Tesla in Nov 1 2017

A funny response at SA from PiccardMade Off:

" what you are missing is simple math, which is similar to "stepped exponential" math only different. IF Tesla manages to increase their Gross margin from 18% to 25% they will continue to lose money. Yes, this is fact even if they double their current production. Now, IF you invoke Stepped Exponential Cocktail Math aka SECM it is obvious that Tesla will need a cash infusion of around $4billion to get through 3Q18 as there are no profits on cash bleed as described in the SECM handbook. But that will lead to more leverage on the books and the fundamentals of SECM dictate that the game will end as no one will lend to Tesla at this point."
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Tesla is not a value play but a momentum play. Stock might drop to to 260 but I doubt it, 280$ more likely but it already looks stable at 300$. It will start going up as fantasy returns and the results drop in the background.
 
I expect the stock to drop $15 after the usually disappointing earnings, but after about 2 days it should be back to $320ish, because again, the semi reveal is coming.

It was a bit slower than I expected, but it is back to $310+ with his usual tweet:

"Tesla Semi Truck unveil to be webcast live on Thursday at 8pm! This will blow your mind clear out of your skull and into an alternate dimension. Just need to find my portal gun ..."

It needs to stay above $305 for my IC...
 
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