The 2 major differences between 2020 TESLA and 2000 ENRON"Jul 14, 1999 Enron Reports 53% Rise in Net Income"
www.nytimes.com
"Enron one of the best companies to work for in america"
www.csrwire.com
"Enron Fortune magazine America's Most innovative company for 6 years"
"Enron transforming the energy industry"
"As of 2000, Enron had 19,000 employees. Per employee, Enron says it generated $5.3 million in revenues."
Enron the mighty! Enron the new paradigm! Enron to change the world! Enron multi trillion company! Enron the incredible revolution!
All hail Enron! No one can stand in its way!
"Tesla one of the most innovative companies"
www.teslarati.com
"Tesla innovations are transforming the auto industry"
www.forbes.com
"Why Tesla could become the world's first $US10 trillion company"
thedriven.io
"How Google Could Acquire Tesla For $1,500 Per Share On Its Way To $2 Trillion Stock"
www.forbes.com
"Ron Baron: Tesla to hit $1 trillion in revenue in 10 years"
www.cnbc.com
Tesla the mighty! Tesla the new paradigm! Tesla to change the world! Tesla multi trillion company! Tesla the incredible revolution!
All hail Tesla! No one can stand in its way!
In many ways, Tesla & Enron are similar.
But there are 2 major differences I will show you.
Difference 1
According to this article which quotes NYSE data, less than 2% of Enron shares were shorted even as it entered a clear downtrend that lasted 2 years.
www.latimes.com
No one was short Enron. We never heard bears talk about it.
Tesla thought... wow.
In mid 2019, up to 44 million of Tesla shares were sold short. Over 30% of the total shares.
Even as it soared 150% above the previous high, there are still (31 01 2020) 22.7 millions shares sold short. 16%.
They just don't give up.
The company may be making 200 years old tech electric cars, and not make sense and not profitable, but investors do not care.
Buying a cheap company worth something like Warren Buffet does will almost always work. But selling short something... Delusions can last a long time...
Difference 2
Stock market trending up strongly, Tesla trending up strongly.
Enron went from $90 to $0.21 between August 2000 (at a time where every one was ultra euphoric about to dot com bubble) and December 2001 & from $80 between decembers.
Enron had a clear multi month distribution pattern at the top of a decade long uptrend that ended parabolic.
80 to 0.21 is a 99.74% drop in 12 months.
90 to 0.21 is 99.77% drop in 16 months.
Eager to short the very top? For an added 0.03%? FOMO.
Tesla will be a short when it enters a distribution phase.
And when bears will have been "proven wrong".
When it will be common knowledge that the bears were wrong and Tesla is a big success.
When less than 10% - or less than 5% preferably - of the share will be shorted.
Tesla will be a short when bears will be seen as extravagant weirdos.
Look at Tesla last distribution phase.
You could have made up to 50% even with all the FUD & ~25% of outstanding shares sold short.
And the one before that:
Again up to 50% was possible.
There are tiny Tesla youtube channels with a handful of suscribers getting hundreds of thousands of views on videos making fun of bears and celebrating "this didn't age well".
Tesla bulls are euphoric. 1k could certainly be the top. IF the price enters distribution phase it could be a very interesting short *rubbing my hands irl right now*.
Can go up, can go straight down in which case I'd miss it but I don't care. It's about taking high probability bets not chasing every thing that moves because of fomo.
For now, patience.
There are other stocks or markets to look at.
I am sure there are famous quotes about choosing your battles wisely.
A speculator gets used to waiting years for certain opportunities.
It is not about all the trades you took and moves you didn't miss. It is about the ones you filtered out. Keeping only the high probability bets.
Less is more.
Tslashort
TSLA possible break to $956 next week (be smart)NASDAQ:TSLA has been testing the 815 mark for the last few days and strong resistance lines of 750, keeps bouncing back.. Volumes has died down a bit and due to MMs pinning the stock at around 770-800 range in the last 2-3 days, they killed off the options premiums for the weeklies which expired 2/14.. they will have a tougher time containing it for the 2/21, 2/28s with it pushing higher at the close each day inching up.. Looking to go long here on some 780 calls.. however if it does dip and dips below, 750.. could see that short squeeze the bears and the street have been looking for.. should see some movement next week.
Anyone who doesn't understand why Tesla has this rally, why they are so disruptive, why they will grow much more, should really do some reading on disruptive
technologies and Kondratiev cycles. This company marks the beginning of a new era of rapid innovation. Tesla is much more than a car company. They build
solar arrays. They build energy storage batteries for renewable energy farms. They are also a software company. They are soon an autonomous carsharing fleet
company. They have the most advanced AI neuralnet, years ahead of anyone else. They have by far the biggest supercharger network. The lead to the other carmakers
who are struggling to even build the first generation Model S, is just INCREASING, not decreasing.
a
Tesla is going to change the world. It already is doing so. Anyone who doesn't understand that, should really do some proper research, and not only read CNBC clickbait news
headlines and FUD.
TSLA false breakout?Tesla has tried to make a move into the upwards moving channel today. If it cant keep up this momentum and returns to its downward channel we could see it hitting $700 or possibly even $680 very quickly...
again this is if it breaks back below the trendline (which would currently mean a move below ~$780)
Take your Profit and don't chance it!TSLA has been extremely volatile and we see how speculation can affect the stock. I think it's time to take profit because TSLA could be re-testing the 600 level, and if it continues to break support, we can see a greater downfall. Not enough people are buying and many are selling, as we see looking at the RSI.
On 3/4 TSLA dropped $100 with people pulling out at market close
On 3/5 TSLA dropped another $130, and many shorted TSLA
On 3/6 TSLA is down $35+ in pre-market and the worst has yet to come
Let's see how today plays out. Safe trading!
Tesla, time to sell the bags ?Hello Tesla investors and fomo maniacs.
Hope you´re not buying here !
I don´t know if this is the exact top (looks like it is to me) but the R:R is definetly not worth the entry anytime soon in my opinion.
What I see is exponential grow which isn´t healthy.
The Doji candle on the Daily chart is a warning sign.
In my opinion down back to 450 USD (at least) is highly possible
I think that stocks overall are in blow-off top phase
See also interesting coindence in crypto (BTC)/stocks (APPL) trend fractal
Feel free to leave a comment below the chart or ask if you are in doubts.
Cheers.
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
TAKE YOUR PROFITS END LEAVE WITHOUT LOOKING BACK!!Hi Everyone! Its been a while since my last post, so lets dive in to the point, without losing time!
So what we are seeing here is a parabolic move with hype will end in a big crash!! When we look at the fundamentals we are still not able to see PE ratio due to earnings being negative and the PB is close to 20. It is a crazy thing to see that an manufacturing company(automotive, energy etc., however you would want to categorization it),which would have a high capital cost, would have it self priced at 20 times it book value!!! I would have hoped other fundamental ratios would have been great while seeing these two so bad. However the quick ratio being at 0.7 and debt to equity not showing good signs as well i do not believe price movement represents the "current" value of tesla!
And if we take a look at the technical side of things.... We could see that the price has been increasing with dropping volume and the RSI is over stretched.I believe it is the perfect time to take profits and watch it fall. There might be a little more upper movement but it is not worth taking the risk since in the near future i believe the price will be lower than where it is.
As always this is not an financial advice , this is just a thought!
Stay Safe
the Landing of a skyrocket ?Tesla stock price hit an all time high at 544 and almost gained more than 200% from it´s recent low at 190 but an interesting candle is forming a long shadow that could indicate a Bearish pattern if we close below 520
my strategy is to short now at 510 or 520 to target 450
💎 TESLA vs BTC - Projection price falling!Thumb UP👍 if you like this chart!
I took the BITFINEX:BTCUSD candle drop pattern in 2018 and applied it to NASDAQ:TSLA shares. It turned out that exactly the same drop will lead the company's price to its fair valuation in the range of $240-$210. Why this assessment???
The forward P/E is still more than 90!!! Thats incredible in motor vehicles field! And this is all assuming perfect execution, production capacity that does not exist yet, and that income from regulatory credits will stay the same. With this P/E investors should not expect a good return. Under these idealized assumptions rational investors could expect a decent return at a P/E of 12, so at a share price of $217 or less.
Write in comment how do you think what the fair price for TESLA Motors?
______________________________________________________________________________________________
Subscribe to my channel and receive fruitful recommendation regularly!
😎 Here just clear and accurate ideas🎯! Max profit idea in crypto - 20%(BTC), Max profit in stock - 40%. Total profit more 300%. Trade my own funds. Consult privately🎩. Link to table with summary results: clck.ru
TSLA - What A Time To Be AliveTLDR:
What a time to be alive. These types of moves create a significant transfer of wealth, for the long's this has been a multi-year battle from $175 - $350 and now in a span just longer than a full month we're at $537.92 at market close January 14, 2019
This type of price action extends beyond fundamentals, and at this point is primarily dictated by human sentiment with a bunch of algorithms following (not the other way around)- good news for us, Elliott Wave analysis does some good in the department of predicting price action in periods of euphoria- these euphoric moves in price action almost always occur in the third wave. I have two scenarios or wave counts I have considered, one where the peak of price action today is the top of wave 3 or the conclusion of wave 5. I'm publishing the later, in both scenarios price action retraces.
Considering other technical indicators, the broader stock market soaring into uncharted territory, and retail sentiment I'm leaning towards the conclusion of a fifth wave, leading into a larger correction. The 0.50 fib retracement lines up neatly with a historic level of resistance (now support) for Tesla shareholders in the $380's
Perhaps there is more upside following the correction- something to consider for a later time -- or, sooner rather than later if the Tesla bulls continue to maintain the squeeze. If up is the direction from here- I haven't the slightest clue where the top is after this.
At the time of publishing this chart I hold $425 TSLA put contracts
If the price action continues to strengthen the probability of this wave count I intend to further short the trade with additional options
Tom
TSLA update...TSLA update. analysis performed incredibly quickly. My current analysis would like to highlight an opportunity for correction. The 560 usd target price in my previous post was met. I am currently expecting a correction of up to 20%. The explanation of this rule system is a small insignificant (yellow-green) square. This is the initial ATR of the 1W wave fractals. It can be seen that both waves fractal (green rectangle) increased exactly 60%. Currently, this is the second common point of the two fractals. The third is the correction. And I expect this to close to 428usd. Short. I suppose the brutal build-up of TSLA could stall for a while.
TSLA, intraday consolidation w/ bullish pennant parabolic squeezTesla is setting up for a nice afternoon. Elon Musk fanboys gonna wake up and we'll see the same slow march up through the rest of the day that we normally see with tsla. Might be some short term selling over lunch. DON'T GET SPOOKED! The parabolic squeeze is followed by a big move to the upside 70%+ of the time. TSLA FTW!