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Tesla Motors, Inc. (TSLA) Message Board

  • werweng2000 werweng2000 Sep 24, 2013 3:30 PM Flag

    There will be a selloff for sure in a couple of weeks.

    It's been gone too far..man..a electrical car company..just a car company

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    • The primary problem is the stock valuation story is based on a "public story" of Musk saying he wants to change the world with a 35K 200-mile EV. The behind the scenes story was a parabolic run-up orchestrated by underwriter institutional banks (US Bank, Goldman Sachs, others) who are preparing to close out a convertible Sr. Note (a finance instrument used to pay off the DoE loan with high fanfare) and convert that to tradeable stock. Whether the public story or private story win out - we will see in October.

      The manipulation going on now is to help institutions unload shares that they bought during the parabolic run-up in June through August. And retail buyers are lapping it up during these daily "upswings".

    • basicknowledge@att.net basicknowledge Sep 24, 2013 3:34 PM Flag

      Even worse, it is a electric car, with no charger stations around, that can give an instant charge. Have to wait 2 hours for a charge to get you home. NO rich person is going to wait that long. Flashy toy is all this is.

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