Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
MikeQ
Member
This is one of those times I'm happy that my TSLA is in my IRA and not my brokerage account.
You're pretty much right on all counts. Last March I was concerned about the sp drop. Not enough that I didn't take advantage of it but I was concerned the Corona virus thing could get a lot worse. Now I'm considering margin (for the first time) if the share price falls into the 500s. I'd probably ditch the margin if it dropped under 500 because, like I said, that's the point where I start thinking someone knows something I don't.
Does my post really come across like I'm making predictions? You're really not reading my post correctly.
just want to remind everyone there was a day like 6 months ago when tsla was down 20% premarket when it didnt get added to the s and p 500 on a friday
bkp_duke
Active Member
NASDAQ is a blood bath pre-market right now. This is a hard-core rotation out of tech and back into "value" stocks (whatever that means).
BUY DA DIP!!! Might be last chance to get in low before Tesla announces some real goodies soon.
BUY DA DIP!!! Might be last chance to get in low before Tesla announces some real goodies soon.
MikeQ
Member
I think people see COVID numbers heading in the right direction. Tech stocks were a safe place to put your money during the pandemic. Now people are moving things out of tech and into recovery stocks. Airlines, hotels, theaters. All these stocks are up.
mickificki
Member
bkp_duke
Active Member
Agreed. My AMD shares are getting hit hard as well, but the LEAPS are such a discount I'm loading up on them and will make a bundle.
With TSLA, the fundamentals are (temporarily) being ignored. $658 pre-market as of this post, which is nice dip to grab some shares on the cheap.
Cathie Wood is going to have a field day tomorrow if this keeps up.
MikeQ
Member
I went all cash yesterday. I'll buy back when it looks like we've hit a bottom.
Felt smart when I sold yesterday and bought this morning. Well, that did not last long..
650$!
650$!
They say you can’t time the market. That said, let us know when we are at the bottom so we all can get in. 661 premarket. It’s ugly but tempting to jump in now. Got 10 shares on Friday and kicking myself for not waiting. Then again, I just DCA and buy in Friday’s…. Hoping for another 10 this Friday if this keeps up.
ProfTournesol
Member
Looks like there will be a massive new pandemic or something.....
asburgers
Member
Lycanthrope
S3XY old dude
Tech, EV, renewables, all getting hammered in my watchlist. It's not $TSLA-specific, but I'm sure as hell that Shorty is magnifying the damage
Going to be one hell of a reversal though!
This is something like the 10th “rotation out of tech” so far this year. Maybe this will be the “big one” or maybe it will be like all the others and reverse itself quickly, to new highs. Impossible to predict short term moves.
There are likely going to be many more such volatile moves in tech stocks, and here’s why: there are two conflicting things that are becoming increasingly evident to many investors: First, that the p/e’s of tech stocks are very high, and second that tech companies are going to experience substantial growth in the coming decade.
With p/e’s this high, the weak hands are going to fold every time there is the slightest correction. But my money is on p/e’s going even higher in the years ahead as tech companies reap more of what they’ve been sowing. Where else can you invest your money if you are looking for growth?
I’m a buyer on big dips. And I keep some powder for even bigger dips.
There are likely going to be many more such volatile moves in tech stocks, and here’s why: there are two conflicting things that are becoming increasingly evident to many investors: First, that the p/e’s of tech stocks are very high, and second that tech companies are going to experience substantial growth in the coming decade.
With p/e’s this high, the weak hands are going to fold every time there is the slightest correction. But my money is on p/e’s going even higher in the years ahead as tech companies reap more of what they’ve been sowing. Where else can you invest your money if you are looking for growth?
I’m a buyer on big dips. And I keep some powder for even bigger dips.
Yep thats it!
I sold 1,000 TSLA shares between $650-$900. I am now starting to buy them back. Will buy big time today at these levels. I have a few hundred thousand dollars in reserve as I thought this might happen...
A lot of tech stocks are completely overheated. If tesla really is going to grow 50% yoy (which is the goal) then actually its pretty fairly priced and very cheap if we price in anything regarding autonomous driving.
If Amazon goes below $3,000 it will be an absolute bargain. People all over the world have been changing their habits to buy most things online via Amazon. They've still got plenty of growth to come, so I will be loading up there too
One needs to sell to the sleeping point. Are you sleeping well?
Have you learned from the past? What lessons have you learned? The great gains I gave up on in other great companies selling during panics serve as a great anchor.
Do you want to whine and blame others like GB? Grow up accept responsibility and ownership.
Kill your gurus, they will fail you at some point.
Lean into the pain and let it teach you.
Understand risk of ruin in the market.
I normally total up assets each month. Last year there were a couple months that paying to close to assets would have hurt viscerally so I did not. Instead I stuck my head in the sand. It worked out okay. Likely do the same this month.
Having a well thought out financial plan helps.
Move I am considering: Roth conversions!
Has anything changed with the overall TSLA story? They are great cars. The are closer to FSD. Once they have enough batteries the trucks will be unleashed. The batteries might not be in bulk production yet but they are working on them and TSLA has engineered results before. They seem to offer great grid tied energy solutions for the future.
Give the bears their due. This round goes to them. People that sold out showed luck or great timing.
My money is on my jockey, the team in my corner of the ring, the fighting QB that outworks and outfights every naysayer. The team with great BASM. A CANSLIM to teach all.
But if your emotions are all tied up, your options under water, your margin calls coming in, you are not sleeping, well then there is an easy solution. The physical and emotional relief will be instant. The regret might be forever.
Example for my life: Netflix about 2007.
Have you learned from the past? What lessons have you learned? The great gains I gave up on in other great companies selling during panics serve as a great anchor.
Do you want to whine and blame others like GB? Grow up accept responsibility and ownership.
Kill your gurus, they will fail you at some point.
Lean into the pain and let it teach you.
Understand risk of ruin in the market.
I normally total up assets each month. Last year there were a couple months that paying to close to assets would have hurt viscerally so I did not. Instead I stuck my head in the sand. It worked out okay. Likely do the same this month.
Having a well thought out financial plan helps.
Move I am considering: Roth conversions!
Has anything changed with the overall TSLA story? They are great cars. The are closer to FSD. Once they have enough batteries the trucks will be unleashed. The batteries might not be in bulk production yet but they are working on them and TSLA has engineered results before. They seem to offer great grid tied energy solutions for the future.
Give the bears their due. This round goes to them. People that sold out showed luck or great timing.
My money is on my jockey, the team in my corner of the ring, the fighting QB that outworks and outfights every naysayer. The team with great BASM. A CANSLIM to teach all.
But if your emotions are all tied up, your options under water, your margin calls coming in, you are not sleeping, well then there is an easy solution. The physical and emotional relief will be instant. The regret might be forever.
Example for my life: Netflix about 2007.
UkNorthampton
TSLA - 12+ startups in 1
Tesla often said to have competition from VW - evidence to contrary - discounts are HIGHER than ICE from VW.
When Tesla opens Berlin, I think sales will be huge, VW ICE will be hugely affected (EV attitudes seem to be changing for the better in Germany)
Info from DriveTheDeal - dealers submit offers
1 ID4 (brand new model in UK AFAIK - should be huge demand)
2 ID3
When Tesla opens Berlin, I think sales will be huge, VW ICE will be hugely affected (EV attitudes seem to be changing for the better in Germany)
Info from DriveTheDeal - dealers submit offers
1 ID4 (brand new model in UK AFAIK - should be huge demand)
2 ID3
Nope, cancelled that buy as we were heading south to 710 ;-)
I've now cancelled the 710, looking for mid 600s
Similar threads
- Locked
- Poll
- Locked
