Ha-ha, that's great! That's the same time I was mopping up shares, from $250ish ($50) down to $210 and then I held off as it fell further unable to believe my good fortune. For the first time in years I was watching the ticker every day, all day, ready to make the biggest TSLA purchase of my life. I knew it was already a screaming deal but I didn't know how far it was going to fall and I wanted to maximize my buying potential. Then I doubled my position on June 4 at $189 ($38) as it looked like it had possibly formed a bottom so I let her rip! I also bought a bunch of call option for less than a dollar each that ended up appreciating over 1000 fold. Unfortunately, I sold more than half of them when they had "only" appreciated 100 or 120 fold.
And good job on coaching them to hold! 2019 was a year when I saw far too many TSLA 'bulls' sell just because they were so relieved they were back in the black and the stock had more than doubled. People said things like "You can't go wrong selling a stock for twice what you paid for it", and other illogical things. I tried to spread the word about holding tight with a "Gorilla Grip(tm)" with all their shares, not selling a single one, as it looked like this was a big breakout to unbelievable new highs, but so many people had itchy trading fingers. The financial media has trained the public to think you make money by selling a stock when it become "fully valued" instead of by letting the growth happen. Some argued it was the smart thing to do to sell just a portion of their holdings (at prices as low as $80). I tried to reason that even selling a small amount would compound to huge loses over time and that the stock had so much momentum it would likely keep going up based on that alone, if not continued performance by the company.
I'm glad it worked out for you and your family, fun times! And for those who still have large positions, there will be more fun times ahead! Cheers to all the hard-working crews at Tesla that made it all possible!
