|
ScrubLeague posted:like the rest of the market, it's just mostly computers trading with each other, it just happens outside the confines of The Close. mostly what you have is institutional investors making markets and liquidating positions outside of the normal trading hours where they'll get matched up with another institutional investor. like a chinese investment bank is still going to have TSLA shares to manage and they're not staying up to the middle of the night to shave off a couple hundred thousand shares so what's the downside to the after hours trading? is there extra fees? is it that you're missing out on more potential people to match your request? is it limited to narrower selection of actors allowed to trade?
|
# ? May 23, 2019 11:31 |
|
|
# ? May 12, 2024 01:20 |
|
i didnt even think it was real, just the computers doing theoretical math on where the stock could go does the next day really start at the number that is reached during after hours trading?
|
# ? May 23, 2019 11:37 |
|
Teal posted:so what's the downside to the after hours trading? there's no extra fees usually, but liquidity is usually pretty poo poo. right now the spread (difference between bid and ask) on TSLA is 0.70 at 1x1, so if you wanted to unload 1000 shares, you might get filled at 20 cents below the bid. during the normal day session, you're probably going to see that spread be no more than 0.10, and each side will have thousands of shares available to fill (instead of 1x1 which is 100 shares on each side).
|
# ? May 23, 2019 11:40 |
|
bring back old gbs posted:i didnt even think it was real, just the computers doing theoretical math on where the stock could go so there's two different things - after hours (after market close) and pre market (before market open) it affects the price as much as any other trade - if there are people at the open that want to buy and sell at a certain price, it will go to that price the only difference here is the timings - if you ask your broker to deal after hours, you get a special permission and can trade in that time at least that's my understanding of all this. here's an investopedia article on it https://www.investopedia.com/ask/answers/after-hours-trading-am-i-able-to-trade-at-this-time/
|
# ? May 23, 2019 11:41 |
|
the reason you usually see institutional trades happen during these hours is they're pre-arranged, not submitted through the normal order matching systems any of us can access. if someone has a sizable position they want to sell, they can find a buyer in a dark pool and the trade hits the tape after it executes, but you never see 2 million shares cross the bid or offer.
|
# ? May 23, 2019 11:42 |
|
Lambert posted:Remember when Musky wrote that a Tesla can act as a boat for a short while, with the wheels providing propulsion? It's just more of the same. not just propulsion he said the wheel rotation would provide thrust which is 1000x worse and stupider
|
# ? May 23, 2019 11:42 |
|
especially cause the absolute opposite happens - the car can only drive on water cause the battery is so heavy it keeps it grounded, and the wheels work as they should man, elon musk is so dumb
|
# ? May 23, 2019 11:44 |
|
Powershift posted:Nobody wants tesla, it's in a debt fueled death spiral. the spiral aspect of the debt is not a big issue for a buyer with deep pockets (which is required), as they'd have a pretty easy time cutting some deals to restructure the debt as part of the buyout (bonds are trading at a large discount atm, so it'd probably be quite easy to buy it back on the cheap). while autopilot is a bit of a shambles i do think the right buyer would find some value there (e.g. the tensor chips aren't very special, but it is a nontrivial product), and there'll be some pieces of the patent portfolio that works for them. really it is just a bit hard to figure out who could afford to buy them out even at $100. apple did flirt with it at a way higher cost, but that seems boneheaded enough (as apple has no need for the brand, which remains a large part of the value, and on the flipside they absolutely do not want to make apple the brand whose products sometimes chop your head off) that they have surely changed their tune since. still, if dropping below $100 at least some consortium of idiots will pop up for sure.
|
# ? May 23, 2019 11:53 |
|
right at this moment I bet he's having meetings with the board to define strategies to avoid the stock sinking further and avoid loving shareholders w- wh- https://twitter.com/elonmusk/status/1131447820630876161 huh
|
# ? May 23, 2019 11:53 |
|
orange sky posted:right at this moment I bet he's having meetings with the board to define strategies to avoid the stock sinking further and avoid loving shareholders Man working 120 hrs a week must be so tough.
|
# ? May 23, 2019 11:59 |
|
I heard he regularly has to shitpost from a sleeping bag on the factory floor the man's dedication is intense
|
# ? May 23, 2019 12:03 |
|
Remember when they crowd sourced the purchase of a couch for the poor man so his billionaire rear end no longer had to sleep on the floor?
|
# ? May 23, 2019 12:04 |
|
and iirc Musk didn't even come see the guy who orchestrated it all and personally turned up to deliver it it was pretty loving sad
|
# ? May 23, 2019 12:10 |
|
orange sky posted:especially cause the absolute opposite happens - the car can only drive on water cause the battery is so heavy it keeps it grounded, and the wheels work as they should Being used to the antics of Chris Roberts makes Elon stand out less, but yeah, he does appear rather... disconnected from reality.
|
# ? May 23, 2019 12:15 |
|
Bofast posted:I'm just going to assume that I don't want to know what that is referring to. it’s a repo site containing shitloads of furry porn there now none of you can unknow that
|
# ? May 23, 2019 12:22 |
|
Teal posted:and iirc Musk didn't even come see the guy who orchestrated it all and personally turned up to deliver it https://www.cnbc.com/2018/06/29/elon-musk-sleeps-under-a-desk-even-after-youtuber-crowdfunded-a-couch.html quote:After Sullins personally delivered a brand new couch to Tesla’s Fremont factory, Musk tweeted his gratitude – though it appears he still isn’t making much use of the gift. Musk couldn't even be bothered to update his personal fictionalized working life to account for the reality-existing couch. quote:Sullins didn’t get to meet Musk, but he was still surprised and pleased to get a shout-out from him over Twitter. “I consider him to live on a different planet so the fact that he responded was pretty special.” Senpai tweeted in my general direction.
|
# ? May 23, 2019 12:22 |
|
lol the company is melting down and he’s shitposting. meltdown may is back, boys! also i should have known that this kind of thing was going to happen eventually somewhere but it’s still real weird actually seeing it happen
|
# ? May 23, 2019 12:25 |
|
orange sky posted:https://twitter.com/realwillmeade/status/1131264161147740160 lol ill throw down on that bet considering theyve never made any money from their cars
|
# ? May 23, 2019 12:31 |
|
https://www.youtube.com/watch?v=l4KShsvvtEQ sometimes i watch this video hoping he melts his face off with that flamethrower
|
# ? May 23, 2019 12:32 |
|
Elon Muisk running at the camera and headbutting it causing its batteries to combust
|
# ? May 23, 2019 12:33 |
|
https://twitter.com/markets/status/1131501792678821888?s=19
|
# ? May 23, 2019 12:52 |
|
please mark this not suitable for work as it is very arousing
|
# ? May 23, 2019 12:57 |
|
Trump trade war is good now
|
# ? May 23, 2019 13:04 |
|
Is it gonna break $175 today?
|
# ? May 23, 2019 13:05 |
|
i dont understand finance at all how much of musks net worth is tied up in the company
|
# ? May 23, 2019 13:07 |
|
i hate how invested i am in seeing this bullshit company fail just cause i want to see hundreds of millions of nerd hearts be torn asunder all at once
|
# ? May 23, 2019 13:09 |
|
cargo cult posted:i dont understand finance at all how much of musks net worth is tied up in the company pretty much all of it, except he's the son of a south african emerald mine owner so he will never be anything less than a hundred millionaire
|
# ? May 23, 2019 13:10 |
|
182.5 premarket
|
# ? May 23, 2019 13:10 |
|
cargo cult posted:i hate how invested i am in seeing this bullshit company fail just cause i want to see hundreds of millions of nerd hearts be torn asunder all at once you're not alone, I lust for bazinga tears in the depths of my shriveled black goon heart
|
# ? May 23, 2019 13:22 |
|
Margin call quote:Pretty sure I'm going to get stopped out of my leveraged position today for a big loss. Still have 40 actual shares which I will hold on to but man, this last month has been relentless. Relentless selling and relentless negative press. Thankfully Tesla is not all of my portfolio but I feel very sorry for those people who went in big.
|
# ? May 23, 2019 13:30 |
|
I had seen places saying mathematically the next place for a margin call is 187. I bet it's going to be at 150 for maximum blue balls but it'll still be hilarious. Ain't no stoppin this single occupancy underground insanely slow train we're on.
|
# ? May 23, 2019 13:37 |
|
right into my veins: Just bought 18 more shares. Come at me shorts! What is your average purchase price now? Bought at 320, 220 and now 180. I got 5k losses on Tesla now, but atleast crypto is making up for the losses.
|
# ? May 23, 2019 13:39 |
|
cargo cult posted:i hate how invested i am in seeing this bullshit company fail just cause i want to see hundreds of millions of nerd hearts be torn asunder all at once this is the noblest of causes
|
# ? May 23, 2019 13:40 |
|
Happy Noodle Boy posted:I got 5k losses on Tesla now, but atleast crypto is making up for the losses. amazing
|
# ? May 23, 2019 13:46 |
That can't possibly be true! This totally real and perfectly timed - not in a suspicious way! - email just leaked saying it's going to be the best quarter ever!
|
|
# ? May 23, 2019 13:49 |
|
Jesus this is turning into a bloodbath I can't imagine that many people will want to buy Tesla's while the company is imploding. And now trump and the trade war are loving them over Just lmao
|
# ? May 23, 2019 13:56 |
|
Happy Noodle Boy posted:right into my veins: i got bingo
|
# ? May 23, 2019 14:02 |
|
Lote posted:Margin call Some dutch guy with a bell yelling in the marketplace posted:
|
# ? May 23, 2019 14:03 |
|
infernal machines posted:amazing I was going to make a joke about that, but I realised there was literally nowhere I could take it which would be more ridiculous than what they already wrote.
|
# ? May 23, 2019 14:08 |
|
|
# ? May 12, 2024 01:20 |
|
Rex-Goliath posted:i got bingo Bazingo
|
# ? May 23, 2019 14:13 |