TSLA Market Action: 2018 Investor Roundtable

[ggr]

Mod: I just moved 23 posts to StrangeCosmos valuations out of MA .

Why don't I also move the Starlink ones? Because they don't have an obvious starting point within the last 5 pages, and I don't have the bandwidth (but have plenty of latency). So I'm relying on all y'all to take the discussions to the right place.

--ggr.

 

[Todd Burch]

So, with respect to stock price...feels like we're on the verge of a breakout here. Maybe after morning shenanigans?

 

[Fact Checking]

Today's Market Action so far: a nice push to above $340.

It's November 1, the first day of the new quarter fiscal year of many funds. Funds and institutional investors that might have been forced to reduce their TSLA stakes in the past few days due to investment/exposure limitations might be repurchasing TSLA shares now?

On the flip side short funds could re-short the stock as well.

Which force is stronger?

 

[Zhelko Dimic]

Funding secured effect cancelled:

 

[MP3Mike]

It's November 1, the first day of the quarter.

Huh?

 

[Mkorpal]

Today's Market Action so far: a nice push to above $340.

It's November 1, the first day of the quarter. Funds and institutional investors that might have been forced to reduce their TSLA stakes in the past few days due to investment/exposure limitations might be repurchasing TSLA shares now?

On the flip side short funds could re-short the stock as well.

Which force is stronger?

Um, I think today is the 32nd day of the quarter.

 

[Fact Checking]

Funding secured effect cancelled:
View attachment 348887

OMG, that -50% drawdown must have been brutal for you to endure ... Well done!

 

[KarenRei]

I’m making a prediction that Supercharger V3 will be unveiled in 6 weeks with autonomous charging. This will be one of the advanced summon features.

Thoughts?

The last we heard, V3 was supposed to be unveiled late this year. It's supposed to be higher power than V2 (speculation has been variously 150kW and 180kW per stall, with liquid cooling). Haven't heard anything about automatic connection, although that would be interesting - and obviously essential for Tesla's long-term goals.

 

[Fact Checking]

Um, I think today is the 32nd day of the quarter.

Yeah, I meant 'first day of the fiscal year' - I already ninja-edited that embarrassingly non-factual claim - but not fast enough.

I was referring to this post of @Curt Renz:

TSLA trading volume had been quite heavy the previous five days as the share price soared upward, then volume dried up today. That implies a lack of participation by institutions today other than hedge funds. October 31 marks the end of the fiscal year for many of them. Under the current two-day settlement rule, yesterday would have been the last day to complete their "window dressing" portfolio rebalancing. I suspect that much of today's selling was by short sellers who borrowed shares from those funds that are now loaded up with TSLA.

Today would be the first day of their new fiscal year.

 

[kbM3]

The last we heard, V3 was supposed to be unveiled late this year. It's supposed to be higher power than V2 (speculation has been variously 150kW and 180kW per stall, with liquid cooling). Haven't heard anything about automatic connection, although that would be interesting - and obviously essential for Tesla's long-term goals.

When Elon initially mentioned the cross country demo, he stated one would not even have to get out of the car to charge. So I know it has been on their radar.

 

[X Fan]

Some auto industry news: Toyota/Suburu recall over 400K cars for a 'faulty engine part that could cause stalling."

Memo to buying public: Buy an EV, no engine stalls.

 

[shlokavica22]

Covering still ongoing ... Ihor Dusaniwsky on Twitter

 

[Tslynk67]

You want someone to take you home while you're drunk, get a horse.

Come on, neroden, get with the times, it's a wife you need these days, not a freaking horse...

 

[Artful Dodger]

Nov. 1, 10:10 a.m. EDT
TSLA is swimming against the tide this morning:

NASDAQ-100 down 0.82% from 9:40 to 10:10

TSLA up 0.89% from 9:40 to 10:10

So, is money flowing from large-cap low-growth Tech stocks into TSLA in a "Flight to Quality"?

 

[X Fan]

Covering still ongoing ... Ihor Dusaniwsky on Twitter

$2.5B in losses by shorts for October.....not a great way to start quarter or for some shorts, the end of their fiscal year.

 

[X Fan]

Morning stats:

ASDAQ 7317.03
11.13 ▲ 0.15%
NASDAQ-100 (NDX) 6962.20
-4.9 ▼ 0.07%
Pre-Market (NDX) 6989.06
21.96 ▲ 0.32%
After Hours (NDX) 6963.17
-3.93 ▼ 0.06%
DJIA 25203.80
88.04 ▲ 0.35%
S&P 500 2718.83
7.09 ▲ 0.26%
Russell 2000 1521.99
10.58 ▲ 0.70%

 

[Unpilot]

340 is the new 300 Just like 350 will soon be the new 340...ect..ect..ect

 

[Tslynk67]

TSLA swimming against the tide right now;
Nov. 1, 10:13 a.m. EDT
NASDAQ-100 down 0.82% in last 30 min
TSLA up 0.68% during that time

So, is money moving from other large cap-low growth Tech stocks to TSLA in a "Flight to Quality"?

View attachment 348891

Indeed, $TSLA looking strong so far today, maybe there's something to the idea that big funds can buy back in now.

 

[scaesare]

Some people seem to have the misconception that Starlink routes traffic satellite-to-satellite. While the system is designed to be capable of doing this, this isn't the primary way in which it transmits data. Satellite-to-satellite transmissions of user data are used only to prevent dropouts (from various causes).

Do you have a source for this?

 

[Right_Said_Fred]

Covering still ongoing ... Ihor Dusaniwsky on Twitter

The bears seem to realize that their thesis is broken. In the past they added to their short positions when the SP went up and they started unwinding on the way down. It looks like the opposite is happening now.