Investing

So glad I own TSLA!!!

  • Last Updated:
  • Oct 23rd, 2020 12:51 pm
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Newbie
Mar 5, 2020
36 posts
12 upvotes
hockeyfan1990 wrote: RBC and most banks including CHMC predicted a housing crash from the pandemic back in March. Yet prices are up 20% in the GTA year to year.

I don’t believe what these analysts ever say anymore.


If analysts could alayze, they wouldn't be analysts anymore.
Deal Addict
Apr 24, 2017
1482 posts
690 upvotes
Blubbs wrote: Just wait, it's still entirely possible that everyone is just blowing their load right now and defaults are about to skyrocket.
When government subsidies stop flowing we’ll know.
Jr. Member
Dec 21, 2011
164 posts
29 upvotes
BURNABY
Could be another bloody day for Tesla...

Thinking about locking up my small profit and getting back in after a further fall....then watch it hit an ATH lol
Deal Addict
Aug 17, 2008
4286 posts
3426 upvotes
Tesla tests the circuits for German energy market push
WED SEP 2, 2020 / 7:45 AM EDT

https://reuters.com/article/amp/idUSKBN25T1S7

"In June, the company became a member of the Paris-based EPEX Spot power exchange, a platform used to trade much of western Europe's intraday cross-border electricity."
Newbie
Mar 9, 2017
70 posts
34 upvotes
at what price are people going to buy more? i still think there is much more room down to go. $375 or even lower.
Member
User avatar
Oct 12, 2009
419 posts
128 upvotes
I feel sick I bought in at $480!! I'm an idiot. I know it will go back up eventually but I should have been patient
2010 Contest Wins: 0
Deal Expert
User avatar
Apr 21, 2004
54013 posts
18958 upvotes
goodfella99 wrote: at what price are people going to buy more? i still think there is much more room down to go. $375 or even lower.
Perhaps. I am waiting for TSLA to hit a billion dollar valuation (hopefully more) and then buy long dated in the money put options (don't want to pay for volatility) in 2026/27.
Deal Addict
User avatar
May 19, 2005
3891 posts
884 upvotes
Markham
Got this week off and nothing to do so I decided to swing trade TSLA. I've gain 15 new "free" shares by doing Limit sell/buy orders. I'm sure real day traders have better strategies to take advantage of the volitility.
Some people just don't get that online forum posts shouldn't always be taken seriously.
Moderator
User avatar
Sep 21, 2004
10399 posts
4664 upvotes
Calgary
CupOfCats wrote: I feel sick I bought in at $480!! I'm an idiot. I know it will go back up eventually but I should have been patient
TSLA is a very volatile stock. It's actually quite common to go up or down 30% for no major reasons at all. We dropped about 25% since Monday so next week (if S&P inclusion is announced next Tuesday) may bounce back quite violently.
alanbrenton wrote: Perhaps. I am waiting for TSLA to hit a billion dollar valuation (hopefully more) and then buy long dated in the money put options (don't want to pay for volatility) in 2026/27.
*trillion*
Deal Expert
User avatar
Apr 21, 2004
54013 posts
18958 upvotes
b166er1337 wrote: TSLA is a very volatile stock. It's actually quite common to go up or down 30% for no major reasons at all. We dropped about 25% since Monday so next week (if S&P inclusion is announced next Tuesday) may bounce back quite violently.



*trillion*
Yes, trillion. :) Hopefully 2 trillion by then and other makers come out with compelling enough BEVs. If these BEVs will have no tri-motors by 2026, I will conceded and bow down to the almighty Tesla.

Lots of doom and gloom about TSLA on marketwatch. Probably sour grapes who didn't ride the run up.


Maybe TSLA will move 30% up on September 22, Battery Day.
Member
User avatar
Oct 12, 2009
419 posts
128 upvotes
b166er1337 wrote: TSLA is a very volatile stock. It's actually quite common to go up or down 30% for no major reasons at all. We dropped about 25% since Monday so next week (if S&P inclusion is announced next Tuesday) may bounce back quite violently.



*trillion*
Thanks man! It has some wild swings by the looks of things. It does that with Nio too, just on a smaller scale. Hopefully some guys got in near $400 and reap the rewards!!
2010 Contest Wins: 0
Newbie
Jun 17, 2017
37 posts
20 upvotes
Found this on the web.

S&P inclusion should be announced for TSLA by Sep14, if chosen.

On Sep21 is SP500 rebalance day. So, fund managers get 1 week notice.
Deal Addict
Aug 17, 2008
4286 posts
3426 upvotes
For Tesla Stock, Friday Could Be the Day the S&P 500 Decides
Updated Sept. 3, 2020 4:55 pm ET / Original Sept. 3, 2020 4:10 pm ET
https://www.barrons.com/articles/tesla- ... 1599163535

"The current rebalancing is slated for Friday, Sept 18. Notifications about any changes usually take place a couple of weeks before the actual event, making Sept. 4 a potentially important date."

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