Archy1221 Posted January 15, 2021 Share Posted January 15, 2021 I would guess the Democrat utopia of having super high gas prices thus making E-cars more cost effective and reducing reliance on gas engines. Other than that, I can’t think of any other reason 1 Link to comment
FrantzHardySwag Posted January 15, 2021 Share Posted January 15, 2021 18 minutes ago, Archy1221 said: Forget commodities, just wait for a dip and buy long term Tesla, Trade Desk, and Chipotle options. (Disclaimer, this is not an official endorsement or advertisement. Seek professional advice before purchasing. Options can and may lose value). Carry on. I don't have the huevos for options trading. I think commodities are gonna do well here in the coming months. I put some money in gold, silver and uranium producers this summer, they've done real well. Link to comment
Archy1221 Posted January 15, 2021 Share Posted January 15, 2021 10 minutes ago, FrantzHardySwag said: I don't have the huevos for options trading. I think commodities are gonna do well here in the coming months. I put some money in gold, silver and uranium producers this summer, they've done real well. Nice. I’ve never looked into commodities and couldn’t tell you one thing on how to trade them ( unless crypto is considered a commodity I guess). Love it when people have good stories of making money with their own money like you stated. 1 Link to comment
FrantzHardySwag Posted January 15, 2021 Share Posted January 15, 2021 10 minutes ago, Archy1221 said: Nice. I’ve never looked into commodities and couldn’t tell you one thing on how to trade them ( unless crypto is considered a commodity I guess). Love it when people have good stories of making money with their own money like you stated. I hop on miners that trade on the NYSE. Crypto has peaked my interest, worry about bitcoin being a bubble, but keeps going up. Figure I'm in my early 30s, better to be aggressive now and slow things down as I get closer to retirement. Link to comment
BigRedBuster Posted January 15, 2021 Share Posted January 15, 2021 5 minutes ago, FrantzHardySwag said: Crypto has peaked my interest, worry about bitcoin being a bubble, but keeps going up. That's typically what happens before a bubble pops. Link to comment
FrantzHardySwag Posted January 15, 2021 Share Posted January 15, 2021 Just now, BigRedBuster said: That's typically what happens before a bubble pops. I thought it'd pop a long time ago. Same with Tesla. I know one of "The Big Short" guys is now shorting Tesla. Link to comment
Archy1221 Posted January 15, 2021 Share Posted January 15, 2021 Just now, FrantzHardySwag said: I thought it'd pop a long time ago. Same with Tesla. I know one of "The Big Short" guys is now shorting Tesla. I thought that way on Tesla for a long time. Once I decided that Tesla isn’t actually a car company, it’s a technology/battery company that happens to sell cars it made more sense to me. It can’t go up forever is most likely overbought at the moment and will most likely have the drop once the Robinhooders get spooked in mass. But long term, if the country relies on battery technology, Tesla could be the most valuable company in the world because of how far ahead it is in that race. 2 Link to comment
RedDenver Posted January 15, 2021 Share Posted January 15, 2021 1 minute ago, FrantzHardySwag said: I thought it'd pop a long time ago. Same with Tesla. I know one of "The Big Short" guys is now shorting Tesla. I've been following Tesla for years, and they aren't a bubble at all but rather the first mover in a new market (EV's) and they're expanding into other new and expanding markets (PV and home and grid storage). Anyone shorting Tesla is going to get killed IMO. 1 Link to comment
Archy1221 Posted January 15, 2021 Share Posted January 15, 2021 1 minute ago, RedDenver said: I've been following Tesla for years, and they aren't a bubble at all but rather the first mover in a new market (EV's) and they're expanding into other new and expanding markets (PV and home and grid storage). Anyone shorting Tesla is going to get killed IMO. Probably depends on the short timeline, but I agree with everything else. People keep thinking its a car company and try and value it as such. 1 Link to comment
RedDenver Posted January 15, 2021 Share Posted January 15, 2021 2 minutes ago, Archy1221 said: Probably depends on the short timeline, but I agree with everything else. People keep thinking its a car company and try and value it as such. Correct. Shorting for less than a few weeks might work out but long term Tesla is going to keep going up. Link to comment
FrantzHardySwag Posted January 15, 2021 Share Posted January 15, 2021 5 minutes ago, RedDenver said: I've been following Tesla for years, and they aren't a bubble at all but rather the first mover in a new market (EV's) and they're expanding into other new and expanding markets (PV and home and grid storage). Anyone shorting Tesla is going to get killed IMO. Those dudes on WSB just making a killing on Telsa calls. I don't touch calls or puts, seen a lot of success stories but for every guy that turned 10k into 100k, there's a guy that turned 100k into 10k. 1 Link to comment
RedDenver Posted January 15, 2021 Share Posted January 15, 2021 Just now, FrantzHardySwag said: Those dudes on WSB just making a killing on Telsa calls. I don't touch calls or puts, seen a lot of success stories but for every guy that turned 10k into 100k, there's a guy that turned 100k into 10k. I'm no expert at the markets and I generally consider holding stocks less than 5 years to be gambling instead of investing, but shorting stocks seems like one of the dumbest things to do. You can actually end up going negative as there's no bottom to the costs even after losing the investment. Link to comment
Archy1221 Posted January 15, 2021 Share Posted January 15, 2021 2 minutes ago, FrantzHardySwag said: Those dudes on WSB just making a killing on Telsa calls. I don't touch calls or puts, seen a lot of success stories but for every guy that turned 10k into 100k, there's a guy that turned 100k into 10k. Is there a thread on here for investing. Seems like that would be kinda cool to discuss different ideas amongst a larger group like this. 1 Link to comment
RedDenver Posted January 15, 2021 Share Posted January 15, 2021 Just now, Archy1221 said: Is there a thread on here for investing. Seems like that would be kinda cool to discuss different ideas amongst a larger group like this. You could start one here in P&R or in the Lounge if you want more posters to see and respond. Link to comment
Archy1221 Posted January 15, 2021 Share Posted January 15, 2021 1 minute ago, RedDenver said: You could start one here in P&R or in the Lounge if you want more posters to see and respond. Ok, just didn’t know if P&R was the right place or not and make someone mad 1 Link to comment
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