Wealth moves from the impatient to the patient....
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Acquisition completed... new ticker will be RVPH and RVPHW...
Maybe that's why I rarely short a stock... I would rather play the positive side of things...
Absolutely clowns... I agree! Stupid ANALysts....
$TSLA
Good luck.. and Happy Friday!
$TSLA Stupid analysts... Change from buy to hold, but raise the price target by $150 to $650... lame...
That could apply to any stock... Lack of news/earnings, etc., is when charts come more in to play. And using charts together with news/earnings events, or any events, help to make much better determination of when to enter or exit a trade. Selling calls and puts, like you have mentioned in other posts is a nice way to make money to. I do the same, but I still use charts...
Mike Tyson's quote is nice, but without a plan, I think he might have gotten punched in the face more often... lol
On another note.... I have his fight with Jones that he was just in recorded and I haven't watched it yet!
I don't believe in most analysts. They are out for themselves and maybe their own clients. But I do listen and observe as much as I can from the charts, company relations with investors, the CEO. etc.. And Elon is loved and hated by many. But what CEO isn't. Elon is just in the headlines more than most, and the Tesla pps growth has been crazy.
With all the fomo/exuberance I think she will go higher. To me Tesla is like Amazon. They first started with just books and now look at them. Tesla is doing the same. They have many different things going on around the world, and it is just growing more and more. That's why I think the price is justified and that it will probably go over $1000 next year, if not higher.
This is just MY thoughts. Could she break lower... absolutely! Anything could happen... I do my best not to fall in love with a stock, but it seems that many do, and that brings in a lot of momentum, even if the price is overvalued in some peoples eyes... I look for stocks that move and have higher volatility to play options, whether buying or selling them. And Tesla has been fun to play and speculate... But I do also buy and own stock at times.
Again, just my thoughts...
Will Tesla's Stock Reach $1,000 (Again) By 2022?
12:55 pm, December 10, 2020
Portfolios: First Watchlist
Tickers: $TSLA
Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
We surveyed a group of over 300 investors on whether shares of Tesla Inc (NASDAQ: $TSLA) will reach $1,000 by 2022. Tesla trades around $607 at publication time.
The stock hit $1,000 earlier this year before the company's five-for-one stock split took effect on Aug. 31, 2020.
Tesla Stock Forecast
Founded in 2003, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. A brief history of Tesla’s vehicle lineup reveals the Tesla Roadster debuted in 2008, Model S in 2012, Model X in 2015, Model 3 in 2017, and Model Y in 2020.
Tesla also sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities.
Global deliveries in 2019 were 367,656 units. Based on third-quarter earnings data, Tesla remains on track and has the capacity to top its goal of 500,000 vehicle deliveries in 2020.
On Oct. 21, the company reported third-quarter revenue of $8.77 billion, representing a year-over-year increase of 39%. Revenue for the Palo Alto-based EV manufacturer came in higher than estimates of $8.26 billion. The sum of all automotive sales revenue for Tesla was $7.6 billion.
Seventy-three percent of readers said Tesla will reach $1,000 per share by 2022.
The most-cited reason for near-term growth. Many readers said Tesla is more than a car company and is instead a tech company that provides the automotive and household energy solutions of the future.
Yep.. no irrational exuberance.. LOL
I already have $TSLA in my portfolio and didn't buy more. Saw the weakness yesterday and decided to wait to buy more... Looking to add but I will wait. 30 minutes rolled over and we shall see what happens today. But I don't see $420 or $500 coming... But you never know. The market will decide where she goes... I'm not sweating anything. I have lot's of cash sitting around to buy... May wait till after the 21st to see what happens to add anymore. We shall see!
lol... funny, because I just put twitter on my phone so I can follow certain CEO's. But not to pump stocks... I don't like pumping any stock. The stock is not worth anything if you have to pump it... That's my thoughts anyways.
$SNDL
Good luck with that $500 and all your predictions... I never listen to anyone but my chart and myself... This board is just for fun and sharing ideas... Good luck!
$TSLA
$TSLA Everyone and there predictions of doom and gloom and this thing is right back up 2.3%... Tesla is like a Jedi Warrior!
What you should do is NOT take advice from anyone on these boards. Learn to read some charts and think about how the stock trades. You can do it.
$TSLA
Nice... Good luck to you! Lot's of $$$$ to be made as it goes up and as it goes down... love the volatility...
$TSLA
$GE Baby... loving this strong movement with a crappy overall market.
Nope, they sure can't... $TSLA tries real hard, but she needs a breather. This is a nice reset. This is going to be real volatile for quite a while. Nice for playing options...
Looks like a nice dump down... Probably triggering stop limit orders, and picking up shares. Glad I didn't buy yet...
WoW... Big push to get this lower. Looks like a great buying op...
Yep, I think everyone wants cheaper shares... But how low will this go? No one knows... But $620 area looks like some resistance.
$TSLA
JP Morgan with their BS... is so funny! JPM is a shortie....
$TSLA
$GE Looking real nice! Holding and adding some...
Definitely a nice ride for some $$$$...
$FUV
Elon Musk Advises Fellow CEOs To Spend Less Time On PowerPoint And Do This Instead
9:37 pm, December 8, 2020
Portfolios: First Watchlist
Tickers: $TSLA $PYPL
Tesla Inc (NASDAQ: $TSLA) and SpaceX CEO Elon Musk said Tuesday that fellow CEOs should embrace criticism and attention to detail while abandoning the unilateral focus on the bottom line.
What Happened: Speaking virtually at the WSJ CEO Summit, Musk dished out advice to chief executives.
“Are CEOs from corporate America focused enough on product improvement? I think the answer is no,” said Musk.
The billionaire entrepreneur urged business leaders to ask themselves what they could do to make their product great.
“I just honestly would recommend to anyone listening...just spend less time in meeting[s], less time on PowerPoint presentations, less time on spreadsheets and more time on the factory floor or time with customers,” exhorted Musk.
Musk encouraged CEOs to pay heed to negative feedback “from all corners” and from customers and non-customers alike.
The Tesla honcho was critical of corporate America and complained that there are “too many MBAs running companies.”
According to Musk, innovation is “learnable,” and not a “mysterious thing.”
Why It Matters : Musk explained that financials are a result of a great product. He propounded the theory that companies should have a focus on products and services.
The South African-born American executive is an industrial designer and an engineer. Besides running Tesla, he is the founder of the Boring Company and the co-founder of Neuralink.
One of Musk’s earliest ventures, Zip2 was purchased by Compaq in a $341 million deal and another X.com merged into Peter Thiel co-founded PayPal Holdings Ltd (NASDAQ: $PYPL), according to Business Insider.
Musk confirmed Tuesday that he is moving to Texas from California, even though both Tesla and SpaceX will continue major operations in the Golden State for the time being.
Price Action: Tesla shares closed nearly 1.3% higher at $649.88 on Tuesday and fell almost 0.6% in the after-hours session.
$FUV Some nice upside movement today...
Yes they do... I don't consider talking about a stock or sharing news and thoughts, pumping...
$SNDL
Yes sir, pay that debt off... $GE
Agree... lots of stuff to come... $GE
You are spot off with that bro... But good luck... $GE
Who was pumping this thing? I don't see anyone pumping this... Here you go... To the Moon Alice! LMAO
$SNDL
That's so damn funny... People thinking Clay can move these stocks with his short magic... especially Tesla. LMAO
$TSLA
Very nice... Ride the train! $QS
Very nice.. I have been buying and my options are crazy that I bought a couple months ago...
$GE Yes sir... Looking good here with the Max flying and new orders of engines for the new planes BO will build for Ryanair...
$GE needs to bust that $11 resistance....
Old news... but thanks! $XPEV
Yah sure... Okay $XPEV
Yah sure.... Okay $SNDL LOL
lol... sure does look like that lately... what is valuation anymore?
Tesla Bear Chanos Trims 'Painful' Short, Tells Musk 'Job Well Done So Far:' Bloomberg
5:50 am, December 4, 2020
Portfolios: First Watchlist
Tickers: $NKLA $TSLA
Famed short-seller Jim Chanos has reduced the size of his short position on Tesla Inc (NASDAQ: $TSLA), but he is not done with it yet, Bloomberg reports.
What Happened: Jim Chanos has been short on Tesla since 2016. “It wasn’t such a bad short,” for the first four years, but the last 12 months is a different story, he told in a Bloomberg interview.
“It’s been painful, clearly,” Chanos said. Tesla has gained more than 700% in the last 12 months, and its market capitalization is above $500 billion, bigger than all but five members of the S&P 500.
Chanos has reduced the size of his Tesla short position from the maximum 5% of capital allowed at his hedge-fund firm Kynikos Associates.
Chanos said that a lot of other companies are trying to ride on the EV bandwagon. He is short on Nikola Corporation (NASDAQ: NKLA) too.
Why It Matters: Chanos still takes issue with Tesla’s business model and valuation. Some consider Tesla as an electric-vehicle play, while some view it as an autonomous-vehicle company.
“It’s whatever people want to believe Elon Musk is touting,” said Chanos. He said that Tesla’s five straight quarters of profit are due to sales of energy credits rather than car sales. It is trading at 900 times trailing earnings and more than 150 times estimated earnings for the next four quarters.
Chanos said he has never met Elon Musk or had a conversation with him. If they were to meet, he would tell Musk, “job well done so far.”
According to Chanos, investors are looking at the Fed as their insurance policy in the zero-interest-rate environment, thinking the Fed will never let them lose money.
Price Action: TSLA shares closed 4.3% higher at $593.38 on Thursday.