Stock market tips and experiences

[2008M36MT]

Man TSLA at 167. Wait til it loses market share, it better start innovating and quick. The same car in 5 colors and 5 sizes with mediocre quality won't cut it.

[chassis]

In 10 years TSLA will be out-invested by the majors.

Between now and then, it will be interesting for shareholders. Plus EM has a new project to distract him from ploughing necessary massive capex into TSLA.

[Tyga11]

Originally Posted by 2008M36MT

Man TSLA at 167. Wait til it loses market share, it better start innovating and quick. The same car in 5 colors and 5 sizes with mediocre quality won't cut it.

Am I panicking? Yes. Am I resolved to the end? Yes. I sold some. I’m sticking with it. I’m nervous

[Tyga11]

Originally Posted by chassis

In 10 years TSLA will be out-invested by the majors.

Between now and then, it will be interesting for shareholders. Plus EM has a new project to distract him from ploughing necessary massive capex into TSLA.

I think the movement has more to do with twitter. Story is still the same. Hard to believe I was up over 120% and now am negative

[dradernh]

One of the things I've found interesting about Tesla are its Consumer Reports ratings for Expected Reliability and Owner Satisfaction. The former rates as low as it can go (1/5), and the latter as high as it can go (5/5). I think Range Rover is the only other model line that manages to achieve that feat year-after-year.

This one is a few years old now, but I wonder if Tesla is still bolting together the Model 3 in a tent:

[antzcrashing]

Sold Coinbase stock. Didn't have much, but FTX is domino effect. Hopefully Robinhood doesn't go too

[NeverL8]

Originally Posted by antzcrashing

Sold Coinbase stock. Didn't have much, but FTX is domino effect. Hopefully Robinhood doesn't go too

Robinhood won’t, it’s regulated

[2008M36MT]

As usual with my suboptimal timing I bought back into AAPL 300@144/share.

[chassis]

Originally Posted by 2008M36MT

As usual with my suboptimal timing I bought back into AAPL 300@144/share.

Why suboptimal? What is your investing time horizon?

[2008M36MT]

Originally Posted by chassis

Why suboptimal? What is your investing time horizon?

A month maybe. I'm going to dollar cost average down until about 1200 shares. Then a couple bucks profit would be fine for me.

[Chick Webb]

Originally Posted by 2008M36MT

A month maybe. I'm going to dollar cost average down until about 1200 shares. Then a couple bucks profit would be fine for me.

Given the situation with their supply chain (or is it demand?) it seems like a lot of risk. If your average cost is $140 for those 1200 shares, then $2/share is a return of 1.4%. Given that AAPL could easily drop 2-3X that depending on the news out of China, there seem to be a bunch of places that you can put that money to work and make more than 1.4% with a lot less risk. That's the return on a short term T-bill, almost.

[2008M36MT]

Originally Posted by Chick Webb

Given the situation with their supply chain (or is it demand?) it seems like a lot of risk. If your average cost is $140 for those 1200 shares, then $2/share is a return of 1.4%. Given that AAPL could easily drop 2-3X that depending on the news out of China, there seem to be a bunch of places that you can put that money to work and make more than 1.4% with a lot less risk. That's the return on a short term T-bill, almost.

I was only at 575 shares today and sold at $147.86. Made a good $2500 today, a little of something is better than a lot of nothing. I think it's riskier now to buy AAPL than this time last week, fed news notwithstanding.

Tell us what's good Scott Wapner.

[2008M36MT]

There's as much value to the SBF interview as there is in crypto as an investment. Most of those pumping are "a bunch of kids having a sleepover" as Sorkin said. It's going to turn out so bad for so many people. I dislike him even more after this interview and never thought that would be possible.

[Chick Webb]

Originally Posted by 2008M36MT

Tell us what's good Scott Wapner.

I wish I was that young and pretty! But I did buy some $25 Feb '23 VIX calls today after it dropped through $20. That's worked 4-5x this year and I suspect when the earnings sh*t hits the fan in Jan/Feb it will again.

If AAPL didn't have more fan-boys than TSLA I'd short it, but that's a fool's errand. Will have some cash when I close out my HD put sale (got $1088/contract, it's now down to $88, so I'll probably buy it back to free up that cash) next week. Still waiting for AAPL to hit $130.

[XKxRome0ox]

Originally Posted by 2008M36MT

Man TSLA at 167. Wait til it loses market share, it better start innovating and quick. The same car in 5 colors and 5 sizes with mediocre quality won't cut it.

what about all the data it has? and the charging networks?

[Tyga11]

Feels like this rally has some serious legs...

[antzcrashing]

Originally Posted by Chick Webb

I wish I was that young and pretty! But I did buy some $25 March '23 VIX calls today after it dropped through $20. That's worked 4-5x this year and I suspect when the earnings sh*t hits the fan in Jan/Feb it will again.

If AAPL didn't have more fan-boys than TSLA I'd short it, but that's a fool's errand. Will have some cash when I close out my HD put sale (got $10.88/contract, it's now down to $0.88, so I'll probably buy it back to free up that cash) next week. Still waiting for AAPL to hit $130.

I bet you paid an arm and a leg for those long term vix options

[Chick Webb]

Originally Posted by antzcrashing

I bet you paid an arm and a leg for those long term vix options

Not too bad. $3.25 ($325/contract). If the VIX gets North of 25 (and it's been above that level 2/3 of this year) I'll make a reasonable profit. If it hits 30 I'll do very well.

[antzcrashing]

Originally Posted by Chick Webb

Not too bad. $3.25 ($325/contract). If the VIX gets North of 25 (and it's been above that level 2/3 of this year) I'll make a reasonable profit. If it hits 30 I'll do very well.

I have been eying the vix too, but have held off as I am trying to bring up my cash reserves

[2008M36MT]

I sold my current 350 share position in AAPL at market open, $1700 gain. Not sure what to do now, all cash again, but reluctant to invest anywhere...timing the market...not too smaht.

[XKxRome0ox]

Originally Posted by 2008M36MT

I sold my current 350 share position in AAPL at market open, $1700 gain. Not sure what to do now, all cash again, but reluctant to invest anywhere...timing the market...not too smaht.

Nice
Now do it again

[2008M36MT]

Originally Posted by XKxRome0ox

Nice
Now do it again

I’m going to try. Last sale was 350@149.53, just bought 375@135.03.