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Tesla/Lithium stocks discussion

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    #1382
    Sabre Man
    Registered Users Posts: 2,029 ✭✭✭Sabre Man


    5 for 1 stock split

    https://ir.tesla.com/news-releases/news-release-details/tesla-announces-five-one-stock-split


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    #1383
    Dave1711
    Registered Users Posts: 467 ✭✭Dave1711


    Sabre Man wrote: »
    5 for 1 stock split

    https://ir.tesla.com/news-releases/news-release-details/tesla-announces-five-one-stock-split

    Great news, just in time for the next us stimulus cheque lol


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    #1384
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    Timmaay wrote: »
    Slow bleed off back to 1400$ after all the madness afew weeks ago. Why do I have that stupidly irrational buy the dip feeling with it now lol.

    Dammit shoulda listened to myself lol.


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    #1385
    garrettod
    Registered Users Posts: 2,420 ✭✭✭garrettod


    Hi,

    So, the theory is that the current stock is split into five, then there's five times more shares available (each one, at a cheaper price than the current share price), to get more retail investors to buy into the company, right ? Lots more retail investors jump in, then driving up the price of each new share.

    It all seems just a tad too easy :)

    Thanks,

    G.



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    #1386
    Jim2007
    Moderators, Business & Finance Moderators Posts: 9,989 Mod ✭✭✭✭Jim2007


    garrettod wrote: »
    Hi,

    So, the theory is that the current stock is split into five, then there's five times more shares available (each one, at a cheaper price than the current share price), to get more retail investors to buy into the company, right ? Lots more retail investors jump in, then driving up the price of each new share.

    It all seems just a tad too easy :)

    It’s not in theory, it’s in fact. And no it does not make a company more valuable it simply makes the shares more tradable meaning that current holders can realize some of their gains and new investors have an opportunity to add a position to their portfolio.

    I can’t recall a single research paper suggesting that a share split alone contributed to a price increase. If people want to pay over the odds they will do it they are buying one or five shares and if they cannot afford to buy a single share but really want to, they will find a broker that allows the purchase of fractions of a share.

    Perhaps there is an opportunity for some research assistant in the new area of behavioral finance to do a paper on whether or not it facilitates the possible introduction of more gullible buys to the market... anyone looking for a Masters or PhD thesis topic ;-)


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    #1387
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    Looks like an analyst raises their price target in the morning to try an get ahead of the actual price and then the investors take that as the end of day price that must be reached.


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    #1388
    bfa1509
    Registered Users Posts: 1,022 ✭✭✭bfa1509


    lucky john wrote: »
    Looks like an analyst raises their price target in the morning to try an get ahead of the actual price and then the investors take that as the end of day price that must be reached.

    After buying in late on Friday, I am 100% fine with this.


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    #1389
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    I'm fine with it as well and it continues to have serious momentum.

    Not many shorts left at this stage. Mind you I did see that *** Brendan Burgess advising people on ask about money that Tesla is a great short now. Himself and his mate have been short Tesla and loosing from early on. Anyone taking his investment advise would need to be careful. I did notice that posters on his tesla forum who disagreed with his opinion
    had their posts deleted or the poster themselves disappeared. Seems dangerous when the guy with the power to control opinions on a public forum gives advise that it seems isn't allowed be challenged. At least here no one gets a free ride and the bears and bulls can have their say.


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    #1390
    AmberGold
    Registered Users Posts: 1,284 ✭✭✭AmberGold


    After selling at $860 on foot of Musks “the share price is too high” quote it killed me to get back in @ $1500 on its way back down.

    Not looking like a bad move now but I’m in for the long haul now anyway as opposed to the last time where I was convinced I could buy back in lower. Lesson learned.


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    #1391
    Mad_maxx
    Registered Users Posts: 13,505 ✭✭✭✭Mad_maxx


    lucky john wrote: »
    I'm fine with it as well and it continues to have serious momentum.

    Not many shorts left at this stage. Mind you I did see that *** Brendan Burgess advising people on ask about money that Tesla is a great short now. Himself and his mate have been short Tesla and loosing from early on. Anyone taking his investment advise would need to be careful. I did notice that posters on his tesla forum who disagreed with his opinion
    had their posts deleted or the poster themselves disappeared. Seems dangerous when the guy with the power to control opinions on a public forum gives advise that it seems isn't allowed be challenged. At least here no one gets a free ride and the bears and bulls can have their say.

    Burgess didn't even know what a Tesla car was a year ago ,i follow his site


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    #1392
    UsBus
    Registered Users Posts: 1,390 ✭✭✭UsBus


    lucky john wrote: »
    I'm fine with it as well and it continues to have serious momentum.

    Not many shorts left at this stage. Mind you I did see that *** Brendan Burgess advising people on ask about money that Tesla is a great short now. Himself and his mate have been short Tesla and loosing from early on. Anyone taking his investment advise would need to be careful. I did notice that posters on his tesla forum who disagreed with his opinion
    had their posts deleted or the poster themselves disappeared. Seems dangerous when the guy with the power to control opinions on a public forum gives advise that it seems isn't allowed be challenged. At least here no one gets a free ride and the bears and bulls can have their say.

    Would have thought it to be a very risky short at this stage with the split coming. I'd imagine there will be a bump in share price once investors can get in at 360 or so... Am in at 1500 which I would normally never dream of, but feel some sense of backup with the upcoming split


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    #1393
    garrettod
    Registered Users Posts: 2,420 ✭✭✭garrettod


    lucky john wrote: »
    I'm fine with it as well and it continues to have serious momentum.

    *** Brendan Burgess advising people on ask about money that Tesla is a great short now. Himself and his mate have been short Tesla and loosing from early on. Anyone taking his investment advise would need to be careful....

    He took a similar position on Bitcoin, and did well on it, as did one or two others who followed his lead.

    I haven't read his thread on Tesla, but having read some of his posts on shorting Bitcoin, I can tell you that he argued with logic and reason, on that occasion.

    I would expect him to support his argument on shorting Tesla in a similar fashion - referencing P/e, comparisons across the motor industry etc. Has he not been doing that?

    I'm not a particular fan of how he and his moderator team edit and delete some posts, but when all is said and done, he owns the site, I suppose.

    Thanks,

    G.



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    #1394
    garrettod
    Registered Users Posts: 2,420 ✭✭✭garrettod


    UsBus wrote: »
    Would have thought it to be a very risky short at this stage with the split coming. I'd imagine there will be a bump in share price once investors can get in at 360 or so... Am in at 1500 which I would normally never dream of, but feel some sense of backup with the upcoming split

    Agreed, it is risky, in the short term. Between the split and the stock under consideration for inclusion in the S&P, one would expect demand to remain high, in the short term.

    .

    Thanks,

    G.



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    #1395
    Gael23
    Registered Users Posts: 12,086 ✭✭✭✭Gael23


    How do you buy Tesla stock?


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    #1396
    transylman
    Registered Users Posts: 599 ✭✭✭transylman


    garrettod wrote: »
    He took a similar position on Bitcoin, and did well on it, as did one or two others who followed his lead.

    I haven't read his thread on Tesla, but having read some of his posts on shorting Bitcoin, I can tell you that he argued with logic and reason, on that occasion.

    I would expect him to support his argument on shorting Tesla in a similar fashion - referencing P/e, comparisons across the motor industry etc. Has he not been doing that?

    I'm not a particular fan of how he and his moderator team edit and delete some posts, but when all is said and done, he owns the site, I suppose.

    He along with another investor on there had short positions that they cancelled at the start of the year. They missed the subsequent collapse to 400 but also missed the exponential growth back to 1900.

    Stock is in pure bubble territory now, with market cap greater than Toyota, GM, Ford and others combined. Still not going to go near it from short point of view as it could still easily go up another 2x. Will wait for something material to change like a plateau in demand for their cars or looming recession, and even then I will only be opening a small way out of the money put position.


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    #1397
    Sabre Man
    Registered Users Posts: 2,029 ✭✭✭Sabre Man


    Gael23 wrote: »
    How do you buy Tesla stock?

    Through a broker, like degiro.ie, same as any other shares.


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    #1398
    Sabre Man
    Registered Users Posts: 2,029 ✭✭✭Sabre Man




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    #1399
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    Listened to it earlier on Rob's pod cast. Never sure what to make of Cramer but he was very anti tesla a couple of years ago so a big turn around. At least he saw the potential in the end.
    If you haven't listened to Rob give the bull case lecture to the students it's very good. Might help explain the $2000 just broken through today.


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    #1400
    UsBus
    Registered Users Posts: 1,390 ✭✭✭UsBus


    So today is split day for Tesla. Currently up another 47 dollars in pre market. It's a headwreck trying to work out where this is headed..!!!


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    #1401
    unkel
    Registered Users Posts: 64,775 ✭✭✭✭unkel


    phantom_lord wrote: »
    Yeah I got short again Wednesday.

    I really hope you were joking. TSLA has doubled again since your post two months ago, now well over USD2000. All other auto makers shares are performing poorly because of COVID.


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    #1402
    dontparkhere
    Registered Users Posts: 71 ✭✭dontparkhere


    How much of the price increase is due to a short squeeze?


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    #1403
    phantom_lord
    Registered Users Posts: 10,894 ✭✭✭✭phantom_lord


    unkel wrote: »
    I really hope you were joking. TSLA has doubled again since your post two months ago, now well over USD2000. All other auto makers shares are performing poorly because of COVID.

    I was short short-term puts. Defined risk. And it was the only thing I was short.

    Far too expensive to short now, as crazy and frothy as it all is. Good lesson for the future though, next time there's an irrational bubble...go with the bubble.


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    #1404
    Timmaay
    Registered Users Posts: 11,394 ✭✭✭✭Timmaay


    Finally getting the pullback that I expected, but jezz it's still over 2k in pre share split levels. If it drops back under the likes of 350$ I'll look at getting back in, battery day Sept 22nd should drive it on again then.


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    #1405
    lucky john
    Registered Users Posts: 838 ✭✭✭lucky john


    Sold my Tesla shares after 4 years and +700%. I feel a bit bereaved now but they will pay for an small extension to the house that the better half has wanted for a while.

    I fully intend to get back in as soon as I have the cash again. I have no doubt Tesla is on the way to being one of the biggest companies in the world.


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    #1406
    unkel
    Registered Users Posts: 64,775 ✭✭✭✭unkel


    unkel wrote: »
    And here we are, less than 2 weeks after you posted that and now near 1700/share

    And 4 months after that post we are well over 2500 per share (divided by 5)

    Another 50% up on what was already a very high valuation. Obviously the inclusion in S&P (which was coming a long time) helped prop the value up

    I hope nothing really bad happened to those shorters. It was a negative, even immoral, thing they did, but they don't deserve to be financially ruined for life because of it.


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    #1407
    Mr.David
    Registered Users Posts: 1,701 ✭✭✭Mr.David


    unkel wrote: »
    It was a negative, even immoral, thing they did, but they don't deserve to be financially ruined for life because of it.

    Why is it negative? It certainly isn't immoral!

    Shorting is incredibly important to a healthy functioning market.


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    #1408
    uli84
    Registered Users Posts: 1,667 ✭✭✭uli84


    Does it still make sense to invest in Tesla or it’s too late?


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    #1409
    Atlas_IRL
    Registered Users Posts: 1,857 ✭✭✭Atlas_IRL


    It's never too late if you want to hold long term but for short flips it's riskier now, it rises lots on catalysts. Battery day, s&p inclusion, stock split etc.


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    #1410
    dinneenp
    Registered Users Posts: 8,100 ✭✭✭dinneenp


    uli84 wrote: »
    Does it still make sense to invest in Tesla or it’s too late?

    People have asking that for years. Nobody knows is the answer (that you don't want). I think they still can go a lot higher, could be wrong though.

    There's massive demand for them, they're ramping up production, people will jump on them as they're a share even the man of the street hears of which could push prices up higher. On the other hand, direct competition companies are focusing more on electric (but I don't think they'll ever attain the cult-status of Tesla).


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    #1411
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Autoline network toted up the valuation of all the major US car manufacturers and major component suppliers and their capitalizations still didn't match Tesla's market cap.


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