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When do I give up on expecting $TSLA short term appreciation?

Discussion in 'TSLA Investor Discussions' started by ZeApelido, Jul 9, 2018.

  1. ZeApelido

    ZeApelido Member

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    Let me be clear, I am invested in $TSLA for the long term, along with some other single stocks (and market ETFs for t most the rest). However, I allocate a certain % of funds into higher risk/reward ventures with shorter-term horizons. In the past year, year and a half I have put most of that shorter term money into $TSLA with the hope of high appreciation this year. Obviously the 6+month delay in Model 3 has hampered that bet.

    However here we are, nearing 5000 / week sustained production, with the hope that some combination of profits / new products / revenue streams will be announced that will put the stock up. Heck the CEO has even given a timeline for a spike in appreciation!

    But at what point do you think there are better short term bets out there? Say China, Energy, Model Y news, and Q3 profitability are announced in the next 4 months, and the stock is still below $400. Time to bounce?

    As an example, I moved short term money out of ILMN after good appreciation to put in TSLA, and so far that was a mistake.
     
  2. bdy0627

    bdy0627 Active Member

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    IMO, TSLA has extremely strong potential to climb substantially over the next 12 months. It may continue to be rangebound for several months. No one has a crystal ball, but I will personally be surprised if TSLA is still rangebound by November. I have to admit though that I didn't think it would stay rangebound to this point.
     
  3. anticitizen13.7

    anticitizen13.7 Not posting at TMC after 9/17/2018

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    6 years ago.

    I’m not joking. TSLA tends to trade within a range for long periods of time, and then sudden jump to a new plateau once some uncertainty lifts.
     
    • Like x 1
  4. Unicorn3

    Unicorn3 Member

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    I totally agree with what bdy0627 said, worth waiting to see this realized before end of 2018
     
  5. Esme Es Mejor

    Esme Es Mejor Member

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    A few months ago, you had the opportunity to buy for 244. You had the opportunity to sell a couple weeks ago for 373, better than a 50% gain in a few months.

    On July 5, you could have bought for 296. I suspect we’ll hit a 50% gain on that (444) within a few months. I could be wrong— it could be a few years, or it could be never— but there’s plenty of short term appreciation. But good luck figuring out the bottoms & tops.
     
    • Like x 2
  6. commasign

    commasign Tesla Superfan

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    Learned the hard way... Short term, TSLA stock always does the opposite of what you think it will do. ;)
     
    • Like x 1
  7. ZeApelido

    ZeApelido Member

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    Yeah I prefer not to play too much on short term highs/lows, but I did sell at 350 when it appeared Q1 production was going to be lower than anticipated. But I bought back in at low 300s, didn't see 250 coming :(
     

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