Tsla, hold buy or sell?
Such a red day, I am all over negative!!!!!

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Don’t day trade. Index funds and coast for the long term. Not sexy, but research has shown it’s your best shot at consistent returns over the long run.

likesmart

Yeah I agree, should’ve clarified that abstinence only education doesn’t work.
Also yeah I see your point about how trying to convince active traders to index is futile.

like

It’s very simple. If you are long. Buy more on the dip. If you are a more advanced trader, you would have sold two weeks ago and now you would be making money on puts.

If you don’t read charts just stay long. If you read charts, you are making even more money on the puts.

TSLA will hit 500. That will be cheap buys for the longs and big money for the puts.

Win win.

like
Recent IconRecent

Hold it and buy on dips. I never sell on a down day. Only buy. If you don’t sell, the losses aren’t real.

likehelpful

Tesla’s has been an awful risk/reward setup for a few hundred points. Even a couple weeks ago the chatter was it could double or triple again over a few years, but could also get cut in half. That’s not a great setup after it was up 8x in a year. We’ve seen this sorry before in most the other mega cap tech stocks where they run up and get a massive cut of 40-60%. But Tesla’s already huge. It’s not going to give you another 8x from here.

If this is a large position for you and you’re underwater by a significant amount you need to think about selling some. I would not buy anymore.

If it’s a small position, maybe you average down but for the moment you’re just feeding an alligator that’s trying to eat you.

If you’re up big and you think Elon invented sliced bread just HODL.

likehelpful

I've made money scalping tesla, so agree there is money to be had. However, especially with rising rates its looking like Tesla could be rolling over. We will see what the fed does this week.

"First lesson in business is: Don’t get emotional about stock, clouds your judgement." - Gordon Gekko

like

Has the underlying investment thesis changed?

No.

Is the sell off Tesla specific?

No.

This is a healthy correction caused by LT rates and rotation to Covid recovery stocks.

If your thesis stood at 700, 800 or 900 then why wouldn’t it stand now? If anything your anticipate returns have gotten better! Remember it ain’t a loss till you sell.

like

Good luck to you.

I think you could be right in 1H but EOY no. Some key items:
- Model 2 announcement likely in China Nov auto show
- FSD beta update and MRR rollout by EOY
- Berlin and Austin factory open Jul-Sep
- Cybertruck starts rolling out of Austin

First half has
- Stimulus and green new type deal
- ARK invest PT update will build momentum

First half headwinds
- increasing LT rates
- potential soft Q1 earnings with S&X refresh resulting in Jan production being down and hit on margins. Also expect ‘noise’ if Tesla has sold any Bitcoin to keep it ‘profitable’.
- what’s ‘priced in’ already?

I’m holding through so I can get to LT cap gains with some recent shares/calls from last year.

like

Hold hold hold

like

Sell sell sell

like

Def sell. They hold bitcoin in cash management. Extremely volatile for that purpose. Hence a typical declined from BTC will smash the stock.

like

But a huge rocket launch in Bitcoin would help their balance sheet? So that is bullish.

I agree with PM. Its not that much cash they have tied up, and Bitcoin isn't going to zero any time soon. So, the risk is still relatively high, but its a somewhat calculated risk.

like

Stop watching it.

like

Same here, following

I have been buying last week and all tanking, so done more than my limit for Tesla.. will stay put..

Ofcourse its a HOLD, thank me 3 years later when it is above atleast 2000

What price point would you add more shares at? 600 or lower?

Play the long game, but in the future, be sure to have some dry powder ready to DCA into the stock by % decline from ATH. Thank me later.

If you have shares, it’s a hold assuming you believe in LT thesis.

If you don’t, this could be a good entry point. But there could be more pain for another month or two (but more macro not specific to TSLA).

Personally, I have the shares I want. If March 2023 leaps discount another 25-33% I might consider buying some margin.

Getting in Again if it drops to 570.

I hear you. I want to see how next few weeks play out before ‘betting the farm’. 10 year yields could still go up building the discount momentum (although I suspect other factors like margin and novice emotional buy high sell low investors). Especially worried about Q1 earnings. Most of the strong catalysts are 2H. If we’re at the same levels or cheaper in June/July then yeah, huge opportunity and I’ll seriously think about changing strategy. If up, all good. Already have a solid chunk of shares and leaps patiently waiting.

Related Posts

like

Does EY give a true up for 401k at the end of the year?

like

Hi Fishes!

This question is mainly for the people in that 20s and 30s. Just want to know if there is a trend and if our spending habits are taking a turn for the worse.

Most of us saw increase in our pay checks earlier this year, mainly due to resignation wave. Given how easy it is to spend money these days, have you guys noticed any changes in your spending habits? Have you started overspending or you are still mindful about day to day purchases?

like

Hey, anyone has suggestion for good lenders that can close in less than 21 days in Austin.
I have an offer ready and shopping for rates. Thanks!

like

If you have an active personal auto policy with Progressive at the end of April and May, you’ll receive a credit for 20% of your April and May premium. They may offer more credits in the future.

like

Just started my career and looking for advice. Other than putting money into my 401k what opportunities should I be looking at? I live for free so I have a decent amount of money.

like

What is your investment preference: S&P 500 ETF or Berkshire B? And why?

like

Does anybody work with personal capital for wealth management? I just had a meeting with them and it seems a good thing to have them manage investments since I don't have the time (or skills/knowledge to do it? I'd love to hear from who have hired them what your experience has been... Thanks!

like

How can we calculate the tax amount for every amount.Any one please advise on this.

like

After working for so long in this industry, working towards the skills, I am realizing the money is the only thing worth chasing because it’s all the same everywhere and you can only hope for the best

likefunny

Personal finance book recommendations?

like

How to take into valuation excess cash held by a separate unit but under the same company ?
I am valuing the unit that owns the cash. Will the excess cash be added to the valuation figure ?
Thanks

like

I am a direct private lender. I offer fast and reliable loan at 5% interest rate with no prepayment penalty. I can close a deal within 3-7 working days.

Do you have any project/deals that needs 100% funding?

-Jeremy

like

Hi - any good books recommendations for getting started on real estate investing?

like

Whelp, GroupM just suspended 401K matching, from May 1st till the end of the year...

Post Photo
like

I have my Masters in HR and my PHR but I don't think HR is for me, or I may not have the confidence for this role. I want to quit my job and live off my savings which can hold me over about 6 months, but then what??

like

What is your current PF balance
Mine is 97k

like

Available 2BHK unfurnished for family at Kharadi Bypass.

Reason: Moving out due to job change

like

There’s a pretty big group of people in eastern Oregon who want to be annexed into Idaho (not that I think it will end up happening) and I would love to know whether this is having any effect on property values.

like

How do you buy multiunit properties? Is there a website for it?

like

More Posts

looking for case partners for this weekend and next week day. Dm me if interested!

like

I'm finally back! After two weeks of being laid up in bed! Yay!

Post Photo
likeuplifting

Would be delighted to get referred in SAP. I can refer you back in JP Morgan if you are looking for a change.

Yoe: 7
Role: Project Manager

like

Anyone from Synechron, kindly let me know. Need some inputs/suggestions

like

Have an extra ACL weekend GA for sale- anyone interested?

like

For those of you doing DL- what activities have you done that have been fun and engaging?

like

Best face wash and lotion for oily skin? Fell for a Tiege Henley ad and it made it worse... broke out and the “AM lotion” is so thick and shiny....

Hey all - looking for help finding new men’s clothing for casual wear (all seasons). What’re your go-to brands?

Trying to expand my style & look at new brands - currently shopping at Zara, H&M, Bonobos, Banana Republic

Thanks for the help!

like

The rest of 2017 in advertising - your view, in emoticons.

like

People freaking out about Tom Brady’s kiss on HIS son: I’m sorry you don’t recognize a loving father. Probably tough for you growing up .

likesmart

Had to listen to someone pitch a brand partnership with the kids affected by the Florida shooting this morning. Feel like this industry is slowly making me sick.

likefunny

What do you do when the client keeps rewriting your copy?

like
like
like

Anyone aware of sites with good Technology Due Diligence practice cases for PE firms ? Sites like rocketblocks or Mconsulting Prep seem to be coming short on this.

like

Why is it this hard to get a job??? Like the ghosting is insane. I’ve had several interviews with fortune 100 companies and they all end up ghosting me… Anyone have any advice?

like

I almost dozed off in the meeting today. I was third chair 🤦🏾‍♀️🥺

likefunny

You’ve got to leave before you get left.

likefunny

Recommendations for a good orthopedist in Chicago?

like

I want to go freelance full time but am afraid this is a bad time to take the risk - for you freelance fishes out there, have things slowed down alot? Nyc based

like

Additional Posts in Stocks

I’ve always avoided annuities but think this one from NY Life is interesting. It’s called a Variable Investment Fund and you can add an Investment Preservation Rider for a fee. The IPR guarantees your investment return will at least be the cash you put in.

Typical portfolio returns about 7.5% after all fees. The commission fee is 2%.

So you are attenuating some upside and paying a pretty hefty fee, but you are insuring agains the downside.

Thoughts?

like

Posting this here too.

$GHSI and $TRCH. Both are going to pop. GHSI has to close over $1 today and tomorrow for listing compliance and then I expect PR to drop, as they haven’t dropped PR in a month. As for TRCH, upcoming merger with Meta next month and working with TSLA. Both holding strong on a very red day. You’re welcome.

like

The stock market always goes up, they say. It’s been white hot since 2009. Is 2022 the year the naysayers were talking about? Do we see a significant dip in the market for the year?

I am down 17% on FBGRX. And, I don’t even buy individual stocks anymore!

like

Well, for this week I can at least take some solace in thatt I don't own any PTON

likefunnyuplifting

Hum NIO, NKLA, TSLA, and WKHS... are we see potential redo of bitcoin/dotcom bubble?

like

What is going on with BB ?? Should I sell?

likefunny

Thoughts on PLTR as a long term play?

like

Tech has dipped a good amount this month ever since the rotation into value. Is this a good time to slowly accumulate tech holdings (FB, Microsoft, Apple to be specific)?

like