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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 01-10-2020, 12:20 PM   #3316
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Only as part of a mutual fund, but I generally pay attention to them out of personal interest. They're one of the hardest stocks to interpret for me because everyone's betting on the future rather than basing decisions on today. That works out fantastically if they're another Apple or Amazon, but it's just really tough to tell.

I have trouble believing that $450+ is really sustainable, but what do I know. They're good at hype if nothing else.
Tesla scares me as an investment because the founder didn't start the company to make money, but to change the vehicle landscape. I'd rather invest in companies whose primary goal is to make money.
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Old 01-10-2020, 12:31 PM   #3317
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Tough sell? I am not debating you but just the facts.

1. YoY sales increase of 50% 367k from 245k. 103k delivered in 2017
2. Production rate of GF3 in China at 1k per week already with phase one capacity of 3k. Keep in mind the place was a mud field in December 2018 and started production in October 2019. GF4 in Berlin will be coming sometime next year
3. Negotiations with Fiat\Chrysler to license their skateboard platform and battery tech.

It's also rumored that a million mile battery will be announced on Tesla Investor day in February. I could mention more things but I look at Tesla as the Apple of cars. My price target is 620 by the end of the year.
I get all that. It's still hard to reconcile their $87B market cap being higher than revenues for their entire history (let alone profit, which is essentially zero). It's all a future bet and, while I agree that they seem to be moving in a very positive direction, it won't take much for it all to fall apart.

Again, it's just a matter of whether you think they can keep it up and weather the incoming storm of competitors.

But I'm not a financial analyst, which is why I stick to mutual funds.
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Old 01-10-2020, 01:22 PM   #3318
lewdog lewdog is offline
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Your biggest mistake wasn't buying IQ, it was never buying more when it was $15-20 to lower your average cost, especially since you loved it at $30.
He loved it at $40, not $30!

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Old 01-24-2020, 02:38 PM   #3319
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IQ down more than 8%. Chinese death virus likely to blame.
Time to sell?
Or...
Time to BUY?!
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Old 01-24-2020, 03:01 PM   #3320
lewdog lewdog is offline
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IQ down more than 8%. Chinese death virus likely to blame.
Time to sell?
Or...
Time to BUY?!
IQ is a turd sandwich on a plate.
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Old 01-24-2020, 03:06 PM   #3321
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IQ down more than 8%. Chinese death virus likely to blame.
Time to sell?
Or...
Time to BUY?!
I'm bullish on the Chinese death virus. It's got a lot of growth potential.
Anyone know its stock symbol?

This year is not starting out on a good note for me. It seems like I'm lagging the market on up days and nose diving worse than the market on down days. Both of those things should not happen.
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Old 01-29-2020, 04:19 PM   #3322
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Thought about buying Tesla on Monday. Didn’t.

Today it was up over 2%....then 11% more after hours. **** me
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Old 01-30-2020, 01:50 AM   #3323
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Thought about buying Tesla on Monday. Didn’t.

Today it was up over 2%....then 11% more after hours. **** me
My best friend is up $300 a share in about 2-3 months in his retirement account on 400 shares. Unbelievable.
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Old 01-30-2020, 08:49 PM   #3324
Munson Munson is offline
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Thought about buying Tesla on Monday. Didn’t.

Today it was up over 2%....then 11% more after hours. **** me
I wanted to buy last year when it dipped under $200/share, but didn't have the cash at the time.

And early last month, I was thinking of buying in at $400/share, but was a little hesitant.


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Old 01-30-2020, 09:12 PM   #3325
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I'm up over 100% on my little bit of TSLA. I sold some a while back because I'd been losing money on it and once it got to breakeven I figured I'd lower my risk. Oh, well. I'm still doing well.
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Old 01-31-2020, 06:28 AM   #3326
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Amazon is up about 10% pre-market thanks to a great 4th quarter earnings report.
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Old 01-31-2020, 07:53 AM   #3327
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Amazon is up about 10% pre-market thanks to a great 4th quarter earnings report.
Jesus.

I should have cancelled subscribe and save and bought stock
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Old 01-31-2020, 08:05 AM   #3328
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Hoping Amazon does a stock split. I’d be all over that shit
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Old 01-31-2020, 10:17 AM   #3329
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Gotta love the market over reactions and kneejerks. Good money made everytime this crap happens
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Old 01-31-2020, 10:31 AM   #3330
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Gotta love the market over reactions and kneejerks. Good money made everytime this crap happens
Is this still coronavirus stuff? If so, either we'll all die and money won't matter, or we'll buy and make money when it comes back.
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