Money Investing megathread extravaganza - Page 227

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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Elon Musk is planning a space X ipo spinoff for the starlink satellite business.

https://www.bloomberg.com/news/artic...-pursue-an-ipo
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PG&E just has a federal judge rule in their favor. Stock could be back up to 60 by the end of the year.
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Originally Posted by BWillie:
Tesla is in no shortage to receive funding though. They are given money hand over fist over and over again.

You should have bought Tesla's existing debt for pennies on the dollar. Their new issuances are junk bond ratings and the last time they tried to secure more debt they had to put the Fremont factory up as collateral.

Originally Posted by :
Musk said the company was “bleeding money like crazy” as it worked through the Model 3 production ramp in the spring and summer. He said the company “came within single-digit” weeks of death before it was able to meet its Model 3 production goals.

They've definitely been walking a fine line. It looks like they might be cash flow positive for a year for the first time if things keep up. That's huge, as I think it'd get them into the S&P 500. Amazon's been in the S&P since 2005 and cash flow positive every year since.
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I bought stock in Chiefs Gear on NFLShop.com

So far I'm up 14,387,988 % !
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Sprint (S) is up about 70% in after hours trading thanks to a federal judge most likely approving the merger with T-Mobile.
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IQ up BIG today

MONEY BITCHES
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AKREX going to have another big day
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Originally Posted by Hammock Parties:
IQ up BIG today

MONEY BITCHES

HEADLINE

KC man with life savings invested in IQ only down 35%!!!!
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listen

i was always in this for the long haul

this is a comeback just like the super bowl
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Can someone explain r/wallstreetbets to me? Im a finance dummy, not a bit interested in high-risk trading for myself, but just curious how these huge money fluctuations work.
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Originally Posted by Rudy tossed tigger's salad:
Can someone explain r/wallstreetbets to me? Im a finance dummy, not a bit interested in high-risk trading for myself, but just curious how these huge money fluctuations work.

Stay away from that subreddit. It is not for real finance and investing discussion, but for "lulz." That sub is about gambling; not investing.

If you like reading about gambling on the stock market then it can be fun, but there are better ways to spend your time.
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