Tesla: The Great Short

[sammyg2]

Tesla just seemed to waller around between 1450 and 1500 so I dumped the $$ into 90 shares of cvx at 88.
Its woke and up to 92 pre-market. Sell order is in at $120 (maybe a year from now).

Fun game, see how long it takes to turn the original $3200 into 10k. It's over $8k now.
It's easy when it's easy but not when it's hard.

Prolly won't be as fun when it starts going the other way, but that's why I'm playing small.

Es-Em-all. Small.
Let's see who gets that really obscure movie reference. At least it's car-related
LOL it's also related to the threat title sort of.

[sammyg2]

shorty.

[trader220]

Five for one stock split. So this things going higher now. At least for the short run.

[sammyg2]

closed at 1374, and shot up to 1454 after hours. Still sketchy.
I'm kinda burned out on it for now, onto bigger and better things.

One word, PLASTICS!

now watch, it'll jump 20% overnight

[biosurfer1]

Originally Posted by trader220

Five for one stock split. So this things going higher now. At least for the short run.

Ah the stock split pump...what an odd duck for sure.

"This whole cake is $100, but once I cut it into 4th's, each 1/4 is now $30...SOLD!"

[dan79brooklyn]

Woweee!
I had a sell order at $2000 per share. So my five shares sold. I made a profit of $7,411.
Not bad for a casual investor
What should I do with the 10Gs in my vanguard account? I don’t need the cash.
Any advice? Put it back into the S&P.... or?

[RWebb]

how's your bond allocation?

[dan79brooklyn]

Originally Posted by RWebb

how's your bond allocation?

I don’t have any bond investments. What should I be looking at? I’m 43 years old with two kids for what it’s worth. I don’t have much long term savings
I’m a live for the moment kind of person.

[RWebb]

jut a general bond fund with low low expenses

[svandamme]

[legion]

Tesla will rebound. Musk is a showman and he has other tricks up his sleeve. Isn't this about the time that Tesla announces another new product?

You'd think that Tesla was the clear market leader in at least two major industries given its market capitalization, but instead it's a small, boutique player in the auto industry with a fiercely loyal fanbase that is willing to overlook the vehicles' flaws and build-quality issues. This enthusiasm obscures the reality of the company: even at current stock prices, Tesla would have to manufacture every new vehicle sold on the planet at an obscene profit margin for its stock price/market cap to be justified.

While the company should have gone out of business years ago, it will continue on in its current form for at least another 5-10 years. If the number of people killed while beta testing prematurely released autonomous driving technology can't sink this company, no rational reason can. Instead, what will happen is the next shiny thing will come along and Tesla won't be as new and exciting anymore.

[GH85Carrera]

From what I read, most of the "tech" stocks took a hit yesterday. Apple, Microsoft and others all took a hit.

[sammyg2]

Tesla, Inc. (TSLA)
385.75-38.48 (-9.07%)
As of 12:20PM EDT. Market open.

it took a big hit after battery day dud. buy on rumor sell on fact.
I may be a buyer next week, we'll see.

[legion]

What is Tesla's P/E ratio?

[sammyg2]

Originally Posted by dan79brooklyn

Woweee!
I had a sell order at $2000 per share. So my five shares sold. I made a profit of $7,411.
Not bad for a casual investor
What should I do with the 10Gs in my vanguard account? I don’t need the cash.
Any advice? Put it back into the S&P.... or?

Some would suggest keeping it in cash, at least until after the third week in October.
Then SPY or QQQ ... MIGHT be a play.

Your mileage may vary.

[sammyg2]

Originally Posted by legion

What is Tesla's P/E ratio?

LOL, good one.


PE Ratio (TTM) 999.79

[biosurfer1]

So the plan is to announce a $25,000 Tesla while people are still waiting for the $35,000 Tesla?

[group911@aol.co]

Originally Posted by sammyg2

Tesla, Inc. (TSLA)
385.75-38.48 (-9.07%)
As of 12:20PM EDT. Market open.

it took a big hit after battery day dud. buy on rumor sell on fact.
I may be a buyer next week, we'll see.

And, what "fact" is going to change next week?

[sammyg2]

Originally Posted by group911@aol.co

And, what "fact" is going to change next week?

Buy on rumor, sell on fact. The fact was yesterday and today, the battery day. People sold, the price went down a lot.

Next week might bring new rumors causing a run-up, or at least recovery. Stay tuned.

See, that's what we call a .... .drumroll .... RUMOR!

[svandamme]

new rumor is the lawsuit against trump administration for import taxes on tesla parts bought in china... fact day will be when most likely it get's thrown out of court for having no basis.