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Will TSLA hit $280 by end of March?

Discussion in 'TSLA Investor Discussions' started by DaveT, Mar 6, 2014.

?

Will TSLA hit $280 by end of March?

Poll closed Mar 20, 2014.
  1. Yes

    34.8%
  2. No

    39.7%
  3. I have no idea

    25.5%
  1. DaveT

    DaveT Searcher of green pastures

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    More specifically, will TSLA hit an intraday high of $280.00 or higher between now and the end of March, 2014?

    Note: poll ends on March 20, 2014. Votes are made public for entertainment purposes. Do not base trading or investment decisions on this info as it for purely speculative/fun purposes.
     
  2. sleepyhead

    sleepyhead Active Member

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  3. EnergyMax

    EnergyMax Member

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    Do we think the other major players in the GF will announce their part by then? Or, what will be the catalyst?
     
  4. sleepyhead

    sleepyhead Active Member

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    NHTSA clearance.
     
  5. EnergyMax

    EnergyMax Member

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    Now I'm going to have to find out how long NHTSA takes on average to clear a vehicle!
     
  6. pz1975

    pz1975 Member

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    I vote yes because NHTSA clearance should (finally) happen this month, they may announce a giga factory partner, 6.0 should come out with 'awesome' upgrades and maybe (less likely) a Model X announcement. Also if there is truth to it, technical analysis seems to show a bullish trend. Also the overall sentiment in general for the stock still seems very positive and in a way, that is the most important thing of all.
     
  7. dha

    dha Member

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    I'm having trouble seeing how NHTSA clearance isn't priced in right now as a foregone conclusion. I don't see many people waiting for clearance to buy, except perhaps a small contingent of very stubborn shorts.

    I see the risk being majorly to the downside on this, small as the risk may be. I'd be glad to be proven wrong and see a nice pop when they release the all-clear.
     
  8. sleepyhead

    sleepyhead Active Member

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    It is priced in, but there is so much momentum in this stock that a clean bill from NHTSA would cause another 10% bump just from more momo traders jumping on board; enough to get us to $280. Maybe not all in one day, but over the course of a week or so and we will get there.
     
  9. dha

    dha Member

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    Fair enough.

    What do you see as the top for this run? I do not want to repeat the mistake I made around Q3 and am looking to hedge my stock/leaps with a costless collar at some point in the next few weeks. I believe the market will punish TSLA for lower deliveries in Q1 despite Elon's guidance during the last CC.
     
  10. sleepyhead

    sleepyhead Active Member

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    I really don't know. I think that TSLA is heading to $400 and that it will be a smooth climb from here in a channel. Just look at NFLX chart.

    Maybe it will go down on Q1, maybe it won't. Maybe they deliver 6400 and guide towards 9,000 in Q2 and the stock goes crazy. You never really know what is going to happen.

    I am still running the vast majority of my LEAPS naked.
     
  11. Jonathan Hewitt

    Jonathan Hewitt Active Member

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    I need more TSLA LEAPS!
     
  12. anticitizen13.7

    anticitizen13.7 Enemy of the Status Quo

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    Are there any indications that NHTSA will issue a report soon?
     
  13. bhuwan

    bhuwan Active Member

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    I have no idea but I hope so. I have almost 0 exposure, looking for an entry - I better react because I may not have a chance !!!
     
  14. Familial Rhino

    Familial Rhino Endangerous Herbivore

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    #14 Familial Rhino, Mar 6, 2014
    Last edited: Mar 6, 2014
    I answered yes. On top of a small NHTSA bump, I suspect a bigger push will happen when one of the GF partners turns out to be some big, badass player with lots of cash, like Apple or Samsung or an auto manufacturer (Toyota or Daimler.) Either of those would shut up skeptics and send the stock up, up, up.
     
  15. Robert.Boston

    Robert.Boston Model S VIN P01536

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    I answered "no" but my portfolio is set up to profit handsomely if I'm wrong.
     
  16. AlMc

    AlMc 'Senior Moments' member

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    I do not feel a positive NHTSA ruling alone will get us to $280 in that time frame. It will take something else that I don't see right now to get us there. Apple or Google partnership in factory. Rumor of Google considering buying TM. A couple of the more 'bearish/low ball' price target analysts changing their predictions. It would be there, and more, if Elon's trip with the family occurred in a model X in March...but it is in April.

    Full disclosure: I have lost several bets with my TM friends as I seem to be more cautious in my predictions after the VIN counting Q3 ER debacle.
     
  17. bhuwan

    bhuwan Active Member

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    Also, we aren't 100% certain that the NHSTA will give tesla the all clear., right?
     
  18. ckessel

    ckessel Active Member

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    Yea, enthusiasm can get a bit carried away here. Before the Q4 ER, I remember at least one person claiming there would be a huge GAAP profit and we didn't even get close to that.

    However, $280 is only a little over 10% away. I wouldn't bet against it, though I wouldn't bet for it either.
     
  19. Lump

    Lump Active Member

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    I voted no, if it hits $280 that would make it a double since early January, I feel NHTSA & GF are priced in & might trigger a "sell on the news" situation...I wouldn't complain if it happens just not adding short term.
     
  20. pz1975

    pz1975 Member

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    I think there are way more people looking for a point to get in than get out. That should keep the sideways movement alternating with upward pressure going strong for awhile. Sentiment is as string as ever. I wonder if there were never any fires what TSLA would be trading at now - no way the reaction to the Q3 ER would have been so severe without such negative sentiment.
     

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