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TSLA under $200 now...

Posted on 11/7/22 at 10:22 am
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 11/7/22 at 10:22 am
Time to buy back in?
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/7/22 at 10:30 am to
Time to start.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/7/22 at 10:34 am to
Semi deliveries start in December. Tesla energy growing. Cybertruck seems to actually be on it's way next year.

However, I don't think we have seen market bottom yet, but they are down 110% from ATH.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 11/7/22 at 10:35 am to
quote:

but they are down 110% from ATH.


I've never seen a stock down 110%.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/7/22 at 10:39 am to
$199 now v. $414 at ATH.

$197.4 now.
This post was edited on 11/7/22 at 10:42 am
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 11/7/22 at 10:44 am to
quote:

$199 now v. $414 at ATH.

$197.4 now.


Would be down a little over 50%. If a stock is down 100%, it's stock price is zero.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/7/22 at 10:52 am to
Guess I should've said 110% upside if they reach ATH again from this price point. Which would be closing in on a 55% drop. You knew what I meant!
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 11/7/22 at 10:55 am to
I'm gonna hold off for now, thinking I can start to dip my feet back in in the $140-150 range in the next few months.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/7/22 at 11:05 am to
I hope it does. I'll be that much more down on my current shares, but hopefully it will be a little bit and let all the SLI money I put into O&G become long term gains.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72967 posts
Posted on 11/7/22 at 12:21 pm to
quote:

However, I don't think we have seen market bottom yet, but they are down 110% from ATH.
Math is hard.
Posted by el Gaucho
He/They
Member since Dec 2010
58525 posts
Posted on 11/7/22 at 1:32 pm to
Buy back in at 40
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 11/7/22 at 1:42 pm to
I'm not seeing how we don't go back into this monthly range at some point.

Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/7/22 at 3:20 pm to
quote:

Math is hard.



Agreed.
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 11/8/22 at 9:04 am to
$188 now.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 11/8/22 at 9:31 am to
Ouch.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26721 posts
Posted on 11/8/22 at 11:04 am to
I think it will hit the 50month moving average which is around $155. Large caps in bear markets tend to gravitate toward this level
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
10723 posts
Posted on 11/8/22 at 7:27 pm to
quote:

Time to buy back in?


At 1 Trillion in market capitalization, Telsa was larger than Toyota, Volkswagen, Daimler, Ford, and GM.

Combined.

They've had a pull back to about 600 billion.

Still overvalued.

I can respect the company and Elon Musk but Tesla isn't for me, at this valuation.
This post was edited on 11/8/22 at 7:29 pm
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 11/9/22 at 12:49 pm to
quote:

Time to buy back in?


Crashed through the 52 wk low today.

Even though he claimed months ago that he wasn’t going to sell any more TSLA shares, I think I’d wait for Musk to (actually) stop dumping shares.

It’s too often the case that what he says and what he does tends to have some distance between them.
Posted by TigrrrDad
Member since Oct 2016
7949 posts
Posted on 11/10/22 at 9:49 am to
quote:

I've never seen a stock down 110%


Apparently you’ve never invested in LVVV.
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