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Re: KMC-1 post# 731

Monday, 04/05/2021 3:25:36 PM

Monday, April 05, 2021 3:25:36 PM

Post# of 8651
Sounds to me that you got over optimistic and slammed the margin hard and got wiped out. Believe me I did the same thing and lost big time. A tip never double down and use your margin limit. Some rules have changed and Day Traders are now allowed to go with 25% down now. I don't understand how that complies with Reg D. Can somebody correct me if I'm wrong? When you play the stockmarket you have to always take as in stone, that you're dealing with a bunch of crooks and adjust accordingly. Think about it have you ever even watched a Disney movie where there wasn't an antagonist. The whole report was just as likely a short attack or rivals profiting from their chaos. If for some miracle the Endurance finishes that race and things even go half as planned you can make your money back. If they actually do start mass production we've got the new TESLA on the block. This stock could blast past $100 bucks share. TESLA p/e ttm ratio is around 1100 to 1. TESLA eps ttm is $.64 cents a share. With a 30 to 1 p/e TESLA wouldn't even be a $20 stock. The RIDE plant is 1 mile by 1 mile it's the old LORDSTOWN GM plant with GM backing and a world class staff. Them big boys play dirty. Henry FORD hired leg breakers to keep the Unions out of his corporation. If you hold on there's a good chance you can still come out ahead on this!