Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[dw4ngg]

Public service announcement: don’t sell TSLA today; buy SPY puts if you’re worried

 

[mongo]

Not sure if the gain will stick for the rest of the day, but rule of thumb is not to sell during big down day like yesterday, especially when panic level is at an extreme level. Those who sold shares yesterday should have picked a different day to sell. In contrary, I scooped up some TSLA, some S&P 500 index (my 401k does not allow individual stocks) and other shares such as J&J and BA. BA cap was about 80B yesterday, unheard of. BA SP will rise again once 737-MAX re-certification is complete and back in the sky in a few months.

The only bad big drop day to sell on is the last one. There have been multiple bad days in the last month that could have been profitable sell points.

We've seen single day recoveries that then reversed twice already. The coming weeks will determine whether yesterday was a good point to exit.

 

[Prunesquallor]

Looks like a possible up day for markets as Administration is making plans to speed up testing.
Yay or nay?

What I see is that Pelosi has picked up the ball and is running with it, and the markets see that there is an adult in charge. Trump just needs to shut up for a month or so. You don't get a do-over for a disastrous national address.

 

[carterm2]

Hoping to take the kids who are off school today to look for a computer table...

the store happens to be down the street from the factory delivery center!

I am hoping to check out the Y!

 

[TheTalkingMule]

False bottoms, naked shorts....Is it getting warm in here?

False bottom and fever are the first two symptoms, you should get checked out!

 

[Prunesquallor]

...
Curt having bailed out is probably what hit my gut hardest of anything here lately. Damn, I wish Curt had held on just so I could feel better.

His time horizon and risk tolerance are what they are, and I totally understand his position. I would most likely have done the same. I could tolerate another few years of churn before I start tapping into my investments. I really would have preferred not to, though.

 

[davecolene0606]

Discuss...

1. China is in recovery
2. Tesla has captured 30% of new energy market
3. Giga Shanghai will be double in size before the end of year
4. M3 production and sales continue to excel in worlds first corona recovery
5. Tesla will have cash from this.

Fire Away!
(It’s (STILL) the batteries, Stupid!)

 

[willow_hiller]

Just increased my (meager) TSLA holdings by 25% at an average of 595. Slightly nervous about the short-term, but still confident about the long-term. Now if only I could figure out how to ignore the SP for the next 12 months...

 

[Singuy]

Discuss...

1. China is in recovery
2. Tesla has captured 30% of new energy market
3. Giga Shanghai will be double in size before the end of year
4. M3 production and sales continue to excel in worlds first corona recovery
5. Tesla will have cash from this.

Fire Away!
(It’s (STILL) the batteries, Stupid!)

Max pain is 602. MM vs Fear. Let's see who wins today.

 

[DrMazeppa]

Good old MMDs are back!
Much better than ADDs (all day dips)

 

[Fact Checking]

Coronavirus deal in danger:

Andy Slavitt on Twitter

"NEW: At 7 am Eastern Mnuchin, on behalf of Trump, pulled out of the agreement they had reached at 4 am to provide relief for Americans impacted by the Coronavirus. The package was the right thing."

"He now wants more things Pelosi won’t agree to. I don’t know what they are."​

Macros are in free fall since this news broke.

 

[Drax7]

Make perfect business sense to increase investor confidence and get good investment deal at the same time. But, only work well for companies with strong balance sheet.

MSFT google Facebook Apple visa , these are part of top 10 holdings of the spy index

 

[Lessmog]

Coronavirus deal in danger:

Andy Slavitt on Twitter

"NEW: At 7 am Eastern Mnuchin, on behalf of Trump, pulled out of the agreement they had reached at 4 am to provide relief for Americans impacted by the Coronavirus. The package was the right thing."

"He now wants more things Pelosi won’t agree to. I don’t know what they are."​

Immediately torpedoed the market. Brilliant economics, 'pedo guy!

 

[lafrisbee]

Don't treat markets as a poker game, except with money that you're okay with losing. Take a long-term perspective, and hedge against events that you're uncomfortable with.

You can leverage your long-term plays - I certainly do - but the short-term market is a casino. Been there, done that, not doing it again except for the occasional lottery ticket.

You of all people I enjoy reading...however you missed it on the Poker game analogy. Do you play in any poker game where you have money on the table you are not willing to lose? Or do you allow anyone to play that isn't willing to lose what they are playing with? That ain't poker where I was raised. That's downright criminal.
(PS in my college days I did play in a few such games. I lacked morals in many areas, and I won quite often...especially when a person made the mistake of playing when his emotions were high. I was a novice then, and could only read tells from such desperate participants.)

 

[hobbes]

Ground levelling at GF Berlin:

 

[jerry33]

Coronavirus deal in danger:

Andy Slavitt on Twitter

"NEW: At 7 am Eastern Mnuchin, on behalf of Trump, pulled out of the agreement they had reached at 4 am to provide relief for Americans impacted by the Coronavirus. The package was the right thing."

"He now wants more things Pelosi won’t agree to. I don’t know what they are."​

Macros are in free fall since this news broke.

Whichever way it goes, it doesn't look good for the incumbents.

 

[FrankSG]

 

[Singuy]

Immediately torpedoed the market. Brilliant economics, 'pedo guy!

I don't understand why they can't just do this in phases. Agree to phase one then go with phase two. Americans need some of these things like yesterday.

 

[Krugerrand]

Long story short, while I fully believe the company and even the stock will go back to growth once the dust settles, I think the next few months are super uncertain.

I know most of us are in the buy and hold camp here, but these are not normal times. So I'd like to hear some thoughts for a reality check here. Am I being rational in light of current events, or did I let the fear of this pandemic get to me?

Yes, you’re in fear mode and irrational. Unless you need the money before the dust settles, get a grip.

I went to the store yesterday to get a few groceries; bananas, cucumber, dishwasher pods, granola bars. Left with a whole lot more because the people there creeped me out. All were overly civil and polite but the vibe they were giving off had my spidey senses doing flip flops.

As I strolled up and down aisles picking an item off the shelf here and there, now on a mission to stock up for a couple weeks, I noticed a few things;

Practically the entire store was on sale?! Seriously. Bizarre.
The ice cream was all gone?! WTH?!
Spam, Ramen noodles, rice, TP (of course), water, all gone.
There seemed to be three groups of people; the ones rolling out their grocery carts heaped with 52,000 boxes of kleenex — not even trying to appear sane, the ones clearly stocking up, trying desperately to look like this was normal shopping for them but wasn’t — that’d be my group, and the ones who don’t give a sugar (or are already stocked up) and walked out with a bottle of Allspice and baby carrots.

I’m going back this morning to the same store to see if there’s anything left on the shelves just for poos and giggles. Plus I need some apples, flour, sugar, beans, tuna fish, KD, Cup-O-Soup, peanut butter, bread, pickles, salad dressing, vodka, chocolate bars, cereal, cookies, yogurt, orange juice, bacon...

Hold onto your damn shares unless you want to be delegated to the ‘that-was-dumb-of-me-group’ when you knew all along:

...while I fully believe the company and even the stock will go back to growth once the dust settles...

 

[CyberDutchie]

NASDAQ up 3%, TSLA down 1%, WTF