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Tesla and Elon sycophant has lost $700K on TSLA so far by some estimates
Posted on 4/15/24 at 8:24 pm
Posted on 4/15/24 at 8:24 pm
quote:
As of the end of 2022 she had 11,018 shares at a cost basis of $229.08. Obviously she's bought (and lost) quite a bit more since then. But on just those shares alone she's down $700K. She took out a HELOC to buy more shares, got a second job to buy more. This is a mental illness that we're dealing with.
LINK
This post was edited on 4/15/24 at 8:27 pm
9
Posted on 4/15/24 at 8:36 pm to hikingfan
That’s the price you pay when you’re the “FIRST Tesla S Plaid owner in Florida.”
Posted on 4/15/24 at 8:46 pm to hikingfan
Protip 1: Don't borrow money to invest in equities.
Protip 2: Don't put all your eggs in one basket.
Protip 2: Don't put all your eggs in one basket.
Posted on 4/15/24 at 9:00 pm to hikingfan
“I’m bullish Tesla deliveries numbers, you?”
She deserves to lose her money
She deserves to lose her money
This post was edited on 4/15/24 at 9:02 pm
Posted on 4/15/24 at 9:05 pm to hikingfan
She should sell all that stock and roll it all into Standard Lithium
Posted on 4/15/24 at 9:07 pm to hikingfan
Absent government intervention, we are reaching a point where most people that want an EV, and can afford it, already have one. Otherwise, the infrastructure and technology are decades away.
This post was edited on 4/15/24 at 9:09 pm
Posted on 4/15/24 at 9:22 pm to hikingfan
She blocked me on twatter. Shes an absolute moron. Epitome of the dumb retail “investor”
Posted on 4/15/24 at 9:34 pm to fallguy_1978
quote:
Absent government intervention, we are reaching a point where most people that want an EV, and can afford it, already have one. Otherwise, the infrastructure and technology are decades away.
And a ten year old Tesla looks just like a brand new one. Not much incentive to trade up for current buyers.
Speaking of trading up, resale had been dropping like a stone as well. That happens when they continually lower the price of a new one.
Posted on 4/15/24 at 9:52 pm to Bestbank Tiger
quote:
Protip 1: Don't borrow money to invest in equities. Protip 2: Don't put all your eggs in one basket.
I sold around 1000 shares of Cintas stock at $150 a share because at the time I had a lot more and my financial advisor said I needed to diversify
Maybe one of these days I’ll make the right move.
Posted on 4/16/24 at 7:14 am to Rize
Whenever I buy and sell I tell myself “you’ll never sell the top and you’ll never buy at the bottom, just be happy and content if you turn a profit”
Posted on 4/16/24 at 7:30 am to evil cockroach
She hasn't lost until she sells. She strikes me as someone that is just going to keep acquiring though.
Posted on 4/16/24 at 8:45 am to hikingfan
Wait until that Space X contract comes out…
Posted on 4/16/24 at 9:22 am to plaric
quote:
She hasn't lost until she sells
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.
Posted on 4/16/24 at 9:23 am to Jag_Warrior
Yeah. Will be rough
Posted on 4/16/24 at 9:23 am to METAL
Which one?
Posted on 4/16/24 at 11:07 am to deltaland
Posted on 4/18/24 at 11:53 am to hikingfan
quote:
She took out a HELOC to buy more shares, got a second job to buy more
This is insane.
Posted on 4/18/24 at 11:54 am to Billy Blanks
Sub 150, anyone buying?
Posted on 4/18/24 at 2:46 pm to Billy Blanks
Wanting to buy and hold but does everyone think it will drop after Q1 earnings next week?
Posted on 4/18/24 at 2:54 pm to Billy Blanks
starting to gobble up shares at these levels
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