Stock Talk

*Nothing here is to be taken as financial advice, do your own research, consult a professional.
User avatar
bpj
Posts: 8439
Joined: Mon Apr 29, 2019 12:55 am

Stock Talk

Post by bpj » Sat Feb 20, 2021 1:30 am

Anybody watching Tesla that's dipped back under $800?

It's hard to see that level of success continuing. But at the same time it's hard to see it not continuing for Tesla also.

User avatar
D-train
Posts: 35713
Joined: Mon Apr 29, 2019 1:33 am
Location: Quincy, MA

Re: Stock Talk

Post by D-train » Sat Feb 20, 2021 1:17 pm

bpj wrote:
Sat Feb 20, 2021 1:30 am
Anybody watching Tesla that's dipped back under $800?

It's hard to see that level of success continuing. But at the same time it's hard to see it not continuing for Tesla also.
Tough call. The high is $900 so I would probably wait for a 20% retracement which is $720. But it was only in the $400 range a few months ago so still risky at that point.
dt

User avatar
bpj
Posts: 8439
Joined: Mon Apr 29, 2019 12:55 am

Re: Stock Talk

Post by bpj » Mon Feb 22, 2021 5:00 pm

D-train wrote:
Sat Feb 20, 2021 1:17 pm
bpj wrote:
Sat Feb 20, 2021 1:30 am
Anybody watching Tesla that's dipped back under $800?

It's hard to see that level of success continuing. But at the same time it's hard to see it not continuing for Tesla also.
Tough call. The high is $900 so I would probably wait for a 20% retracement which is $720. But it was only in the $400 range a few months ago so still risky at that point.
I agree, I've thought the top could be I'm for a long time on Tesla though. 😳

I imagine people will hop on SpaceX and Neuralink fast if they ever become available publicly.

User avatar
D-train
Posts: 35713
Joined: Mon Apr 29, 2019 1:33 am
Location: Quincy, MA

Re: Stock Talk

Post by D-train » Tue Feb 23, 2021 1:21 pm

bpj wrote:
Mon Feb 22, 2021 5:00 pm
D-train wrote:
Sat Feb 20, 2021 1:17 pm
bpj wrote:
Sat Feb 20, 2021 1:30 am
Anybody watching Tesla that's dipped back under $800?

It's hard to see that level of success continuing. But at the same time it's hard to see it not continuing for Tesla also.
Tough call. The high is $900 so I would probably wait for a 20% retracement which is $720. But it was only in the $400 range a few months ago so still risky at that point.
I agree, I've thought the top could be I'm for a long time on Tesla though. 😳

I imagine people will hop on SpaceX and Neuralink fast if they ever become available publicly.
About $680 in pre market

https://finance.yahoo.com/news/tesla-st ... 59838.html
dt

User avatar
D-train
Posts: 35713
Joined: Mon Apr 29, 2019 1:33 am
Location: Quincy, MA

Re: Stock Talk

Post by D-train » Tue Feb 23, 2021 5:23 pm

Fun day on the market. Happy I have minimal margin and can afford to be patient. I might be waiting awhile..........
dt

BaseHitDerby
Posts: 862
Joined: Wed May 01, 2019 6:51 pm

Re: Stock Talk

Post by BaseHitDerby » Tue Feb 23, 2021 8:25 pm

Workhorse didn't get the USPS contract, sorry DT. It went to Oshkosh, a non-American company. Fuck Biden

User avatar
D-train
Posts: 35713
Joined: Mon Apr 29, 2019 1:33 am
Location: Quincy, MA

Re: Stock Talk

Post by D-train » Tue Feb 23, 2021 8:43 pm

BaseHitDerby wrote:
Tue Feb 23, 2021 8:25 pm
Workhorse didn't get the USPS contract, sorry DT. It went to Oshkosh, a non-American company. Fuck Biden
No worries brother. Easy come easy go. Crazy thing is I could have sold for a second time at profit at $42 but goy greedy.

Damn this is worse than a biotech. I didn't realize it was a one hit wonder minus the one hit. :)
dt

BaseHitDerby
Posts: 862
Joined: Wed May 01, 2019 6:51 pm

Re: Stock Talk

Post by BaseHitDerby » Tue Feb 23, 2021 8:50 pm

D-train wrote:
Tue Feb 23, 2021 8:43 pm
BaseHitDerby wrote:
Tue Feb 23, 2021 8:25 pm
Workhorse didn't get the USPS contract, sorry DT. It went to Oshkosh, a non-American company. Fuck Biden
No worries brother. Easy come easy go. Crazy thing is I could have sold for a second time at profit at $42 but goy greedy.

Damn this is worse than a biotech. I didn't realize it was a one hit wonder minus the one hit. :)
I could've sold CCIV at $60 for a $40K gain but got greedy and held. So I paid for it bigtime lol. Oh well, it's not the end of the world or anything. But who knows under Biden.

User avatar
bpj
Posts: 8439
Joined: Mon Apr 29, 2019 12:55 am

Re: Stock Talk

Post by bpj » Tue Feb 23, 2021 9:45 pm

The Tesla stock may be tied to the Bitcoin price now because they made as much paper profit from holding their $1.5B bitcoin investment up to $50k+ as they did in an entire year of profit from producing and selling cars.

As Bitcoin goes, so may Tesla now. Very funny market effect, if it proves.

User avatar
D-train
Posts: 35713
Joined: Mon Apr 29, 2019 1:33 am
Location: Quincy, MA

Re: Stock Talk

Post by D-train » Wed Feb 24, 2021 12:48 am

bpj wrote:
Tue Feb 23, 2021 9:45 pm
The Tesla stock may be tied to the Bitcoin price now because they made as much paper profit from holding their $1.5B bitcoin investment up to $50k+ as they did in an entire year of profit from producing and selling cars.

As Bitcoin goes, so may Tesla now. Very funny market effect, if it proves.
Why would he tweet that bitcoin is overvalued in that case. Is he just on a power trip?
dt

Post Reply