It's 12/9 now what?

Cybertruckee

Banned
Well-known member
Banned
First Name
Yosemite Sam
Joined
Apr 21, 2020
Threads
10
Messages
553
Reaction score
579
Location
Mostly under the pines
Vehicles
Red Rider
Occupation
Finance Manager
Country flag
“Hemorrhaging” usually means something other than “30% higher than it was 2 months ago”.
I don't care much about the semantics of what hemorrhaging really means when that single stock is causing my entire portfolio to be double-digits in the red, lol.

But yeah, I agree with you. I don't have reasons to complain when I already earned from previous profits the money I would need to buy and pay for my Cybertruck in cash.

Maybe i'm just frustrated by the long delay and the wait while the loud-mouth is yapping all over the place more than ever.
Sponsored

 
OP
OP
Sirfun

Sirfun

Well-known member
First Name
Joe
Joined
Dec 28, 2019
Threads
55
Messages
2,389
Reaction score
4,875
Location
Oxnard, California
Vehicles
Toyota Avalon, Chrysler Pacifica PHEV, Ford E-250
Occupation
Retired Sheet Metal Worker
Country flag
Double digits? SARCASM ALERT! :p
 

Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
164
Messages
10,719
Reaction score
26,998
Location
Ogregon
Vehicles
Model Y
Country flag
I don't care much about the semantics of what hemorrhaging really means when that single stock is causing my entire portfolio to be double-digits in the red, lol.
My point is you are measuring against a brief All Time High which … unless you were unfortunately enough to have bought is meaningless.

The only way you can avoid that is by selling next time it hits the ATH. Then you can be assured you will never suffer double digit losses again.

This isn’t the first time Musk has gone off the rails on Twitter and it won’t be the last. If that bugs you… VW is likely the best “EV” stock right now and their CEO is very quiet on Twitter.

Also, there are spy photos… of the truck Elon designed. Much better to go over and talk about those.
 

fritter63

Well-known member
First Name
Mark
Joined
Jan 21, 2020
Threads
33
Messages
1,430
Reaction score
2,888
Location
Atascadero
Vehicles
2018 Model 3 LR, 2019 Model 3 SR+
Occupation
Retired Software Engineer, Woodworker and guitar builder extraordinaire
Country flag
Can you make #LoudMouthElon shut his trap? Tesla is my biggest holding and it's hemorrhaging. i wish Musk will just focus on producing the much delayed Semis and Cybertruck which would arrest the slide.
Think of it as a nice buying op Elon is giving us while he dumps his shares......
 
OP
OP
Sirfun

Sirfun

Well-known member
First Name
Joe
Joined
Dec 28, 2019
Threads
55
Messages
2,389
Reaction score
4,875
Location
Oxnard, California
Vehicles
Toyota Avalon, Chrysler Pacifica PHEV, Ford E-250
Occupation
Retired Sheet Metal Worker
Country flag
Think of it as a nice buying op Elon is giving us while he dumps his shares......
Fear is the enemy!

Never buy out of fear (oh my god it's been going up I need to jump on).
Never sell out of fear (oh my god it's been going down I need to jump off).
 


Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
164
Messages
10,719
Reaction score
26,998
Location
Ogregon
Vehicles
Model Y
Country flag
Fear is the enemy!

Never buy out of fear (oh my god it's been going up I need to jump on).
Never sell out of fear (oh my god it's been going down I need to jump off).
FOMO is KIIIINGG!!!
 

Cybertruckee

Banned
Well-known member
Banned
First Name
Yosemite Sam
Joined
Apr 21, 2020
Threads
10
Messages
553
Reaction score
579
Location
Mostly under the pines
Vehicles
Red Rider
Occupation
Finance Manager
Country flag
You only lose if you sell.
Biggest misconception around. You actually suffer opportunity loss if your money is asleep. There is such thing as time-value. And I'm not even talking yet of the 6.8% inflation as I'm locked-in into the price of my Cybertruck reservation, lol.
 

FutureBoy

Well-known member
First Name
Reginald
Joined
Oct 1, 2020
Threads
207
Messages
3,522
Reaction score
6,014
Location
Kirkland WA USA
Vehicles
Toyota Sienna
Occupation
Financial Advisor
Country flag
Biggest misconception around. You actually suffer opportunity loss if your money is asleep. There is such thing as time-value. And I'm not even talking yet of the 6.8% inflation as I'm locked-in into the price of my Cybertruck reservation, lol.
My argument would be that opportunity costs are something that you "lose" at the time of purchase. By buying into one investment over another, you have committed your funds to a higher or lower opportunity. The time of sale is when you solidify the gains or losses that the current opportunity provided.

In the bigger picture though, keeping one's funds in an investment is yet another positive affirmation to continue on in the current opportunity so in a sense, the opportunity is being positively affirmed again each day that you keep your funds there.
 

Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
164
Messages
10,719
Reaction score
26,998
Location
Ogregon
Vehicles
Model Y
Country flag
Biggest misconception around. You actually suffer opportunity loss if your money is asleep. There is such thing as time-value. And I'm not even talking yet of the 6.8% inflation as I'm locked-in into the price of my Cybertruck reservation, lol.
No.

Biggest misconception is that the number you see on Yahoo finance means anything more than what the stock is selling for from one moment to the rest.

In 2 years nobody is going to care that the stock price dipped for 2-3 weeks in November/ December 2021.
 


Bkent100

Well-known member
First Name
Bill
Joined
Jul 18, 2021
Threads
7
Messages
66
Reaction score
85
Location
Charlotte
Vehicles
Cybertruck
Occupation
It manager
Country flag
No serious investor believed that 12/9 numerology stuff. If you did believe, I have land to sell you in the Bearing sea and you can use your amphibious cybertruck to get there… lol.
 

Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
164
Messages
10,719
Reaction score
26,998
Location
Ogregon
Vehicles
Model Y
Country flag
No serious investor believed that 12/9 numerology stuff. If you did believe, I have land to sell you in the Bearing sea and you can use your amphibious cybertruck to get there… lol.
I placed a small side bet on it. Enough where I feel like an idiot, but not enough to really worry too much about. Also. Small chance it’ll turn by the 17th.
 

FutureBoy

Well-known member
First Name
Reginald
Joined
Oct 1, 2020
Threads
207
Messages
3,522
Reaction score
6,014
Location
Kirkland WA USA
Vehicles
Toyota Sienna
Occupation
Financial Advisor
Country flag
You know what I realized, 12/9 came and suddenly the ECAT stuff came back to life. Perhaps the numerology stuff is just pointing to the release of a perpetual motion machine.
 

Ogre

Well-known member
First Name
Dennis
Joined
Jul 3, 2021
Threads
164
Messages
10,719
Reaction score
26,998
Location
Ogregon
Vehicles
Model Y
Country flag
You know what I realized, 12/9 came and suddenly the ECAT stuff came back to life. Perhaps the numerology stuff is just pointing to the release of a perpetual motion machine.
Posted photo in another thread but worth reposting…

Discovered what powers those things.

Tesla Cybertruck It's 12/9 now what? 1639275384652
 

Red61224

Well-known member
Joined
Jul 10, 2020
Threads
5
Messages
334
Reaction score
435
Location
//
Vehicles
Yugo
Country flag
No serious investor believed that 12/9 numerology stuff. If you did believe, I have land to sell you in the Bearing sea and you can use your amphibious cybertruck to get there… lol.
So you have a few acres in the Pribilof Islands too? And that's "Bering Sea". A great birding site.
Sponsored

 
 




Top