I'm familiar with the Tesla story. I have one in my garage . And the direct sales model wasn't really a problem when I bought the car. You technically have to buy the car online and trade ins aren't really great either since they have to partner up with Autonation and Autonation sucks on trade in value. I think sales are down because there isn't insane demand for an expensive and somewhat unpractical car. The people who wanted a Tesla already bought one and there isn't too much of a reason to upgrade to a new "model year". Also, Tesla is behind on their build out of the supercharger network too, but that doesn't really matter too much....just a complaint of mine. I was just soliciting opinions for the short term and chart. Just wanted to see what other people thought about the downside here. To me it looks like it is pushing momentum stock breakdown territory, but there is a lot of support in the 200-210 range too.
Robbie, Hello. I was going to do a trigger trade. If it broke 213.79 then I was going to go with some 215 or 220 puts for a drop into the 196-->178 area. I haven't decided on the expiration yet. But that is my thinking. I may be a few dollars off on my trigger, but it's in that area.
not only is it sensitive to news..every time musk gets on cnbc and says something usually it dumps $15 for the day.. I love it when he says "stock is very high right now."
I've got the p85+. It's pretty fun, but man I want to test drive the new all wheel drive one coming out. The p85+ is great, but there is so much power that the rear tires simply can't grip and you fish tail pretty easily. You also burn thru rear tires fast with the rear wheel drive.
That's very cool. That's a very nice car. Why isn't there a limited slip differential on the rear wheel drive? That would fix the problem
Oh, well that explains that. HA HA. I'm not very knowledgeable about them as you can tell; I don't like any sedans.
whoever asked about DDD @marcchaikin: $DDD reports after close. They have already pre/warned to downside. PowerGauge bearish expect the worst
Well that was a disappointing hold. I didn't think I was being greedy but obviously I was. What a frustrating month outside of that mega day I had. Still in it and shorted more premarket, but man I hate sucking lately. Hopefully I can still make some money on this.
its always some jack up with tesla lately it seems. that's why I just close my option position end of day now. too much jack up goes on over night sometimes. I think tmw may get some burn after fed tomorrow. with targets being 1955 then 1930 lower end targets on spx
Chuy is so overvalued at this point. A good restaurant would be BLWD, they are expanding like crazy at this point. There will always be sports. NDLS is another good restaurant to short. Their food is just terrible. 62 P/E? They just IPO maybe 1 year ago got off hot and its going to start cooling down. I just bought some NTDOY. It has fallen about 60% since its peak, it is starting to release iOS games and finally getting some software for the WII U. I think it will turn around. I just got CVEO as well, Einhorn is doubling/tripling down on this stock. It is down now but when oil prices go back up this should go back up a bit.
They just expanded to the Washington DC metro area and that location is doing fantastic. Long waits for a table even at odd times. They're opening a second DC-area location later this month.
I think I am biased I got food poison from there. In the long term I think it will do well. I just think its too overpriced in the near term.
its approaching a possible top. it looks illiquid so im going to avoid it. illiquid = bad for options.
Question: what do you guys think about FB earnings? It had massive call option volume on the dec $100 calls yesterday, but there are a lot of sweeps today on the put side. No idea really. Guess I'll wait until tomorrow.....
