Friday, March 24, 2017 6:57:19 AM
Just consider the fact that Elon Musk has just purchase nearly 97,000 shares at $262 a share, some $25 million dollars worth. While those who have also participated in the offer, surely anti-upped the same as $1.2 billion was raised in this latest fund raiser. A $100 million more than what was initial sought, with less shares needed to do so.
Tesla share price is primped for a solid move back to new heights. IMO................A big gap still sits open between the mid $265.5 and $272........
The lower gaps where filled in this latest price drop:
This latest price drop was peculiar to say the lest, with certain institutions having 30 days from the initial offer (Mar.17) to purchase a certain amount of additional share if they so choose, the price drop coincidentally allows them to gather more shares...............For less.............THEY SHOULD BE JUST ABOUT DONE GATHERING THOSE SHARES FROM THE MORE TIMID INVESTORS.
While many still envision and are waiting for a share price above $300, in the relatively short near future. And with the first quarter coming to an end, how was sales?, and the Model 3 slated for production, will it be on time or ahead of schedule? There are so many positive catalyst that can still yet move us to that pricing.....................WE WILL SEE.
GO TSLA
"PEACE"
$$$$$$ ZOOM,ZOOM $$$$$$
A MADE INAMERICAN ENE RGY & TECH NOLOGYCOMPANY
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