Money Investing megathread extravaganza - Page 227

Originally Posted by Buehler445:
We’re talking past each other.

You’re saying that a guy shouldn’t buy a share on a stock split because INTERNALLY the valuation shouldn’t change. But not all trades are made that way.

There can be a substantial bounce IN THE MARKETPLACE after a split.

RunKC didn’t specify his strategy here. He could very well buy on the announcement, ride it awhile and get back out, capturing the hype wave. That isn’t necessarily a bad strategy.

Or

RunKC could be using news of a stock split as validation for recent gains that they aren’t just a run to stability on this coronavirus thing. Logic would dictate that if it was an unexpected bounce or unsubstantiated within the business, they wouldn’t split. Which wouldn’t necessarily be a bad strategy.

Or

He could be just looking for a lower cost into a share. Which wouldn’t necessarily be a bad strategy.

I agree with you in principle if you’re looking at a buy and hold strategy. But there are some things that RunKC could be looking at that could be sound strategies also. He just didn’t specify.

You can both be right.

By waiting for a stock split you just missed a 10% gain, dumbass!!!

/Won
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To temper the feeling that I just blew through way too big a percentage of my paycheck on SB LIV gear, I'm throwing an equal amount of money into my IRA.

Thanks for coming to my Ted Talk.
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Originally Posted by MagicHef:
Tesla scares me as an investment because the founder didn't start the company to make money, but to change the vehicle landscape. I'd rather invest in companies whose primary goal is to make money.

FYI, don't listen to me.
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Originally Posted by MagicHef:
FYI, don't listen to me.

If they can keep up these 20% daily gains for the rest of the year, I'll be rich.
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Tesla stock is on fire. It closed today at $887.06/share.

And in after hours trading, it's over $900.
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IQ up another 5% today

WE GOING NUKULAR
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This has been a magical week in the markets. So much winning.....
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I finally dumped IQ and bought a bunch of PG&E. I should recoup my losses in about a month. Look at PG&E’s chart.
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Originally Posted by Munson:
Tesla stock is on fire. It closed today at $887.06/share.

And in after hours trading, it's over $900.

Keep fucking doubting Tesla. Everyone is worried about them making money in the short term. It's about the end game. Amazon didn't make money for years. Build the infrastructure, position yourself for success, profit later.
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I bought Paycom first thing this morning as it’s on a 14% dip from earnings despite excellent revenue.

I have a friend that works at the one here and he says they are a just ridiculously growing.

Not hard to see with their stock history
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Originally Posted by BWillie:
Keep fucking doubting Tesla. Everyone is worried about them making money in the short term. It's about the end game. Amazon didn't make money for years. Build the infrastructure, position yourself for success, profit later.

To be fair, that's the mentality of just about every startup, and a vast majority of them fail.
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Originally Posted by DaFace:
To be fair, that's the mentality of just about every startup, and a vast majority of them fail.

Tesla is in no shortage to receive funding though. They are given money hand over fist over and over again.
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