"MILK" (Milk)
08/07/2013 at 16:24 • Filed to: None
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"MILK" (Milk)
08/07/2013 at 16:24 • Filed to: None | 1
| 25 |
Huge surprise announcement, they posted a profit of 20 cents a share for the quarter on $405 million in revenue. As the morning shift mentioned earlier analysts had expected a loos of 17 cents a share on $383 million in revenue. Stock was up 14% in after hours trading.
TheBloody, Oppositelock lives on in our shitposts.
> MILK
08/07/2013 at 16:25 |
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Huh, how about that. Good for them.
PatBateman
> MILK
08/07/2013 at 16:27 |
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They make a great car.
Pardon me while I chew out a couple of stock analysts.
Victorious Secret
> PatBateman
08/07/2013 at 16:29 |
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Way ahead of you on that.
I'm literally pissed I didn't push myself or my dad to buy some in the beginning. Oh well.
Mosqvich
> MILK
08/07/2013 at 16:31 |
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Actually the price is down today due to market perception that their income from ZEV credits will be reduced. I imagine this latest news will buoy the price back up.
Nick, Drives a Cobalt LT
> MILK
08/07/2013 at 16:31 |
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Derp
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Mosqvich
> Mosqvich
08/07/2013 at 16:32 |
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Saracen
> Victorious Secret
08/07/2013 at 16:33 |
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I bought in immediately after they posted a profit, at around $80.
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MILK
> Mosqvich
08/07/2013 at 16:44 |
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Yeah, the 14% was after hours trading, never know where it will end up opening in the morning though.
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Mosqvich
> MILK
08/07/2013 at 16:49 |
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Having read the entire letter, I think some key things portend a bright outlook:
- International sales are kicking off this week
- Significant increase in R&D for the Model X, Right Hand Drive Version, and other localization issues in international markets
- ZEV income will grow and that's simple money in the bank
- Production is predicted for 40,000 Model S vehicles to be manufactured
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MILK
> Mosqvich
08/07/2013 at 16:53 |
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Damn hard not to buy right?
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MILK
> Mosqvich
08/07/2013 at 16:54 |
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BTW, whats TMMI if you don't mind me asking?
El Relámpago(LZone) - Humanity First!
> MILK
08/07/2013 at 16:55 |
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I bet he bought 1000 cars himself, just to annoy us.
Shady Balkan Subject, Drives an Alfa
> MILK
08/07/2013 at 16:57 |
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I am so mad that I didn't invest money when the IPO rolled out. I was one of those huge sceptics about tesla failing miserably...
RamblinRover Luxury-Yacht
> MILK
08/07/2013 at 17:06 |
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I wondered and wondered who looked like this too.
I realized in horror it was Cindy Lou Who.
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Mosqvich
> MILK
08/07/2013 at 17:08 |
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Ahhh, it's a firm that owns a technology for encoding and decoding digital video from 4K resolution down to a much smaller size and then back up to 4K. It can also "upgrade" 2K (1080p more or less) to 4K. Unfortunately, since I started watching it, it has dropped in half. So, no-buy from me. It's possible it could rebound, but it has a long way to go.
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Mosqvich
> MILK
08/07/2013 at 17:09 |
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By the way, I sold my TSLA yesterday at $144 or $145. I might regret it later, but I'm happy right now.
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RamblinRover Luxury-Yacht
> RamblinRover Luxury-Yacht
08/07/2013 at 17:10 |
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If I have to suffer the revelation, all of you do as well.
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Nick, Drives a Cobalt LT
> RamblinRover Luxury-Yacht
08/07/2013 at 17:11 |
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Fuck....I knew that face was really familiar.....
Is that Elon? I don't pay attention to how the owners of these companies look..
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Mosqvich
> Saracen
08/07/2013 at 17:12 |
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I bought in at $38
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RamblinRover Luxury-Yacht
> Nick, Drives a Cobalt LT
08/07/2013 at 17:21 |
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Yep, Elon Musk. Who is apparently a Dr. Seuss character, which either makes everything make sense or is confusing and alarming. Possibly both.
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Nick, Drives a Cobalt LT
> RamblinRover Luxury-Yacht
08/07/2013 at 17:24 |
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Him being Cindy Lou Who could have funded Tesla at the start originally....Who knows...
VincentMalamute-Kim
> Mosqvich
08/07/2013 at 18:34 |
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!@#&!!!! both of you!!!! If I buy now, it will go down, guaranteed.
The WB
> MILK
08/07/2013 at 18:41 |
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Eh, they may have posted a profit on the balance sheet, but they still posted a net income loss because of the 700 million increase in liabilities.
That's not unexpected in a company whose foremost concern is growth, I'm not saying I don't have faith in the company, just that it's only a profit on the balance sheet and they took on more debt.
I bought at 32 and cashed out at 120, so I'm just waiting for a big enough dip to get back in at a reasonable value. We'll see how the analysts dissect the earnings report, but I like to leave it to them. I think they make a good product and time will tell if the public likes it in the long term.
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The WB
> RamblinRover Luxury-Yacht
08/07/2013 at 18:42 |
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Fun fact: Cindy Lou Who is the frontwoman in a band called The Pretty Reckless.
Who saw that coming?
Ramblin Rover - The Vivisector of Solihull
> The WB
08/07/2013 at 19:07 |
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I wondered why that came up in the GIS. Odd that the adult Mr. Musk looks more like her child self than she does, but then again, epic amounts of eyeshadow tend to change one's looks a bit.