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From Electrek: Tesla’s stock (TSLA) surges while short interest reaches all-time high after...

Discussion in 'News from Electrek.co' started by RSSFeed, Dec 13, 2016.

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  1. RSSFeed

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    Tesla’s stock (TSLA) surges while short interest reaches all-time high after SolarCity merger

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    Without any exceptionally good news for the electric automaker this morning, Tesla’s stock (TSLA) surged almost 5% within the first hour of trading – trending significantly higher than the market or the automotive industry (though Tesla is becoming much more than an automotive company so maybe it shouldn’t be compared directly). more…

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  2. TrevP

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    Keep going, have to cover some of the losses from the drop when I bought my shares ;)
     
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    • MichelT3

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      I always have to laugh when I see graphs like this. It's presented so as if the stock was almost zero three weeks ago and is now soaring to the roof. While in effect the difference is just a few percent.
      The saying "how to lie with statistics" always comes to my mind.
       
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      • Gary Moore

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        Michael Lewis did not entitle his 2010 Wall Street book Liar's Poker for naught. If you have faith in Wall Street, they'll assuredly have some one available to take your money with creative writing, arts and charts.
         
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        • BigBri

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          made $120 bucks today selling off some shares :p
           
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          • Blackout

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            missed it today...i'll wait to catch it on the down side...
             
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            I'm happy I caught it when I did. Will have to see where its headed and buy back in.
             
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            • AscendedSaiyan

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              I think I'm going to hold on for quite some time. I've made a decent amount, but it could surge again. Maybe the Model 3 deliveries will spike the price.
               
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              • Blackout

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                of course it will, especially in the couple days prior to the reveal. But that's kind of a long term approach. Me I'm more like an in and Out kind of trade lol...
                 
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                • BigBri

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                  Sadly I'm a bit late to the party :p. I'm mostly just going to jump on and off for awhile. Probably will buy in for a decent term before the final reveal/q4 results. I've no doubt we'll see it above $300. Kinda hoping to see it around 180 again so I can buy enough to do some short term trading and hold some for the longterm.
                   
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                  • BigBri

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                    Learned my lesson.. being Canadian had to get USD to buy the shares. Converted it back to CAD by mistake so lost all of the profit besides 20 bucks lol. #lessonlearned
                     
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                    • Blackout

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                      haha...I counter that with a US Trading account...I just have to load this account with CAD and it gives me access to spend it in CAD or USD without paying extra fees for conversation etc...
                       
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                      • BigBri

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                        Yeah it's my fault. The bank doesn't seem to change much but it's fluxed a few % since I bought. I really just needed to switch my profit into CAD to take it out.
                         

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