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So glad I own TSLA!!!

  • Last Updated:
  • Nov 7th, 2018 11:29 am
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Deal Fanatic
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Jun 26, 2005
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atang810 wrote:
Jul 4th, 2018 5:42 pm
Did you just describe yourself going to the casino tomorrow and buying red/black at the roulette table? lol For a stock with such high volatility you set a very narrow stop loss (money at risk). This is no different than gambling if you do that, no long term view and pure speculation. You basically put in a 2% buffer but the stock can move 5% in any given 2-3 day cycle.
I waited a few days to see what price did before I responded. As we saw, even a wider stop wouldn't have helped. During that day, it went down to 296.22, I was darn happy I got stopped out long before that. Lost a few hundred, as per my max risk plan.

I have my method, you have yours. My method is using a percentage of the ATR to place the stop.

This trade failed, as the demand zone wasn't strong enough, and also US markets wasn't exactly helping for those days. Even today, markets are up, TSLA is down/sideways.

My QQQ call options is doing good right now, I have it set at selling when its $1000 USD profit. Its almost there.
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Jun 26, 2005
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atang810 wrote:
Jul 5th, 2018 1:14 pm
That's my point exactly. Thanks muppetslayer. Who would go to the casino and play $20 hands but only bring in $40 total.
My profit price target vs. risk was 3:1 or more. As per my trading plan.
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Jun 26, 2005
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Order executed: STC 12 QQQ 2018-Sep-21 172 Call on 07-06-2018, 11:32

Woohoo executed , $1000 USD profit
Best text i got today!

I did the same for my parents account so it's $2000 today.
Penalty Box
Jan 13, 2017
321 posts
234 upvotes
word on the street is this worthless company doesn't have the cash to stock parts in most countries, example is Norway. owners are furious 2-12 month wait.

last time i checked burn rate is 8-10M/day, could be increasing as well b.c of POS quality cars made in a tent.

i think the end could be near without fresh cash injection, the pump boy lost it on twitter yesterday.
Member
Feb 5, 2017
413 posts
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Tesla reminds me of Fisker Karma... I remember when that car came out. Everybody was talking about it.. the designer... the press.. the aficionados. the 'eco' features...
Now it's a worthless piece of metal..
Sr. Member
Apr 9, 2012
566 posts
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Markham
rfdrfd wrote:
Jul 6th, 2018 10:22 am
I waited a few days to see what price did before I responded. As we saw, even a wider stop wouldn't have helped. During that day, it went down to 296.22, I was darn happy I got stopped out long before that. Lost a few hundred, as per my max risk plan.

I have my method, you have yours. My method is using a percentage of the ATR to place the stop.

This trade failed, as the demand zone wasn't strong enough, and also US markets wasn't exactly helping for those days. Even today, markets are up, TSLA is down/sideways.

My QQQ call options is doing good right now, I have it set at selling when its $1000 USD profit. Its almost there.
I also waited a few days to see what price did before I responded. This my friends is why you don't day trade like this guy and set unrealistic targets. The classic buy high, sell low and then the price goes back to where it is.

Face With Tears Of Joy
Deal Addict
Jun 27, 2007
3951 posts
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EV rebates are gone in ON

Cancelled M3 reservation immediately.
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃
Deal Addict
Jan 20, 2016
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Houston, TX
dlhunter wrote:
Jul 12th, 2018 12:10 pm
EV rebates are gone in ON

Cancelled M3 reservation immediately.
In USA rebates also are phasing out because Tesla reach 200k (and finally have to admit it after the pressure)
So for many folks waiting for promised 35k model it would be 1500 rebate and actual price would be NOT 35k
Park 5k for a year and do not get what you paid for...no thank you.
Meanwhile Nissan will deliver Leaf with bigger LG made battery (now thermocontrolled and well).
Same range as m3, lower price, no need to pay and wait...even smart cruise control is a base feature, not an 4k addon lol
Make the Trudeau drama teacher again!
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Sep 8, 2014
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asa1973 wrote:
Jul 12th, 2018 12:39 pm
Nissan will deliver Leaf with bigger LG made battery (now thermocontrolled and well).
Same range as m3, lower price, no need to pay and wait...even smart cruise control is a base feature, not an 4k addon lol
Um, Nissan has said the price of the 60 kWh battery on the new Leaf will absolutely be a premium above the price they charge for the 40 kWh.
I would highly doubt a Nissan Leaf 60 would be substantially cheaper (if at all) to a base Tesla 3 (when that is indeed available).

Tesla 3 base in Canada is $45K, which is similar to premium spec EV or PHEV from other manufacturers, inc Volt, Bolt, i3 and presumably Leaf 60kWh.
Deal Addict
Jan 20, 2016
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SmartElectric wrote:
Jul 12th, 2018 4:46 pm
Um, Nissan has said the price of the 60 kWh battery on the new Leaf will absolutely be a premium above the price they charge for the 40 kWh.
I would highly doubt a Nissan Leaf 60 would be substantially cheaper (if at all) to a base Tesla 3 (when that is indeed available).

Tesla 3 base in Canada is $45K, which is similar to premium spec EV or PHEV from other manufacturers, inc Volt, Bolt, i3 and presumably Leaf 60kWh.
Well, the "Base" model do not exist yet (we do not know exact levels of features) so hard to say. But based on what they selling right now, even to get radar aka adaptive cruise control included in Leaf, you have to pay 5k USD (6.6k CAD) on Tesla. Now it's 51k just for "smart" cruise addition. Plus no more free charge etc.
Make the Trudeau drama teacher again!
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Aug 17, 2008
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Tesla Asks Suppliers for Cash Back to Help Turn a Profit - WSJ
Updated July 22, 2018 07:11 p.m. EDT

Electric-car company, in memo, requests supplier returns meaningful portion of money spent since 2016

Excerpt;

The Sil­i­con Val­ley elec­tric car com­pany said it is ask­ing its sup­pli­ers for cash back to help it be­come prof­itable, ac­cord­ing to a memo re­viewed by The Wall Street Jour­nal that was sent to a sup­plier last week. Tesla re­quested the sup­plier re­turn what it calls a mean­ing­ful amount of money of its pay­ments since 2016, ac­cord­ing to the memo.

The auto mak­er’s memo, sent by a global sup­ply man­ager, de­scribed the re­quest as es­sen­tial to Tes­la’s con­tin­ued op­er­a­tion and char­ac­ter­ized it as an in­vest­ment in the car com­pany to con­tinue the long-term growth be­tween both play­ers.
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Jul 29, 2003
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MrMom wrote:
Jul 22nd, 2018 7:47 pm
Tesla Asks Suppliers for Cash Back to Help Turn a Profit - WSJ
Updated July 22, 2018 07:11 p.m. EDT

Electric-car company, in memo, requests supplier returns meaningful portion of money spent since 2016

Excerpt;

The Sil­i­con Val­ley elec­tric car com­pany said it is ask­ing its sup­pli­ers for cash back to help it be­come prof­itable, ac­cord­ing to a memo re­viewed by The Wall Street Jour­nal that was sent to a sup­plier last week. Tesla re­quested the sup­plier re­turn what it calls a mean­ing­ful amount of money of its pay­ments since 2016, ac­cord­ing to the memo.

The auto mak­er’s memo, sent by a global sup­ply man­ager, de­scribed the re­quest as es­sen­tial to Tes­la’s con­tin­ued op­er­a­tion and char­ac­ter­ized it as an in­vest­ment in the car com­pany to con­tinue the long-term growth be­tween both play­ers.
Link
https://www.wsj.com/articles/tesla-asks ... 1532301091
R.I.P. Rick Rypien #37

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Deal Addict
Jan 20, 2016
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Tesla did a turnaround, probably reacting to the messages people start taking out deposits. Which company actively denied (as many others), but the reaction rather confirm that. Now they're saying you do NOT need the reservation (but promised 35k model is not available anyway, lol) :
Model 3: Now Available to Order
Model 3 is available to order, and no reservation is required in the US. We’re now offering all our best options—including our Long Range and Performance configurations with dual motor all-wheel drive. You can design and order yours today for delivery in approximately 2–4 months.
Quite an example of PR - instead of saying "we could not fulfill our promise to deliver 35K model" they're saying "we're offering our best options first" lol
Make the Trudeau drama teacher again!
Deal Addict
Jun 15, 2012
1319 posts
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MB
New ‘bubble’ looming: How dangerous are tech giants that don’t make profits (VIDEO)
Tech giants like Tesla, Uber, or Spotify are making less and less profit at the moment and experts are worried about their impact on the world
https://www.rt.com/business/434534-tech ... ew-bubble/
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
- Warren Buffett

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