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Drew Manns
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No caution needed. It’s up Ytd meaning if anybody sells, they sell at loss. Not many will do that. Also, up over 5 years. So nobody who bought last 5 years , those who sell, sell at a loss. This is HUGE BUY
XxNephilimxX
Drew Manns
:
What are you even talking about? It’s at an all time high it’s literally impossible to sell at a loss, this is going to be slammed with profit taking sells probably going down to 80 this week maybe even the 77 it was before the Tesla robo taxi flop when it shot up
Drew Manns
:
What I am saying is this… it has 83% institutional ownership not ppl like me or you. Most institutions won’t cash out unless huge profits and even if at profit, you have to consider tax loss harvesting. If they cash out now they pay taxes but if cash some out next year no taxes. That’s why I say it’s a huge buy. Institutions won’t cash out now bc pay taxes. Yes you’ll have small shares cash out but it won’t never get down double digits until next year.
Drew Manns : No caution needed. It’s up Ytd meaning if anybody sells, they sell at loss. Not many will do that. Also, up over 5 years. So nobody who bought last 5 years , those who sell, sell at a loss. This is HUGE BUY
XxNephilimxX Drew Manns : What are you even talking about? It’s at an all time high it’s literally impossible to sell at a loss, this is going to be slammed with profit taking sells probably going down to 80 this week maybe even the 77 it was before the Tesla robo taxi flop when it shot up
Julien198142 Drew Manns : my brain died reading that
Drew Manns : What I am saying is this… it has 83% institutional ownership not ppl like me or you. Most institutions won’t cash out unless huge profits and even if at profit, you have to consider tax loss harvesting. If they cash out now they pay taxes but if cash some out next year no taxes. That’s why I say it’s a huge buy. Institutions won’t cash out now bc pay taxes. Yes you’ll have small shares cash out but it won’t never get down double digits until next year.
Drew Manns : And bc nobody cashes out big and earnings around corner they are in Waymo and future too be Tesla rate cuts holidays, this a huge buy.
Drew Manns : Institutions will pile into UBER all way until next year then cash out and pay zero taxes.