re: Tesla and Elon sycophant has lost $700K on TSLA so far by some estimates

quote:

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She hasn't lost until she sells

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While technically true for investors (professional traders must use “mark-to-market”), the fact that she’s borrowed to purchase some of these shares means that she has an ongoing cost of ownership. And since TSLA doesn’t pay a dividend, she’s not receiving any income from the stock to cover the HELOC interest. So to make a net profit, her eventual exit will have to include her interest costs.