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

[ZeApelido]

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.

 

[bdy0627]

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.

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.

 

[anticitizen13.7]

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.

 

[Gifford 3]

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.

I totally agree with what bdy0627 said, worth waiting to see this realized before end of 2018

 

[Esme Es Mejor]

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.

 

[commasign]

Learned the hard way... Short term, TSLA stock always does the opposite of what you think it will do.

 

[ZeApelido]

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