1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Tesla stock

Discussion in 'Tesla' started by bwilson4web, Aug 6, 2018.

  1. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    $650. :eek:(y)
     
    iplug likes this.
  2. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    19,606
    8,036
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2004 Prius
    Model:
    IV
    4th Quarter earnings 7.38billion .... the shorts might need to change theirs

    .
     
    3PriusMike, Zythryn and bwilson4web like this.
  3. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,068
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    Tired, I accidentally sold my small position at $650 instead of the planned, cut them in half. Oh well, I might have caught a local peak.

    Bob Wilson
     
  4. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    great wall street week, i wish i could link. 'tesla still undervalued: ark investmentmanagement ceo - youtube'

    oh my, she kills the legacy companies, and enumerates tesla's science and technology advantages.
     
  5. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,068
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    My next TSLA sell is posted at $790. I’ve sold all my ‘cheap’ TSLA at $420, $465, and $650. These covered Full Self Driving and paying off the bank note. So I’ll go just liability and self-maintenance. Shocking!

    Bob Wilson
     
    bisco and iplug like this.
  6. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    19,606
    8,036
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2004 Prius
    Model:
    IV
    Ohm my ~You sound amped
     
  7. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    tesla auto pilot chip based on 40 billion miles of experience. weymo: 20 million miles
     
  8. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,068
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    A brief history:
    • Feb 28, 2019 - Tesla announces Std. Rng. Plus Model 3 for a reasonable cost. Autopilot was a $3k option and blue paint, $2k.
    • Mar 26, 2019 - Traded in 2017 Prius Prime, $18,300, and finance rest, 72 months, and paid down half to shorten payoff.
    • . . . - Benchmarking Model 3 ... WOW!
    • Stock instability - from a low of $180 to a high of $340 - based on benchmarks, bought TSLA in the $220-320 range
    • Sold TSLA at: $420(*), $465, and $650
    • . . . - Bought Full Self Driving at $6,000 a week before the price increased to $7,000. Waiting on HW3.
    • Currently have small tranche at $790 while waiting for a SHORT squeeze, meltdown
    So all things considered, no regrets. You buy/sell with the information you have at the time. Overall, I give myself a solid "B":
    • I have a Model 3 with 19,142 miles after 10 months of ownership
      • next week, free and clear.
    • Others have finally begun to understand the Model 3 and the Tesla business plan, the stock has significantly increased.
      • About 25% of the stock float was held by SHORT sellers
      • SHORT sellers have lost all credibility
      • Latest data suggests ~20% of stock float held by SHORT sellers who 'borrowed' the shares
      • To cover their stock 'loan' they have to buy what is available and my next tranche is at $790
    I do not recommend buying stock in a company that you've not bought their product. You really need to know if it is the real deal or sugar water. So recommended practice:
    1. Buy a used, new technology - I started with a 2014 BMW i3-REx, end-of-lease. If the new technology doesn't work, sell it for little or no loss.
    2. Buy a new, new technology - the lessons learned with the BMW in both EV and range-extender mode made buying the Model 3 a non-event. Trading in the 25 mi EV, 2017 Prius Prime with 16k miles was easy because it had become 'driveway art.' I was choosing to drive the 72 mi EV, BMW i3-REx nearly all the time.
    3. TSLA stock was under attack which led to significant price instability. Lying SHORT sellers are now between a rock and a hard place. They "borrowed" shares to sell at a high price expecting to buy good shares at a lower price. But at $650, the 'cheap' TSLA stock has evaporated. I have no sympathy for the SHORT sellers.
    Bob Wilson

    * - Sold the stock so I could send a note to the SEC asking them to let Elon be Chairman of the Board and refund their fines. It is why I gave myself a "B".
     
    #648 bwilson4web, Feb 2, 2020
    Last edited: Feb 2, 2020
    bisco and Zythryn like this.
  9. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    i sincerely doubted your approach a year or so ago, now i'm doubting mine
     
    bwilson4web likes this.
  10. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,068
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    What worked last year can easily be a disaster if repeated this year. You really want to make your best play.

    Bob Wilson
     
    #650 bwilson4web, Feb 2, 2020
    Last edited: Feb 2, 2020
  11. iplug

    iplug Senior Member

    Joined:
    Mar 21, 2012
    2,447
    1,695
    0
    Location:
    Rocklin, CA
    Vehicle:
    Other Electric Vehicle
    Model:
    ----USA----
    If I were retired, would consider more active trading like Bob. At this point, sticking with the boring years to decades long hold strategy.

    Will continue to make yearly purchases at this point, waiting at least a bit this year for a dip opportunity to present itself from our friendly shorts.
     
  12. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,068
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    Closed Friday, $650, and opened $690+. I had a small tranche for sale at $790 so I moved it to $990. The VW "SHORT squeeze" saw nearly an order of magnitude jump before the board threw them a life-line.

    Bob Wilson
     
    #652 bwilson4web, Feb 3, 2020
    Last edited: Feb 3, 2020
  13. Zythryn

    Zythryn Senior Member

    Joined:
    Apr 28, 2008
    6,155
    4,146
    1
    Location:
    Minnesota
    Vehicle:
    Other Electric Vehicle
    Model:
    N/A
    Up $78/share at 9:20am.

    Didn't realize there was a launch this morning :eek:;)

    This must be shorts capitulating??
     
  14. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    fascinating and very exciting!
     
  15. markabele

    markabele owner of PiP, then Leaf, then Model 3

    Joined:
    Mar 27, 2012
    5,084
    1,782
    1
    Location:
    Nebraska
    Vehicle:
    2018 Tesla Model 3
    Model:
    N/A
    I'm very long Tesla and not a seller yet at this price. Just preparing my head and heart for a 30% dip at some point in the next couple months. Might not happen, but hard to have this much up without a little down.
     
    bwilson4web likes this.
  16. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    30%? Is that all? Idk if I’m ready to jump in at 500 bucks :cool:
     
  17. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,068
    15,372
    0
    Location:
    Huntsville AL
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Plus
    I’m taking a more conservative approach taking small profits now that I lock-in. But that is me.

    GOOD LUCK!

    Bob Wilson
     
  18. Zythryn

    Zythryn Senior Member

    Joined:
    Apr 28, 2008
    6,155
    4,146
    1
    Location:
    Minnesota
    Vehicle:
    Other Electric Vehicle
    Model:
    N/A
    With a short squeeze, the down comes before the up.
    The shorts have been doing a great job keeping the stock price down.
    Now they are loosing their effectiveness & many are being forced out.

    Will there be profit taking large enough to lower the price? Undoubtedly.
    I don’t see more than a 30% downward adjustment without some other serious catalyst.
     
    bisco and bwilson4web like this.
  19. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,571
    48,862
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    i might buy 10 shares if it gets down to 500, just for giggles
     
    markabele likes this.
  20. markabele

    markabele owner of PiP, then Leaf, then Model 3

    Joined:
    Mar 27, 2012
    5,084
    1,782
    1
    Location:
    Nebraska
    Vehicle:
    2018 Tesla Model 3
    Model:
    N/A
    baller...the man can throw 5k around just for giggles

    (giving you a hard time) :)
     
    bisco likes this.