OT: Stock and Investment Thread

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
CCIV is down a stupid amount after the long awaited news about Lucid. Hope you guys cashed out already.
Don't understand the interest in Lucid. They are way, way, behind Tesla and many traditional automakers on getting EVs to market.
 

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
Actually there's no Tesla in ARKG, but it's coming back top earth as well. Long term that's interesting. I'll her credit, however, for her transparency.
+1
ARKG is focused on pharma and biotech. The entire industry has been sluggish for the past month. I'm a long time investor of PRHSX and that has been meh so far in 2021.
 

RUDead

All-Conference
Sep 20, 2017
3,655
3,840
0
Actually there's no Tesla in ARKG, but it's coming back top earth as well. Long term that's interesting. I'll her credit, however, for her transparency.

I think the biggest thing to watch out for is that the selling can cause more selling and a downward spiral like we saw with the short squeezes.
 
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Jtung230

Heisman
Jun 30, 2005
19,054
12,222
82
Don't understand the interest in Lucid. They are way, way, behind Tesla and many traditional automakers on getting EVs to market.
If you are a TSLA bull, you should be saying that it's undervalue so it can justified TSLA's value.
 

mdk02

Heisman
Aug 18, 2011
26,442
18,749
113
I think the biggest thing to watch out for is that the selling can cause more selling and a downward spiral like we saw with the short squeezes.

The predominant, but not total, buzz on Robing Hood et. al. was for ARKK. I don't think it's that much of an issue with ARKG. If things get overdone it's a buying opportunity. I don't see any holding with a market cap equal the top 10 manufacturers in the industry combined.
 
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rurahrah000

All-Conference
Aug 21, 2010
3,246
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Nonsensical comment. Please keep your TDS in check.

What is TDS? I think the smart thing to do is invest in multiple companies. I think TSLA will definitely be one of the winners, but there will be others that will do well in the EV and battery space. Lucid has a chance. GM and F may also do well.
 

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
What is TDS? I think the smart thing to do is invest in multiple companies. I think TSLA will definitely be one of the winners, but there will be others that will do well in the EV and battery space. Lucid has a chance. GM and F may also do well.
Tesla Derangement Syndrome (jtung hates all that is TSLA with a passion). :)
 

Jtung230

Heisman
Jun 30, 2005
19,054
12,222
82
Nonsensical comment. Please keep your TDS in check.
Nonsensical? Value is relative. I don't think you want to compare it to the traditional automakers because TSLA would be way overvalue. I think you should really do some analysis on TSLA.
 
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Jtung230

Heisman
Jun 30, 2005
19,054
12,222
82
As much as I think Musk is a genius and Tesla is a legitimate company with great technology, I would not be surprised to see him in hand-cuffs at some point.
zero chance. At worst, he writes a check. I don't think there is any fraud. Just a lot of dumb investors.
 

Jtung230

Heisman
Jun 30, 2005
19,054
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82
Just covered the last of BLNK for a 45% gain. Overall, made 20%. Not bad for 2 weeks. Unfortunately, I think that’s all the easy money out there.
 
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T2Kplus20

Heisman
May 1, 2007
31,166
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Nonsensical? Value is relative. I don't think you want to compare it to the traditional automakers because TSLA would be way overvalue. I think you should really do some analysis on TSLA.
The post wasn't about TSLA. You're schtick is getting old (as you have been told before).
 

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
Damn DMG up 20% on a day when Crypto is down overall. Up about 200% in the last 2 weeks.

Some potential wave riding outside of the overall crypto movement.
Good time to pick up some RIOT again (down to $51). I'm jumped on some DMG.
 

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
Just covered the last of BLNK for a 45% gain. Overall, made 20%. Not bad for 2 weeks. Unfortunately, I think that’s all the easy money out there.
If you bought BLNK a year ago you would still be up 1,400% as of today. 🤣
 

RUschool

Heisman
Jan 23, 2004
49,910
14,001
78
Nonsensical? Value is relative. I don't think you want to compare it to the traditional automakers because TSLA would be way overvalue. I think you should really do some analysis on TSLA.
I don’t owe any Tesla or any Bitcoin because it’s difficult to get a good idea of the value but some posters act like they are early buyers when it appears they might be late . My nephew brought Tesla at $70 a share and Bitcoin at $9,000. I don’t think he can lose just having it a little more than a year. I believe that both will retreat to a lower level but will reach new highs in maybe a year.
 

RUAldo

All-Conference
Sep 11, 2008
4,637
3,312
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The problem with certain posters on this Board is that they refuse to recognize that certain market dynamics, not to mention the musings of Musk and CW, have driven Tesla to the moon. I’ve got no issue with Tesla other than it’s hard for me to justify buying the stock even at these correction levels because it was so inflated in the first place.
 
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T2Kplus20

Heisman
May 1, 2007
31,166
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I don’t owe any Tesla or any Bitcoin because it’s difficult to get a good idea of the value but some posters act like they are early buyers when it appears they might be late . My nephew brought Tesla at $70 a share and Bitcoin at $9,000. I don’t think he can lose just having it a little more than a year. I believe that both will retreat to a lower level but will reach new highs in maybe a year.
+1
New highs for both in short order. Powell is sticking to the plan and DC is going to dump another $1-2T on the masses. That money needs to go somewhere.
 

Frida's Boss

All-American
Oct 10, 2005
10,952
7,737
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As much as I think Musk is a genius and Tesla is a legitimate company with great technology, I would not be surprised to see him in hand-cuffs at some point.

I certainly could see him running afoul of securities laws or, at a minimum, ostracized for governance. He already has run afoul. And the there are questions other boards would absolutely focus on. How much time does he spend on TSLA vs, for example, SpaceX? Or how about his various tunnel projects? What if he unleashes another now infamous “funding secured” tweet for a go private? His twitter habit and public comments on bitcoin would make me nervous as a shareholder. Of course, that’s what you get from a visionary, and I don’t doubt he is every bit a generational visionary. But I don’t think investors really consider the real risks of his behavior,
 

Frida's Boss

All-American
Oct 10, 2005
10,952
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Papa Powell weighs in.....good news for the market, sticking with the plan:


Powell’s comments remind me of this statement from Bernanke:

“At this juncture, however, the impact on the broader economy and financial markets of the problems in the sub-prime market seems likely to be contained.” – Ben Bernanke, March 2008

As one market observer noted at the time, the problems were indeed contained. To planet Earth.
 
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T2Kplus20

Heisman
May 1, 2007
31,166
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My FOLM prevents me from finding the next BLNK. I don’t have FOMO and rather be late to the party.
It also takes a lot of hard work to find those opportunities. Also beyond my time and capabilities (that's why I do funds/etfs).
 

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
Powell’s comments remind me of this statement from Bernanke:

“At this juncture, however, the impact on the broader economy and financial markets of the problems in the sub-prime market seems likely to be contained.” – Ben Bernanke, March 2008

As one market observer noted at the time, the problems were indeed contained. To planet Earth.
 

Scarletnut

All-Conference
Jul 27, 2001
5,467
4,159
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I wouldn't dismiss Frida out of hand. There will be a correction and it could be pretty steep. Different investors/posters on this thread will be affected differently depending on their timeline, their risk/reward tolerance and any lifestyle change a correction will result.
 

Jtung230

Heisman
Jun 30, 2005
19,054
12,222
82
I wouldn't dismiss Frida out of hand. There will be a correction and it could be pretty steep. Different investors/posters on this thread will be affected differently depending on their timeline, their risk/reward tolerance and any lifestyle change a correction will result.
Aren’t we in a correction?
 
Dec 4, 2010
5,866
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I certainly could see him running afoul of securities laws or, at a minimum, ostracized for governance. He already has run afoul. And the there are questions other boards would absolutely focus on. How much time does he spend on TSLA vs, for example, SpaceX? Or how about his various tunnel projects? What if he unleashes another now infamous “funding secured” tweet for a go private? His twitter habit and public comments on bitcoin would make me nervous as a shareholder. Of course, that’s what you get from a visionary, and I don’t doubt he is every bit a generational visionary. But I don’t think investors really consider the real risks of his behavior,
Short term "investors" get their panties in a bunch over Tesla buying Bitcoin, missing 2020 deliveries by 350 vehicles, and Elon's Twitter habits.
Long term, these are meaningless. For once, I'd love to hear an analysist talk about the number of batteries Tesla will produce in 2021, 2022, and beyond. Or, how Tesla's body castings will revolutionize how vehicles are assembled. But no, instead we get news on Elon's Twitter profile picture.
I suppose it's good news for long term investors in that we get to add to our existing shares during times like these. I certainly took advantage earlier this morning.
 
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Frida's Boss

All-American
Oct 10, 2005
10,952
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Short term "investors" get their panties in a bunch over Tesla buying Bitcoin, missing 2020 deliveries by 350 vehicles, and Elon's Twitter habits.
Long term, these are meaningless. For once, I'd love to hear an analysist talk about the number of batteries Tesla will produce in 2021, 2022, and beyond. Or, how Tesla's body castings will revolutionize how vehicles are assembled. But no, instead we get news on Elon's Twitter profile picture.
I suppose it's good news for long term investors in that we get to add to our existing shares during times like these. I certainly took advantage earlier this morning.

What you dismiss as irrelevant, meaningless habits are nothing of the sort. These are the type of actions that can lead to SEC scrutiny and forced removal, and have for many other companies. Presumably, a long term investor would be concerned if Musk were no longer the CEO.. hardly a trivial matter.
 

T2Kplus20

Heisman
May 1, 2007
31,166
19,189
113
Short term "investors" get their panties in a bunch over Tesla buying Bitcoin, missing 2020 deliveries by 350 vehicles, and Elon's Twitter habits.
Long term, these are meaningless. For once, I'd love to hear an analysist talk about the number of batteries Tesla will produce in 2021, 2022, and beyond. Or, how Tesla's body castings will revolutionize how vehicles are assembled. But no, instead we get news on Elon's Twitter profile picture.
I suppose it's good news for long term investors in that we get to add to our existing shares during times like these. I certainly took advantage earlier this morning.
Congrats! Enjoy the gift from those with weak knees. :)
 

Jtung230

Heisman
Jun 30, 2005
19,054
12,222
82
Technically, a correction is a 10% drop, a bear market is a 20% drop. I haven't calculated the numbers. We might be in a correction or very close to one.
Not in a correction yet. Large cap tech is and some are in bear market territory.