I think its overvalued in the short term relative to the market. There are a lot of stocks offering better returns. I think there needs to be PE compression here though. Its no longer a triple digit growth story that deserves a PE above 30.
PE should be 30 or below.
Sorry Longs, its correction time!
guys, I called $255 by tommmorow..... did you see those $250 calls spike up in value...
for those with IB experience, you know what happens when the big boys underwrite..... shares always outperform.
Cover whilst you can,
Longs are the winners.
I was short ahead of earnings, but I think all the negative is factored in. Ofcourse, this is kind of a takeover target. Has to be a strategic buyer. I think in the bottling industry or who knows even SBUX
Nice move! I was bearish into earnings, now turning bullish. When the CEO is putting his own $ into the offering, as lame as it sounds, its very bullish. I know he made boat loads on TSLA already, but its just about the sentiment.
The only way this can sell off now is if model 3 and the SUV turn out to be a failure...
WE hit $350 before we see $200 (if we see $200)
Guys- never be a perma bear....... if you want to be a winner. Trade like one.
Bulls its your day today and I feel your magic!
Keep an eye on BABA today. It will create a floor or breakdown into bear markets.
Its sort of a like a barometer benchmark for China.
IF we sell off today, expect a 10% point sell off till Friday in global markets.
If this reports well and the stock is up, then Dow will open down and close up.
All in all, today is all about BABA. Its all about China.
I am in earnings with $80 calls as a punt. But with ample bearish puts on the index. Lets see what happens....
I was short using options, but took profit today, something doesnt feel right.its overcrowded and highly expected to sell off. Basically free money going long 80's
I think the market is too bearish BABA. Its not just an earnings beat, but almost every day, China has been proping up its markets. I wont be surprised to see BABA trade up post earnings.
If u cant short in China? why short chinese stocks in the US?
Told you. 250+ open, load up on 250 Puts, cash out under $240..... 15 minutes 2.5 to 10.8.....
Ok longs have fun! moving onto MNST now.
I got in GMCR puts at 70, I so wish I had gambled on the 65's.
anyhow, there is room today to trade FSLR. next support level 220.
I love these days when high valued stocks drop like a rock...... but plz, we got all day.... let it open up!
I want to buy 250 Puts as a day trade! and I want it cheaper..... plz dont make it fall under 250 pre market....
where are the longs? Load up the truck!! buy buy buy
I think this is how it trades today. We could see it open down under $240 then trade up and drop again by days end. But that tends to happen when Shorts cover. Mutual funds will want this down and stable before they create support. So for today its a day trader stock.
Many long positions will consider profit taking. So we will have a decent number of shares selling. But the buyers may not be enough.... sending shares to $230. Shorts will add pressure.
I just hope it opens above $250, I want to make a good trade on this today.
I don't get it, Why is everyone so positive? Don't you guys see the potential of a failure. Ask your neighbour today, do you really want a TESLA, or would you prefer a BMW? Or how about a Mercedes Benz? And what about a electric BMW vs Tesla? Would you wear Nike or those air soles from a newer brand? As human beings, excluding California and north America, the world is into BIG DOMINATING BRANDS. ESPECIALLY FOR PHONES, CARS, SHOES and everything.
A car will not sell in ASIA unless its a brand with value over decades....
Yes if TSLA is just based on California. then its a growths story.
I'm happy but would have been happier with $60's.... that $50 open is amazing!
If it wasn't for the Fast Money guys creating this recent rally, this stock would have been $66 ahead of earnings...... Sometimes we have to thank Fastmoney for making it more worthwhile!
Trade $250 puts for a day trade imo. Looks worth it. Profit taking for sure in TSLA by funds...... whilst the report isn't bad, its realistic and the $250 mark is expensive.
Just open above $250
Short term trade till $230, might even test $220 intra day
depends on how many high frequency traders work on this today. the fast shorts who come in and go out by days end.
And all you longs can buy at $230....... If your long don't be greedy be patient. Let this correct.
I want to buy some $250 puts at the open as a day trade.
Bulls! For a day, no harm going short....... Just for a quarter. Turn bullish again in 2016. There is lots of time to buy shares. no rush right now!
Benz Just reported, check their financial report! See China Sales! TSLA is not doing jack in China! Just showing its lean green machine strength that will be copied.
The Green market is in infancy stage. Wait till local makers come in. And tell me, have you been to China? Have you ever seen a conveniently posted electric vehicle bank? How far will one travel? And when its out in China, its gonna be copied. Maybe Apple phones have software, but if TSLA is purely just hardware then China is a copycat nation...... TSLA is just a North American Wonder, not something that will succeed in Asia. India is totally out of the picture! Maybe 3-5 people will own one assuming there are no power outages! Its safer to own a diesel car in India!