Current Events > Tesla stock has been going on a crazy run in recent weeks

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CableZL 02/03/20 10:08:38 AM #1:	I bought in at 403 and 537 a few weeks ago and it's above 700 now I wonder how much further it'll go --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933867797] in Tesla stoc... [t:78379782]...</cite> <quote>I bought in at 403 and 537 a few weeks ago and it's above 700 now I wonder how much further it'll go </quote> ... Copied to Clipboard!
emblem boy 02/03/20 12:56:15 PM #2:	People are fucking making bank on Tesla options right now. Makes no fucking sense and I hate myself for sleeping on it --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933873434] in Tesla stoc... [t:78379782]...</cite> <quote>People are fucking making bank on Tesla options right now. Makes no fucking sense and I hate myself for sleeping on it</quote> ... Copied to Clipboard!
spudger 02/03/20 12:56:54 PM #3:	last week they announced they are the most profitable car mfg in the world im sure that has something to do with it --- -Only dead fish swim with the current http://error1355.com/ce/spudger.html <cite>spudger posted [p:933873457] in Tesla stoc... [t:78379782]...</cite> <quote>last week they announced they are the most profitable car mfg in the world im sure that has something to do with it</quote> ... Copied to Clipboard!
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emblem boy 02/03/20 12:58:34 PM #5:	Ex-Kefiroth posted... the bubble's gonna pop just like bitcoin did in late 2017 People have been saying this shit for years now --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933873524] in Tesla stoc... [t:78379782]...</cite> <quote>Ex-Kefiroth posted...</cite> <quote>the bubble's gonna pop just like bitcoin did in late 2017 </quote> People have been saying this shit for years now</quote> ... Copied to Clipboard!
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whitelytning 02/03/20 1:34:38 PM #7:	An analyst has it going to $7k. That is stupid. --- ************************************************ https://imgur.com/iZdWIKJ <cite>whitelytning posted [p:933874945] in Tesla stoc... [t:78379782]...</cite> <quote>An analyst has it going to $7k. That is stupid. </quote> ... Copied to Clipboard!
Damn_Underscore 02/03/20 1:38:06 PM #8:	Hairistotle posted... congrats to rich folks Not really, for the last 6 years Tesla stock was going up and down between $200-$300 or so. Then it just shot up in the last two months. --- Shenmue II = best game of all time Shenmue = 2nd best game of all time <cite>Damn_Underscore posted [p:933875088] in Tesla stoc... [t:78379782]...</cite> <quote>Hairistotle posted...</cite> <quote>congrats to rich folks </quote> Not really, for the last 6 years Tesla stock was going up and down between $200-$300 or so. Then it just shot up in the last two months.</quote> ... Copied to Clipboard!
CableZL 02/03/20 4:48:09 PM #9:	TSLA short-sellers lost $2.47 billion today Holy shit --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933883374] in Tesla stoc... [t:78379782]...</cite> <quote>TSLA short-sellers lost $2.47 billion today Holy shit </quote> ... Copied to Clipboard!
Abiz_ 02/03/20 4:53:30 PM #10:	Did they have any success with their low orbiting satellites? I remember Musk said they were going to put 1000s of them up for internet. <cite>Abiz_ posted [p:933883612] in Tesla stoc... [t:78379782]...</cite> <quote>Did they have any success with their low orbiting satellites? I remember Musk said they were going to put 1000s of them up for internet. </quote> ... Copied to Clipboard!
voldothegr8 02/03/20 4:55:08 PM #11:	Short selling has a high risk/reward ratio: It can offer big profits, but losses can mount quickly and infinitely. --- Oda break tracker 2020- 0 (0) \| THE Ohio State: 13-1 \| Oakland Raiders: 7-9 <cite>voldothegr8 posted [p:933883681] in Tesla stoc... [t:78379782]...</cite> <quote>Short selling has a high risk/reward ratio: It can offer big profits, but losses can mount quickly and infinitely.</quote> ... Copied to Clipboard!
Jabodie 02/03/20 4:55:37 PM #12:	Anybody know how much their market cap compares to actual profits/assets per share? I'm sure it's pretty high, but I'm curious if it's "this is obviously going to crash" high. --- <insert sig here> <cite>Jabodie posted [p:933883709] in Tesla stoc... [t:78379782]...</cite> <quote>Anybody know how much their market cap compares to actual profits/assets per share? I'm sure it's pretty high, but I'm curious if it's "this is obviously going to crash" high. </quote> ... Copied to Clipboard!
Jabodie 02/03/20 4:56:32 PM #13:	I guess this is also a good lesson on how risky derivatives are lol. --- <insert sig here> <cite>Jabodie posted [p:933883757] in Tesla stoc... [t:78379782]...</cite> <quote>I guess this is also a good lesson on how risky derivatives are lol. </quote> ... Copied to Clipboard!
CableZL 02/03/20 5:02:42 PM #14:	Abiz_ posted... Did they have any success with their low orbiting satellites? I remember Musk said they were going to put 1000s of them up for internet. They launched 60 more last week, I believe --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933884009] in Tesla stoc... [t:78379782]...</cite> <quote>Abiz_ posted... </cite> <quote>Did they have any success with their low orbiting satellites? I remember Musk said they were going to put 1000s of them up for internet.</quote>They launched 60 more last week, I believe </quote> ... Copied to Clipboard!
CableZL 02/03/20 5:03:48 PM #15:	Jabodie posted... Anybody know how much their market cap compares to actual profits/assets per share? I'm sure it's pretty high, but I'm curious if it's "this is obviously going to crash" high. How do you find this out? Etrade says their market cap is 140.6 billion --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933884059] in Tesla stoc... [t:78379782]...</cite> <quote>Jabodie posted... </cite> <quote>Anybody know how much their market cap compares to actual profits/assets per share? I'm sure it's pretty high, but I'm curious if it's "this is obviously going to crash" high.</quote>How do you find this out? Etrade says their market cap is 140.6 billion </quote> ... Copied to Clipboard!
Jabodie 02/03/20 5:35:06 PM #16:	CableZL posted... How do you find this out? Etrade says their market cap is 140.6 billion https://www.investing.com/equities/tesla-motors-ratios This seems to have all the basic ratios, but for why the price is going up you'll need to see the most recent financials. These cover performance over the past five years, which is not nearly as useful with a company like Tesla. For what's going on you just need to look at their most recent financials: https://ir.tesla.com/static-files/b3cf7f5e-546a-4a65-9888-c928b914b529?mod=article_inline&mod=article_inline Page 19 shows why the stock shot up. There has been mediocre performance since the start of the company before the Model 3, which seems to have shown consistent sales for the past year. You can see that cash flows are much improved, so it looks like the company is actually making money now. And now analysts seem to have changed their value on Tesla in response, and likely due to an expectation of increased earnings as the brand expands. So where the stock before was a promise to make money, the stock is now a promise to make money and people are more confident that it will actually happen. You'll notice too that net income is still in the negative in some recent quarters though, which has to do with depreciation and amortization (accounting concepts that have to do with loss of value of certain assets and spreading certain types of expenses over several years/quarters). However, if cash flows stay high and positive net income will eventually come out positive. --- <insert sig here> <cite>Jabodie posted [p:933885374] in Tesla stoc... [t:78379782]...</cite> <quote>CableZL posted... </cite> <quote>How do you find this out? Etrade says their market cap is 140.6 billion</quote>https://www.investing.com/equities/tesla-motors-ratios This seems to have all the basic ratios, but for why the price is going up you'll need to see the most recent financials. These cover performance over the past five years, which is not nearly as useful with a company like Tesla. For what's going on you just need to look at their most recent financials: https://ir.tesla.com/static-files/b3cf7f5e-546a-4a65-9888-c928b914b529?mod=article_inline&mod=article_inline Page 19 shows why the stock shot up. There has been mediocre performance since the start of the company before the Model 3, which seems to have shown consistent sales for the past year. You can see that cash flows are much improved, so it looks like the company is actually making money now. And now analysts seem to have changed their value on Tesla in response, and likely due to an expectation of increased earnings as the brand expands. So where the stock before was a promise to make money, the stock is now a promise to make money and people are more confident that it will actually happen. You'll notice too that net income is still in the negative in some recent quarters though, which has to do with depreciation and amortization (accounting concepts that have to do with loss of value of certain assets and spreading certain types of expenses over several years/quarters). However, if cash flows stay high and positive net income will eventually come out positive. </quote> ... Copied to Clipboard!
Jabodie 02/03/20 5:45:07 PM #17:	In terms of "overpriced" the analysis isn't so simple because current prices for stocks are based on how much people think the stocks will make in the future, which is assessed by financial analysts plus some speculative interest with people buying into the brand/hype. So calculating a price based on recent cash flows would be stupid since analysts seem to expect profits to explode. So you'd need to read up on what analysts project for the company and assess how likely their analyses are correct to make a really informed call, which is not such a trivial thing. So if the money expected doesn't come through the price will go down. Will that happen? That's your judgement call. This is why when video game company stocks report earnings or revenues below expectations (but still really high), their stock drops. Stocks are generally priced for how investors expect companies to do in the near future, so when the present shows less earnings than analysts predicted, stock prices drop to compensate for new forecasts. This basic concept is lost on a lot of gaming pundits who comment on video game company stock prices clearly knowing nothing about how the stock market actually works. --- <insert sig here> <cite>Jabodie posted [p:933885791] in Tesla stoc... [t:78379782]...</cite> <quote>In terms of "overpriced" the analysis isn't so simple because current prices for stocks are based on how much people think the stocks will make in the future, which is assessed by financial analysts plus some speculative interest with people buying into the brand/hype. So calculating a price based on recent cash flows would be stupid since analysts seem to expect profits to explode. So you'd need to read up on what analysts project for the company and assess how likely their analyses are correct to make a really informed call, which is not such a trivial thing. So if the money expected doesn't come through the price will go down. Will that happen? That's your judgement call. This is why when video game company stocks report earnings or revenues below expectations (but still really high), their stock drops. Stocks are generally priced for how investors expect companies to do in the near future, so when the present shows less earnings than analysts predicted, stock prices drop to compensate for new forecasts. This basic concept is lost on a lot of gaming pundits who comment on video game company stock prices clearly knowing nothing about how the stock market actually works. </quote> ... Copied to Clipboard!
Krojen 02/03/20 6:26:42 PM #18:	I bought a few hundred shares between $180-220 and am now financially independent. lol at all the boomer slurpers saying it was going to $0 last summer. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:933887502] in Tesla stoc... [t:78379782]...</cite> <quote>I bought a few hundred shares between $180-220 and am now financially independent. lol at all the boomer slurpers saying it was going to $0 last summer. </quote> ... Copied to Clipboard!
Zack_Attackv1 02/03/20 6:32:09 PM #19:	coughing fit of laughter --- https://imgur.com/3x8asVd <cite>Zack_Attackv1 posted [p:933887707] in Tesla stoc... [t:78379782]...</cite> <quote>coughing fit of laughter</quote> ... Copied to Clipboard!
Awesome 02/03/20 6:35:46 PM #20:	enjoy the market while you can, you have three weeks --- Hello. <cite>Awesome posted [p:933887839] in Tesla stoc... [t:78379782]...</cite> <quote>enjoy the market while you can, you have three weeks </quote> ... Copied to Clipboard!
emblem boy 02/04/20 7:32:08 AM #21:	It's at fucking 874 premarket. 1k by end of the week is actually possible --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933911413] in Tesla stoc... [t:78379782]...</cite> <quote>It's at fucking 874 premarket. 1k by end of the week is actually possible</quote> ... Copied to Clipboard!
emblem boy 02/04/20 7:33:24 AM #22:	@Krojen Bro, you've gotta be on cloud 9 right now --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png haters gonna hate <cite>emblem boy posted [p:933911435] in Tesla stoc... [t:78379782]...</cite> <quote>@Krojen Bro, you've gotta be on cloud 9 right now </quote> ... Copied to Clipboard!
Rika_Furude 02/04/20 7:56:28 AM #23:	hope tesla does well. i want cheaper and better teslas to be released so i can buy one --- https://imgur.com/oQHLBrx https://imgur.com/ah5IE8D https://imgur.com/USV84z9 https://imgur.com/PSjlohO <cite>Rika_Furude posted [p:933911822] in Tesla stoc... [t:78379782]...</cite> <quote>hope tesla does well. i want cheaper and better teslas to be released so i can buy one </quote> ... Copied to Clipboard!
Krojen 02/04/20 10:39:28 AM #24:	emblem boy posted... @Krojen Bro, you've gotta be on cloud 9 right now Cloud 69! This must be how the people that held bitcoin before it was cool felt. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:933916311] in Tesla stoc... [t:78379782]...</cite> <quote>emblem boy posted... </cite> <quote>@Krojen Bro, you've gotta be on cloud 9 right now</quote>Cloud 69! This must be how the people that held bitcoin before it was cool felt. </quote> ... Copied to Clipboard!
emblem boy 02/04/20 11:24:53 AM #25:	Coke and hookers? --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933917898] in Tesla stoc... [t:78379782]...</cite> <quote>Coke and hookers?</quote> ... Copied to Clipboard!
CableZL 02/04/20 11:28:37 AM #26:	If only I had bought in much sooner... Sheesh. --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933918027] in Tesla stoc... [t:78379782]...</cite> <quote>If only I had bought in much sooner... Sheesh. </quote> ... Copied to Clipboard!
Trumpo 02/04/20 11:59:40 AM #27:	Should have bought before it hit 420 last year <cite>Trumpo posted [p:933919264] in Tesla stoc... [t:78379782]...</cite> <quote>Should have bought before it hit 420 last year </quote> ... Copied to Clipboard!
darkphoenix181 02/04/20 12:17:39 PM #28:	What broker do you guys use? <cite>darkphoenix181 posted [p:933920059] in Tesla stoc... [t:78379782]...</cite> <quote>What broker do you guys use? </quote> ... Copied to Clipboard!
Tired-Insomniac 02/04/20 12:20:51 PM #29:	emblem boy posted... People are fucking making bank on Tesla options right now. Makes no fucking sense and I hate myself for sleeping on it This I was gonna buy a bunch when it was in the 200s but decided against it Fuck you, Past Me. --- "I like turtles" <cite>Tired-Insomniac posted [p:933920194] in Tesla stoc... [t:78379782]...</cite> <quote>emblem boy posted... </cite> <quote>People are fucking making bank on Tesla options right now. Makes no fucking sense and I hate myself for sleeping on it</quote> This I was gonna buy a bunch when it was in the 200s but decided against it Fuck you, Past Me. </quote> ... Copied to Clipboard!
emblem boy 02/04/20 12:51:46 PM #30:	darkphoenix181 posted... What broker do you guys use? For options, I'm cheap and use Robinhood. --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933921470] in Tesla stoc... [t:78379782]...</cite> <quote>darkphoenix181 posted...</cite> <quote>What broker do you guys use?</quote> For options, I'm cheap and use Robinhood.</quote> ... Copied to Clipboard!
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CableZL 02/04/20 12:53:42 PM #32:	darkphoenix181 posted... What broker do you guys use? I'm on etrade --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933921565] in Tesla stoc... [t:78379782]...</cite> <quote>darkphoenix181 posted... </cite> <quote>What broker do you guys use?</quote>I'm on etrade </quote> ... Copied to Clipboard!
AngelsNAirwav3s 02/04/20 2:24:22 PM #33:	Tesla is almost up 100% in 5 days... what the hell lol Time to short the hell out of it? --- Hello world! <cite>AngelsNAirwav3s posted [p:933925303] in Tesla stoc... [t:78379782]...</cite> <quote>Tesla is almost up 100% in 5 days... what the hell lol Time to short the hell out of it? </quote> ... Copied to Clipboard!
emblem boy 02/04/20 3:31:10 PM #34:	AngelsNAirwav3s posted... Tesla is almost up 100% in 5 days... what the hell lol Time to short the hell out of it? Possible 1k by end of day. It makes no damn sense --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933928198] in Tesla stoc... [t:78379782]...</cite> <quote>AngelsNAirwav3s posted...</cite> <quote> Tesla is almost up 100% in 5 days... what the hell lol Time to short the hell out of it? </quote> Possible 1k by end of day. It makes no damn sense</quote> ... Copied to Clipboard!
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twitterfriends 02/04/20 3:34:14 PM #36:	Whats Teslas market cap versus the other big autos? I hope one day theyre the top dog --- #NotMyPresident #JusticeDemocrats #Neblio #WolfPAC #Bitcoin #WeAre12 #12thMan #Seahawks #Belieber #DENT #UBI #PokemonGo #twitterfriends #MMA #PopularHashtags <cite>twitterfriends posted [p:933928312] in Tesla stoc... [t:78379782]...</cite> <quote>Whats Teslas market cap versus the other big autos? I hope one day theyre the top dog </quote> ... Copied to Clipboard!
ThyCorndog 02/04/20 3:37:59 PM #37:	oh dang. good thing I bought some shares a while back. when do we sell bois? I've never sold stocks before --- https://imgur.com/6cPXvLN https://imgur.com/hVC4i6j <cite>ThyCorndog posted [p:933928462] in Tesla stoc... [t:78379782]...</cite> <quote>oh dang. good thing I bought some shares a while back. when do we sell bois? I've never sold stocks before </quote> ... Copied to Clipboard!
darkphoenix181 02/04/20 3:40:35 PM #38:	ThyCorndog posted... oh dang. good thing I bought some shares a while back. when do we sell bois? I've never sold stocks before When selling lets you be financilly free. <cite>darkphoenix181 posted [p:933928568] in Tesla stoc... [t:78379782]...</cite> <quote>ThyCorndog posted... </cite> <quote>oh dang. good thing I bought some shares a while back. when do we sell bois? I've never sold stocks before</quote> When selling lets you be financilly free. </quote> ... Copied to Clipboard!
AngelsNAirwav3s 02/04/20 3:54:49 PM #39:	twitterfriends posted... Whats Teslas market cap versus the other big autos? I hope one day theyre the top dog Tesla already dwarfs Ford and GM, Toyota is bigger though --- Hello world! <cite>AngelsNAirwav3s posted [p:933929244] in Tesla stoc... [t:78379782]...</cite> <quote>twitterfriends posted... </cite> <quote>Whats Teslas market cap versus the other big autos? I hope one day theyre the top dog</quote> Tesla already dwarfs Ford and GM, Toyota is bigger though </quote> ... Copied to Clipboard!
twitterfriends 02/04/20 9:06:42 PM #40:	AngelsNAirwav3s posted... Tesla already dwarfs Ford and GM, Toyota is bigger though Aww hell yeah, that's pretty crazy consider Ford and GM got bailed out. --- #NotMyPresident #JusticeDemocrats #Neblio #WolfPAC #Bitcoin #WeAre12 #12thMan #Seahawks #Belieber #DENT #UBI #PokemonGo #twitterfriends #MMA #PopularHashtags <cite>twitterfriends posted [p:933942928] in Tesla stoc... [t:78379782]...</cite> <quote>AngelsNAirwav3s posted... </cite> <quote>Tesla already dwarfs Ford and GM, Toyota is bigger though</quote> Aww hell yeah, that's pretty crazy consider Ford and GM got bailed out. </quote> ... Copied to Clipboard!
inloveanddeath0 02/04/20 9:07:25 PM #41:	Saw a Reddit post where a guy made 4million in a day --- http://www.last.fm/user/PolarPolaroids <cite>inloveanddeath0 posted [p:933942958] in Tesla stoc... [t:78379782]...</cite> <quote>Saw a Reddit post where a guy made 4million in a day </quote> ... Copied to Clipboard!
CableZL 02/04/20 9:23:00 PM #42:	inloveanddeath0 posted... Saw a Reddit post where a guy made 4million in a day That's crazy --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933943725] in Tesla stoc... [t:78379782]...</cite> <quote>inloveanddeath0 posted... </cite> <quote>Saw a Reddit post where a guy made 4million in a day</quote> That's crazy </quote> ... Copied to Clipboard!
darkphoenix181 02/05/20 2:19:03 AM #43:	inloveanddeath0 posted... Saw a Reddit post where a guy made 4million in a day This implies he bought like 4 mil in stocks. <cite>darkphoenix181 posted [p:933953634] in Tesla stoc... [t:78379782]...</cite> <quote>inloveanddeath0 posted... </cite> <quote>Saw a Reddit post where a guy made 4million in a day</quote> This implies he bought like 4 mil in stocks. </quote> ... Copied to Clipboard!
Solid Snake07 02/05/20 2:26:00 AM #44:	It's waaaay overpriced right now. I'm not saying fair value won't catch up but tesla is valued where it should be after 5-10 very good years at this point. Hold if you want, but I implore you to definitely not buy here --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:933953764] in Tesla stoc... [t:78379782]...</cite> <quote>It's waaaay overpriced right now. I'm not saying fair value won't catch up but tesla is valued where it should be after 5-10 very good years at this point. Hold if you want, but I implore you to definitely not buy here </quote> ... Copied to Clipboard!
Solid Snake07 02/05/20 2:27:16 AM #45:	Awesome posted... enjoy the market while you can, you have three weeks .......And what happens in 3 weeks? --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:933953785] in Tesla stoc... [t:78379782]...</cite> <quote>Awesome posted... </cite> <quote>enjoy the market while you can, you have three weeks</quote> .......And what happens in 3 weeks? </quote> ... Copied to Clipboard!
CableZL 02/05/20 5:34:26 AM #46:	darkphoenix181 posted... This implies he bought like 4 mil in stocks. No, it implies he bought a bunch of stock when it was cheap and he made $4 million in a day because of the massive increase in the stock price. --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:933956459] in Tesla stoc... [t:78379782]...</cite> <quote>darkphoenix181 posted... </cite> <quote>This implies he bought like 4 mil in stocks.</quote>No, it implies he bought a bunch of stock when it was cheap and he made $4 million in a day because of the massive increase in the stock price. </quote> ... Copied to Clipboard!
SocksForWok999 02/05/20 6:38:15 AM #47:	Wish I had bought some ugh --- iPhone 11 Pro Max / Ryzen 9 3950X / Sapphire Pulse RX5700 XT Steam: BloodFeasty / PSN: BloodFislandMan / XBL: EvoTech462 = Unbiased Gamer <cite>SocksForWok999 posted [p:933957328] in Tesla stoc... [t:78379782]...</cite> <quote>Wish I had bought some ugh </quote> ... Copied to Clipboard!
emblem boy 02/05/20 8:33:16 AM #48:	Lol no. He was playing options. He spent way less than 4 mil. --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933959381] in Tesla stoc... [t:78379782]...</cite> <quote>Lol no. He was playing options. He spent way less than 4 mil.</quote> ... Copied to Clipboard!
emblem boy 02/05/20 8:34:28 AM #49:	For example, https://www.reddit.com/r/wallstreetbets/comments/ez03u1/_/ --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933959406] in Tesla stoc... [t:78379782]...</cite> <quote>For example, https://www.reddit.com/r/wallstreetbets/comments/ez03u1/_/</quote> ... Copied to Clipboard!
emblem boy 02/05/20 8:35:26 AM #50:	Or this <img src="<img src="<img src="<img src="<img src="" />" />" />" />" /> Horrible summary from me but, he bought 4 contracts that were each worth $39.25. look up options contracts. The value of that contract cost him 27k total. The contracts were pretty much saying that Tesla would get to a price of $700. The fucking blew past that. The value of the contract rose to 170.25 each because the Tesla stock price increased so much. Purchase was (31.25100)(7) Sold it for (170.25100)7 It's practically gambling with the stock market, so I wouldn't advice it... But yolo right. Scared money don't make big money --- Pitter-patter, let's get at 'er <cite>emblem boy posted [p:933959434] in Tesla stoc... [t:78379782]...</cite> <quote>Or this <img src="<img src="<img src="<img src="<img src="" />" />" />" />" /> Horrible summary from me but, he bought 4 contracts that were each worth $39.25. look up options contracts. The value of that contract cost him 27k total. The contracts were pretty much saying that Tesla would get to a price of $700. The fucking blew past that. The value of the contract rose to 170.25 each because the Tesla stock price increased so much. Purchase was (31.25100)(7) Sold it for (170.25100)7 It's practically gambling with the stock market, so I wouldn't advice it... But yolo right. Scared money don't make big money</quote> ... Copied to Clipboard!
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Current Events > Tesla stock has been going on a crazy run in recent weeks (+) Yeah! (+)

Current Events > Tesla stock has been going on a crazy run in recent weeks