Yep, following the conventional wisdom (of diversifying) also cost me a few millions. When I left Amazon (after 11 years), I sold most of my stock options to avoid having too many eggs in one basket. Still I am luckier than a few of my colleagues (who sold everything), what I kept is still worth a couple millions. Live and learn!
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
navguy12
Active Member
The wakeup call happens when your cul de sac neighbours go to buy a new ICE vehicle and want to finance the purchase and are asked to provide collateral since that new ICE vehicle can no longer act as its own collateral.
No but nitrogen in the tires for sure.....maybe special window etching.So how much do you think Tesla dealers will markup the CT?Do the Ford dealers at least include undercoating and pin striping for that $30k?
Don't forget it's a smaller tranche this last one, so they say, completed sooner. Sure looked like continual selling pressure until suddenly there it was gone and it popped. Unfortunately the macros took a dump after that, plus Hedgies still would like the SP below 1100 for the Friday close...
IMHO, neither "Financial Planners", nor Real Estate agents are your friends; they have their own best interests in mind, not yours.
I mentioned, to both my venerable and trustworthy long-time accountant and the kindly fellow who runs the local office of the brokerage associated with the local credit union I have an account with, that I hoped they weren't giving folks bad advice that they should "diversify". Neither one of them said anything in reply, they just got really quiet all of a sudden...
I'm posting this as I pat myself on the back for NEVER diversifying, though I have made lots of other relatively small but quite costly mistakes...
I just now sold off all my bitcoin GBTC at a loss, going pure TSLA but need to understand something first... new territory for me. Thanks in advance.
I still have one Call and it's gradually coming back faster than decay, so I might ride it out TBD. Considered buying it at maturity or sell once green (soon I believe). It's a Jan 21 850 strike (paid way too much, still red). So if there's another TSLA correction and I have no cash, margin call time? I'd then have to sell a few shares to cover it, correct? But earning won't be out until after the 21st?
Choices (not options, lol):
1. Keep the option for now, buy more TSLA, but keep enough cash to cover if needed, or
2. Wait until Green and if it grows enough, try to own it by selling a few TSLA shares, or
3. Just dump it now and go all in? No margin worries, less risk of downside.
4. Other?
WWMD (What Would Musk Do?)
I still have one Call and it's gradually coming back faster than decay, so I might ride it out TBD. Considered buying it at maturity or sell once green (soon I believe). It's a Jan 21 850 strike (paid way too much, still red). So if there's another TSLA correction and I have no cash, margin call time? I'd then have to sell a few shares to cover it, correct? But earning won't be out until after the 21st?
Choices (not options, lol):
1. Keep the option for now, buy more TSLA, but keep enough cash to cover if needed, or
2. Wait until Green and if it grows enough, try to own it by selling a few TSLA shares, or
3. Just dump it now and go all in? No margin worries, less risk of downside.
4. Other?
WWMD (What Would Musk Do?)
The forms don't come out until well after trading ends for the day. Usually in the evening.
Sell a calendar call against it and make your money now - day before expiration close them out.
I.e. Sell a $1200 call against the $850 is $30 right now - or an $1150 for $45.
Then if it is more your upside is caped but you at least made some of the cash back.
Or option 2 is to roll it out a month and up a couple of strikes - you could free roll it to March 22' $900 right now and have plenty more time and limited downside.
Or like a million other things - but don't let it be wasted money.
Come visit us in the "other thread" if you want more specific "not advice"
So how much do you think Tesla dealers will markup the CT?
It is the rust protection package that will be the best seller for the CT
Wonder how much the dealers will charge for that
/s
navguy12
Active Member
Perhaps the two new factories will be producing enough product that every expected shorter term delivery date will slide to the left.
I'm pretty sure they aren't published until close of AH trading, no?
I hope surprise is massive production numbers
It'll be Dec sales numbers, not production number.......but it's clear the number will be good. Likely over 60k, maybe 65k since he seems to think it's a big surprise.
Hopefully it's a surprise like, "Wow, what a beat!" and not, "Wow, was expecting a much higher number!"
That would be some epic trolling.Hopefully it's a surprise like, "Wow, what a beat!" and not, "Wow, was expecting a much higher number!"
Luckily we have no reason to think production/sales would have dropped considering all the anecdotal evidence out there. Thus the only logical assumption is that the number will surprise as a much higher number than expected.
BitJam
Active Member
Elon Musk: SpaceX, Mars, Tesla Autopilot, Self-Driving, Robotics, and AI | Lex Fridman Podcast
RobDickinson
Active Member
Bought 25 more chairs today. Close to all in. Seems silly I didn’t decide this 5 days ago, but it’s gonna look cheap next year IMHO.
Decided to play the margin game today, after buying some real shares yesterday, bought some margin shares today. Hoping Musk causes one last dip tomorrow so i can buy a little more.
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