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  #341  
Old 22.08.2020, 10:04
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Re: Markets down - Invest now or wait further?

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It's all in trusts and funds. Especially SMT and Bailie Gifford Positive Change, but also a couple of others.
Tesla's market cap is about 1 million USD for every car they have produced, what can possibly go wrong
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  #342  
Old 22.08.2020, 12:20
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Re: Markets down - Invest now or wait further?

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Tesla's market cap is about 1 million USD for every car they have produced, what can possibly go wrong
the car is a vehicle (pun intended) to bring about their mission, and not their primary driver. Like Google's primary driver is not to provide free Gmail and GMaps to the masses, but to server ads based on their usage.
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  #343  
Old 22.08.2020, 12:41
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Re: Markets down - Invest now or wait further?

I had a Gold ETF a couple of years ago but panicked when the price was dropping too much and sold it all. Then the gold price started zooming up and dollar dropping in value in price in the last year and now with the Pandemic, I could have nearly doubled my invested .


Oh well that is life full of ups and downs.
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  #344  
Old 23.08.2020, 14:29
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Re: Markets down - Invest now or wait further?

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Tesla's market cap is about 1 million USD for every car they have produced, what can possibly go wrong
You and your impatience.

Just wait a week and it'll be 2 millions.
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  #345  
Old 25.08.2020, 14:21
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Re: Markets down - Invest now or wait further?

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maybe you haven't looked recently, but i think they've had 4 quarters of profit and fcf now.
Yes on paper due to $782 million in 100%-margin automotive regulatory credit sales in the second quarter compared to just $220 million in net income. As other manufactures make more EV's they won't be buying credits from TESLA, I think this could go horribly wrong. I see a sub $100 price will occur split adjusted so 75% fall from where we are now.
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  #346  
Old 25.08.2020, 14:46
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Re: Markets down - Invest now or wait further?

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Yes on paper due to $782 million in 100%-margin automotive regulatory credit sales in the second quarter compared to just $220 million in net income. As other manufactures make more EV's they won't be buying credits from TESLA, I think this could go horribly wrong. I see a sub $100 price will occur split adjusted so 75% fall from where we are now.
i agree that the credits are not sustainable.
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Old 25.08.2020, 15:03
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Re: Markets down - Invest now or wait further?

Dow Jones now broken through the 28K barrier.

Will it make it to 30K?
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  #348  
Old 25.08.2020, 15:09
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Re: Markets down - Invest now or wait further?

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Yes on paper due to $782 million in 100%-margin automotive regulatory credit sales in the second quarter compared to just $220 million in net income. As other manufactures make more EV's they won't be buying credits from TESLA, I think this could go horribly wrong. I see a sub $100 price will occur split adjusted so 75% fall from where we are now.
you are looking at an extreme growth stock with accounting glasses, that never worked so far, did it?

I believe there's enough "millenial" money in the world to hold TSLA above the $1000 mark (before split) for the considerable future if we avoid the general market crash for the next 2-3 yrs.
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  #349  
Old 25.08.2020, 15:42
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Re: Markets down - Invest now or wait further?

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you are looking at an extreme growth stock with accounting glasses, that never worked so far, did it?

I believe there's enough "millenial" money in the world to hold TSLA above the $1000 mark (before split) for the considerable future if we avoid the general market crash for the next 2-3 yrs.
As 38 YO millenial I remind everyone spouses are also involved in this. If today's price is 2000, I need to think how to explain to the customer 1000+ price in the future is a positive thing
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  #350  
Old 25.08.2020, 15:56
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Re: Markets down - Invest now or wait further?

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you are looking at an extreme growth stock with accounting glasses, that never worked so far, did it?

I believe there's enough "millenial" money in the world to hold TSLA above the $1000 mark (before split) for the considerable future if we avoid the general market crash for the next 2-3 yrs.
Plenty extreme growth business's have gone bust, usually 'confusing accounts' if you don't make a real profit in cash it's just a leap of faith.

The millennial's will have to work out an exit strategy, as you say they are the 'market', if they sell there will be nobody to buy.
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  #351  
Old 25.08.2020, 16:22
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Re: Markets down - Invest now or wait further?

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you are looking at an extreme growth stock with accounting glasses, that never worked so far, did it?

I believe there's enough "millenial" money in the world to hold TSLA above the $1000 mark (before split) for the considerable future if we avoid the general market crash for the next 2-3 yrs.
there's actually a very annoying and dislikable analyst that has an $86 price target on tesla (by end of 2021). while it does seem unlikely to go from 2k to 86 given the huge amount of millenial money involved, i don't think it is out of the question. if for example zev credits dry up quickly, successive quarterly losses are posted, i can see investors running for the hills, particularly those late-comers. with lack of fundamental support for these lofty share prices it could quickly tumble.

to be fair, TSLA at least has some kind of possible investment case if you squint at it and everything works in their favour, but even more extreme are 'companies' such as Nikola Corporation (NKLA) which now has a market cap of 15bn. as far as i can tell, the company is just a website, a few fancy presentations and a CEO i wouldn't trust if my life depended on it. i expect we'll see some lawsuits in a few years when everybody loses their shirts.

EDIT to add: just for laughs see the table here: NKLA borrow rates are 600% https://www.shortsight.com/nkla-tsla...rent%20reasons.
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  #352  
Old 25.08.2020, 16:25
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Re: Markets down - Invest now or wait further?

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there's actually a very annoying and dislikable analyst that has an $86 price target on tesla (by end of 2021). while it does seem unlikely to go from 2k to 86 given the huge amount of millenial money involved, i don't think it is out of the question. if for example zev credits dry up quickly, successive quarterly losses are posted, i can see investors running for the hills, particularly those late-comers. with lack of fundamental support for these lofty share prices it could quickly tumble.

to be fair, TSLA at least has some kind of possible investment case if you squint at it and everything works in their favour, but even more extreme are 'companies' such as Nikola Corporation (NKLA) which now has a market cap of 15bn. as far as i can tell, the company is just a website, a few fancy presentations and a CEO i wouldn't trust if my life depended on it. i expect we'll see some lawsuits in a few years when everybody loses their shirts.
Is the 86 a split adjusted price or 1/5 of my prediction?
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  #353  
Old 25.08.2020, 16:32
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Re: Markets down - Invest now or wait further?

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Is the 86 a split adjusted price or 1/5 of my prediction?
i think he had a $70 target in april, so i think it isn't split adjusted.
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  #354  
Old 25.08.2020, 16:34
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Re: Markets down - Invest now or wait further?

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i think he had a $70 target in april, so i think it isn't split adjusted.
You generally need to be more worried when the analysts all start agreeing with each other.
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  #355  
Old 25.08.2020, 16:55
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Re: Markets down - Invest now or wait further?

And most of these comments are coming from posters who have never bought a single share in Tesla probably
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  #356  
Old 25.08.2020, 17:02
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Re: Markets down - Invest now or wait further?

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And most of these comments are coming from posters who have never bought a single share in Tesla probably
But people who have bought & sold shares over many years, I was able to stop working at 52 as a result of being right more times than being wrong.

Remember if a stock falls 50% you have to then double to recover your original stake, not losing money is rule no 1
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  #357  
Old 25.08.2020, 17:50
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Re: Markets down - Invest now or wait further?

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And most of these comments are coming from posters who have never bought a single share in Tesla probably
Never bought a TSLA share, but once sold all my stocks for a down payment for house mortgage. Ahhh, the 2009 recession and slow recovery were such a good time to buy.

Today, I'm considering some out-of-money TSLA put options. Nothing more than lottery tickets.
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  #358  
Old 26.08.2020, 20:09
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Re: Markets down - Invest now or wait further?

Today FB has reached $300 per share which translates to 300% gain since I bought it in 2015 and kept it long term. From different technical analysis, no matter how you look at it, I believe it has still lots of frugal days ahead of it.

If only FB bought GPRO and put them out of their misery for good I would want to see SNAP come up with some good ideas and to boost their shares popularity. That ABB is disappointing as usual, they never go anywhere into serious region since years. However, AMD purchased for $36 a share was quite a good bet in my opinion.

Gotta be patient in all your “street” endeavours
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  #359  
Old 26.08.2020, 21:17
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Re: Markets down - Invest now or wait further?

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there's actually a very annoying and dislikable analyst that has an $86 price target on tesla (by end of 2021). while it does seem unlikely to go from 2k to 86 given the huge amount of millenial money involved, i don't think it is out of the question. if for example zev credits dry up quickly, successive quarterly losses are posted, i can see investors running for the hills, particularly those late-comers. with lack of fundamental support for these lofty share prices it could quickly tumble.
I personally don't believe the rally since it was around 500 USD. But nevertheless, Tesla has an invaluable amount of IP that is all the self driving kms their fleet is doing (remember the cars are always self driving, even if autopilot is not turned on). This IP alone puts them to a spot where noone can go in this decade and is a large enough moat to keep them in business even if the whole car manufacturing thing crashes.

Another one is their battery tech and what's coming next. We will be smarter in 4 weeks. If it's that awesome as you can expect from Musk then prepare for 3000.
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  #360  
Old 26.08.2020, 22:40
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Re: Markets down - Invest now or wait further?

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I personally don't believe the rally since it was around 500 USD. But nevertheless, Tesla has an invaluable amount of IP that is all the self driving kms their fleet is doing (remember the cars are always self driving, even if autopilot is not turned on). This IP alone puts them to a spot where noone can go in this decade and is a large enough moat to keep them in business even if the whole car manufacturing thing crashes.

Another one is their battery tech and what's coming next. We will be smarter in 4 weeks. If it's that awesome as you can expect from Musk then prepare for 3000.
Have you reviewed their IP portfolio?- which patents do you think are particularly important? (Says the patent attorney self importantly)

There's a big risk with putting a high value on these patents - how soon governments legalise self driving. If it's 2035+ all that ip may not be commercialisable.
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