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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (162507)9/11/2020 4:31:04 PM
From: TobagoJack  Respond to of 218841
 
If it wasn’t before, it is now :0)

I shall just accumulate by shorting puts until am putted or the cows come home along w/ the chickens to roost

In the meantime, added AAPL shorts to TSLA shorts (albeit do own some near-money / short-duration / ‘cheaper’ calls to pivot on ‘Battery Day’ coming up 22nd of September)



To: Julius Wong who wrote (162507)9/13/2020 5:37:20 PM
From: TobagoJack  Read Replies (1) | Respond to of 218841
 
Re <<value stock>>

In line w/ new-speak, we might redefine value-stock as stocks that will go up, and once so, TSLA qualifies

zerohedge.com

Retail Worshipers Routed By Last Week's Tesla Tumble Remain Faithful To The Church Of Musk

Tesla had one of its ugliest trading weeks as a public company last week and has shed $120 billion in market cap from its all time highs. For many who have piled into Tesla over the last year or two, it represented one of the sharpest selloffs the name has seen in recent memory.

But for now, retail investors are remaining faithful at the church of Elon Musk. FT pointed out one such example, 54-year-old freelance IT manager David Baird. He watched more than $1 million in gains disappear last week but told FT he wasn't yet ready to cash out, despite that being a near 50% loss in his Tesla holdings.



He said:

Pops and Flops: Gamestop, Shake Shack, and Tesla Stock

“I’m constantly bombarded by people who think they know better, telling me to sell over the past five years - that’s why I’m up. Once you’ve driven a Tesla you have to have one. It burns you up. It eats you inside.”

Among the Elon cultists investors that FT spoke to was Galileo Russell, well known for his Hyperchange TV channel on YouTube that has spent the better part of the last few years praising Musk and Tesla to the point that Russell was even allowed to ask a question on a Tesla conference call.

Russell, unsurprisingly, said: “This isn’t an equity price miracle or the market being irrational. This is the market processing one of the greatest business miracles of all time.”

Oh, it's a miracle alright.



But, in truth, the retail base of investors that Tesla does have has likely helped with some of the stock's upward momentum. Amy Wu Silverman, a strategist at RBC Capital Markets, commented:

"The shares have a very heavy retail following and when that's true, it becomes less about the numbers and more about vision. Retail investors are buying into the idea that this is the future and it becomes less about what it means from a valuation perspective.”

Steve Sosnick, chief investment strategist at Interactive Brokers, stated:

Tesla has always struck me as being a faith-based stock. There are people who have such faith in Elon Musk and the company that they tend to be more likely to speculate on the upside than they are hedged on the downside.”



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And finally, in what could ultimately become one of the strangest @BagholderQuotes we have ever seen, Tesla shareholder Eli Burton of Sacramento told FT that he "left his job as a vice-president for a software company at the start of the year to dedicate his time to a comic book that features Mr Musk."

He called Musk a "super genius" before concluding: “Institutions look at it as an automaker, but it doesn’t make sense. As a disruptive tech company, it’s different.”

Sent from my iPad



To: Julius Wong who wrote (162507)9/14/2020 8:41:05 PM
From: Maple MAGA   Read Replies (1) | Respond to of 218841
 
I added more TRQ today and TD Bank. I'm dumping all my speculative stocks in favor of TRQ.

Spec-stocks are currently 25% + of my portfolio, anything with no earnings and no dividend is a spec-stock.