Member Info for Chiefchuma

I used schadenfreude as an expression to stipulate that this is not my intention. Please accept my sincerest apologies. Enjoy!

I see what you mean. Earlier I was asking which outcome would be more profitable in terms of compounding gains, a slow steady decline in Tesla share price or a big price drop in a short space of time. It seems this is taken into account as a variable and can have an impact on price. Is that correct? I will try and query with the granite guys as ETFs really are complex when they leveraged in this way

Look im not one to rub salt in other people's wounds even if they mocked my short position earlier. My sympathies for all who invested livelihoods into this. I'm a good sport and wish you all well and hope you diversified your portfolios to withstand potential losses. This is life, we win some and we lose some. Peace and love!

Yes the intraday performance percentage resets every 12 hours. It basically starts at 0% on each trading day and does not carry yesterday's performance over to the next day. Although the value does depreciate or appreciates depending on the value of Tesla, the percentage is alway at zero at the start of each day. In terms of value reset, I'm not totally sure about how granite calculate some of the figures they take into account but I can alway contact them and ask as they are very quick to answer the phone or respond to my emails. I contact them frequently about their other Etfs. Tesla is falling hard. We are eating! But it's nothing because in the back of my mind I'm still thinking about that 5m purchase of half a billion shares.

Just as we predicted and got attacked by the cult. It's finished! They refuse to save their money by selling whilst it still holds value. It will be a worthless bag of dog s**t when it hits rock bottom. Double digit figures if they are lucky. Penny stock is still a possibility when it all comes tumbling down. Take your money and run.

Jed, I already ride Tesla on the way up.and jumped off at $888 when I opened my shorts against this ridiculous monstrosity of a valuation. Tesla is not worth 10% of its current value. Harishkarunesh is right about competition from china and other car manufacturers becoming stronger. They have economies of scale and already have their own patented intellectual property in sustainable technology. The cult followers need to stop being too mentally lazy to research the wider market because Elon will do their thinking for them. Look around....we are still.atnthe clutches of OPEC and sustainable energy goals can always be pushed back by successive governments who pretty much always do anyways. The old leaders are not dead yet and real change will come later just not under Tesla alone. Besides, the old powers are still in firm control of human destiny and can not allow a gimmick like Tesla to just undermine their rule. My short is performing wonders and I like keeping an eye on sentiment.

So i take it you don't believe that we are in a bubble then..... Tututut okay let's see where this leads over the next few weeks. April will be testing for the Tesla shareholders. Right now the cracks are showing the weakness. The institutional investors are selling off silently and e en using thia opportunity to make an intentional loss so they can claim against their huge profits. The bag holders will cry.

The institutional selloff happened silently. Even cathy woods admitted that her current holdings are just there for the purpose of internationally making a loss so she can claim against her massive profits from the last huge profit gain she made. The retail investors are barely financially literate enough to understand the mafia of wall street. Elon and Cathy have secret meetings.

It's always hard to get quality data in reference to accurate holdings because data is distorted and market movements initiate holding changes. The last update I had was as follows:
Institutions: 403.86 Million shares
Strategic entities : 188.44 million shares
Others: 354.66 million shares
The value of institutional holdings is roughly around 172.41 billion dollars. The top 5 institutional holders are capital world investment, The vanguard group, Baillie Gifford, BlackRock, jennison associates. 42.61% is owned by institutional investors. Ownership is generally broken down into categories of owner type. You have investment managers at 11.92%, fund portfolios 27.92%, brokerage firms 2.76% and strategic entities such as individuals and Elon musk and other insiders at 19.99%. strategic entities have 189.44 million shares at roughly 16.5billion dollars.

If stimulus is negatively affecting growth stocks such as Tesla then this is the end of Tesla. It will become a penny stock like what happened to Aston Martin a few moons ago. The governments are stimulus mad at this time in history. They will print money until it's virtually worthless.

Hahaha No thanks, the only dip I buy is ketchup. :) The problem with buying the dip now is that Tesla has been dipping and recovering non stop and now it's a full share slide as a dip is not what is really happening. I don't want to become a bag holder. I thrive on feasting on the bag holders for their naïvety.

This is clearly not a dip. It is a cliff plunge. The cult followers are plunging and the bid ask spread is widening. Goooooodbye bubble cult.

Excellent stuff there, you posted the link twice now for all to see but the cult followers like coffee brain there still can't see because they are totally blind after forfeiting their eyes, minds and common sense to join the cult. Koffee has selective vision and hearing. He only sees good things and ignores the truth.

How is it working for you so far? :-/ not so good I see...even the stimulus bill is not helping.

It doesn't matter what fact or truth you tell the cult followers at Tesla, their minds have been so brainwashed by Elon's cult, they no longer have functional minds. All they no is buy and hold the Tesla bag of hot air. The facts are all there and Elon has a criminal past for stock swindling and market manipulation. https://www.sec.gov/news/press-release/2018-226

There are a few other variables to consider although I may not be entirely correct but the fees may also be taken into account plus I noticed that from 8am until 430pm UK GMT time, the 3sts ETF tracks the underlying performance of the Euro priced Deutsche Börse Xetra listed Tesla stock then from close after 430pm UK GMT time, it continues to fluctuate in price until the close of the USA listed Tesla Nasdaq stock. It's pretty much a constant price tracking and adjustment throughout the day, of the Tesla stock based on buys and sells. Usually from 230pm UK GMT there is a price movement because the American market opens for trade so the performance is reflected. It can be hard to disseminate where the accurate marker for real time pricing comes from as Tesla is a volume intensive stock that never stays at a steady price for prolonged periods of time. It wobbles, dips, rises and then one day it will just plummet to double digit figures.

Even the captain has abandoned ship. Let the believers ride to nowhere.

Tesla is all but a ticking time bomb just waiting to implode. Right now this company is on a life support machine and living on government subsidies and stimulus packages. The only buyers are retail cult followers who will suffer later down the line when the rag is pulled by institutional investors. We can wait longer than you can hold because the floor limit for us is so low and elastic enough to stretch when New highs are reached. Much like a lion waiting for a deer that has climbed a tree, we can wait until the meal comes to us.

Anyone see this large purchase of 510,533,893 shares of 3STS this morning for 5M? Perhaps Cathy woods has switched sides or someone has a feeling. If we do get a price correction then this holder or institutional buyer could be sitting on billions. Amazing!

Also to note, from time to time the minimum redemption value may be changed by the issuer (Granite shares) to adjust to Tesla's movement. Minimum redemption value can act like an elasticity of tolerance to bubble stocks. In the event that the stimulus cheques do push the price up to New highs of say $1200 as dreamt up by the cult, we may hopefully see an adjusted minimum redemption value. In short, it stops us getting wiped out early before the bubble bursts. I do hope they adjust this in line with the stimulus to come so we have a level playing field with the cult followers. If they can go high, we can go low and wait. They have to come down some time.