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Old 06-02-23, 09:41 AM
  #1966  
swajames
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Originally Posted by AMIRZA786
My portfolio is being held up by TSLA, AAPL and CVS Pharmacy LOL! I bought a large block in 2019, in 2021 some "super smart" investors advised everyone to immediately dump TSLA. You know, it's over valued. Thank God I ignored them!

It is ironic. Financing my Tesla with gains from Tesla
APPL is my second biggest, followed by NVDA and AMD. Been a good week or two haha.

Until they all drop by 10% haha,
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Old 06-02-23, 02:56 PM
  #1967  
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Originally Posted by AMIRZA786
My portfolio is being held up by TSLA, AAPL and CVS Pharmacy LOL! I bought a large block in 2019, in 2021 some "super smart" investors advised everyone to immediately dump TSLA. You know, it's over valued. Thank God I ignored them!

It is ironic. Financing my Tesla with gains from Tesla
​​​​​
60 P/E TSLA is ripe for shorting. Dump it.

Biggest play right now is going long energy.
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Old 06-02-23, 03:06 PM
  #1968  
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Originally Posted by nitroracer
​​​​​
60 P/E TSLA is ripe for shorting. Dump it.

Biggest play right now is going long energy.
All the "smart" investors who bet against Tesla lost and had to eat crow. Stock I bought in 2019 has gained almost 400 percent. Nah, respectfully I'm not going to follow your advice, but thanks
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Old 06-02-23, 03:16 PM
  #1969  
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I'm a long term investor, and over the last 5 years, TSLA has grown over 900 percent, making it among the top 5 best performing stocks



Would I ever bet against Elon? Nope
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Old 06-02-23, 04:05 PM
  #1970  
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AMD, Nvidia and Tesla are the best tech stocks in the last decade. If you look at most Wall Street analysts they had a sell rating on Tesla consistently for that time span. Literally in their timeline is says SELL SELL SELL over and over again dozens of times.

Imagine the people that listened to them. Ouch.
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Old 06-02-23, 04:08 PM
  #1971  
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Originally Posted by LeX2K
AMD, Nvidia and Tesla are the best tech stocks in the last decade. If you look at most Wall Street analysts they had a sell rating on Tesla consistently for that time span. Literally in their timeline is says SELL SELL SELL over and over again dozens of times.

Imagine the people that listened to them. Ouch.
If I had listened to even one of these so called smart investors in 2021, I would be 400 percent poorer...and probably full of regret
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Old 06-02-23, 04:15 PM
  #1972  
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Probably? lol You would hate yourself.

Munro dropped a vid on the Cybertruck some very interesting stuff
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Old 06-02-23, 05:35 PM
  #1973  
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TSLA is up 105% YTD. Still down 8% over the last 12 months. Musk is the richest man in the world again according to a Bloomberg Billionaires tally.
If I would have bought stock instead of the car I'd have $600K. I do like the car, though so there's that.
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Old 06-03-23, 03:19 AM
  #1974  
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Yes Nvidia is going to be a trillion dollar company very soon.
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Old 06-03-23, 04:30 AM
  #1975  
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Originally Posted by AMIRZA786
All the "smart" investors who bet against Tesla lost and had to eat crow. Stock I bought in 2019 has gained almost 400 percent. Nah, respectfully I'm not going to follow your advice, but thanks
Not me. I rode it long for 7 years. Now im looking to get short and to get long Ford/GM. The spread will revert to the mean eventually.

*Not investing advice*
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Old 06-03-23, 04:38 AM
  #1976  
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Originally Posted by AMIRZA786
All the "smart" investors who bet against Tesla lost and had to eat crow. Stock I bought in 2019 has gained almost 400 percent. Nah, respectfully I'm not going to follow your advice, but thanks
That's awesome. How many shares? I like to adapt to markets and the landscape has changed. It has shed 75% of it's value form ATH. Not the sign of a healthy stock price.

Last edited by nitroracer; 06-03-23 at 04:52 AM.
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Old 06-03-23, 04:49 AM
  #1977  
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Originally Posted by LeX2K
AMD, Nvidia and Tesla are the best tech stocks in the last decade. If you look at most Wall Street analysts they had a sell rating on Tesla consistently for that time span. Literally in their timeline is says SELL SELL SELL over and over again dozens of times.

Imagine the people that listened to them. Ouch.
Might want to check the math on that one. I'd say, Netflix and Novanta, in that order.
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Old 06-03-23, 08:53 AM
  #1978  
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Originally Posted by nitroracer
That's awesome. How many shares? I like to adapt to markets and the landscape has changed. It has shed 75% of it's value form ATH. Not the sign of a healthy stock price.
Uhm... Not cool to ask that IMO.
That's like asking, "what's in your wallet". lol

Originally Posted by LeX2K
Probably? lol You would hate yourself.

Munro dropped a vid on the Cybertruck some very interesting stuff
https://www.youtube.com/watch?v=mRrZiF6o_2Q
I'm looking at the video cover art and it looks shiny so that means these things CAN be shined up.
All the videos I've seen so far have looked a little dull.

I will watch your video later.

Last edited by Margate330; 06-03-23 at 09:09 AM.
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Old 06-03-23, 10:09 AM
  #1979  
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Originally Posted by nitroracer
That's awesome. How many shares? I like to adapt to markets and the landscape has changed. It has shed 75% of it's value form ATH. Not the sign of a healthy stock price.
I really don't want to say how many shares, but enough to be pretty comfortable when I finally decide to cash out. You are forgetting that TSLA had three stock splits since going public, so not only has the value jumped 900 percent in 5 years (400 percent for me), but the number of shares I now own has tripled.

I'm extremely comfortable with Tesla's position. Demand is high, YoY revenue has increased 38.34 percent despite inflation and a poor economy, and their market cap is $678B, putting them at the 9th most valuable company.

No I understand you are not giving me financial advice, but I do appreciate your input. You may have some insight I don't have, I'm always open to others points of view. Not every investment I've made has panned out. After all, I'm human


Last edited by AMIRZA786; 06-03-23 at 10:12 AM.
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Old 06-03-23, 10:19 AM
  #1980  
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Originally Posted by nitroracer
Not me. I rode it long for 7 years. Now im looking to get short and to get long Ford/GM. The spread will revert to the mean eventually.

*Not investing advice*
You really trust a CEO that did this? Hope it works out for you.



Selling TSLA and going long on GM and Ford feels like this, but as you say not investment advice.





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