Oh dear, this is beginning to get interesting on multiple-fronts is that the patter of feet I hear?
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bdy0627
Active Member
Red vs Blue: In the former states, citizens have the freedom to choose it if they want (and likely do not pull a permit to re-shingle their roofs); in the latter they can vote with their feet.
bambam4171
Member
If Troy makes any more progress on his sheet I think Tesla will replace their production management system with it
Model 3 Invites Spreadsheet Published Web Version
Model 3 Invites Spreadsheet Published Web Version
It looks really narrow for a regular door compared to the front door.
DragonWatch
Small FootPrint
Japan's Panasonic says it could make batteries with Tesla in China
First, the mock up is not Tesla:-( And, the last statement infers Toyota is finally getting in the real EV competition, or is it just more of the same ~ Prius?
First, the mock up is not Tesla:-( And, the last statement infers Toyota is finally getting in the real EV competition, or is it just more of the same ~ Prius?
DragonWatch
Small FootPrint
Besides having to mow my green lawn, looks like a hippi ~ everything I watch is green today
Thank god it’s Friday, oh wait, everyday is Friday.
Thank god it’s Friday, oh wait, everyday is Friday.
bdy0627
Active Member
For that state, I would set my "realistic value" around $500, considering volatile flexibility (so a range of $450-$550 fluctuation) I would say $600 would be a definite sell-point for me at that time.
I have to disagree with you there a 40% discount on a company that was 100% not going to bankrupt while being a market share leader is always a good deal, imo. There was absolutely 0 chance that Musk let's SCTY go under and there was <1% that the merger would fail.
Free money all day
ValueAnalyst
Closed
Thank you. Would you mind roughly sharing how you reached those price targets? Conceptually or back-of-the-envelope math would be much appreciated. Thanks!
Thanks for that... I'm sure it will come in handy. T'weren't me. I think I was too stoic to make it into the video.
bdy0627
Active Member
They absolutely cannot let this stay above $310. I would expect fierce fighting.
shrspeedblade
Rideshare Monkey
As it dips back down, it will be interesting to see if it as that floor just above 300 if it goes that low.
Being new to this game, can somebody give me a brief one sentence explanation as to how shorting brings the price back down?I would interpret it as profit-taking.
Being new to this game, can somebody give me a brief one sentence explanation as to how shorting brings the price back down?I would interpret it as profit-taking.
bdy0627
Active Member
More selling drops the price, whether profit taking or new short positions.
johnnybgood888
Member
Regarding the comment "All flash, no substance", I can never understand how they can call someone who is a self-made billionaire, who has built 3 transformational companies (Paypal, Tesla, SpaceX), no substance. If that is not substance, I don't know what is. There is no amount of flash to overshadow that amount of substance, imo.
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Shorting one share of stock effectively adds a share of stock to the total pool of shares, which increases supply of shares. Basic rules of supply and demand apply and the SP tends to drop.
Longer explanation. Shorts are required to borrow shares to sell short. An owner of the share lends his share to the short seller, who then sells it to a second buyer, hoping to buy it back at a lower price. The second buyer is the actual owner of the share. The initial owner who lent the share does not technically own the share but owns rights that track the share price (and he can recall his share at any time and sell it). So in Tesla's case, with ~170 million shares outstanding and ~40 million shares short, effectively 210 million shares have been bought by investors, not 170 million. According to basic laws of supply and demand, if all the shorts covered the effective supply would drop by 40 million shares. When supply decreases, share price increases (even without the dynamics of a short squeeze).
bdy0627
Active Member
My impression after the open is that shorts are working hard to bring this stock down. The reason is that traders are viewing $310+ as a clearcut range breakout that will attract traders big time. I'm actually surprised at how effectively the stock was brought down given where it rose to. However, TSLA is now dangerously close to the breakout point. It won't take much and there appears to be solid support just below.
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