It isn't a TSLA - SEC joint letter it is an Elon - SEC joint letter. (Tesla isn't involved.) So there likely won't be an SEC filing. But I think all court documents are public, so we should see it shortly after it has been filed.
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It isn't a TSLA - SEC joint letter it is an Elon - SEC joint letter. (Tesla isn't involved.) So there likely won't be an SEC filing. But I think all court documents are public, so we should see it shortly after it has been filed.
ebyard
Member
Would also point out that all markets are trading lower, everything's in the red today on all sides of the pond, thanks to rising interest rates and a pull back in equity markets, China trade bun fights and stuff. All in all, it's a bit of a bad day.
ev-enthusiast
Active Member
Keeping cash in a separate account helps me a lot not to buy too early during a downslide.
Buying and selling only about 10% of my dry powder each of a time helps me to take advantage of unusual high or low SP levels.
Daily charts do help me a lot for getting perspective on possible drops and possible tops.
Happy investing everyone!
humbaba
sleeping until $7000
My problem is I don't have money to play with so buying with 10% isn't economical. At this point all I've got is my last bit of diversification. Which is why I'm waiting for <$250 to justify losing the last non-$TSLA investment. NASDAQ rose a little while $TSLA is (for $TSLA) flat. Doesn't look likely today, but I'm keeping my eyes on the stock price.
My biggest concern is that it will be <$250 at close, but still dropping (I'm looking to approximate the bottom) and that it recovers in after hours. But then, I'll still be keeping (some) diversity so I still win.
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Given the volume on this thread reliance on reports helps greatly. Do so with appropriate explanation and your help so far seems very responsible.
Given the volume on this thread reliance on reports helps greatly. Do so with appropriate explanation and your help so far seems very responsible.
248-252 is an important battle to me. I can’t buy until tomorrow regardless what happens.
That's the idea, but I have already bought 986 shares in the past 2 years and have run out of cash.
I am not that bothered whether I have bought in at $250 or $350 (I have bought lots of shares at both ends of that spectrum) as my investment is a bet on the share price getting to at least $3,000 so the entry point is actually pretty irrelevant.
I am more worried about the market losing complete confidence via a sustained short attack
If it wasn't for Twitter it would holding above 300. If he doesn't delete his twitter I think we'll see 200 before 300.
ev-enthusiast
Active Member
I agree. I could imagine SP dropping lower. I keep some money to be prepared to buy lower.
jeffro01
Active Member
humbaba
sleeping until $7000
Please, Musk, you're killing us with your twitter account! All of that stuff about SpaceX and successfully doing a ground landing in California has the stock market tanking! NASDAQ and Dow are both down. Companies are failing left and right. To save the economy the fed has been forced to hike the interest rate and to knock Nio into submission our President has escalated the trade war with China.
Please! Musk, we're desperate. Close your twitter account so that the stock market can recover!
For real it's glaringly obvious and mind blowing something as stupidly simple as closing a Twitter account is such an issue.
Sorry about my crappy chart but the big blue spike on the left is the "taking public" tweet then we know what happened next(down, down,down)
Use commas, this thing ",", so that people can understand what you are saying.....
ev-enthusiast
Active Member
I do not think it is realistic to worry about 'the market losing complete confidence'.
I do not expect Tesla to go to $0 (and there are facts and reasons for this, they are discussed elsewhere).
My impression is we already see an irrational SP movement via a sustained short attack 'justified' by loads of FUD.
As there is some powerfull negative forces acting behind the scenes (big energy, traditional car industry, suppliers, Koch brothers, hedge funds, Citron lemonade Left, ...) just do not expect TSLA to have a stable SP.
Congrats to your big number of shares.
Honestly I would prefer the shares you bought at $250.
BTW converting a small amount of shares to long term LEAPs during overextended drops was discussed here several times and I think is an opportunity to profit from irrational drops.
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