bro. sell condors for the expected move.Barty said:Yup. I did. Should hit all time highs tomorrow.McInnis 03 said:
Did anyone PUT TWTR for earnings tomorrow am?
IMO opinion it will get a good bump on the news of being added but I'd take my profits into that bump. FTR, I'm not in TSLA, too much risk for my taste at those prices.pacecar02 said:
so you think the move for TSLA is baked in, makes sense
I wonder how this bodes for those funds that loved shorting it, gonna have to find a new game
Helpful. I'm thinking the addition was already baked into the price, and there was a portion of investors hoping for a $2,000 moonshot that failed to materialize that will dump tomorrow, which is a long way of saying I'm expecting a small pull back tomorrow to $1,550.Prognightmare said:IMO opinion it will get a good bump on the news of being added but I'd take my profits into that bump. FTR, I'm not in TSLA, too much risk for my taste at those prices.pacecar02 said:
so you think the move for TSLA is baked in, makes sense
I wonder how this bodes for those funds that loved shorting it, gonna have to find a new game
I wouldn't bet on that. The announcement didn't come today, but I think we all agree that it is coming. That alone will prevent much of a drop and I can see Robinhood traders buying on any hint of weakness. Those guys "have it all figured out". It's a cult stock right now. The only thing those guys are missing are black jumpsuits, kool-aid and waiting for the UFO in a comet's tail to take them to a higher dimension.Fireman said:Helpful. I'm thinking the addition was already baked into the price, and there was a portion of investors hoping for a $2,000 moonshot that failed to materialize that will dump tomorrow, which is a long way of saying I'm expecting a small pull back tomorrow to $1,550.Prognightmare said:IMO opinion it will get a good bump on the news of being added but I'd take my profits into that bump. FTR, I'm not in TSLA, too much risk for my taste at those prices.pacecar02 said:
so you think the move for TSLA is baked in, makes sense
I wonder how this bodes for those funds that loved shorting it, gonna have to find a new game
Quote:
Tesla Gets $1.1B Tax Break Approval From Travis County, Texas
7:18 am ET July 15, 2020 (Benzinga)
The Cybertruck is Tesla Inc's (NASDAQ: TSLA) most polarizing vehicle to date. The company is looking for the perfect place to build a new factory to manufacture the futuristic pickup, and it has approved for huge tax breaks in Travis County, Texas, according to CNBC.
After having the Fremont factory shut down due to the COVID-19 pandemic, Elon Musk went on a rant, complaining of the factory's location. He then talked about new factory locations, specifically in Texas. This lead to the hunt for a new factory, with benefits, to build the Cybertruck.
See Also: Elon Musk To Bring Tesla Cybertruck On Cross-Country Drive
The spot where Tesla would build the factory is known as the Austin Green development. Tesla still has to actually purchase the land, but now the company knows the benefits of building in Travis County, and other spots in the country that want Tesla's factory can decide what offers they would like to give.
I do find it a little funny that in the land of oil, we have an all electric vehicle factory now...tailgatetimer10 said:
Might as well add the statesman article:
https://www.statesman.com/business/20200722/tesla-picks-austin-for-1-billion-auto-factory
Big news for Austin. Thank god it's in the southeast, this area needs development bad.
Prognightmare said:China said they would retaliate. I believe the market is waiting to see what their retaliation might be.gig em 02 said:Assuming the burning documents is true, I am really surprised at the way the market has acted today. I guess we have to wait until tonight's earnings for the big moves.Prognightmare said:
I know not everyone ventures to F16 very much, but the thread "War with China" is a good read and really informative if you're interested.
It would definitely hurt world markets.
Not posting this for debate on this thread, just letting you guys know.
ETA: It would be a Chinalike move to announce something after the close that would put pressure on the futures and stoke fear in investors not being able to sell their positions.
Went to Nasdaq website, 2020 estimated P/E ratio for Tesla is -2959. 2021 is 230.$30,000 Millionaire said:
looks like TSLA starting to lose momentum.
that is super brave. I might be willing to do some bull puts tomorrow and Friday.Fireman said:
Yep - certainly no big bets on $TSLA.....just too risky. I've got a single $1,675 put that expires on Friday that I'm trying to decide what to do with. Thanks again for the color.
gig em 02 said:
PFE with the Trump pump
khaos288 said:gig em 02 said:
PFE with the Trump pump
What happened?
Quote:
*Pfizer Shares Spike To After-Hours High Following Mention By Trump At Daily Briefing, Called Pfizer 'A Winner' Following Wed. Vaccine News With BioNTech; BioNTech Shares Quiet
Benzinga
Prognightmare said:khaos288 said:gig em 02 said:
PFE with the Trump pump
What happened?Quote:
*Pfizer Shares Spike To After-Hours High Following Mention By Trump At Daily Briefing, Called Pfizer 'A Winner' Following Wed. Vaccine News With BioNTech; BioNTech Shares Quiet
Benzinga
Good Lord, stuff like this is going to crush a lot of small investors/traders.Quote:
ARK Invest Analyst Discusses Tesla's Path To $15,000 Share Price
6:22 pm ET July 22, 2020 (Benzinga)
ARK Invest analyst Tasha Keeney joined Benzinga's PreMarket Prep on Wednesday to discuss her bullish take on Tesla Inc (NASDAQ: TSLA), what she's looking for in today's earnings report and why ridehailing is an important opportunity for the company.
Long-Term Outlook: Tesla shares are up 126% since CEO Elon Musk tweeted, "Tesla stock price is too high imo" on May 1. While some investors focus on Tesla's fundamental numbers, Keeney said ARK is concerned more with Tesla's long-term story.
"We are certainly wondering if we will get an update on Texas--their plans there for production. My latest work on Tesla has to do with ridehailing. Tesla said that they could launch a ridehailing network ahead of solving for full autonomy," Kenney said.
Keeney said now would be a great time for Tesla to launch a ridehailing service to compete directly with Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT).
Watch to the full interview with Tasha Keeney in the clip below.
<
Musk has previously said Tesla would have more than one million robotaxis on the road by the end of 2020.
"I think they have a lot of competitive advantages to do it, so any update on the network would be awesome," Kenney said.
Ignore The Numbers: Keeney said analysts are also expecting auto gross margins in the neighborhood of 24%.
Reading your post above, immediately after reading the post directly above yours...TecRecAg said:
I did too. Small position
Couldn't have really timed those two non related responses any better.Quote:Quote:DOESNT MATTER. HAD SEX.Quote:
also saw this. I was surprised at the EPS, but this is LOL. I'm not saying Tesla shouldn't be viewed as an innovator or growth stock, but it is over valued.