Looks like the temporary cap market makers have tried to establish at $535 is about to break, in a similar way to how $505 broke yesterday.
$550 in an hour?
$550 in an hour?
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Or outright licensing the entire Tesla tech stack. Right up there with Fiat-Chrysler paying for GF4.
This is one of the things that I like about $TSLA:Anyone deep in short-term options with high strikes had better not be there without knowing exactly what they're doing. Long term buy and hold investors don't need to worry about piddly 10% drops in the share price - they will still own the same percent of the same company.
Look at Ross Gerber. He had $105,000 worth of Tesla when it was $30/share. But he traded/sold it and now only has 200 shares left. If he had done nothing but let that $105,000 sit, his shares would now be worth $1.8 million. Instead, he still has $105,000 worth. If it triples from here he would have had $5.4 million instead of $315,000.
People think they are smarter than they are.
Sorry people, due to the recent spike in price I had to sell a small part of my holding to secure my retirement in June. Have 5 years worth of cash now (need to find somewhere to place this in my IRA). . Still have 100% in TSLA for now and feel we can ride it out for a while.
I cannot thank all of the people here enough for the posts, links to news, ideas and overall information about investing.
We have been in this stock from $28.50 a share and buying all the way up to $425 a share.
Go Elon and thank you for the ride! Cyber truck reserved and Arizona here we come!
IMO, don't think about what it is right now. What price to do you think Tesla will get to in 5 or 10 years? That's what matters. That line of thinking is what kept me from selling at 180. I still saw Tesla ending up at the same place.Finger was hovering over the buy button at 525, I almost rage sold lol, then I saw the volume. It was the MOAMMD
Bad investor, don't cut off your own feet!
I always try to be mindful of Dunning-Kruger. Of course being mindful of that suggests that I'm also a victim of it. People think they are smarter than they are.
Agreed, I am struggling with my transition in investment strategy from swing trading to holding long term. I had been jumping in and out with $10 swings and making regular money, with very little risk. Now I am more tolerant of risk, but still very green.IMO, don't think about what it is right now. What price to do you think Tesla will get to in 5 or 10 years? That's what matters. That line of thinking is what kept me from selling at 180. I still saw Tesla ending up at the same place.
My fingering was hovering at $525 as well, only I bought 50 more shares.Finger was hovering over the sell button at 525, I almost rage sold lol, then I saw the volume. It was the MOAMMD
Bad investor, don't cut off your own feet!
There's nothing wrong with being aware of your limitations. Not everyone succumbs to Dunning-Kruger though a little knowledge can be very deceptive. Reflection and self-knowledge have shown me how I have exhibited the effects in the past. While I still can (and do) make mistakes, they rarely happen because I over extend my knowledge. And I attribute this to a constant evaluation of the limits of my knowledge and a willingness to adapt.IMO, don't think about what it is right now. What price to do you think Tesla will get to in 5 or 10 years? That's what matters. That line of thinking is what kept me from selling at 180. I still saw Tesla ending up at the same place.
I always try to be mindful of Dunning-Kruger. Of course being mindful of that suggests that I'm also a victim of it.
My fingering was hovering at $525 as well, only I bought 50 more shares.
What is this “fuel pump” of which you speak?Meanwhile, Toyota recalls 700K vehicles due to fuel pump issue.
It's kinda like the boring co flamethrower but it's used inside a vehicle. Can you imagine that people are comfortable sitting on a device that is spraying aerosolized gasoline at high pressure which is then lit on fire???What is this “fuel pump” of which you speak?
Our safety training at work tells us to avoid that situation.I'm hoping this is the pattern we have seen before with a second, weaker push down followed by the big spike.
It's kinda like the boring co flamethrower but it's used inside a vehicle. Can you imagine that people are comfortable sitting on a device that is spraying aerosolized gasoline at high pressure which is then lit on fire???
Fingerlings? Don't you use finger puppets to make all your trades?Sorry, your... what?