TSLA Market Action: 2018 Investor Roundtable

[jeewee3000]

wasnt expecting so much of a pull back from the 360s. bought back my 357.7$ call, thinking it was going to keep rising. should have known to hold tight.

If it offers some solace, I also rode some weeklies upwards on the climb to 364, then cashed out at 60% gains. When it dropped below 361 I got back in, just to see us ride further down.

I'm holding a bit longer however. I think these "dips" can lead to covering and a surge back above 360.

 

[LordAstinus]

Looks like we are holding 357. Compared to other tech stocks TSLA is holding up OK today.

Not only that: $360 will be very easy to break from now on...

 

[EVMeister]

Nice little tug of war going on at the moment. The shorts desperately holding the stock down, but there is a lot of pressure for it to rise higher. It's nice to see that the point at which it is held down is rising all the time. So much wasted energy, delaying the inevitable...

 

[Tslynk67]

How does replacing Cobalt in batteries with Nickel help the planet?

AFAIK, but correct me if I'm wrong, cobalt is mainly coming from DRCongo, which is a bit of a sh*t sandwich when it comes to human-rights...

 

[Tslynk67]

There's a difference between an Active Member and an active member.

And having an active member...

 

[Tslynk67]

Damn, that run up to 364 earlier was sweet as hell - it was really sudden and quite a violent rise, which we've seen a lot of recently, shame it didn't stay up there.

Looking at the all-time graph, it appears we're in the steepest growth that TSLA has ever seen, or close to it.

 

[Bobbyducati]

If it offers some solace, I also rode some weeklies upwards on the climb to 364, then cashed out at 60% gains. When it dropped below 361 I got back in, just to see us ride further down.

I'm holding a bit longer however. I think these "dips" can lead to covering and a surge back above 360.

i still have a good bit of shares back from 264$ that im holding on to, so i wont cry too hard.

 

[Waiting4M3]

AFAIK, but correct me if I'm wrong, cobalt is mainly coming from DRCongo, which is a bit of a sh*t sandwich when it comes to human-rights...

What will happen to DRCongo when the world stops buying cobalt? Along that line, what will happen to the middle east when the world stops buying oil?

 

[SW2Fiddler]

But why would a well respected and trusted media source like CNBC put these guys on without any due diligence and research on their claims?

You mean like giving airtime to Jim "Distributed Solar" Chanos?

 

[N5329K]

Along that line, what will happen to the middle east when the world stops buying oil?

Dates and massive PV power stations?
Robin

 

[Krugerrand]

Dates and massive PV power stations?
Robin

Nobody likes dates.

 

[EVMeister]

Hi again 360. Okay, better not jinx it...

 

[wipster]

Along that line, what will happen to the middle east when the world stops buying oil?

A lot of sand being covered by solar panels?

 

[Zythryn]

AFAIK, but correct me if I'm wrong, cobalt is mainly coming from DRCongo, which is a bit of a sh*t sandwich when it comes to human-rights...

About 58% of the world supply.

 

[Unpilot]

Look at the volume....lots more than your average day. 360 is the "new" floor

 

[Esme Es Mejor]

what will happen to the middle east when the world stops buying oil?

Depends what choices they make. Regenerative agriculture, mixed with PV would make a lot of sense.

 

[JRP3]

AFAIK, but correct me if I'm wrong, cobalt is mainly coming from DRCongo, which is a bit of a sh*t sandwich when it comes to human-rights...

Cobalt is mostly a byproduct that comes along with mining for nickle and copper. Stopping it's use would only drop the price and possibly cause it to be tossed aside as waste material.

 

[EngRyan]

How does replacing Cobalt in batteries with Nickel help the planet?

Nickel is found in more places and in higher quantities. Interestingly enough Cobalt is often found in Nickel deposits (along with some copper too), but not always in significant (process-able) amounts. You average mining grade for Cobalt would be like 0.7-0.3% while Nickle is more like 1.8-1.0%, off the top of my head. So you typically have to move 4 times more dirt to get the same amount of Cobalt as Nickle, and that's if you can find the stuff. So it's better environmentally to use Nickle on a tonnage basis and it can be sourced from countries that mine it with the environment in mind like Canada.

And don't get me started on activists protesting North American companies being in areas like the Congo so we don't, and then China just comes along and partners up with the government and does 10x more damage. /rant

Am mining engineer if you didn't guess.

 

[EngRyan]

Cobalt is mostly a byproduct that comes along with mining for nickle and copper. Stopping it's use would only drop the price and possibly cause it to be tossed aside as waste material.

Agree with a lot of that. Though there are definitely unique deposits, like in the Congo I think, where it would drop the overall economics to the point where they stop mining the ore overall.

 

[Snerruc]

But why would a well respected and trusted media source like CNBC put these guys on without any due diligence and research on their claims?

No one thinks CNBC is respected or trusted. They are worse than average, which would be a F- in real journalism, if it still existed.