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Chartmaster

11/28/20 12:22 PM

#35470 RE: Chartmaster #35469

Also, trillions of cash still on sidelines and with bond yields so low peeps will want to put money to work in the stocks.
Seems there is high demand for everything in this bizarrow world we are living in:
Bikes
Guns
Guitars
Video game consoles
all appliances
real estate in the suburbs
groceries(Toilet paper and paper towels)
Coin shortage
Bitcoin
Stocks

jakedogman1

11/28/20 12:37 PM

#35471 RE: Chartmaster #35469

institutions sold 87 mil shares during 3rd qtr and price way below $400... 400 mil shares still owned...

https://www.nasdaq.com/market-activity/stocks/tsla/institutional-holdings

add 143 mil shares of employee stock option shares at $56 (don't known how many can be sold) but insiders have been selling...

do you really think there will be a shortage of shares to buy at these prices when institutions have been dumping and insiders with big sales?

per 424b5

https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=14371291&RcvdDate=9/1/2020&CoName=TESLA,%20INC.&FormType=424B5&View=html

The number of shares of common stock that will be outstanding after this offering (as adjusted to give effect to the Stock Dividend) is based on 931,596,365 shares outstanding as of June 30, 2020 and excludes:

145,634,950 shares of common stock issuable upon the exercise of options outstanding at June 30, 2020 at a weighted average exercise price of $56.45 per share;

money on sidelines? big reason... cramer says this mkt is biggest bubble he's seen and he is one of the biggest bubble heads in history... he mentions tesla...


NASARAVI

11/28/20 7:31 PM

#35485 RE: Chartmaster #35469

chartmaster

Agree on that - index funds must buy that should keep price pushing up till the last fund has their shares.

That can keep on going for a few months.

They may not be able to buy all they need.