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Are you also investing in Tesla?
- Thread starter Fr23shjive
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dmckinstry
Model X 2019
If it does $50/share by the time I have to order, I can use just 600 of my shares, combined with the $5000 deposit, 20k in CDs, a little from my IRA and the rest from a credit union loan.
Well, the $35k should have fired in a limit order at $28 this morning (can't get to the account from work, so I can only assume). Here's hoping for the best. If TSLA does poorly, I'll be doubly out. Less money and unable to buy the Model S. If it hits $40, I could afford the performance model, though convincing the wife of that would then be another not so insignificant hurdle
Tesla Loses Two Model S Executives Before Sedan Makes Debut
Wow, now down 2.66 to 25.59. Is there some news that we have not heard of yet?
Wow, now down 2.66 to 25.59. Is there some news that we have not heard of yet?
Of course it is. I've bought stock maybe 4 times in my life now. Every single time, it dived immediately (within hours) of when I buy. Looks like what, the biggest, 2nd biggest single day decline in months? I'm in for probably at least another 7-8 months before I'd need the cash, but this just makes the amount I have to get out of it that much less likely.
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Citizen-T
Active Member
Tesla Loses Two Model S Executives Before Sedan Makes Debut; Shares Slump - Bloomberg
*sigh* I'm truly cursed. The most money I put into stock in my entire life and I do it literally hours before something like this.
*sigh* I'm truly cursed. The most money I put into stock in my entire life and I do it literally hours before something like this.
Citizen-T
Active Member
Yeah, that was certainly bad timing ckessel. I'm a bit nervous about Rawlinson leaving. That is pretty unsettling. I would like to know why. He couldn't make it until this summer?
Citizen-T
Active Member
Ok, I think we are approaching ridiculous here. The price is now back to where it was before the Oct. event. I don't want to jump in front of this train, but this is getting really tempting.
So much for buying again at 27. Yeah, following this stock will probably drive you nuts. This is a long haul type stock I think. Invest for a few years and hope they do well.
I'm surprised to see Peter Rawlinson go though. I thought he was an important part of the team.
Jeez. Down to 22. Maybe time to buy more? This is crazy.
I'm surprised to see Peter Rawlinson go though. I thought he was an important part of the team.
Jeez. Down to 22. Maybe time to buy more? This is crazy.
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I didn't need it to go up necessarily. I needed it to not plummet though since I'm only in for about 7-8 months. +/-10% wouldn't have mattered much.
This drop puts an awfully big dent in my ability to get the Model S and now I'm stuck. If Tesla completely crashes, I'm out about 3 years worth of savings. Just unreal timing.
This drop puts an awfully big dent in my ability to get the Model S and now I'm stuck. If Tesla completely crashes, I'm out about 3 years worth of savings. Just unreal timing.
I just bought more options this morning!!! If I only would have waited a couple more hours I would have got them cheap! That aside, this is kind of disturbing. I mean I am sure we all want to know why??????????? This is kind of a big deal happening so close to the rollout of the S. My guess is there is good reason for it.
Citizen-T
Active Member
Don't panic yet. If Elon announces a $1B deal with Toyota on the upcoming conference call, this drop will be erased in a single day. Also, I don't think the market has any idea how many reservations have been made in the 4th quarter, and we have the Model X event coming up.
No doubt, this hurts (and on my birthday too, thanks a lot). But I think the next few months still look really good.
No doubt, this hurts (and on my birthday too, thanks a lot). But I think the next few months still look really good.
Mycroft
Life happens
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