Quote:
Originally Posted by chiefforlife
I have a buddy that has done this with Tesla for a few years. He has made a ton of money doing it, Im sure he isnt the only one.
Its an expensive stock and risky if you ask me. He will spend about 40 thousand each time, then sell when it inevitably goes back up. So far, it always does.
My problem is thats its way over valued and my luck, everyone figures that out as soon as I buy it.
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Out of curiosity, has he compared his own results to what it would have been like buying and holding in the same time period? It's not like it's been hard to make money off of TSLA these past few years.