Two days ago, I really didn't expect there would be yet another opportunity to concentrate more of my portfolio into one stock than I ought to. Oops, I did it again (at $348, selling some HASI to do it).
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it is no different from the stock. Traditional investors follow Wall Street guidelines. As I was saying Musk has nothing to search in the public market. It can happen that buyout will be actually cheaper than 420. (+20% of current stock price).
Better for his friends.
Causalien
Prime 8 ball Oracle
I just bought bunch of short term options, next week, and the week after*
The way I see it, if deal comes through, I'll make money on these.
If deal doesn't go through, I lose this investment, but I get to keep my 90% of TSLA in registered Canadian plans and participate in future success of Tesla. Otherwise, I would have had to sell them, as RRSP/TFSA/RESP can't hold foreign private equity.
The only real downer is if clarity doesn't come in a week or so, but considering 4 day 8K requirement, I don't think that's probable.
* After learning that we may need to sell 90% of TSLA, wife decreed that I have to make 10% work as if it's 100%, so here, I'm trying
Don't understand the logic of ppl with registered or 401k. Just sell in those plans and move the money out to normal account and buy. Not an expert on usa, but tfsa is free flow. RRSP you take a tax hit, so if the spouse has no income, let her take it out.
That Bloomberg article mentioned the 5 possible sugar daddy's, Alphabet as one, then said likely not because they own Waymo.
But what if Waymo is failing as evident by their second trial in Phx while still requiring NDA to keep any negativity out of the news. I say Alphabet is still an option, hedging against Waymo which is too expensive an requires drivers offline as backup.
I'm probably buying more today too... fun reading all this
Zhelko Dimic
Careful bull
She who must be obeyed has approved tapping into HLOC credit, so if this persists for another day, I may bring smallish 6 figure tomorrow and just put on short term options. I did something similar in Feb 2016 (less aggressive though) and it worked beautifully.I just bought bunch of short term options, next week, and the week after*
The way I see it, if deal comes through, I'll make money on these.
If deal doesn't go through, I lose this investment, but I get to keep my 90% of TSLA in registered Canadian plans and participate in future success of Tesla. Otherwise, I would have had to sell them, as RRSP/TFSA/RESP can't hold foreign private equity.
The only real downer is if clarity doesn't come in a week or so, but considering 4 day 8K requirement, I don't think that's probable.
* After learning that we may need to sell 90% of TSLA, wife decreed that I have to make 10% work as if it's 100%, so here, I'm trying
And oy-yoy-yoy, all the trading today, it's going to be a headache to calculate gain/loss etc
This is one of the reasons I hate trading in taxable account.
Zhelko Dimic
Careful bull
Take out of RRSP 10 yearly salaries!?!? Seriously?
EarlyAdopter
Active Member
I believe all the SEC stuff is just noise, meant to sow doubt. How many times now have we heard about some possible SEC investigation in the past, yet nothing has ever come of it.
"...according to two people familiar with the matter."
Who is that exactly, Chanos and Johnson?
The BIG question is who bought all the shares... Musks potential financial partners could buy every single share below 420... Would make the transaction even cheaper for them.
Maybe tomorrow? Doesn't he have 4 days to file (seems I heard that somewhere)? Regardless, Elon had to have his ducks in a row before the Tuesday tweet, so no worries mates!
ZachShahan
Active Member
Sorry, there's actually nothing new here. Just more FUD. Unfortunate to see Dana Hull on the dark side these days. Here's the core text:
Mod: edited to remove copyright content. Zach, you should know better than this. --ggr.
Last edited by a moderator:
davecolene0606
Member
Its like solarcity all over again.
Just "accumulated" 116 more shares
Fire Away!
Just "accumulated" 116 more shares
Fire Away!
This website does NOT work anymore. Look at the table below the graphic.
It leaves out any strikes below 320 in the calculation, so of course calculated max pain is skewed to the upside.
The website doesn't output useful data anymore since several weeks.
I used it for years and it has been reliable.
Not anymore. I have no reliable source for max pain anymore.
She who must be obeyed has approved tapping into HLOC credit, so if this persists for another day, I may bring smallish 6 figure tomorrow and just put on short term options. I did something similar in Feb 2016 (less aggressive though) and it worked beautifully.
And oy-yoy-yoy, all the trading today, it's going to be a headache to calculate gain/loss etc
That's why I trade with one brokerage and let TurboTax figure it out!
Bought some calls for Sept 7th, giving it a month for intentions to solidify. Let's see. First time I have the same bet as SunBird that's for sure haha.
Joe F
Disruption is hard.
Congrats: You beat me by $0.005. Saw the swish down before 2:30 PM and saw the $360 strike movement, so kicked off a trailing stop limit order. Kicked in at $346.83.
In it for the long haul, so adding here just feels right...
EarlyAdopter
Active Member
Back to things that matter. I wonder if the delay could be Tesla doing price discovery with large institutional investors who can't/won't convert to private shares to learn at what buyout price they'd be willing to vote 'yes.' Remember, $420 is an initial offer, subject to shareholder approval.
I'd love to see the 8-K come out with "After consulting with some of our largest shareholders, we've settled on a price of $450 which we feel best meets shareholder expectations. We are confident at this price the vote will be affirmative."
I'd love to see the 8-K come out with "After consulting with some of our largest shareholders, we've settled on a price of $450 which we feel best meets shareholder expectations. We are confident at this price the vote will be affirmative."
yes. that along with what @CuriousSunbird pointed out about people saying that em is lying.
no. he’s not. every time he says something there’s a faction hat says he’s a liar.
aggressive timelines are different than outright lies. and lies that put everything you’ve accomplished in jeopardy, not gonna happen.
“The SEC inquiry is preliminary and won’t necessarily lead to anything more formal”
So... by “intensifying it’s probe”, they mean “nothing changed”.
Funny I have to correct turbotax after direct import each year or pay a ton in undue taxes.
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