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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,263
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Sorry, but I feel no pity for investors who bought into a company that has made no profit, was largely government funded by an administration that is now gone, has well known quality and delivery issues associated with their product, has well known personnel and management issues, has a CEO that frequently makes questionable public statements regarding the company/product, and is competing in a global industry well known for being competitive and low margin. People are buying based on Musk hype, nothing more, and when that eventually dissolves the investors will be left holding the bag.
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Make Bruins Great Again
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On a lighter side note, most folks know what a BFH is.
I wonder if Musk taking a hit on the doobie when he named his rocket BFR? As far as the investors are concerned... they are probably happy with Musk as long as they keep smoking as well
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-------------------------------------- Joe See Porsche run. Run, Porsche, Run: `87 911 Carrera |
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Banned
Join Date: Jan 2007
Posts: 8,509
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SCRuf that was drop dead funny...never call anyone a goat fker unless you have...signed affidavit from goat.
I roared..... |
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1986 Bosch Icon Wipers coupe. |
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Basically, almost anyone who holds TSLA is sittting on a massive profit. The stock is still near all time highs. He's made a LOT of people rich. ![]()
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1986 Bosch Icon Wipers coupe. |
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Join Date: Dec 2007
Posts: 1,231
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Gon fix it with me hammer
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If they are now sitting on massive profit, it would be illogical to keep sitting on it.
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Stijn Vandamme EX911STARGA73EX92477EX94484EX944S8890MPHPINBALLMACHINEAKAEX987C2007 BIMDIESELBMW116D2019 |
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,263
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That's what baffles me. How many more red flags do you need?
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Kool-Aid is an addictive drink.
The sycophants will hold to $0
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1986 Bosch Icon Wipers coupe. |
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Asset bubbles are largely a product of human psychology. Witness the RE boom in the early 2000's and the crash in the late 2000's. This is no different.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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Get off my lawn!
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I see today the SEC has decided to get serious about Musk.
https://www.cnbc.com/2018/09/27/tesla-falls-4percent-on-report-elon-musk-sued-by-sec.html ![]() ![]()
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Join Date: Aug 2000
Location: a wretched hive of scum and villainy
Posts: 55,652
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Zoom out. The stock has along way to go.
People are still sitting on massive profits. ![]()
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1986 Bosch Icon Wipers coupe. |
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Make Bruins Great Again
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I agree with sugarwood. Everyone should buy tons of Tesla stock. All you can. Take a second mortgage if you have to. Don't sell any of it. Ever.
Elon has promised us everything will be fine, or, the world will end and iff you don't agree you must be a "pedo". ![]()
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-------------------------------------- Joe See Porsche run. Run, Porsche, Run: `87 911 Carrera |
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That's not what I said. TSLA is going to $0. But be clear, people have not lost money yet. They're sitting on huge profits.
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1986 Bosch Icon Wipers coupe. |
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,263
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Which begs the question - why hold? So many reasons to sell, why hold?
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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It will not go to zero, it will be purchased/rescued by a primetime player before that would happen. There is a ton of value in the intangibles of Tesla; it's damn hard work building a cult from scratch, much easier to buy one off the shelf.
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Cornpoppin' Pony Soldier |
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Join Date: May 2017
Posts: 15,530
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I owned some stock. Damn near a triple in 4 years. Sold it all last year.
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Make Bruins Great Again
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Either way, everyone needs to hold onto TSLA stock no matter what. Messiah Elon must be supported.
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-------------------------------------- Joe See Porsche run. Run, Porsche, Run: `87 911 Carrera |
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Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,257
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What a great buying opportunity Friday was.
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Tru6 Restoration & Design |
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