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igotthemojo

06/26/23 10:26 AM

#55619 RE: WMsince2008 #55600

“Company’s with big market cap down 70 % like tsla , don’t lie”

Since Oct, tsla has gone from $100 to $275….don’t lie..

If one purchased 1000 shares of tsla at $400, then purchased 1000 shares at 100, then they would be at breakeven right now…

That’s how good investing is done…but you have to know what you are doing…you can’t just follow advice from others who don’t know what they are doing…

OR, one could have paid attention to what was going on…Musk started buying shares of twitter on 01/2022…yup, that’s right…and guess when he stopped?…yup that’s right Oct 2022…

And where did Musk get all that money from?…he got that money by selling tons of tsla stock…he used tsla stock like his own personal ATM machine and just siphoned money out of it to buy a crap company like twitter….

When you see a ceo selling the stock in your company to buy something else, that’s a really big clue to get the hell out…

Now if you sold tsla at $350 or $400 you likely did so at a profit…and if you bought back at $100, you have more than doubled your money in the last 6 months…

If one bought tsla at $400 and simply held those shares in the face of all the signs that said you needed to dump those shares, then that person needs to put their money into mutual funds…

No lie…