Strong start, fade away. The Market.
Fixed that for ya!
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Strong start, fade away. The Market.
Uh, I would caution at looking at a 12 month chart when trying to find these levels for current trading. A six month would be much better, but a 15 day is going to be your friend.Resistance, show me where ?! It looks like Falcon 9 to me.... but maybe at $360
View attachment 348125
There are lots of truck owners who don't support Trump, don't have oversize mud tires, don't roll coal, and who are interested in technology.
Shorts and PR network are defending the bond conversion point. If Tsla goes past it and sustains, squeeze gains higher probability.I think the only thing deepening here is coming from the hindquarters of a large mammal.
Shorts and PR network are defending the bond conversion point
You didn't happen to have BREAD with lunch, did you?I sold a hundred @340, was planning to buy back tomorrow during MMD -- just a daily play to have some fun (my core shares are kept safe), never thought it would dip today, so I missed this opportunity... Just came back from lunch and its already recovered. Oh well, I hope the shorts bring me a good MMD tomorrow...
Shorts and PR network are defending the bond conversion point. If Tsla goes past it and sustains, squeeze gains higher probability.
The question is, what cash on hand impact would be implied if bonds (2019) coming due convert over to shares?
Ahaha, not quite. His response to my comment on Aug 16 showed the mis-information he's been fed by the main-stream financial media. He didn't even know that Tesla has offered to open the Supercharger Network to competitors:
View attachment 348050
Robert Bollinger > Artful Dodger • 2 months ago
"They aren't open to other brands sharing their network as far as I know. I'll try tweeting Elon and see if he responds!"
This is a fine example of the type of Propagada War we are fighting here on TMC. Proud to be part of the Fight for Green.
Cheers!
Netflix is starting to look more like a good buy ATM
Don't you just luv gettin' away from it allTesla should do great in the southwest where a lot of people tow heavy trailers and toy haulers every weekend, once word gets out it will out haul their current vehicle.. These are the people with $$
I don't understand the fixation on the bond conversion point ($360). If Tesla wanted to pay off those bonds in stock rather than cash but the share price was lower than the $360 conversion price they aren't screwed because they could simply do a capital raise at whatever price it's at and use those funds to pay off the bonds.
If the share price is at $360 and the $920 mil bonds convert to shares, that's 2.55 million new shares of ownership dilution.
But if the share price languishes at $335 Tesla, could simply sell 2.75 million new shares at that price to raise the $920 million and pay off the bonds. So we're talking about a difference of 200,000 shares in dilution - hardly a big deal - Tesla issues more shares than that in stock based compensation all the time.
Arguably worse would be if the share price goes higher than $360 because then the bond holders would be getting ownership in the company for below market rates.
So the best scenario with regards to these bonds, is that the share price sits at about $360 until the bonds convert. A little lower is fine but adds the hassle of an elective rather than automatic capitol raise. A little higher hands out ownership in the company for below market value.
you're referring to the 920M for next March, at 360$ and not the 240M due in Nov 2018 at 560$?Shorts and PR network are defending the bond conversion point. If Tsla goes past it and sustains, squeeze gains higher probability.
The question is, what cash on hand impact would be implied if bonds (2019) coming due convert over to shares?
Certainly not and again, they're paying in cashWell if they are converting the bonds into shares, then TESLA would need to pay more money?
I don't understand the fixation on the bond conversion point ($360). If Tesla wanted to pay off those bonds in stock rather than cash but the share price was lower than the $360 conversion price they aren't screwed because they could simply do a capital raise at whatever price it's at and use those funds to pay off the bonds.
If the share price is at $360 and the $920 mil bonds convert to shares, that's 2.55 million new shares of ownership dilution.
But if the share price languishes at $335 Tesla, could simply sell 2.75 million new shares at that price to raise the $920 million and pay off the bonds. So we're talking about a difference of 200,000 shares in dilution - hardly a big deal - Tesla issues more shares than that in stock based compensation all the time.
Arguably worse would be if the share price goes higher than $360 because then the bond holders would be getting ownership in the company for below market rates.
So the best scenario with regards to these bonds, is that the share price sits at about $360 until the bonds convert. A little lower is fine but adds the hassle of an elective rather than automatic capitol raise. A little higher hands out ownership in the company for below market value.
Certainly not and again, they're paying in cash