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TSLA showing cracks? TSLA showing cracks?

06-06-2018 , 12:47 PM
There was a bullish analyst upgrade. But most of all, fake news headlines of "Tesla are producing 3500 cars/week".

This is a pretty hilarious short squeeze. There would be some flummoxed bears out there today down big $$.
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06-06-2018 , 02:52 PM
I can't even think of another big name company that deserves to be shorted more (NFLX for overvaluation but they don't constantly lie), but I am enjoying the bull/bears drama.
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06-06-2018 , 03:19 PM
Im down a lot today, but not even remotely shook.


I definitely have no idea what would cause a rally like this though, i mean short squeeze is only answer but why? What possibly could have caused it?
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06-06-2018 , 03:37 PM
huh, so there was like a twelve percent bounce immediately after TS declares PEAK CUCK. Interesting.
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06-06-2018 , 03:40 PM
Quote:
Originally Posted by syndr0me
Im down a lot today, but not even remotely shook.


I definitely have no idea what would cause a rally like this though, i mean short squeeze is only answer but why? What possibly could have caused it?
This, basically:
Quote:
Originally Posted by ToothSayer
Stock was up 1% after hours. As usual, the fake news strikes, for example, The Verge:

None of this was said. Tesla is not making 3500 cars per week.

"Demonstrated a 500 cars per day capability" is the actual quote. Which means they are making far less than 3500/week.
A combination of fake news, a strong market breaking through all time highs, and a short squeeze. Tesla has done it heaps of times in the past.

Most people who invest in Tesla don't watch it closely, they get their news from headlines. "Tesla are producing 3500/week, on track for 5000/week at the end of the month, no more capital raises needed" were the headlines.
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06-06-2018 , 03:43 PM
Quote:
Originally Posted by SenorKeeed
huh, so there was like a twelve percent bounce immediately after TS declares PEAK CUCK. Interesting.
Given how it was being reported, I didn't think it would be bad for the stock. The fake news was bullish

It is definitely peak cuck though. When even Hollywood gossip reporters are mocking you (and providing inside information about how your company is a certain bankruptcy), when you're crying on stage at your shareholder meeting, when you look like you've been beaten by your father, yeah, you've got to be near the peak of absurdity.



Again, these are renowned Hollywood gossip reporters known for their inside scoops, not financial press.
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06-06-2018 , 04:03 PM
Such a trainwreck, can't believe its up today. He's gonna kill himself before admitting TSLA is toast
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06-06-2018 , 04:09 PM
Oh man, "renowned Hollywood gossip reporters" are bearish on Tesla now? You know the end is near when renowned Hollywood gossip reporters are on the case!
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06-06-2018 , 04:14 PM
ahahahahah that's on some random website called "Crazy days and crazy nights", which, uh, doesn't seem like a particularly credible source man

http://www.crazydaysandnights.net/20...-item-7_6.html
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06-06-2018 , 04:14 PM
Quote:
Originally Posted by SenorKeeed
You know the end is near when renowned Hollywood gossip reporters are on the case!
You're confusing your terms.

Peak cuck: CEO crying on stage at an investor meeting, looking dejected and deflated, getting mocked by even Hollywood reporters on hilarious sites because you're such a transparently fraudulent loser.

End is near: Burned through billions and now deep in negative working capital, being sued for fraudulent representations, apparently unable to raise money because of an active SEC investigation, everything they own mortgaged including forward leases, bonds showing high default risk, losing $15K on every car they sell as they ramp, being turned down by every investment house you visit for more cash.

They're different things. Thanks for playing!
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06-06-2018 , 04:14 PM
Quote:
Originally Posted by SenorKeeed
Oh man, "renowned Hollywood gossip reporters" are bearish on Tesla now? You know the end is near when renowned Hollywood gossip reporters are on the case!
FWIW, it's from the site run by that anonymous entertainment lawyer who is deep in with Hollywood and other celebs that broke the stories about Spacey, Weinstein, and Lauer well before the media did. He has a remarkable track record.
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06-06-2018 , 04:18 PM
Quote:
Originally Posted by ToothSayer
You're confusing your terms.

Peak cuck: CEO crying on stage at an investor meeting, looking dejected and deflated, getting mocked by even Hollywood reporters on hilarious sites because you're such a transparently fraudulent loser.

End is near: Burned through billions and now deep in negative working capital, being sued for fraudulent representations, apparently unable to raise money because of an active SEC investigation, everything they own mortgaged including forward leases, bonds showing high default risk, losing $15K on every car they sell as they ramp, being turned down by every investment house you visit for more cash.

They're different things. Thanks for playing!
Yeah man, never claimed to be an expert on cucks like yourself
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06-06-2018 , 04:21 PM
Quote:
Originally Posted by Mori****a System
FWIW, it's from the site run by that anonymous entertainment lawyer who is deep in with Hollywood and other celebs that broke the stories about Spacey, Weinstein, and Lauer well before the media did. He has a remarkable track record.
Don't tap the glass.
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06-06-2018 , 04:22 PM
Quote:
Originally Posted by ToothSayer
Don't tap the glass.
Occasionally I can't help myself
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06-06-2018 , 04:58 PM
Quote:
Originally Posted by syndr0me
Im down a lot today, but not even remotely shook.


I definitely have no idea what would cause a rally like this though, i mean short squeeze is only answer but why? What possibly could have caused it?
Musk said Q3 and Q4 will be GAAP and cashflow positive for Tesla. Laso, Musk survived two shareholder votes. That might cause this rally.

Last edited by BoterSmoter; 06-06-2018 at 05:06 PM.
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06-07-2018 , 09:25 AM
Jonas (big Tesla bull since the beginning, huge credibility among bulls, one of the major pumpers of Tesla over the years) just called Musk a liar:

Quote:
Morgan Stanley doesn't see Tesla making 5,000 Model 3s per week until next year
09:14 EDT Morgan Stanley analyst Adam Jonas thinks the move up in Tesla shares that added $5B to the company's market cap yesterday following the company's shareholder meeting is more of a reflection on bearish investor positioning than truly incremental data on fundamentals. CEO Elon Musk said at the meeting that it is "quite likely" Tesla will achieve Model 3 production of 5,000 per week by early July, but Jonas said he does not expect a 5,000/week production run-rate before the first half of fiscal 2019. In other words, "Tesla's CEO is saying that it is likely the company can achieve 5k per week one year ahead of our expectations," Jonas wrote in his note to investors. The analyst maintains his Equal Weight rating and $291 price target on Tesla shares.
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06-07-2018 , 09:55 AM
Man, this squeeze is one of the best short ass-rapings of all time. I'm laughing my head off.

Major covering seems to be happening though, good time for puts here at $327. Mix of this week and 2 week imo. Maybe 30% risk of major loss, not a sure thing, but pretty +EV.
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06-07-2018 , 10:40 AM
I had sad earlier in the thread I would wait til it gets back to 320, so there we are! Sell the rumor, buy the news!
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06-07-2018 , 10:53 AM
Quote:
Originally Posted by ToothSayer
Major covering seems to be happening though, good time for puts here at $327. Mix of this week and 2 week imo. Maybe 30% risk of major loss, not a sure thing, but pretty +EV.
Out of the weeklies for 175% net profit at $318.80 here. Holding the two week still.
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06-07-2018 , 10:55 AM
Let's laugh at bears we basically have spent hundreds of posts agreeing with one way or another especially when we recommend a year long short at $350, heh so funny.
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06-07-2018 , 11:56 AM
Quote:
Originally Posted by ASAP17
Let's laugh at bears we basically have spent hundreds of posts agreeing with one way or another especially when we recommend a year long short at $350, heh so funny.
Stupid cuck:

1. Yes it's hilarious, I advised against shorting and sold puts at $260 and it's not the first time I've advised against shorting before it ripped. I play this long and short, even though the long term is a zero. I'm not to blame for rips, especially when I warn people.

- What is the price now? It's below $350, so they are nicely in the green in an up market. You're bagging me for a call that's 10% in the green? lol? It's also not a year yet...by November this is going to be pretty ugly for the longs

- Where you one of the bears? Lol

- I just made another great real time trade for 175% profit in less than an hour. My trade before that a few weeks ago was selling puts for 100% profit. I understand Tesla and how to trade it better than most. Just because I'm a long term bear doesn't mean I get caught with my pants down shhorting.

Trying to frame this as me being anything other than both awesome and helpful and correct is hilarious.
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06-07-2018 , 11:59 AM
Quote:
Originally Posted by ToothSayer
Stupid cuck:

1. Yes it's hilarious, I advised against shorting and sold puts at $260 and it's not the first time I've advised against shorting before it ripped. I play this long and short, even though the long term is a zero. I'm not to blame for rips, especially when I warn people.

- What is the price now? It's below $350, so they are nicely in the green in an up market. It's also not a year yet...by November this is going to be pretty ugly for the longs

- Where you one of the bears? Lol

- I just made another great real time trade for 175% profit in less than an hour. My trade before that a few weeks ago was selling puts for 100% profit. I understand Tesla and how to trade it better than most. Just because I'm a long term bear doesn't mean I get caught with my pants down shhorting.

Trying to frame this as me being anything other than both awesome and helpful and correct is hilarious.
So wait, you claim something is a year long slam dunk short and yet you have no skin outside of short term plays? Just wanted to clarify...
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06-07-2018 , 12:01 PM
Quote:
Originally Posted by ASAP17
So wait, you claim something is a year long slam dunk short and yet you have no skin outside of short term plays? Just wanted to clarify...
I have been consistently clear that I trade short term options (usually weekly, up to a few weeks) and nothing else. What more do you want?

I trade short term options because the return is higher with far lower risk for the same carrying cost.
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06-07-2018 , 12:06 PM
Quote:
Originally Posted by ToothSayer
I have been consistently clear that I trade short term options (usually weekly, up to a few weeks) and nothing else. What more do you want?

I trade short term options because the return is higher with far lower risk for the same carrying cost.
OK so next time you make a longer term call we all know it's just words, gotcha thanks.
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06-07-2018 , 12:08 PM
Quote:
Originally Posted by ASAP17


OK so next time you make a longer term call we all know it's just words, gotcha thanks.
"We" already all knew. How many times I have said "I don't short, I trade short term options"? At least 5, sometimes with the actual short recommendations. I'm very clear I don't have skin in the long term game. There's far more money and lower risk in options.
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