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$BTC on this website? wow.. you know this is a ponzi bubble for bogus mafioso and hackers.. we are going to take a huge sh*t on you guys here.. courtesy of your local USA bankers. Good luck holding the bags up here. peeeeace out! Short is on..
Who cares, where were people with me here in back in 2012 when everyone hated this, though it was a bubble scam, and shorted it? We won... still a solid investment. The US big 3 are toast, they already got destroyed by North East Asia with Japanese/Korean makers.. who's next? f*ck ford, GM next... cheers
** Long TSLA.. since 2012
We're all making money here.. hold this guy, it's a gem since $12 in 2011.. every hated, we believed. that's how this system works. Cheers! This can be a $2k stock in 5 years.
I'm still pumping $$ of this guy.. 8 years later.. let's go!
Good idea.. same here! we have nothing but time. This is my favorite company since 2011. I'm a huge fan of the future here.. gpu's in our toilets telling us to cut back on the sodium.. am I right!
This will be a $400 stock in a year if things don't explode globally
I'm late to the response here, but I think the $SPX or SPY is ready to take another fat dump here.. especially with the pump from the lows based on virtually nothing but stimulus money printing. I think the end of day dump yesterday was the key indicator, this thing is floating on thin-ice..
I'd say 2650ish (260 SPY)is coming on this next leg down.. at least
Cheers
I just don't think many people use all those metrics because things change so quickly these days. It's better to see the volume and price points in my opinion.. but I am sure many others would disagree. I am enjoying this oil displacement though.. i'm back in shorting these $16's on CL June contracts
Metrics, virus fears or not, I did cover the short at $12 where the valuation is more suited for SPCE and Branson's hype. Just my opinion.. I will continue to short anything over $20-25 cheers
Yeah, well a lot of issues there made it go belly up.. it was a fun time trading while it lasted though, they sold to the whole thing to toshiba for about $35mil. I mostly just trade oil and gold futures now over night with Europe. Cheers!
We have feasted on short sellers since 2012 on this one.. but welcome to the party. I am going to sell my position this week, anything over 900-910. Cheers
Thanks, not sure what I said since it was deleted.. but all good. Metrics here are good, have always been good. Short sellers just keep trying.. what can you say.
$621.54 i'm back.. let's roll, next week is most likely the time to cover for every firm out there.
Yes, most indicators are not that dependable. I work for Wells Fargo, but give my opinions here with my own money. We do not look at 35 indicators to signal a position though.
We noticed a lot of buying from Merril Lynch today, most likely covering out. For us, it's all about where the volume hits from previous levels. That's where most large clients want to buy or sell. 2900 was a lock on /ES for support, the exact number isn't that big of a deal for us, it's usually a 2-week hold. Target here is 3017.47
The same with Oil, $43.xx was a must for support. I bought 10 contracts today at $44.07 to test the waters. my target from here is $48.38
Cheers mate.
Hmm.. I held a lot of dram players back then, Micron, Samsung, Hynix.. maybe was OCZ? That was pretty speculative though, and had some wild swings before dieing and being sold to Toshiba.
Cheers mate, I don't do much equity trading anymore, just futures.
I'm not feeling this company. I just don't think it's valued correctly. There will be many other players in this space in 10 years, especially city to city travel. I'm sticking with $12, where it actually came from not that long ago. Yes, they like the share structure very scarce so they can move the price with ease to look good on the tape.
This is extremely speculative, and I think it's mostly getting hyped just from having Branson involved. I'm sure his buddies are enjoying the media attention though. You're long, i'm short on this, I guess we'll see what happens by the year's end. Cheers
I'm not feeling the mortality rates shown. I don't think they are a good indicator. I think the flu is a much bigger deal. Nobody wears a mask in the USA though, sad stuff. Cheers
What's up my dude, I remember when we were in here pumping this guy years ago sub $100. I finally sold out of my positions on Friday, basically everything I owned in equities went liquid. I mostly just short $WTIC oil futures now overnight with Asia and Europe. I hope you're doing well. Cheers mate.
I'm waiting here though at @621.54 for 40 shares. That's a big change from the 2k-3k shares I used to day-trade back then hah.. what a world.
I think it's correctly valued. They do a lot more then sell cars. This stuff is the future.. there's little debating that anymore.
Tell every other major auto maker this is "overhyped". They all changed their tune, and introduced electric models IMMEDIATELY. They pushed this type of technology off for too long, and are paying the price.
This is just people taking profits, and short-sellers finally trying to get flat in their books. This is not based on performance, it's based on global fears of a virus, mixed with US markets topping out the past month.
The hate continues on this, just like a few of us riding it up from the $20's.
I'm waiting @621.54 - I'll take some
This thing is worth *MAYBE* $12 max.. if that. Branson can pump this 24/7 and it's just not an actual long-term investment. Just my two cents. Let's see how much of his own $4bill he starts pumping in.
I think a more modern target is $8.. just my opinion.. cheers
This is getting ridiculous, let's compare the two types of the common yearly flu deaths/cases. COVID-19 is not even close to the common flu. This sounds more like a reason by certain news owning conglomerates to force a sell-off in global markets without a recession. I'm not claiming "fake news", it's real, but it's being way overblown.
I'm just not buying into this. I think people should fear the influenza strains much more.
"CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010."
CDC Flu Estimates
I can't reply via PM as I don't have a sub here. I don't use any real indicators anymore. I go purely on candlestick and resistances/support levels. I don't think $WTIC follows many indicators besides geo-politcal issues. I used to use a few indicators, but damn.. they're mostly useless in my opinion. I follow the volume.
I usually hold positions overnight, or a couple days, whichever fills first. I just set orders, and generally don't move them. I've had some nice success doing this the past 2 years.
My thing is, I trade at night when Asia and Europe open (8pm CST and 2am CST). A lot of times I fill orders with Asia when volume is low, then end up filling the cover/buy with US markets during the day. You can get a good idea of what's going to happen the next day trading overnight with US markets.
I've been shorting $WTIC (/CL) and $SPX futures (/ES) for the past month,and honestly I feel a couple more days of downward push. We may see a tiny bounce tomorrow for covering, but I think oil is going to $43 and $SPX futures to 2900.
As we know, this selling is mostly likely just long-term investment managers locking in everything for clients, mixed with mom-n-pops pulling out retirement savings.
I trade oil daily now, and only hold SPX shorts long now. I sold all my equity longs Friday.. I feel pretty lucky. Unless the world goes to sh*t, i'm sure that gap will clean as always.
I've been cleaning up on /CL[J20] Apr 20.. I did just buy 20u's for this bounce from 51.44 - Target 51.71 for a quick bounce, we'll see. Cheers
More like 775-800 for the DOW.. looking rough..
*small cover coming on now -740's. I short SPX
I've been watching a lot.. my wife is Japanese and i'm heading back over there in April for 2 months.. trip from there to Shanghai has been canceled thus far. People over here aren't as concerned as they should be in my opinion. Cheers
/ES short is definitely coming to fruition here... corona virus concerns really torching futures tonight guys.. let this dump all the way down I sold out of everything on Friday for tax reasons. Let's roll
I did sell out at the open with all my accounts. $304.76 - it was a wild ride.. i'll be back when the dust settles.
I'm only holding my $SPX future short /ES - first target 3222.21
Really happy with the volume coming into this since 2011.. things are looking really good here.. I want to sell my long lot at $25.71 ave (2158/sh) but I won't.. I just might tomorrow morning though.. it's time to pay some taxes! Cheers all
I disagree, companies like Rivian, Lucis, etc are only on paper outside of the business Rivian has with Ford and Amazon. They have no real products being sold yet.. strictly on paper.
That being said, we need more new players in this market. Rivian is going to get a HUGE wake up call when they start actually selling cars to the public. That's just my opinion.. cheers
No problem, i'm glad to see more people in here. Years ago it was just a few people trading the swings.. nice to see some actual longs here seeing the big picture in electric transportation. I think this is one is a long-burn, but the short seller interest brought us to unbelievable heights very quickly. I will be watching the next few days..
Funny to see people like the talking heads at CNBC changing their tune eventually. I remember people like Jim Cramer telling everyone it was a horrible investment back in 2015.. Let's see what happens.
Funny thing.. I mostly just trade $WTIC Oil futures now
Nope, I'm holding to $1k, or very damn close. I will be watching the next few days. I am ready for those taxes hah.. let's roll
I know, many people get scared. I used to worry about this one about 5 years ago, but I just had to remind myself this is the future, and the short sellers were too deep in when it caught global mainstream attention. Nothing lasts forever, so we might as well enjoy this while we can. I'm still holding to $1k, I think it will hit before coming back.. it's due to cool off again, although we have a lot of mom-n-pop cash coming in now. Cheers
Thanks guys, I haven't been trading as much lately, just trying to enjoy my family and friends as much as I can! I'm still trying to short the SPX on the tops, but right now it's pretty flat. Cheers guys
Sometimes you just gotta believe.. I remember having fun debating with BBseller on here back in 2011-12 about this company. I know how you feel. Being traders, we want to cash out on all the highs and stay glued to the headlines. Since 2014, I haven't been trading as much, I just held my longs and went to Japan to live with my wife.
I said a conservative amount as I used to trade 2k-3k shares daily back then, unfortunate not to hold everything from the $20's, but that's how it goes.
I also held my $NVDA shares from the 20's. Things have changed quite a bit in a little amount of time. I wanted to dump those multiple times, but it's locked up. I won't let the trader in me cash in just yet.
As for the story here, short sellers are trying to cover out, but it's not working well. It's good to see this company single-handedly made all of big auto change their ways for the future. Cheers
3,xxx SPX for us.. I slowly short the tops of the S&P 500
Do you know how many times longs have heard these 'death calls' to this company? That's what drives this up.. the hatred and pure speculative short calls. We've seen so much money lost trying to short this..
Someone is posting these articles for a short of course. Pullback is probable from here based on even just techs, but telling everyone to close out their positions.. no dice.
I've been trading this since September 2011. Me and another guy on here I just quoted in a post debated this daily.. but back then everyone hated it.
I sold all my $25.34/ave long stash at $150 and got back in at $122/average. I bought a conservative 1k shares.. I've been holding those since then. I should have listened to myself more back then and held more.. c'est la vie as I used to buy 2k-3k daily in the 20's to just trade with. bummer.
Good to see more people believe in this though, and to make money trading it. Cheers
We had good times back then debating this company when everyone hated it with a passion.. I think longs won though.
Short's are clearing out, I expect more upward movement with a few small pullbacks to squeeeeze. Fast hands are exchanging, too much $$ below $200 that held.. story is not done here.. $1100 target here... Cheers
Everyone should have been around here when I was pumping this at like $22-$24/sh, with just me and "bbseller" debating this daily.. Good times from the old days in 2011-2012! Still LONG $TSLA
I just had to pop in here to see how the one-time shorts made the worst call of their lives. I see a lot of people here riding the bandwagon now.. it's cool.. thanks for the boost from the bottom ;)
It's just way over-bought based on just hype.. when these creepers cash out, it will be just as quick on the way back. One thing we know.. pullbacks and shorts happen a lot quicker. I'm still shorting up here on $SPX futures every week on the pumps up, adding to the position. $3k $SPX definitely coming this fall. Cheers
Still gotta short if you can get the shares.. unfortunately most Solars died