Oh, why don’t you just go and be like @Krugerrand and go TAG MA ?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Glamisduner
Active Member
Well staying in to me would have been greedy too, then people would say WTF is wrong with you for not getting out had it gone the other direction.. I had some pre-split shares for $180 last year which is equivilant to $3200 each, which seemed like a good time to sell...
Do I regret it? Obviously... I sold around 110 shares. I also made $11,000 on a call. Honestly the plan was to get out, and buy even more, and then at least I would have more shares should it drop more.
bkp_duke
Well-Known Member
Mo City
Active Member
I used to think Elon wouldn't pass Jeff Bezos' net worth until after SpaceX went public. LOL.
Now it looks like by the time that finally happens (I'm guessing 2030 soonest), he'll go from ~3x to ~6x Bezos' NW.
Easier said than done but I suggest you take it on the chin and get back in the saddle. No regrets!
Unsolicited confession from me. Might help, but probably won't.
In March-April 2020 all my businesses halted due to you know what right after making all time high profits. I also just invested sugnificant capital and time in a new one that had to be closed as well. Did not have enough reserves to survive a year and there was no gov help in sight (only in the headlines).
Had to sell first shares since 2013 just to make some reserves. Sold in a couple of tranches around 600-650 if I remember correctly.
Some time after, got a tiny gov help (ppp loan and a small grant from local gov - all in all a joke of a money but still something) but more importantly scaled a completely new line of business in a new environment.
Felt much better and re-bought some TSLA at about 900-950. This is the part of investment I'm most proud about now, because I feel like I had a good judgement in both cases - when sold and when re-bought.
bkp_duke
Well-Known Member
I would be perfectly happy to see Bezos NW spiral to zero. Don't exactly see much of a contribution to humanity from that guy. Now . . . his ex-wife . . . mad props to her.
Mo City
Active Member
It wasn't just TSLA. The entire group of 15 tech stocks I track (save one) exploded today and TSLA was far from the biggest mover. CRSP at +19% took that crown.
Today was really not about TSLA other than it's the 11th consecutive day of increase and the runup since $408 when S&P inclusion was announced.
President Trump just gave the concession speech. Should help tomorrow's macro somewhat.
EDIT: Adding link
Trump for first time acknowledges new administration will take office Jan. 20
EDIT: Adding link
Trump for first time acknowledges new administration will take office Jan. 20
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Krugerrand
Meow
A good time to sell while still thinking it would go up more a little bit down the road?! It would be different if you thought it was done rising for YEARS and you needed the money in the meantime. But that’s not what you’re saying at all.
Who’s chirping in your ear? Tell them to shut up.
In since $31 and change. I’ll let you know when you’re getting greedy.
Sell some if you need money. Otherwise be dead.
mejojo
Active Member
Did he concede while insisting he won in a landslide???
BrownOuttaSpec
Active Member
Thank you
........ and that there is a different reason for it.
Thanks @FrankSG for everything you contribute here!
I personally think a lot of people are in a similar situation that I am in that they were waiting for the new year to move some money around and into TSLA. I had a couple of "small" investments that had yearly dividends that hit late December then I need to cash those out and didnt want to take the gains in 2020 so I waited until 2021. Once they funds cleared and got into my investment brokerage I could then invest them into TSLA.
(I have a 'fair' amount in TSLA investment account already and in hindsight I wouldn't have moved over in Oct/Nov instead of waiting it out to get the guaranteed dividend gains at the end of the year. d'oh!)
I can see the SP continue to rise as people are a little slower but doing the same as me, plus with the potential $2k stimulus check coming I can see others investing that into TSLA due to FOMO.
Today's increase was a 2 bagger for me; overall 27X. I am not a Teslanaire; almost half though. All in my HSA.Same for me - single biggest gain in one day on my portfolio. And my gain today is larger than my entire portfolio value from May 2019 - because I am a lot more concentrated in TSLA now.
In fact, this may be the largest increase in 1 day in total $ amount for TSLA stock. This is a gain of $300 in pre-split prices!
sell OTM covered calls. You can decide whether or not to let them get exercised away if they become ITM, or to roll them out if you want to keep the shares. You'll still be out the shares if you can't afford to roll the options or if you decide to let them get exercised away, but at least you'll have control of that, instead of being surprised in the morning by a MMD that dropped just enough to trigger your stop-loss order.
Give one to your new best friend. ->me<-
In what universe ? Nothing in the news anywhere. Update: Looks like he has made an almost nice concession speech but then undid it all in the last sentence. Why did they allow him to post this again, I thought his account was locked ? Sheesh.Not this time. Nice and behaved speech
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