleaned our collective clock the past 30 days. The smart ones are SWIMMING in cash. Shorts have to be traders. Shorts who have been trading TSLA well are KILLING it. They are NOT going to disappear. Can't do it because I am emotionally invested in the success of TSLA (which is not a wise investing move BTW) but damn, I WISH I had shorted the hell out of TSLA post going private tweet so that I could be converting it to long positions now. Instead, I did quite the opposite...much to my chagrin.
So please, all this talk of how smart and long and strong we are, how the shorts are getting screwed, how the fear is in the air and they must close their short positions in a panicked stampede, please stop. It makes us sound like...well, like trolling shorts on the opposite side.
Can we PLEASE stop talking about the how shorts are trapped and desperate every time the stock pops five percent. The shorts have completely cleaned our collective clock the past 30 days. The smart ones are SWIMMING in cash. Shorts have to be traders. Shorts who have been trading TSLA well are KILLING it. They are NOT going to disappear. Can't do it because I am emotionally invested in the success of TSLA (which is not a wise investing move BTW) but damn, I WISH I had shorted the hell out of TSLA post going private tweet so that I could be converting it to long positions now. Instead, I did quite the opposite...much to my chagrin.
So please, all this talk of how smart and long and strong we are, how the shorts are getting screwed, how the fear is in the air and they must close their short positions in a panicked stampede, please stop. It makes us sound like...well, like trolling shorts on the opposite side.
I sold a couple of shares at $285.50. Let's see if I can get them back for a good price during tomorrow's dip.
bhtooefr
Active Member
Hey, not complaining about the pop up.
(Well, wish I had timed some sales (to trade the MMD that I expect tomorrow) a bit better, but hey...)+22.7k today for me. Second biggest day for me so far. Let's hope this trend continues up to 350+. And hey, wouldn't that be best for all? We hit 370 again, I jump out, shorts jump in, back to sub-300, and we start the process all over again.
Fact Checking
Well-Known Member
Less than 10% of the 35M shares short have closed positions according to S3 Partners. (And only about half of them took profits, probably.)
This suggests that either over 90% of the short positions have entry prices significantly below $250 and couldn't exit yet, or that they expect further price drops. (Which seems like a crazy risk to take, to me.)
I am not sure the production and delivery numbers would be a slam dunk, given the logistic issues and their inability to produce AWDs as fast as possible.
These issues should be easier to sort out than production hell, we will probably have a great q4.
These issues should be easier to sort out than production hell, we will probably have a great q4.
dmckinstry
Model X 2019
Well. Not too shabby. Closed at $285.50, +22.26 or +8.46%.
Only another ~71 points to bring it up to price ~4 weeks ago.
Only another ~71 points to bring it up to price ~4 weeks ago.
HG Wells
Martian Embassy
mutle
Member
One short story that doesn’t seem to die is that if the share price gets too low Elon might get margin called or his broker could sell shares and that that point is $250. This seems extremely unlikely to me as we were below that earlier this year and even under $200 in the last two years. Besides this fact is there any way to get to the truth?
Fact Checking
Well-Known Member
Yeah, that's a possibility. But let's say there's a 30% chance of a blowout quarter and you are short. It's IMO a crazy risk to carry a large short position across the Q3 earnings event, as Wall Street analyst consensus expectations are so low.
- Status
Similar threads
- Locked
- Locked
- Locked
- Poll
