So when do we buy up twitter stock? When it gets down to 2 bucks? Man even at 2 bucks they would still be valued at 1.1 billion. I feel like this going to be tech bubble 2.0
I don't know much about the third fire, but the first one was was the result of the owner running over something metallic. There was a fire and it was contained outside the cabin. A gas engine most likely would have been much worse. The owners from the first and second fire have already contacted Tesla about replacing their car with another Tesla.
Why are people going to suddenly hate Tesla and Elon? It is a freakin awesome car and you would be hard pressed to find any Tesla owner that is not happy with their purchase.
Not if they care about performance. Never driven a Benz or Beamer, but they can't match the exterior and just the pure sexiness and performance of a Tesla. I know a couple people that recently bought Panameras and they are wishing they had heard of Tesla before making their purchase. And I have no idea what you mean by door quality sucks on a Tesla...
It's just something that tends to happen when high flying stocks crash. This was an exceptionally high flyer. People were calling for Zuckerberg to get ousted at Facebook after its crash.
Maybe it is just me, but that information does not help anything. Tesla looks like it may have a major problem on its hands with these fires.
This is from the owner of the third fire. From a Model S owner in Tennessee By Juris Shibayama, MD TAGS: CUSTOMERS / MODEL S / STORES / 0 comments I was driving home from work on the interstate in the right lane at approximately 70 miles per hour, following a truck. In the middle of the lane, there was a rusty three-pronged trailer hitch that was sticking up with the ball up in the air. The truck in front of me cleared the object. I did not have enough time to swerve to avoid the hitch, and it went below my car. I felt a firm "thud" as the hitch struck the bottom of the car, and it felt as though it even lifted the car up in the air. My assistant later found a gouge in the tarmac where the item scraped into the road. Somewhat shaken, I continued to drive. About 30-45 seconds later, there was a warning on the dashboard display saying, "Car needs service. Car may not restart." I continued to drive, hoping to get home. About one minute later, the message on the dashboard display read, "Please pull over safely. Car is shutting down." I was able to fully control the car the entire time and safely pulled off the left shoulder on the side of the road. I got out of the car, and started to get all my belongings out. About 5-10 seconds after getting out of the car, smoke started to come from the front underbody of the car. I walked away from the vehicle to a distance of about 100 yards. More smoke started to come out of the bottom of the car, and about two minutes after I walked away, the front of the car caught on fire. I am thankful to God that I was totally uninjured in any way from this impact. Had I not been in a Tesla, that object could have punched through the floor and caused me serious harm. From the time of impact of the object until the time the car caught fire was about five minutes. During this time, the car warned me that it was damaged and instructed me to pull over. I never felt as though I was in any imminent danger. While driving after I hit the object until I pulled over, the car performed perfectly, and it was a totally controlled situation. There was never a point at which I was anywhere even close to any flames. The firemen arrived promptly and applied water to the flames. They were about to pry open the doors, so I pressed my key button and the handles presented and everything worked even though the front of the car was on fire. No flames ever reached the cabin, and nothing inside was damaged. I was even able to get my papers and pens out of the glove compartment. This experience does not in any way make me think that the Tesla Model S is an unsafe car. I would buy another one in a heartbeat. http://www.teslamotors.com/blog/model-s-owner-tennessee
Good for him, but what about everyone else? Perception is that the fires, as well as Musk's comments, have dropped the stock price.
I don't think so. How many Mercedes', Nissans and Toyota's catch fire on a daily basis? They don't have special reports on the news to report about these events.
http://wheels.blogs.nytimes.com/201...luding-1-million-camrys-for-fire-hazard/?_r=0 This pic was taken from Elon's camera phone. Spoiler
Thanks for the heads up on HIMX. I bought in the 8.50s a few days ago and it's taking a nice ride up since then. I only wish I had bought more as I still have some cash on the sidelines. Any other tips?
I shorted VJET today around 51. Yes I know I am suicidal. I shorted it to hedge my VEEV long from Friday. #sarcasm Still holding VEEV and added in some today. Let's hope I don't get my dick ripped off in it. Who knows I may be out of both of these trades by the end of the day. The price action is not favoring me right now. Short some FB from Friday. edit....covered FB early and ended up getting long FB at the bottom. still holding. covered VEEV and still short VJET. let's party!
Can you two elaborate on what #s you guys see that makes you think so? I think it's cool you can make good educated guesses on things like that. Please learn me some investing knowledge.
For HIMX it's just a look at the support, resistance, and trend on the chart. IMO this kind of big bounce that it showed off that mid 8 support is very positive. It leads me to believe that 8 will be more of an area where the stock builds support. That said it had a huge run up and it is currently taking time to digest those gains and we will see where the buyers come in at. Also, "support" is just another way of looking at where people have been willing to buy the stock and where sellers tend to stop selling the stock.
Unfortunately for me I bought in at $8.60 but then put in a trailing stop for 5%. The next day it opened and dropped to $8.10 or so early that morning and my stop kicked in. Of course by the end of the day it was already back up to $8.50. Lost a grand just from that. I'm looking to get back in but what's a better way for me to limit my potential losses?
I'm a price action/volume trader. The volume right now on the past few days of up move have been anemic. Basically not much conviction in the up move. You generally want to see strong volume on the up move if there is underlying strength. Look at the volume of the down move compared with the recent volume. Looking at price action, the current rate of HIMX shows it at short term resistance which I think traders will justify as additional reason to sell. I also use Fibonacci retracements as well. Note that I'm a gold commodities trader solely, but I got my start in equities. I have no position in HIMX, but I like to analyze equity charts just to keep my skills sharp.
