-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
Man, this price action is just nuts. Opening down almost $20, soaring up to +3, then back down to -6/7 then back up to close at +3. Even watching the after hours just in the past few minutes it went from -~8 to flat. Almost 17 million in volume for the day. And all of this on no news.
Causalien
Prime 8 ball Oracle
Don't bet the house man.
Fact Checking
Well-Known Member
I presume those puts written are covered, so no house risked?
Chanos's house is fair game though!
Causalien
Prime 8 ball Oracle
EarlyAdopter
Active Member
Yeah, fair point and thanks for following up on why you disagreed. I appreciate that.
What I was trying to say, fractured and in-eloquent as it was, is that the stock price _should_ be controlled by the fundamentals, they are what matter and looking better and better with each passing week, but right now too much is being driven by the narrative, a narrative that Tesla isn't helping shape. A competent PR department would be out there working to steer the message back to the fundamentals. 6k/wk. Gross margin positive on Model 3. GAAP positive for Q3.
When we saw Tesla the company in control of the narrative at the annual shareholders meeting and again at the Q2 earnings call, the stock adjusted upwards accordingly. When Tesla the company is absent, the narrative inevitably devolves to things not related to fundamentals and the stock drops.
Warning, ICE metaphor “Firing on all cylinders”. Don't use it. Tesla is... fully charged? Spinning at top RPM? Delivering full power?
Here’s one. How about:
“Tesla is firing at all cylinders”
????
I'm having trouble wrapping my head around this image & trade.. did you SELL puts here for JAn2020 at 420$ strike at a per share price of 151$?
Bet TSLA
Active Member
Yes. "Doomed for a certain term to walk the night..." There's much more in that scene that seems apropos of recent action around Tesla and TSLA.You know they are just driving those cars around because there are no buyers and the lots to store them are all full
bdy0627
Active Member
I love how Justin Pulitzer sees through the media B.S., and he doesn't even follow Tesla like we do. He focuses on technicals. Take a look at this exchange as someone tries to get him interested in some media FUD about "breaking news" on Tesla:
@LizClaman
Headlines are breaking right now on @Tesla and the stock is moving off its earlier floor. $TSLA asking for rebates from suppliers but says it's got millions in cash on books. @CGasparino w/more in mins, tune in NOW
@JustinPulitzer
Any good CEO should be squeezing suppliers for discounts. $AAPL does it all the time. Why wouldn't $TSLA? Media is so dumb. They should try working in the real world for a bit, might just make them better reporters & people IMHO.
@LizClaman
Headlines are breaking right now on @Tesla and the stock is moving off its earlier floor. $TSLA asking for rebates from suppliers but says it's got millions in cash on books. @CGasparino w/more in mins, tune in NOW
@JustinPulitzer
Any good CEO should be squeezing suppliers for discounts. $AAPL does it all the time. Why wouldn't $TSLA? Media is so dumb. They should try working in the real world for a bit, might just make them better reporters & people IMHO.
Joe F
Disruption is hard.
Yeah, algo. Thanks for the correction. Must get more than 4 hours sleep.
Yes, way way off topic BUT:Tangential anecdote:
I spoke to a woman who had been on a trip to South Africa earlier this year. They went on a safari-type tour with a group of other tourists. One of them, a lady from Chicago apparently, asked what rhinos eat. -"Well, they are herbivores!" -"Yes, but I mean for main course? Look, obviously giraffes can catch birds up there in the treetops for a real meal, but what do rhinos have for dinner?"
That lady seemed a little disorganized in other ways too, I was told.
But maybe the quest for answers is over, eh?
Wow! I’ve had that lady on my tours about a dozen times over the past 25 years!
EarlyAdopter
Active Member
I know I've said this before, but man I love that Pulitzer guy. Someone should give him a prize.
Fact Checking
Well-Known Member
A competent PR department would probably be wise to stay mostly silent at this stage.
The main reason mass media is having a field day at the expense of Tesla is not the lack of message discipline.
I submit it's in large part because GM, Ford and Volkswagen are amongst the top 5 advertisers in almost every market, while Tesla isn't giving a single cent to the media.
So those advertisers are being handled with kid gloves, while Tesla is open season:
- VW possibly killing thousands of asthmatics globally through poison gas emissions? It's not cold blooded murder, fraud and RICO conspiracy for profits, it's a "cheating" scandal as if it was some high school love triangle...
- A single Tesla catching fire? Days long news cycle. Tesla CEO under stress to save the planet? Not a hero but an addict, unstable, unfit!
dgodfrey
Member
It does seem so obvious now after these last two weeks. Unfortunately, this isn't the first time this "force shield" to protect Tesla's best interest should have been deployed. It may be a twitter worthy request that shouldn't hit Elon quite as offensively as Arianna's letter. Although, it should be the boards doing, after all, who took the brunt of it this time but the shareholders.
I do have to ask though, does such a position exist for the competition? I suppose they've never needed one quite like Tesla does though.
bdy0627
Active Member
Others here noticed this as well. Hmm.....
Option_Sniper @option_snipper
$tsla something is not right here (but good thing). weeklies super super expensive and ups and downs can kill premiums fast. Sep21 350c now @ 5.63 good to consider.
Option_Sniper @option_snipper
$tsla something is not right here (but good thing). weeklies super super expensive and ups and downs can kill premiums fast. Sep21 350c now @ 5.63 good to consider.
yeah and they know before anyone else about how bad they are getting busted up by model 3 sales right now, so better to make tesla look as dumb and desperate as possible so when they step up next qtr, they only look half as assed as they are for lagging behind for years
I didn't see this posted yet: Stuart D. Meissner Esq. on Twitter
Video of the lawyer for the two "whistleblowers" on fox business this morning. I won't trash the guy, so I'll just say I took his performance as a positive piece of news for the company. And I'm long TSLA.
Video of the lawyer for the two "whistleblowers" on fox business this morning. I won't trash the guy, so I'll just say I took his performance as a positive piece of news for the company. And I'm long TSLA
.
Fact Checking
Well-Known Member
I more than doubled my long position after the market reopened after the tweet, so I have a lot at $360+. However I don’t feel like an idiot. Had I waited, I would probably not bought as much as I had (yeah, makes no sense, but then I never said I was logical). At any rate, I feel fine and will just ride it out for the next several years. I have little doubt I’ll make money.
- Status
Similar threads
- Locked
- Locked
- Locked
- Poll
