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Tesla Motors, Inc. (TSLA) Message Board

  • aj.schroeder@ymail.com aj.schroeder Nov 27, 2013 5:25 PM Flag

    Trading VS. HOLDING...

    I think something that doesn't seem to be disccussed much on this board is TRADING.... All you see is dung being thrown by LONGS & SHORTS! Which is fine and can be entertaining but NEITHER are not really any smarter than the other if they are not willing to be FLEXIBLE and SCALE POSITIONS accordingly! Other wise you wind up choosing a directions and HOLDING THE BAG when it goes against you...

    I'm not talking being WEEK Handed and CAPITULATING every small move that goes against you. I'm talking about being OPEN MINDED and willing to focus on a HOW A STOCK is BEHAVING rather than DIG YOUR HEELS in the GROUND and DESPERATELY REASONING why your conviction must be right while you take massive LOSSES or watch LARGE chunks of your profits EVAPORATE...

    I have been posting my reasons and explanations for being short for the past couple of weeks... I think even in light of today's rally the LONGS if honest would prob admit they wish they didn't ride this stock down as far as they have.

    You may say well then you're just guessing! Well not really. When you have a HUGE momentum stock that's up 400% in a year with Sky HIGH MULTIPLES that starts to CRACK and SEVERELY break through the prior trend... Guess what it's prob gonna go down more than just a little bit!

    My point is I come out publicly and say that TODAY I close the last portion of my shorts from over the past 2 weeks WHICH YOU CAN SEE FROM MY POSTS THAT I HAVE BEEN SHORT. And said I took a SMALL DAY TRADE on the LONG side to ride some of the bounce...

    And NOW I'm like that MIXED child back in the 1950's!!! I closed that position this afternoon and have NOTHING LONG OR SHORT in TSLA for now. I will see how the stock reactions Friday and Monday and go from there!

    Don't get me wrong I regardless of how strong the CONTRATREND may end up being I FULLY believe that it will NOT close the gap from $176 to $151 and that it WILL test $100 BEFORE any chance of seeing NEW HIGHS!!!

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TSLA
269.70+5.84(+2.21%)Aug 29 4:00 PMEDT

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