Seth Otterstad (OP)
|
|
August 23, 2013, 02:49:39 PM |
|
I want to short tesla. What is the best way to do this reasonably fast? I have a US and UK bank account if converting to fiat first is the best way.
|
|
|
|
|
|
|
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
dRMergatroid
Newbie
Offline
Activity: 41
Merit: 0
|
|
August 24, 2013, 09:39:45 PM |
|
Ha. That's funny. 115 views and no reply.
Why don't you try a broker.
or a friend with a brokerage account...
|
|
|
|
BrightAnarchist
Donator
Legendary
Offline
Activity: 853
Merit: 1000
|
|
August 24, 2013, 09:43:22 PM |
|
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.
|
|
|
|
stslimited
|
|
August 24, 2013, 11:36:53 PM |
|
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.
so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say it finally crashed to $70 over multiple quarters, and declined a little further below an expected value Tesla is following a very similar story, regarding debt and share price increases
|
|
|
|
cryptoanarchist
Legendary
Offline
Activity: 1120
Merit: 1003
|
|
August 24, 2013, 11:39:27 PM |
|
Is it overbought? I see them all over the place in LA.
|
I'm grumpy!!
|
|
|
|
Seth Otterstad (OP)
|
|
August 25, 2013, 04:02:40 AM |
|
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.
so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say it finally crashed to $70 over multiple quarters, and declined a little further below an expected value Tesla is following a very similar story, regarding debt and share price increases I don't see how netflix supports this position, since it was at $63 one year after it was at $140. I see that if I shorted at $140, I would have been squeezed out of my short at $280 and forced to buy back, eliminating any gain from the crash. I don't consider a short squeeze a problem with Tesla, because if the price doubles in a year, putting it near GM market cap, I will want to short it with a position several times larger than the position I am currently looking at. Tesla has sold 15,000 vehicles. GM sells 15,000 every two days. Is it overbought? I see them all over the place in LA.
Almost half of Tesla sales are to California. What you are seeing is not representative of the US market.
|
|
|
|
stslimited
|
|
August 25, 2013, 07:25:23 AM |
|
Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.
so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say it finally crashed to $70 over multiple quarters, and declined a little further below an expected value Tesla is following a very similar story, regarding debt and share price increases I don't see how netflix supports this position, since it was at $63 one year after it was at $140. I see that if I shorted at $140, I would have been squeezed out of my short at $280 and forced to buy back, eliminating any gain from the crash. I don't consider a short squeeze a problem with Tesla, because if the price doubles in a year, putting it near GM market cap, I will want to short it with a position several times larger than the position I am currently looking at. Tesla has sold 15,000 vehicles. GM sells 15,000 every two days. Is it overbought? I see them all over the place in LA.
Almost half of Tesla sales are to California. What you are seeing is not representative of the US market. The market can stay irrational longer than you can stay solvent.
|
|
|
|
redbeans2012
|
|
August 25, 2013, 07:28:37 AM |
|
Isn't there a place on tor where you can buy stocks using bitocin? Look for it.
|
|
|
|
Seth Otterstad (OP)
|
|
August 25, 2013, 08:33:20 PM |
|
The market can stay irrational longer than you can stay solvent.
If I were risking my own solvency, I would agree. Tesla stock would have to hit 1k for me to risk I can't believe no one runs a bucket shop that accepts bitcoin. Maybe I should start one. I am not going to risk a lot of money on a tor site.
|
|
|
|
kokojie
Legendary
Offline
Activity: 1806
Merit: 1003
|
|
August 25, 2013, 08:42:41 PM |
|
Is it overbought? I see them all over the place in LA.
I think they are. Ferrari market cap 7.7B. Tesla currently nearly 20B
|
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
|
|
|
joesmoe2012
|
|
August 25, 2013, 08:50:26 PM |
|
The market can stay irrational longer than you can stay solvent.
If I were risking my own solvency, I would agree. Tesla stock would have to hit 1k for me to risk I can't believe no one runs a bucket shop that accepts bitcoin. Maybe I should start one. I am not going to risk a lot of money on a tor site. I think because of regulation it would be too difficult to do.
|
|
|
|
bizz
|
|
August 26, 2013, 08:13:23 PM |
|
1broker.com offers CFDs on few US stocks but not on Tesla I think. Maybe try to contact owner to see if he wants to include it.
|
|
|
|
|