Apparently every post that quoted Cali got moved, so I'll repeat my TSLA-related notes:
Having realized that my limit order was sitting at 26, not 29, I had to re-think. Apparently after buying my last 50 shares, bringing my total to 150, I figured I didn't want any more unless it went WAY down. This morning I re-set my limit to 28 for 50 more shares. If it never hits 28 I'll be happy with my 150 shares, and glad to see the price going back up. But if it does hit 28 I'll be happy to bring my total to 200.
I think the price will start a nice upward trend once there are enough Model S on the roads for people to become generally aware of them, and once safety and range numbers are in. If the reliability stats are good after a year, that will give it another boost. Of course, my confidence in the quality of the car strongly influences my confidence in the stock. But I still would not put a really large amount of money into it. As I've said before, my REAL "investment" in Tesla was the purchase of my Roadster.
Having realized that my limit order was sitting at 26, not 29, I had to re-think. Apparently after buying my last 50 shares, bringing my total to 150, I figured I didn't want any more unless it went WAY down. This morning I re-set my limit to 28 for 50 more shares. If it never hits 28 I'll be happy with my 150 shares, and glad to see the price going back up. But if it does hit 28 I'll be happy to bring my total to 200.
I think the price will start a nice upward trend once there are enough Model S on the roads for people to become generally aware of them, and once safety and range numbers are in. If the reliability stats are good after a year, that will give it another boost. Of course, my confidence in the quality of the car strongly influences my confidence in the stock. But I still would not put a really large amount of money into it. As I've said before, my REAL "investment" in Tesla was the purchase of my Roadster.