And even more institutional money may be about to leave Tesla. The
company issued $660 million in convertible bonds in May. Investors
holding those bonds, mostly professional investors, can convert
them into common stock at $124 a share starting tomorrow, October
1. The stock is trading for more than $193 a share today. So a
massive number of shares could hit the market starting tomorrow,
which would push down the price.
I love to combine
technical analysis with news of this sort.
The community is delayed by three days for non registered users.
CMI
Posted by morton13 on 10th of Oct 2013 at 05:34 pm
daily, well run co. has a chance to break out.
WTW
Posted by morton13 on 10th of Oct 2013 at 01:35 pm
daily, may breakout this time.
XOM
What's up with XOM?
Posted by morton13 on 10th of Oct 2013 at 11:03 am
daily, here's my chart which i just reviewed the other day.
CBRL
Posted by morton13 on 10th of Oct 2013 at 10:52 am
daily, has been consolidating, close to a breakout.
SM
Posted by morton13 on 10th of Oct 2013 at 10:45 am
daily, ($5.4 Billion market cap) oil producer with big exposure to Eagle Ford shale which is a massive field in southwestern Texas.
LNG
Posted by morton13 on 10th of Oct 2013 at 09:28 am
daily, update, has held up very well.
nice chart and job Carl!
UVXY
Posted by morton13 on 9th of Oct 2013 at 02:59 pm
XONE
Posted by morton13 on 9th of Oct 2013 at 02:33 pm
sure is bucking the trend.
Another point on TSLA
Posted by morton13 on 9th of Oct 2013 at 11:19 am
from one of my newsletters:
And even more institutional money may be about to leave Tesla. The company issued $660 million in convertible bonds in May. Investors holding those bonds, mostly professional investors, can convert them into common stock at $124 a share starting tomorrow, October 1. The stock is trading for more than $193 a share today. So a massive number of shares could hit the market starting tomorrow, which would push down the price.
I love to combine technical analysis with news of this sort.
thanks, its pays to never fall in love with a stock, better to trade!
TSLA
Posted by morton13 on 9th of Oct 2013 at 11:11 am
ECYT
Posted by morton13 on 9th of Oct 2013 at 11:02 am
daily, getting slammed.
YGE
Posted by morton13 on 9th of Oct 2013 at 09:56 am
daily, had a nice run and closed as it lost its trendline.
TSL
Posted by morton13 on 9th of Oct 2013 at 09:53 am
daily, closed yesterday after it couldnt hold its new high.
TSLA
Posted by morton13 on 9th of Oct 2013 at 09:52 am
daily, getting thumped..
TSLA
Posted by morton13 on 8th of Oct 2013 at 12:11 pm
daily, went short.
DDD
Posted by morton13 on 8th of Oct 2013 at 12:09 pm
daily, losing its trendline.
but dont let me stop you from shorting as the market is in correction mode, definitely!
TSL
Posted by morton13 on 8th of Oct 2013 at 11:41 am
no i'm still long a 1/2 position but may close if support here doesnt hold.
TSL
Posted by morton13 on 8th of Oct 2013 at 11:39 am
YHOO
Posted by morton13 on 8th of Oct 2013 at 10:40 am
daily, looks like its run is over for now.
QCOR
Posted by morton13 on 7th of Oct 2013 at 04:00 pm
daily, possible short play