Some paper-handed trader criticised and laughed at me for bu...
Some paper-handed trader criticised and laughed at me for buying at 880, 700 and now 650 (really 660 and 640), BUT I sold last year at a much-much higher price and I’m just BUYING BACK at lower prices (ridiculously lower today). If the price should drop more I’ll shoot my last bullets in order to get to the SPLIT as loaded as possible.
To simplify the concept to those “shaky” investors, each time I buy I make a profit, at whatever price, because I’m just buying back.
It’s quite easy to understand, but some guys are not so familiar with money so I felt the COMPELLING need to clarify 😂😂😂
PEACE 🙏and 🤑
To simplify the concept to those “shaky” investors, each time I buy I make a profit, at whatever price, because I’m just buying back.
It’s quite easy to understand, but some guys are not so familiar with money so I felt the COMPELLING need to clarify 😂😂😂
PEACE 🙏and 🤑
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TESLA holder and trader. Economics and tech studies, writer, traveller and chef for passion. FREE in SouthAmerica 😎
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junclj1223 : Soon will 400
Sigma6789 : Many newbie don’t understand money..![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
When price drop they shit their pants and talk smack..
Wait and wait till it’s all time high they start to fomo
Lazy to entertain those groups whatever
TeslaSmurf OP junclj1223 : Then I’ll buy at 400 = +780$ per each share I buy back
tinymonster1987 Sigma6789 : Haha don’t worry it won’t go to all time high again.
No more money to do that.. feds removing the extra money they printed from the market. Good luck holding. ;)
TeslaSmurf OP tinymonster1987 : Were do you think part of the money of the TWT purchase will go ? In the past Split the “printed” money had not fled the market, yet TSLA went stellar before backing 30% an then climbed to 900. If you ask me if it will go to 2000 soon I will answer no, of course. But reaching a new high ? Yes, also if for a short time. Will see, anyway I sold last year and I’m constantly buying back at much lower prices. So, each time I buy I make a profit: exactly the contrary of what could seem. Should I just keep the cash or wait the absolute lowest price ?
I’m not a magician, I can only follow the market and buy each time there a dip.
If it goes even lower ? I’ll put in some more money. Or should I deposit it in a bank?
tinymonster1987 TeslaSmurf OP : Hahaha I won’t invest in just 1 stock :)
There are so many other companies that’s worthy.
Many that you think were “Tesla”.
This stock is too hyped.
For investment this stock is way over priced.
For day trading it’s possible :)
Just my 10 cents worth. Dyodd.
Richard1 : we talk about religious belief last time and now the topic ia still valid
TeslaSmurf OP tinymonster1987 : Which other company has 70/80% annual growth both in production and economic results? Which other young company has no debt and 17 spare cash Billions increasing each quarter ? Do you know that it takes Tesla 10 hours to build a model Y, while Volkswagen needs more than 30 hours to build an Id4 and that Tesla has a 32% margin while VW profit is a few hundred euros and their dealers do not want to sell it because EVs have very little (or none) maintenance compared to an ICE car ? Do you know that Tesla insurance is growing at an incredible path and soon every Tesla will have it (2-5-10-20-40 million customers by the end of the decade: that’s monstruos profit). Do you know that the Tesla robot will be a revolution bigger than the EVs ? Do you consider that from about 2025/26 Tesla will take over the transportation with their robotaxis all around the world ? (In many states and countries the new legislations already allow them). That’s why the stock APPEARS overvalued. In fact it is way UNDERVALUED.
TeslaSmurf OP Richard1 : Please read the answer to Tinymonster… I ADMIT there is a component of FAITH. Not religious, but based on data, on the plans for the near future, on TREMENDOUS engineering capability. I am conscious that it implies a belief in the fact that Tesla will be able to deliver all that, but ALL that is on its way. Thanks to the RESULTS (unbelieved by most) I am here talking today: because I studied it and followed as they were able to deliver the model 3 with success and great profit and the model Y with revolutionary production strategy. WHO should I bet my money on, if not a guy totally dedicated, with ALL his money in it as well, who has (in the meantime) overtaken the rocket and satellite sector too… against the European consortium, against the Russian and the Chinese? SpaceX has no competitors in rocketry as Tesla has no real competitors in cars.
Is this a kind of “religious” believe ? Unfortunately I wasn’t a “believer” when the stock was at 50$… but THAT kind of belief is not in my nature: I need proof, they gave it, and the market responded.
The price has lowered a lot ? Undeniable, but ALL the tech has crashed (growth stocks even more, of course). It will recover, it’s a fun and profitable rollercoaster.
As for investing in ONE company… how can you dollar-cost average and buy the dips if you are invested in 6 or 12 companies ? Not to talk about the energy and the time required to study and follow all of them.
At that point my choice would be rather buy Berkshire Hathaway, BlackRock and COINBASE (at this price I’m really tented, but I won’t just in case TSLA slips down more) and don’t think about it any more: totally stress-free. Or you think you are smarter than those guys ? (Buffet and company…)
Wish you all the best.
TeslaSmurf OP : I know I write a lot, but… I’m a writer, I can’t avoid it
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