My son has 3 shares left that he bought at $566.00. He asked me if he should sell them but I think he wants to hold TSLA a long time. I was thinking sell one share and you get most of your initial purchase money back and if it drops down back to 750 you can buy 2 shares for the amount of the 1 share you sold. Part of me just wants to tell him to keep it if he plans on holding long term.
Man, what a pricey stock. It’s so volatile, I refuse to play options. Cult stocks are tough for me to trade for some reason. If it’s three shares and the money isn’t needed I say forget it. Maybe it will split and run up a few times in his life span and be a nice consolation prize in his future. If he wants to grow his account, I’d in and out on dips and runs
I'd also be in and out, but that's how I trade too. I could see a split in the future and that would be nice, but I could also definitely see another selloff back below $700. There's pros and cons to holding or being in and out of it.
I would have sold at $1000 and would have been wrong. I would have sold several times on big up moves hoping for a pullback to get back in at a better price and I would have been wrong each time. I think TSLA will one day have a trillion dollar market cap.
With this current move to $1600, we are running up into earnings, IMO, because everybody thinks TSLA will be profitable and be eligible to be included into the S&P index. And forcing shorts to cover. I think there is huge risk to the downside if TSLA misses on earnings, which I think is a good chance. There is a pandemic going on.
If I had 3 shares, I would sell atleast 1 probably 2, but I have been wrong on TSLA many times. There's no telling what happens. Gun to my head, I think we go back to $1000 after earnings. I might even look into a put spread.
Thanos was the hero
Just sold 1 share at 1760.50. He made back his entire purchase price with 1 share and I told him it was too expensive at 566
I think that's a smart play. Glad to see he turned a nice profit!
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Yep that’s the best way to do it. I love riding on free shares. I also thought it was too high at $600 ��
Your son timed the market high very well.
I did not expect it to swing down to 1500 at close.
He has been pounding his chest all dayOriginally Posted by Charles Prestridge
I would be pounding my chest too. That is great.He has been pounding his chest all day
Good job on his part but keep his your eyes open some so called experts say it could hit 400.00 I seen on Bloomberg. I don’t know crap about stocks just interested in them.
Okay, place your bets. Earnings are today after the close.
If I had money to throw away, I would short.
I hope they disappoint and sometime this year I can buy around 1000 and 800
Thanos was the hero
If it drops under 1000 I may buy some shares for myself.
I think I would short also if I was going to play it. I would like some around your buypoint as well.
Wow impressive earnings beat
I’m surprised. Still too high in my opinion
I agree but I just don't know what is going to cause it to fall.
And thats why I don't short anything
Thanos was the hero
Me eitherAnd thats why I don't short anything
And thats why I don't short anything
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