TSLA Down 27% Since Peak/Split

Kinja'd!!! "davesaddiction @ opposite-lock.com" (davesaddiction)
09/11/2020 at 13:01 • Filed to: None

Kinja'd!!!0 Kinja'd!!! 17

Think we’ve finally seen its high?


DISCUSSION (17)


Kinja'd!!! dogisbadob > davesaddiction @ opposite-lock.com
09/11/2020 at 13:07

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Elon Musk is always high :p

Also, the Nelson ha-ha meme is obligatory here :


Kinja'd!!! Jim Spanfeller > davesaddiction @ opposite-lock.com
09/11/2020 at 13:08

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TSLA feels like such a useless abbreviation when it’s only one letter less...


Kinja'd!!! For Sweden > davesaddiction @ opposite-lock.com
09/11/2020 at 13:09

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Elon Musk has literally lost billions of dollars in less than two weeks.

This is a capitalist market failure and the government needs to bail him out of this trouble


Kinja'd!!! SBA Thanks You For All The Fish > For Sweden
09/11/2020 at 13:10

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Save ELON!

Kinja'd!!!


Kinja'd!!! davesaddiction @ opposite-lock.com > Jim Spanfeller
09/11/2020 at 13:11

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AT&T claimed T a long time ago. 


Kinja'd!!! SBA Thanks You For All The Fish > davesaddiction @ opposite-lock.com
09/11/2020 at 13:14

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Well, I “think” the market really expects sales to accelerate for them coming out of COVID. I’m skeptical (as usual)... they SWORE that Chinese Tesla production would only be for China, but today just announced they are shipping to other Asian markets. And, to Europe.

Reports say they are swimming in inventory in China.

So, I think it’s a “sideways” business in the next 5 quarters as Model Y steals sales from TM3 and TMX... and TMS continues to slide.

The real question is how long it is before the stock market figures out that growth stories are supposed to grow revenues and profits.  Because these guys are stalled.


Kinja'd!!! The Ghost of Oppo > davesaddiction @ opposite-lock.com
09/11/2020 at 13:23

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My friend got absolutely hosed thinking it was never gonna go down. What’s the old saying? “If you mailman says it’s a good buy, it’s too late”? I’m not trying to  demean him, but he is a mail carrier with no trading experience.


Kinja'd!!! davesaddiction @ opposite-lock.com > The Ghost of Oppo
09/11/2020 at 13:26

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Ha! Poor guy...

Hope he didn’t buy too much. 


Kinja'd!!! notsomethingstructural > davesaddiction @ opposite-lock.com
09/11/2020 at 13:42

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It’s not over yet. I said 40% off the high. Sub $300. Which is still $1500 a “ whole” share, should be closer to $250 or so in my lay opinion. 


Kinja'd!!! Mid Engine > The Ghost of Oppo
09/11/2020 at 14:09

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Bears make money, bulls make money, pigs get slaughtered.. market timing is for rank amateurs.


Kinja'd!!! krustywantout > davesaddiction @ opposite-lock.com
09/11/2020 at 14:29

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The fact is, retail investors should not be buying individual stocks. We are playing a game we have no business to be in. Even seasoned investors are getting screwed by the market makers.

https://themargins.substack.com/p/softbank-robinhood-and-a-margins?token=eyJ1c2VyX2lkIjoxMDM4NDgzNywicG9zdF9pZCI6MTM1MTUyOSwiXyI6IllHT2RMIiwiaWF0IjoxNTk5ODQ4MTEzLCJleHAiOjE1OTk4NTE3MTMsImlzcyI6InB1Yi02NjgzIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.v5-yJlKTTczLeRjjvkV66FAULkMa4cGCwDVSuV8Am7I


Kinja'd!!! BrianGriffin thinks “reliable” is just a state of mind > krustywantout
09/11/2020 at 15:20

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There are so many “ influencers” pushing Robinhood and other apps, coupled with people being at home and bored, that day trading is now become everyone’s replacement for drinking at the bar. It’s unsustainable.  Look at what happened to crypto. 


Kinja'd!!! krustywantout > BrianGriffin thinks “reliable” is just a state of mind
09/11/2020 at 15:45

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So true. The big players are using that trend to their advantage because they have metric ton of money to pump into these stocks to drive up demand and they don’t have to disclose their intentions. It’s a game rich people play with each other to see who can get richer. When you think of all the money that gets pumped into the stock market every day with people’s 401k plans, pension plans, insurance companies, stocks get more and more in demand (more $$ but finite number of stocks). What real pressure is there to reduce that demand since everyone is pushing retirement down the road and not leaving the market?

Then people compare Tesla to Apple or Microsoft thinking it’s a technology company. I’m sure that Apple’s and Microsoft’s margins are infinitely more then Tesla’s but people don’t understand that. Making low margin hardware is not the same as making high margin software.


Kinja'd!!! Rusty Vandura - www.tinyurl.com/keepoppo > davesaddiction @ opposite-lock.com
09/11/2020 at 17:12

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Why listen to the mail carrier when I have people on Oppo to advise me?


Kinja'd!!! davesaddiction @ opposite-lock.com > Rusty Vandura - www.tinyurl.com/keepoppo
09/11/2020 at 17:26

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Ha! Did you sell any higher than $1400? If not, sorry you couldn’t catch the peak, but glad my advice looks a little better now than it did a few weeks ago! 


Kinja'd!!! Rusty Vandura - www.tinyurl.com/keepoppo > davesaddiction @ opposite-lock.com
09/11/2020 at 22:03

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I wanna say it was like $1500. I still own a few shares.


Kinja'd!!! davesaddiction @ opposite-lock.com > Rusty Vandura - www.tinyurl.com/keepoppo
09/12/2020 at 13:52

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As long as you don’t curse me in your dreams... =)