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

[lafrisbee]

LIFO - Last In, First Out
FIFO - First In, Last Out

first in first out?

 

[LTC_RRR]

Anyone else have the Google TSLA ticker stuck at 2,111? Kept seeing my brokerage go up, but google price flat.

Had same problem

 

[Mo City]

FAANGMT stocks are ripping it today, esp. NFLX and TSLA.

 

[Tslynk67]

Wow, I didn't even know that there were already $4k calls.

I just checked my broker, and apparently they go up to $4200 haha. Did someone here in this forum specifically request to have those made?

Didn't realise either. I'd be OK to sell half my shares at $4000, not in the least to get my wife off my back with a house she's found... so selling covered calls at these strikes will be risk-free money for nothing.

Will wait until next week tho', then I can sell, like 20 calls, and feel like a BOSS.

Nice price action, BTW... Looking for a $2200 close, thanks.

 

[Robocop]

Just think how many retail investors are salivating to buy $TSLA on Monday at the post split price

Do we have updated numbers on what % of TSLA is owned by retail investors? My guess is maybe 25%? Or is it even less?

 

[Hock1]

Don't try to make it in to a big deal, it is just a normal part of the split process.

It takes time for Tesla to issue new shares to the brokerages, the brokerages to receive them and update all of the accounts they own, etc. It is standard practice, and AAPL goes through the same thing of no trading during the split process.

Apple also did a stock dividend (even though they did not call it that). One has to ask him/ herself, why are they spending the energy, money and time to distribute new shares, when they could have just as easily done a split of existing shares on a certain date?

 

[ByeByeJohnny]

Nobody want to be labeled as the buffer.. About 12:30 this morning, the mountain and the stock was on fire today wind died and all is good here.
That beer drinking spot was a little warm View attachment 580932

You need to upgrade that island. Can't be more than 20 square feet.

 

[humbaba]

I'm beginning to think the "Sisters of The Good Shepherd" are the female siblings of Jim Chanos.

The first go around I looked into it and didn't like what I saw, but I don't remember any detail. So I followed your link and this part jumped out at me as showing, at a minimum, that is not an informed proposal.

In September 2019, a National Labor Relations Board (NLRB) judge in California ruled that Tesla violated federal labor laws and engaged in anti-union activity by interfering with labor organizing in 2017 and 2018.18 The case demonstrated a lack of “tone at the top” respecting human rights, as CEO Elon Musk published a tweet that appeared to threaten workers who unionized. In its Statement of Opposition, Tesla critiqued the way that these risks were described in the proposal. It denies this allegation and filed 166 exceptions to the NLRB decision.

This is in context of providing "evidence" that Musk doesn't respect human rights. Right.

 

[charlesgres]

Whats her phone number....it'll prob freak her out if she got a text saying "Did you know $TSLA hit a new high?" from a number she does not recognize.

I saw what you did there..

 

[jhm]

A long time ago....a very wise man told me this...and it has stuck with me ever since...."It's cheaper to keep her"

You could lose half of your Tesla shares in a divorce settlement.

 

[elasalle]

LIFO = Last In / First Out
FIFO = First In / First Out

It means identifying which lot(s) were sold when you calculate taxable gain.

In context of taxes, what is the difference? How can they be managed?
Acronym wise I know what they are from collage days - Data Structures class

 

[Big Time]

@Curt Renz the orchestra is gonna get sick of playing that song so many times today

 

[MartinAustin]

 

[charlesgres]

It's good you can do this. If my wife was aware of what was going on with our net worth, she would be bouncing off the walls 24/7.

My poker face is better than anyone I know. At some point later this year or next, I'll break the good news to her in a spectacular way to maximize the effect.

Until then, (outside this forum) I remain a furloughed tightwad in need of a job who seems to be handling tough circumstances remarkably well.

My wife wants to pour every euro we own into this stock.. Have a hard time keeping her from doing it..
"But honey, we should keep some money to buy food!"

 

[jbcarioca]

LIFO/FIFO ? (meanings??)

Investors have the option on choosing to treat investment transactions as
Last IN/First out or First in/first out. Sadly one cannot change back and forth within a single tax year, but choosing one or the other can dramatically reduce or increase tax bills by changing from sort term to long term, It only matters if you have regular purchases, or uneven ones, which can make short term gains higher or lower. I tend to use LIFO because I have TSLA holdings from early years and larger purchases during the last year some of which still yielded Short term gains.

If you have many shares you might want to consult with your tax attorney or CPA. Mine is worth at least five times what I pay him, but I'll never tell him that.

 

[jerry33]

it is?

i'm really sick and tired of every random stock movement being blamed on evil geniuses with infinite funds and an axe to grind. i think reality is much dumber and less well organized than that.

It would be if they had the analysts buying and selling. Basically they are making money on churn. So the plan is to pump and dump and then scare investors into dumping so they can repeat the cycle and get proceeds from the transactions.

 

[MP3Mike]

Didn't realise either. I'd be OK to sell half my shares at $4000, not in the least to get my wife off my back with a house she's found... so selling covered calls at these strikes will be risk-free money for nothing.

Will wait until next week tho', then I can sell, like 20 calls, and feel like a BOSS.

Selling the calls now might reduce your trading fees by 5x. Since you would sell 4 calls now, and it would split into 20 over the weekend at no additional cost.

 

[dedicatedtek]

"But honey, we should keep some money to buy food!"

I thought that's what hats were for....

 

[generalenthu]

Elon V Zuck - can't wait for Zuck to be taken down

https://news.google.com/articles/CA...ocv1CjCSptoCMPrTpgU?hl=en-US&gl=US&ceid=US:en

Edit: is it intentional that autocorrect wants to always Change Zuck to suck?

 

[lafrisbee]

So where are the bollinger bands today? Drinkin with Gordon?