Stocks and Trading Thread - Channeling your inner Mono

[garbon]

I'm not really worried about stock.

.........and yet it is crucial if you want to make a really nice soup 

I'm a simple soup maker

https://www.knorr.com/uk/knorr-products/stock-pots/beef-stock-pot.html

[Tamas]

So it'd seem we are back to a see-saw market bouncing  up and down in a very tight range.

I think if there are any sudden moves out of this it will be downwards.

[Richard Hakluyt]

I'm still staying out waiting for the crash 

[mongers]

I'm still staying out waiting for the crash 

Will there ever be a sudden unrecoverable crash during this crisis?

Or will we see a sea-sawing gradual decline as market players/forces realise the magnitude of the economic damage done and the future nature of commerce and international trade/industries? 

[Admiral Yi]

Will there ever be a sudden unrecoverable crash during this crisis?

Or will we see a sea-sawing gradual decline as market players/forces realise the magnitude of the economic damage done and the future nature of commerce and international trade/industries?

How about a see-sawing decline, offering the false hope of a better tomorrow, followed by a cataclysmic decline as we realize all is lost?  Your options are not complete mongers. 

I've got about a third of investable funds waiting for that retest of the bottom that Gollum looking dude warned about.  Also that UI bonus is going in.

[Habbaku]

I've got about a third of investable funds waiting for that retest of the bottom that Gollum looking dude warned about.

How did you get pictures of me?

[mongers]

Will there ever be a sudden unrecoverable crash during this crisis?

Or will we see a sea-sawing gradual decline as market players/forces realise the magnitude of the economic damage done and the future nature of commerce and international trade/industries?

How about a see-sawing decline, offering the false hope of a better tomorrow, followed by a cataclysmic decline as we realize all is lost?  Your options are not complete mongers. 

....

[The Larch]

Any Tesla stockholders in the room? 

Elon Musk tweet wipes $14bn off Tesla's value

Tesla's founder Elon Musk wiped $14bn off its value after tweeting its share price was too high in his opinion.

The tweet also knocked $3bn off Mr Musk's own stake in Tesla as investors promptly bailed out of the company.

"Tesla stock price is too high imo," he said, one of several tweets that included a vow to sell his possessions.

In other tweets, he said his girlfriend was mad at him, while another simply read: "Rage, rage against the dying of the light of consciousness."

In 2018, a tweet about Tesla's future on the New York stock market led to regulators fining him $20m and agreeing to have all further posts on the platform pre-screened by lawyers.


'Headache'

The Wall Street Journal reported it had asked the billionaire if he was joking about the share price tweet and whether it had been vetted, receiving the reply "No".

Tesla's share price has surged this year, putting the electric carmaker's value at close to $100bn, a mark that would trigger a bonus payment of hundreds of millions of dollars to the entrepreneur.

"We view these Musk comments as tongue in cheek and it's Elon being Elon. It's certainly a headache for investors for him to venture into this area as his tweeting remains a hot button issue and [Wall] Street clearly is frustrated," Wedbush Securities analyst Daniel Ives told Reuters news agency.

In 2018, Mr Musk tweeted that he may have secured funding to possibly remove Tesla from the stock market and take it private, which again led to swings in the share price. The Securities and Exchange Commission judged it a market-moving comment, fined him and forced Tesla to put in place checks to ensure it did not happen again.

But last month, a federal judge said Tesla and Musk must face a lawsuit by shareholders over the going-private tweet, including a claim that Mr Musk intended to defraud them.

Earlier this week he tweeted to his 33.4 million followers some strong criticism of US stay-at-home restrictions because of the coronavirus pandemic. He also found himself in court last year after tweeting that a British diver was a "pedo guy".

Mr Musk said the promise to sell his possessions included his house, formerly owned by actor and producer Gene Wilder, and bought in 2013.

"One stipulation on sale," he tweeted, "I own Gene Wilder's old house. It cannot be torn down or lose any of its soul."

[Habbaku]

Only by proxy (through index funds). I don't touch TSLA--far too volatile.

[Admiral Yi]

Proud owner. 

Buy a Tesla!  Save the planet!  Impress the chicks!

[Tamas]

Sounds like Musk is building up his image to run for President.

[grumbler]

OK Grab On.  Don't buy Gilead stock. 

Everybody drink.

[mongers]

Looks like you're right.  Significant minority stakes in four carriers.

Don't really know what you mean by:

an industry buggered inthe short-run (the virus) vs it's more traditional American brand holding etc.

Well the ex-Sage has spoken, bails on the four airlines, admits getting into the industry was a big mistake.

Oh and announces 1Q loses of $50 billion.

[garbon]

Sounds like Musk is building up his image to run for President.

[Admiral Yi]

Is this it?  The Big V Shaped Recovery?  Asian markets are all up

I was scrolling through this thread and noticed I posted this one day after the bottom.