That was mentioned last week. I can feel it. The interesting thing is Tesla may not even hold triple digits when all is said and done. Byeeeeeeee Elon. You should have stayed humble at least then you would be respected. When you become a manipulator or crypto and then trying to do the same elsewhere I just call you a J&&$&@&. I did like how you played with the SEC a few years ago but you kinda crossed that line when you start screwing with the innocent kids buying garbage crypto.
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Downgrading Tesla to the 5s this week.. :) Count on it so if you are long, well... careful.
Geez, you're blinded by your hate. I dare you to short! They are basically sold out a year ahead and will be for the next decade, swimming in cash, legacy car brands are head over heals into debt and will take years to ramp up, impossible to even get close to TSLA sales numbers in the next 3-5 years. The likes of BMW, Ford, GM etc are on the brink of bankruptcy. You think Gov's are gonna bail them out when they are handing out B$ in subsidies to new EV buyers and pushing hard to build charging stations (at petrol station). + ramping up production in 2 more Giga factories. Basically, ICE is dead and sales numbers proof it. twitter.com/WholeMarsBlog/status/1528809870828261376/photo/1
@Original_Stock_Whisperer, The joke is on you. It's all in the numbers and that's what counts in the end, the rest is noise. Stock manipulation+general bad general market conditions is where we are at. Smart money is buying the opportunity. ARK invest bought 17M$ so far this week. As usual shorts will get burned and lose billions...again.
Original_Stock_Whisperer
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@Morphy101, Youre as clueless as they come. Like I said good luck in bankruptcy court. Go buy your Elon shirt. I laugh at you..
Heastyh
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Show screenshot of your short position! I’ll be buying your shares
biasedsenpai
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No disagreement here except for the stock price. People still love buying his cars and he has the sales numbers to prove it. With gas prices as high as they are, Teslas popularity will soar this year, and yes I loaded up on some tesla calls today ;)
Original_Stock_Whisperer
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@biasedsenpai, I sure hope you know when to cut it and walk away.
biasedsenpai
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@Original_Stock_Whisperer, I don't usually put a stop (I prefer manual stops) but I remember to always keep one for tesla because one tweet from him can flip the chart upside down overnight. I don't think we will break 6 any time soon but if we do I would just average down. I don't see this going lower than 570 in the short or medium term and I don't think it will break 6 either. Unless things come apart completely in the next day or two from the looks of it stocks are in recovery mode....slow but its happening.
On a side note do you remember that TSLA play you posted for earnings back in April that I sold for 150% profit? That option ended up going 10x for the price I bought it a bit later. I still pinch myself for it sometimes but that would've been game changing for me...
Original_Stock_Whisperer
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@biasedsenpai, But you made on it. I got out of one of mine to early too. I left a bunch on the table on my Tandem short. What can ya do. It sucks but...
As for Tesla. Tesla is lucky if it stays in the triple digits. Tesla is 10000 percent breaking 200 in the coming months and I think 5 will be here sooner than you think. Just be careful where you average down.
biasedsenpai
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@Original_Stock_Whisperer, I've left a lot on the table in the past month. Market is so volatile I'm taking profits early, sometimes too early because I don't want it to go against me in a market that's just swinging back and forth. We're getting 10-15 point fluctuations almost daily. Sometimes 20 points.
I feel like I got in at a good price with these TSLA calls but if they approach my buy in price I will probably dump them because a break below 620 could most likely bring the high 500s.
I'm counting on a recovery to at least 420 for SPY. We have a lot of gaps to fill above us and it looks like sellers are exhausted. 8 weeks of selling it looks like they can't really push it down any further for now so it's just consolidating. Consolidating will help build support and bring in new buyers, shorts will start to cover, etc. Next decent short opportunity will bring itself above 420.