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matt.sulli42
13 Th10 2016 11:00

TSLA short 

Mô tả

Aroon = bullish, other indicators mixed. I would have my stop losses around 19.8 and expect a rise of .38 to 20.20 if SCTY goes up

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By TSLA short, I meant SCTY short...lol somebody bring me some coffee this morning
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dan87951
IMO there are too many positive catalyst on scty to be short.
matt.sulli42
Such as? (TSLA merger = all stock deal)
dan87951
Record Tesla deliveries, vote for merger has been set (Nov 17th), no additional capital needed for 2016, no additional debt will be needed for purposed merger, new product launch on 10/17, solor roofs,new power wall, etc.

"SolarCity’s CEO, Lyndon Rive, said this week that the company should “definitely increase forecasts” for next year because of the upcoming new products that the company will unveil in a joint event with Tesla at the end of the month."
matt.sulli42
so you're bullish on both TSLA and SCTY if I understand correctly
dan87951
Yes, but more so on SolarCity as its the better buy, especially if you want Tesla. If you buy SolarCity now at yesterdays 19.99 closing price its like getting Tesla at 181 a share. Obviously this is all dependent on if the merger goes through which I think it will. Either way good luck with whatever strategy you choose.
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