SouthSeas
Member
How are you only holding 288sh if you CANCELLED a sell order for 920sh?
The price was $920. That's pretty damn tempting. It would cover a lot of taxes but I do have confidence the stock will do well longer term. The trick is always about timing. Would it be better to sell at current prices and reinvest at a lower price or just wait until 2021 and pay less taxes?
I'm not trolling. I have no belief that anything I post here will have any impact on the stock price. I'm just trying to discuss the stock rationally. But there are so many here who see that as a hostile act. It's like you aren't allowed to have an opinion if it isn't about how wonderful the company is and how rich all investors will be.
I do believe the company will do great over the next four or five years. But beyond that I don't believe it is inevitable the company will continue to succeed as they have done. I'm not saying they won't. I just think it is not inevitable.
In the meantime I think the company will continue to see ups and downs. This is inevitable given the way the company is run, pushing as hard as they can for growth. Invariably they will hit bumps in the road that will have much more of an impact on a company in a more precarious position and so create great opportunities to invest for huge returns. Investing in Tesla at $1,000 a share will likely not pay well for some time to come. Investing below $500 a share will pay well within a year.