Money Investing megathread extravaganza - Page 375

Originally Posted by lewdog:
Everything Musk does is carefully crafted for his oddball image. Covid turned out great for Tesla, as it slowed/stopped Ford's long anticipated grand entry into electric vehicles. Ford's new electric vehicles will be years ahead of the overpriced trash Tesla is peddling. But, Tesla has a $$$ cult following, and Musk can do no wrong. Giant pyramid scheme on the part of major stockholders, if you ask me. Yes, I think Tesla will fail, too.

Ford's SUV is not anywhere close to being the value proposition that a Model Y is right now. Wait until the base model y is unleashed. And the cyber truck. Don't forget in Sept, they have a major battery announcement. Did I mention they have the best charging tech and network in America? Auto makers are almost a decade behind Tesla in tech right now. They are appropriately valued until the market at large can compete.
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So I bought some NIO last year. For most of the time I've had it, it had stayed well below where I bought it (60% loss).

I sold it recently when it got to my break even level in the $5 range because I thought it would sink again. Boy was I wrong. It's closing in on $15/share today.

Sent from my SM-J737T using Tapatalk
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I've seen this euphoria 2 or 3 times before and it never ended well.

NASDAQ is in a massive bubble......

CAUTION is the word of the day........good luck to you all.
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Originally Posted by Hammock Parties:
hey lewdog

I’ve 90% got realized gains from a company based on pure speculation.

I’m not looking for many long term holds in a market set for a downturn. You could see your down payment money evaporate by years end.
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Maybe you can buy back at 60 :-)

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Originally Posted by lewdog:
I’ve 90% got realized gains from a company based on pure speculation.

I’m not looking for many long term holds in a market set for a downturn. You could see your down payment money evaporate by years end.

:-)

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Originally Posted by scho63:
:-)

There’s no way we don’t see a big downturn in the next year.

Timing that is hard though so I’m taking chunks of profit in my brokerage account as we work back through this “recovery.” I’ll follow with stop losses as we move higher too.
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Holy shit this is crazy. This is like Clay’s dream :-)

https://www.reddit.com/r/wallstreetb...m_in_4_months/
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Originally Posted by lewdog:
There’s no way we don’t see a big downturn in the next year.

That’s why it’s important to buy good companies! Apple and Amazon for example didn’t have any negative effect from the pandemic. They went down for 5 mins then came roaring back
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Originally Posted by RunKC:
That’s why it’s important to buy good companies! Apple and Amazon for example didn’t have any negative effect from the pandemic. They went down for 5 mins then came roaring back

In a big, overall market downturn, all stocks will suffer. Just some more than others.
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I just timed BTC perfectly again. It's gotten easy to see.
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look at this big bitch brake

:-)FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
:-)FFFFFF; line-height:0; padding:0 0; text-align:center; text-decoration:none; width:100%;" target="_blank">

:-)3897f0; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:550; line-height:18px;"> View this post on Instagram

:-)000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_blank">A little BTS of the #NikolaTwo performing an emergency brake test. #NikolaTwoSemiTruck #BrakeTest

:-)c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;">A post shared by :-)c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px;" target="_blank"> Nikola Motor Company (@nikolamotorcompany) on Jul 9, 2020 at 8:31am PDT

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