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I almost want to short it now because of this video
This is a win. Goldman sachs part got me. GG. hahahah.
For some reason, the Hitler video meme never gets old to me.
Great movie too
It's Whitehat.
Whoa wait, I just realized an electric car can't have a super or turbocharger.
Is there an equivalent?
What will kids strap to their 2018 Tesla Model Civics after they've got a body kit?
See, I don't get why people short things on an uptrend. I fell for that trap once on SCOK in 2010 (just look at the chart.. it went absolutely insane). I didn't get wiped out but I had to jump because I got in too low. And what do you know.. it crashes. Of course.
http://www.barchart.com/chart.php?sym=SCOK&style=technical&template=&p=…
Now look at the chart- I'm in around $38 (~100 shares, maybe 150) near the start of March '10. It goes to 40 in what seemed like a matter of minutes, so I jumped out. $300 loss. I would've lost another $1000-1500 if I stayed in until it hit $50 that day. $55 might've been the day's high, was the week's high. Anyone who got in when it started the collapse got the best price, even if it was 5-10% below it's peak. I'd love to have shorted at $45 and rode it down to $30. It's all about riding the wave.. and catching the spike too early is dangerous.
Anyway, TSLA could have another few months of steam. NFLX and AMZN have went insane in the past, staying way overpriced for 3-6 months without a reasonable drop. TSLA is a NFLX.
TSLA is a Jan 14 130 Puts kind of pay.
Water-cool it. Just like computers. (srs.).
"SinoCoking Coal and Coke Chemical Industries, Inc. operates as a coal and coke producer in the Peoples Republic of China."
...."coal and coke producer"
What the fuck?
Also, if it makes you feel better, I'm down $3K in SSNI and my net worth is probably significantly lower than yours. I'm paying 40 cents a day for margin though, so fuck it, Imma wait it out. That shit's going up.
This is brilliant.....and also how I percieve the thought process of everyone on the other side of this trade.
Thanks for sharing!
Awesome
very confusing if you speak German (as subtitles don't match on memes) but so funny!!!
That was awesome. So the Nasdaq is down 2% on the day, almost everything is bleeding red, and TSLA is a few cents green on the day. Amazing relative strength. Only in hindsight is it obvious when to short story stocks.
I learned this in finance 101--stocks only have tangible value because of the belief of a future dividend. You can run all the P/E scenarios you want, but at the end of the day, there is more demand for Tesla stock than supply and nobody who is buying it expects any kind of a dividend this century. The stock isn't "over valued", "under valued" or "priced right"--the demand for Tesla stock far exceeds supply, and that's why it's priced where it's priced. You can't make rational, logical arguments against stocks like this one. People have no business short-selling a "story" stock-- it's a fool's errand. Only hindsight will show you what the right short position will be.
And one thing you can bet your bottom dollar on--this stock doesn't ever fall because people think it's "over valued"--it's going to take a negative financial report, scandal, major recall, missed production or sales targets, etc. to start pushing the price significantly lower.
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