Tesla 2020

vanzandt said:
Well, I knew it was gonna drop, but its at $412 now. Didn't think it would go that low in one day. Oh well.

See what so many here miss is that TSLA does the EXACT OPPOSITE of what most people think it will do.

All day long yesterday I'm reading threads here about how the split will make it go up since more folks can buy it. "History has shown every great stock that splits always goes up after the split."
There's certainly a high degree of truth to that. But this is TSLA. It always moves to take the most amount of money from the most people.
Does anyone here really think damn near every short didn't bail out before the split?
Of course they did!
What no more shorts?
Then there's only one direction it can go.
Down.
Rinse wash repeat.

EDIT: In the time it took me to write that it went from 405 to 427.
.... ya gotta love this stock. :cool:
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Don't mean to disagree with another Tsla believer, but Tsla opened post split at 437 and hit 538, a $101 gain in 24h. If that's not going up after the split, I don't know what is.
Clearly everyone was drinking the cool-aid and ptsd is rushing reality back to the share price. But expect a similar rush to nirvana next week building up to guru Musk speaking to his flock. I'm ready!
 
destriero said:
TSLA down 5% AH. Tech down 0.5% on average. wheeeeee!
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Electricity comes from the plug. Free energy for everyone who knows nothing.


TSLA stock price makes no sense.

P.S. Don't you just dig that 60 hz hum? Analog music, man.
 
vanzandt said:
See what so many here miss is that TSLA does the EXACT OPPOSITE of what most people think it will do.

All day long yesterday I'm reading threads here about how the split will make it go up since more folks can buy it. "History has shown every great stock that splits always goes up after the split."

There's certainly a high degree of truth to that. But this is TSLA.

It always moves to take the most amount of money from the most people.

Does anyone here really think damn near every short didn't bail out before the split?
Of course they did!

What no more shorts?

Then there's only one direction it can go.

Down.

Rinse wash repeat.

:cool:
More...

Emphasis on original post mine.

$330
:rolleyes:
 
Could someone explain what would happen if the stock (during regular trading hours) were to have hit $329.99. It did after hours. What would have happened in the option market??
 
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