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TESLA- Anyone else looking to start a position after the split?

Posted on 8/27/20 at 11:26 am
Posted by Covingtontiger77
Member since Dec 2015
10190 posts
Posted on 8/27/20 at 11:26 am
The split should put the post split price at around $450.


The ramp up after the split announcement has been nuts.


I’m thinking that there will be quite a few sellers post split that will take some profits, this driving the $450 price down.


Anyone else thinking the same?


What do any of you all think Is a good entry spot post split?
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 8/27/20 at 11:31 am to
Why buy later vs now?
Posted by barry
Location, Location, Location
Member since Aug 2006
50337 posts
Posted on 8/27/20 at 11:33 am to
you are trying to apply logic to an illogical situation
Posted by cgrand
HAMMOND
Member since Oct 2009
38648 posts
Posted on 8/27/20 at 11:33 am to
just buy it now Jesus Christ
you made this same thread about AAPL split...

come on man
Posted by Covingtontiger77
Member since Dec 2015
10190 posts
Posted on 8/27/20 at 11:34 am to
Had to free up some $ from other holdings.

Feel like at this point i have missed the split announcement rocket ship and that post split the piece may come down a bit.

What do you think it does post split?
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 8/27/20 at 11:36 am to
It'll go back up to 2200 in 3-4 days
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 8/27/20 at 11:38 am to
only worth a day trade my friend. proceed very carefully with papa Elon. narrative about to change with him
Posted by TheWalkoff
Baton Rouge
Member since Jan 2019
320 posts
Posted on 8/27/20 at 11:52 am to
(no message)
This post was edited on 10/5/20 at 9:14 pm
Posted by el Gaucho
He/They
Member since Dec 2010
52912 posts
Posted on 8/27/20 at 11:57 am to
You have to say “no homo” after making a gay bear post brah
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 8/27/20 at 12:20 pm to
naa made plenty off papa elon. thousands
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 8/27/20 at 2:45 pm to
Nope. Will never start a position. This is a glorious bubble and I am loving trading put options on it daily. Hit the crossing of MA’s and it’s like stealing candy from a baby.

Easy money
This post was edited on 8/27/20 at 2:54 pm
Posted by Joehat
New Orleans West
Member since Jun 2011
961 posts
Posted on 8/27/20 at 3:35 pm to
quote:

Hit the crossing of MA’s and it’s like stealing candy from a baby.


What Moving Average indicators are you referring to?
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 8/27/20 at 3:53 pm to
Yeah I’m really wishing I would have bought as soon as they announced the split. Some people think it could reach 2500 pre split. I think there’s gonna be an initial rush to buy after the split, but, I do think there’s gonna be a TON of profit taking after which could send it down.
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 8/27/20 at 8:57 pm to
quote:

What Moving Average indicators are you referring to?


Simple and exponential
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 8/27/20 at 9:19 pm to
quote:

Had to free up some $ from other holdings.
You can buy it right now with $1 on Robinhood. Plus there are a bunch of other places that offer fractional shares and that list is growing. I know this because I just wanted to look it up and Robinhood made sure I knew that I could buy it for $1.

So you’ve already missed out on nearly a 64% gain from the closing price on the day they announced the split. It seems to me that you just made the play way riskier by missing out on those gains waiting 3 weeks for the split.
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 8/28/20 at 11:43 am to
Just happened again at 1125 am. SMA crosses over EMA with a lot of selling pressure. Bought 1 2,250 put at 108 and sold at 112. Hope some of you caught the ride.

ETA: should have held longer up to 122 now. 1500 in ten minutes
This post was edited on 8/28/20 at 11:46 am
Posted by BLM
ATL
Member since Oct 2011
746 posts
Posted on 8/29/20 at 12:30 am to
Are there people that trade options like this for clients? I’m ignorant but very curious. I’d be willing to free up some cash for a professional to do it for me. I’m way too busy and don’t really have the skill set.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 9/8/20 at 12:19 pm to
quote:

only worth a day trade my friend. proceed very carefully with papa Elon. narrative about to change with him





told you didn't I dude
Posted by Golgi Apparatus
Member since Sep 2009
2553 posts
Posted on 9/8/20 at 2:02 pm to
quote:

told you didn't I dude


Let’s revisit in a couple weeks/months/years.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 9/8/20 at 2:04 pm to
lmao cringe. when the narrative changes I'll get back in. weird post dude.
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