What is the purpose of fundamentals or technicals when you have a stock like TSLA that defies all reason - oh, right, hedge fund players and firms have got to get paid. Govt too weak to find those who are bidding up the price or keeping a bid underneath so it won't go below a certain price. Like 188 or 187. It's a game as old as any other.
In an newly anointed stock to the moon - reports are coming out that no one is selling and everyone keeps buying and buying and buying - so there is no choice but to join and buy and buy and buy. Let it go to 220 - it's not even a realistic stock any more - now it's just a trading game.
Now at 190 - now they are just being stupid to try to twerk their returns for 3rd quarter. I see a 30 point drop in the very near future.
Fastest Rise Ever - Enjoy the rides long because the shorts are going to have a massive day in the near future.
May not crash today or tomorrow but this is crashing very soon.
Why - because there are more money to be made now from the downside on TSLA than the upside. I would not be surprised if some big institutions SOLD tomorrow.
It may not, but these levels despite future growth value do not dictate a 22 bln market cap at 180 plus - Ford has a 68 bln market cap and trades at 16. If it stays up at this levels, it is only for window dressing purposes but if it was me and I was running a hedge fund, I would get out before September 30 and just say look at the gains I locked in. I would expect a lot of selling starting tomorrow and Friday. No one is going to wait til September 30.
seems like the trend is reversing if only for a few days - I think PCLN finishes in the green today around 941.
What is not being reported is that this is a one off - so shorts are having a field day - with misinformation - this appears to be good opportunity to get back in at 27-28 lower. Its typical modus operandi is that it trades down like this for a day or so - but I would expect a reversal soon enough - maybe not back to 35 but maybe 31 or 32 before mid August.
Open at 255 - now at 270 - pre-market - forget it - this is again turning into an epic short squeeze and everyone knows it - not heading south for some time after the shorts are done - I am done. Good luck to those shorts who decide to stay on - I am out at the open.
just the wall street way - which monkey is going to buy at 255 plus today and then see it back at 250 by the close - the monkey who thinks it is going to higher after a 12 point run on hot air today.
It looked at first that it would be pinned today at 250 but now it looks like 255 - we'll see how it shakes out near the end. Typically, traders want to take profits on slow Fridays and load back up on Monday - I can not think of any reason that this stock should be up so much today.
everything is coming in good to above average for U.S. economy - not so much for global - but the tenacity of X staying in the mid 17 range - looks to make a move to 18 by Friday at the close...I would see 18.75 by the following week.
Here we go again...first laced Tynenol and now this and yet JNJ is climbing higher - which means the fixed is in - but this news may get some sellers and bring JNJ back down where it belongs - in the toilet - because their R&D is full of crxp.
This stock is on fire but will retest and most likely get pinned at 855 on Friday. From there if it holds, it most likely will try to hit 900 based on the momentum of the market.
I want to throw up.
WOW - easy way to make money right now - just going short Apple