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Old 06-27-2016, 11:23 AM  
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Old 12-18-2020, 01:30 PM   #6361
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I keep pondering the S&P thing relative to the runup we've had this year. You've got to think that a lot of insiders knew it was going to get added at some point, and a lot of index fund managers would have known as well.

I have no idea of legalities and stuff, but if I was an index fund manager I would've found a way to buy the stock early even if I can't yet do it in the index fund. But it seems like they could buy it into some other fund that they manage to hedge, right? I just keep wondering if the S&P runup is what happened over the past year.

But then again, I know nothing about how those funds operate.
Could be but I think private sectors bought in once the addition to S&P was announced.
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Old 12-18-2020, 01:32 PM   #6362
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Avg volume 10 days is 53m. Right now it's already at 63m
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Old 12-18-2020, 01:59 PM   #6363
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Avg volume 10 days is 53m. Right now it's already at 63m
The other interesting part is that other stocks will be selling off to rebalance index funds. For every action, there is an equal and opposite reaction, I guess.

https://www.cnbc.com/2020/12/18/trad...he-sp-500.html
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Old 12-18-2020, 02:03 PM   #6364
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How weird. The post froze and I couldn't type in it. I was going to type that the impact on the other 499 stocks will be pretty diluted, but it'll still be downward pressure on them to sell off, counterbalanced by upward pressure that's concentrated on TSLA.

I'm hoping to make some money off of this.
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Old 12-18-2020, 02:10 PM   #6365
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The other interesting part is that other stocks will be selling off to rebalance index funds. For every action, there is an equal and opposite reaction, I guess.

https://www.cnbc.com/2020/12/18/trad...he-sp-500.html
Volume at 71m now and on fire
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Old 12-18-2020, 04:18 PM   #6366
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Closed at 695 .Sweet!
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Old 12-18-2020, 04:24 PM   #6367
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Just saw some guru on CNBC say $2300 long term
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Old 12-18-2020, 04:26 PM   #6368
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218 mil vol . Holy shit!
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Old 12-18-2020, 04:28 PM   #6369
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Originally Posted by Hog's Gone Fishin View Post
Just saw some guru on CNBC say $2300 long term
If you were in pre-split, aren't we closing on like 4k?
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Old 12-18-2020, 04:54 PM   #6370
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If you were in pre-split, aren't we closing on like 4k?

yep, but the new target is post split
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Old 12-18-2020, 04:56 PM   #6371
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Just saw some guru on CNBC say $2300 long term
(Checks on the price of two chicks at the same time.)
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Old 12-19-2020, 04:36 AM   #6372
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That sounds pretty awesome. Are you able to buy low during the pandemic, or is it in an area where it's been able to hold a customer base?
It is up in the Smokey mountains. The only time there was a down month was the month everyone had to shutdown.
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Old 12-20-2020, 09:48 AM   #6373
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(Checks on the price of two chicks at the same time.)
Hang on Rainman. I think we're talking 5 chicks now!

Edit , gotta back it up to the beginning .I can't start it there.
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Old 12-20-2020, 10:31 AM   #6374
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Old 12-20-2020, 12:01 PM   #6375
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Hang on Rainman. I think we're talking 5 chicks now!

Edit , gotta back it up to the beginning .I can't start it there.
This analysis seems flawed on the premise to me, in that my initial research indicates that there are only a few hundred thousand taxis in the US, while he supposes putting 2M taxis and adding that plus 50% growth in the number of taxis each year.
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