TSLA Market Action: 2018 Investor Roundtable

[Krugerrand]

Ok, my puppy avatar....1 minute to the bell...

Y’all think puppies got the magic market touch? Humans.

 

[JollyRoger]

Well that opening was painful to watch.

I guess that's the Trump effect!

I would be pleasantly surprised if the stock is up ad the end of close, good time to buy I guess!!

MERRY CHRISTMAS!!

 

[HG Wells]

Market must be expecting sales of model 3 to be down or static.
I think production is up, deliveries up, but will have more in inventory.

IE They see cars are available for immediate delivery and assume demand is down.

 

[saniflash]

Market must be expecting sales of model 3 to be down or static.
I think production is up, deliveries up, but will have more in inventory.

IE They see cars are available for immediate delivery and assume demand is down.

Also, if you watch Bloomberg, the reduction of prices in China for the M3 is interpreted as a signal that demand is down in China.

 

[tivoboy]

Wonder if these radically different numbers for how far down the market is, are being caused by our presidents russian buddy hackers farm ?
Still Tesla is down 8 in premarket.

Nah these are OUR computers.

 

[Cherry Wine]

Nah these are OUR computers.

Where we headed tivo?

 

[anthonyj]

Lol $296. Almost $100 down

 

[Leo9]

We could see capitulation today.

 

[Krugerrand]

Also, if you watch Bloomberg, the reduction of prices in China for the M3 is interpreted as a signal that demand is down in China.

Agreed. That’s the impression given.

On a more important note; if you just changed that ‘a’ to a ‘u’ my childhood memory would be complete.

 

[Tslynk67]

Where we headed tivo?

 

[tivoboy]

Where we headed tivo?

Lower.

I know I said 29x was coming but it’s not my buy number. I hate to say it but 278$ is my current bogey. I MAY start to nibble once we enter 289. 292$ will probably provide some mild support for a small entry.

Still interested in getting long but high PE is getting slammed here. It’s not macro it’s positioning. We probably won’t see any relief this week. Thin trading is easily manipulated.

 

[Krugerrand]

We could see capitulation today.

Could? Why the hedge?

 

[lklundin]

Lower.

I know I said 29x was coming but it’s not my buy number. I hate to say it but 278$ is my current bogey. I MAY start to nibble once we enter 289. 292$ will probably provide some mild support for a small entry.

Still interested in getting long but high PE is getting slammed here. It’s not macro it’s positioning. We probably won’t see any relief this week. Thin trading is easily manipulated.

I guess the next stories of bankruptcy triggered by margin calls will be from overexposed longs.

Just in time for Christmas...

 

[tivoboy]

We could see capitulation today.

Technically we can’t really see capitulation on low volume. It’s about the humans not the computers.

 

[Causalien]

Thanks trump. No santa rally this year at all.

 

[Cherry Wine]

Lower.

I know I said 29x was coming but it’s not my buy number. I hate to say it but 278$ is my current bogey. I MAY start to nibble once we enter 289. 292$ will probably provide some mild support for a small entry.

Still interested in getting long but high PE is getting slammed here. It’s not macro it’s positioning. We probably won’t see any relief this week. Thin trading is easily manipulated.

You still like 370/350/340 strikes for Q4?

 

[ggr]

Some support at $300, we'll have to wait to see if it holds. I think the shorts will see an opportunity and hit it hard.

 

[elasalle]

Added Jan 21 calls in 400-450 range

 

[bobinfla]

Market must be expecting sales of model 3 to be down or static.
I think production is up, deliveries up, but will have more in inventory.

IE They see cars are available for immediate delivery and assume demand is down.

I am not even going to try to guess what the Market thinks, I don't think it matters at this point in time. There is no news or forecasting that sent TSLA down 20% in a little over a week, this is pure manipulation. Someone is making lots of money because of this drop, and someone will make lots of money when it heads back up. Unfortunately, that someone isn't me.

 

[Right_Said_Fred]

This drop is probably amplified by the market makers dumping the stock they bought on Friday to shore up SP.