It is going up. But why?
I believe it’s a pump-n-dump ahead of the earnings call on April 23rd. Those results are not going to be good and I expect that that the big investors who are driving this will start selling off next week to cash in.
I suspect a pump and dump as well. Trump did a Tesla commercial to dupe the MAGAts into buying, now they will dump their stock and let it burn.
Its a stock that’s heavily played by traders, it moves just as much if not more based on the technicals than the fundamentals. Also, look up the wonderful financial term “dead dog bounce”.
You mean dead cat bounce I think?
Oh yeah, lol, thanks!
Surprised this wasn’t dead human bounce (or something better sounding related to humans) the way traders jumped during first major stock crash before great depression.
I think the March 24 jump was directly caused by stuff Trump said about Tesla and the protesters being terrorists.
The stock market casino, where the value of a company is based on someone making a comment about things unrelated to how the company operates.
But the comments do matter?
The stock market traded on speculation of future value, not current value. If tesla increases profit by $1M , their market cap doesnt increase by $1M. It increases or decreases by the speculative future value.
If protestors are going to be prosecuted, the perceived value of the company increases because theyre will be less negative press.
It also leads to, "what else is the president going to do to help musk’s company? " and that list is endless, and speculation runs wild.
The stock market traded on speculation of future value, not current value.
That’s what makes it a casino, because the future speculation isn’t based on anything tangible, just feelings that can be swayed by a single sentence and you never know what will actually happen. You can play the odds, and there are mostly consistent average changes, but individual stocks/bets are completely random and unpredictable.
The stock prices are a rubber band they need to go up some when they fall down so quickly
Tesla has airways had volitility. It goes up when musk overhype it, it goes down when tesla underdelivers. I had some stock and got off that roller coaster when the truck was unveiled. I stopped believing it was above board at all.
Sick nazi reference in the numbers though.
Sick nazi reference in the numbers though.
I missed it at a glance., thank you for brightening my morning!
$14.88 is an obnoxiously common price for temporary box display items at home depot. Gloves, kneeling pads, drill bit kits. Always gets an eyebrow from me
My assumption of good faith for it happening once is going for as close to $15 as possible but trying to avoid $14.99 because that is too obvious and just went to the next double number down.
But repeatedly? There is zero chance that nobody has pointed it out.
Stores will often use the cents portion of the price as an identifier for where it is on the markdown schedule. $xx.99 - that’s usually full price, the highest it will ever be. Others would be for things like “first markdown” or “don’t markdown” or “last markdown.”
There’s definitely some cents coding for clearance there. A $100 item will be identified as being removed from inventory when it goes to 1st clearance at 50.06, 2nd clearance at 25.03 or 25.02. There’s a whole game to find those items at the next stage, scrap or return to vendor, when it get pulled form the shelf and set to 0.01. But the order isn’t always perfect and you can get lucky if you find it and don’t get caught
Reddit comments say 88 is a “special buy” item. In my experience, that means freestanding box with a giant price tag
I still dont get what its supposed to mean. I guess its AD HH. I dont think I have to explain the 88, but what does the 14 stands for?
Thanks for The clarification.
Is the sales tax in your area 7.5% by any chance?
$16 x (100/107.5)= $14.88
I don’t see any gloves priced at 14.88 on their website at a quick check. I wonder if the store is trying to set a price that tallies to an even dollar amount and doesn’t know the connotation. I only recently learned about those numbers being associated so I would like to believe a benign explanation. Maybe you could ask to talk to a store manager next time you see it an make sure they know to avoid that price point.
That’s not my tax rate, although it’s a good guess. It occurs across a number of store sin my area, although all in the same state. My theoretical benign explanation is its an inventory code for short term items around holidays. I’ll probably be there later today and see what I can find
Found one item real quick, Husky Foam Kneeling pad. Same price of $14.88 for NYC, LA, Nebraska, and Delaware.
https://www.homedepot.com/p/Husky-Soft-Foam-Kneeling-Pad-90346/315303737
Welcome to Wall Street where the numbers are made up and the lines don’t matter
Get 10 friends.
Run into a McDonald’s and shout “Everyone get the MC Turd smoothie!”
Idiot buys it.
Do that a bunch of times over and over, with more idiots buying it.
At some point, someone realizes the MC Turd Smoothie tastes like poop. But it’s too late. You have too many idiots holding it so now they’re the 10 friends.
That’s the stock market.
Hmm. The lines are why it doesn’t matter.
The stock went down when Tesla’s sales numbers for the first quarter of 2025 got out and showed a decrease of sold vehicles, on top of Musk’s shenanigans and the protests at Tesla showrooms. Now these events have been “priced in” and the stock operates on vague estimates and wishful thinking again until the next slew of substantial bad news hits, at the latest when the next quarterly numbers are due.
Q1 2025 is almost over and there has been no realistic counterbalance against the crimes and coups. Investors are growing comfortable with the new world order. Like many Americans, the wealthy believe that if the riots haven’t started yet, they never will.
Like many Americans, the wealthy have forgotten how bad the 1930s were. Many think they will “cash in” on a downturn but the truth is the wealthy are just short-sighted idiots. The only difference this time is public access to information and communication. I’m not a time traveller believing that the internet will bring us together, but I do think it was a lot harder to plan a fun outing with your friends before wireless telecommunications.
Corporate profits dropped from $10 billion in 1929 to $1 billion in 1932. You might think “oh they still made profit” but a 90% decrease is devastating to a group like that, and it wasn’t evenly distributed. Many wealthy became decidedly not wealthy. And they still had to live in a world where society had broken down and dust storms hit the United States capitol building.
It took decades for them to rebuild their monopolies, bring down the tax rates, and tear up the market regulations again. Without WW2 and reagonomics the wealthy may never have recovered their power over the world economy. I guess what I’m saying is buckle up for the 30s and 40s everybody. If you happen to get a choice between dishonor and war again, choose the fucking war.
Since the end of febuary the whole market dropped such that it lost about six months of value and then stablelized and is going up keeping about the 6 month loss. This is why articles about modern dips crack me up as they are nothing compared to real one. The market is completely unhooked to any actual value. The crash in 2000 lost about 5 years of value and the 2008 one lost about 7 years. 2000 took two years to fall while 2008 took one. The great depression lost 19 years of profit and took about 3 years. If what we have is like then we will know by end of year as it takes a series of drops while folks with the money to do so buy the fake bottom.
Options expire Friday.
Allegedly it’s elons brother kimble doing market manipulation
From what I’ve heard, the tariffs affecting cars/autos will impact other manufacturers. There are always day traders looking to make a few bucks from a bounce.
Personally, I expect Tesla to crash after the next quarterly report (probably in late April). I’m curious to see how Rivian stock goes, it might stabilize from so many looking for an EV alternative.
It fell from 450 to 200 in less than three months. It’s completely normal that it bounces off some target prices.
Also, I don’t See what you see
It’s also a very heavily manipulated stock and some GOP begged on FOX news to buy tesla. They will get shaken off pretty soon and could cause the price to tumble way stronger.
It’s price even after dropping a shitton is completely stupid
Indeed.
9 months ago it dropped down to $100, which is still massively overvalued.
I was convinced it would never make it above 300 again once it was under, but then came the trump rally.
Do you know what the value should be considering it’s PE and whatnot? And whatever that is, is going to take a dive once the sales impacts are fully felt in the coming quarters. International sales are going to evaporate. Domestic probably as well. Prices going to increase from tariffs and supply chain issues. And competitors are making them look amateur in terms of build quality. Oh and Cyber Truck.
Not really. I did a very broad estimation two years ago, by comparing them to the biggest car companies that also ventured into energy, robotics and many other things.
The very best price I could put them to was $30 per share. I was very generous back then and expected them to progress instead of regress, and also pretended they were as established as the big old.
But other than my name would suggest, I’m not some trading expert and should be taken as serious as anyone else that shits into the void
I think the highest I’ve heard someone claim their share price based on actual profitablity was around $100 or so, which is still far lower than current.
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I like the stock.
How’s the GameStop doing?
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Up about 16% today. During yesterday’s earnings report, the board announced that they approved the buying and selling of cryptocurrencies with their $4.7-billion of cash on hand.
Presumably the president saying that it’s going to use the entire federal executive to boost a single failing company’s shortcomings is good for buyer confidence. At this point it should be nationalized for as much money has been handed to that company from our pockets.
