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Couple points to note. While a new referendum isn't an option, it's a terminal event based on some parliamentary factors occurring. A no vote on the current deal, would yield a no confidence vote in May, she'd then be out. A new vote would have to occur for PM and or votes in the Parliament in lieu of a public vote for party. at THAT point, the parliament could call for a new referendum on the Brexit vote from 2016. That's a lot of if's, but there is a path.Note, "new referendum" is not an option. It's being floated by those British politicians and the media who still don't understand the exact circumstances:
There's only 3 options on the table at the moment:
- There is no time to organize a new referendum which will be bombarded by legal challenges like the previous one which took 8 months to perform.
- The EU is not going to accept the "maybe Brexit in 10 months ... or not" outcome and uncertainty.
- Britain had 2 years to hold another referendum and they didn't.
- The EU wants this over with, one way or another. This whole mess is Britain's own making, and they can reverse it with a simple government decision taking back the Article 50.
The EU has started organizing relief efforts to soften some of the worst humanitarian costs of a crash-out Brexit.
- "EU deal Brexit", perhaps with cosmetic modifications by the EU.
- "no EU deal crash-out Brexit"
- Britain taking back the Article 50 notice, until March 29 11pm
And no, Britain does not have the freedom to delay crunch time anymore, and the last thing the EU wants are the EU elections in May 2019 with Britain still in limbo ...
This is getting absolutely ridiculous. I want someone to explain to me how a functioning market can drop a single stock 1+% nearly every single day in the mid-morning. HOW!?!?!? In what rational world is this not flattened out by investors?
There's some factors that can cause trades to not happen and make the market less efficient.This is getting absolutely ridiculous. I want someone to explain to me how a functioning market can drop a single stock 1+% nearly every single day in the mid-morning. HOW!?!?!? In what rational world is this not flattened out by investors?
Efficient-market hypothesis - WikipediaWhomever said the market was rational?
Annoyed that I was driving when it dropped down to $353. :Þ I would have bought with my "spare change" then.
Totally 1000% OT.Whomever said the market was rational?
A limit buy order would work very very badly when there is a scandal that hits the stock.A limit order would fix that annoyance going forward
A limit order would fix that annoyance going forward
In Iceland maybe. One of my option buys today was a limit, which didn't trigger right away.Easy with stocks, not as easy with options
It seems a bunch of people are suspecting no significant pricing action until the bonds convert. Shorts want to keep it under the conversion price and market makers want to keep it at the conversion price.Market day and no post in 30 minutes? Is the forum broken? I'm glad we are performing better than the market even if it is down.
It seems a bunch of people are suspecting no significant pricing action until the bonds convert. Shorts want to keep it under the conversion price and market makers want to keep it at the conversion price.
Compare TSLA to SPX today. Basically 0 price action on TSLA. Nothing is happening.
Most pick ups are lifestyle vehicles, not work vehicles. Using it twice a year to help a buddy move or haul some lumber doesn't count as "needing" a truck IMO.It is very wasteful and expensive for most owners but that's the choice they make because they want to drive a truck.
What? Not a single Oracle here?So do we get the feeling that, at least for the near future, the market panic has eased?
What? Not a single Oracle here?
Couple comments about the 60 minutes interview:
1. It really seems like it was something forced by PR/Corp communications for Elon to do. I got the feeling he really didn't want to be there, didn't have something he wanted to say, almost like a hostage video. No FUD objective here, but I got the feeling that someone in the company said "hey, we really need to get you out there and do some PR".
Agree. But whether it was Elon or Tesla PR agreeing to Stahl interview, why choose to do it now, when end of Q4 production numbers are out in three weeks and Q4 Earnings 7 weeks? A second consecutive profitable quarter and actually paying off the 900 M owed will be harder for biased news organizations to ignore for old FUD and likely further relax Elon when handling negative questions.
Perhaps but revoking article 50 will be the issueEdit: TSLA bounced back to green along with a rise in indexes. Wonder if this small rally will fade.
Snap election, with new government revoking Article 50?