Quote:
Originally Posted by MysticLlama
My TSLA stock was a dog today at only +7%
XPEV (+34%), GP (+40%), LI (+16%), and NIO (+15%) were all quite a bit better. Too bad I only have a couple hundred bucks of each.
NKLA was up 12%, and though I have a couple of shares I'm still more than a bit dubious.
There will likely be a crash and burn or two on this broader list eventually I'd think.
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I got back into tsla around 390 and sold it just under 500 this last go around, no
regerts on that
I'm wondering what December will bring. Got a chunk O'cash sitting in cash and it's burning a hole in my pocket.
Do I let it sit or invest it?
Concerns are:
- possible December sell-off for tax purposes
- economy getting kilt again short term from shut downs
- delayed stimulus causing more havoc
I'm thinking we'll see a downturn over the next two to three weeks, with a recovery before the end of the year.
If that's the case I'd be better off sitting and waiting for the correction.
BUT... I really have no idea what will happen tomorrow/next week/next month.
Thoughts?