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re: TSLA at $161, anybody biting?
Posted on 12/27/22 at 10:41 am to Shankopotomus
Posted on 12/27/22 at 10:41 am to Shankopotomus
quote:
Apparently think or swim just turned OFF margin for TSLA today for rest of day. Yikes
I didn’t look at the margin requirements for the TSLA equity the other day. For a straight buy, looks like it’s around 30% today for my portfolio margin account… similar to RACE (Ferrari), which is the automotive stock that I’d look at before TSLA. But I’m not being tempted by any auto related stocks right now. I cashed out of my PAG (Penske Auto Group) stock a few weeks ago for a nice profit and managed to sell some puts on F that expired worthless. That’s enough for the foreseeable future. Best to let the recessionary dust settle for awhile, IMO.
1
Posted on 12/27/22 at 3:10 pm to Jag_Warrior
$109 close wow. Might get to my $50-80 price target in a few weeks at this rate.
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