I started buying GTII awhile back when it was around $5 . Kept averaging down as it dropped to .50
Now sitting on 8200 shares at 1.05 avg
It's in a strong uptrend now back to 1.16. This guy Arca I've been following seems pretty damn brilliant in his charting and feels there's going to be a run to $18. The other day he said a scenerio to $40-$60
Originally Posted by Hog's Gone Fishin:
I ordered a solar powered generator last night for $2595 and I told my daughter I need to make that back this week . Need a homerun today.
Well, right now I'm staring at $3500 profit today but haven't taken it. If GTII is going to $5 which I think it will I'll be glad I held.
On the other hand.........................
What to do???????
Remember you don't have to be all in or all out... [Reply]
Originally Posted by blake5676:
Would you buy TSLA today though, down almost 75% on the year? I see aftermarket it's at about $107.50/share.
No way. The fundamentals are a mess and it's still way overvauled even at it's current price. Competitors are very much catching up to the technology of it too so Tesla will continue to have tons more competition in this space in the next few years.
You can't trust Elon. You can't trust him to make good decisions. Telsa would be better if he sold it. [Reply]
Originally Posted by blake5676:
Would you buy TSLA today though, down almost 75% on the year? I see aftermarket it's at about $107.50/share.
Instead of buying 100 shares of TSLA, I would sell to open a single PUT contract for July 2023 with an $80 strike price and collect a huge premium of $1000.
That lowers your cost to own to $70 if the stock is "put" to you.
You would have to have the cash or margin power in your account to cover the stock purchase, which would be $7,000. [Reply]