Let the drum roll begin. Did FIVR's confident prediction come true? What happens when we "watch an' learn" his techniques?
Actual result 6 months later:
AMD is currently at $11.03 (up 2.0% from ~$10.81 his posting price, but far from his $20 prediction). Even if we give FIVR the maximum closing price in any of those 6 months, it was $13.74.
INTC is currently at $52.67 (up 13.2% from ~$46.54 his posting price, and far from his $30s prediction). Even if we give FIVR the minimum closing price in any of those 6 months, it was $42.50.
I thought you weren't going to respond? Change your mind again?Guess what dullard - All of my predictions don't have to come true for me to make money. Anyway how do you have any room to criticize when you are too afraid to make any predictions of your own? You don't contribute anything to this thread besides posts trolling me or giving incorrect info about intel.
I thought you weren't going to respond? Change your mind again?
My role here is to point out extremely incorrect and very dangerous investment advice from people. Think of me as a referee blowing the whistle when there are fouls. To be taken seriously referees need to be neutral and not to attempt to play the game. Not all of your calls are dangerous or obviously incorrect. So, I do not call all of them out. But the most egregious advice will get called.
I do give recommendations that are on sound footing and generally accepted as being true. Invest in diverse funds, invest the proper amount for your situation, invest early in your life, actually invest instead of sitting on the sidelines, minimize fees, etc.
"Tesla Inc. Chief Executive Elon Musk held a long, odd earnings conference callWednesday in which he insulted analysts, the media, federal regulators and people who died behind the wheel of his cars, and then told anyone concerned about volatility not to invest in his company."Anyone listen to the Telsa conference call yesterday? Telsa was flat to slightly up after hours until Musk started to belittle analysts questions. Musk basically did what every CEO wants to do but he pissed them off so Wall St is selling TSLA this morning. It's probably not the smartest move on his part but I enjoyed it. I bought the dip at the open and added to my Telsa position just because I enjoyed the call.
https://www.marketwatch.com/story/e...erk-and-tesla-stock-paid-the-price-2018-05-02
Anyone listen to the Telsa conference call yesterday? Telsa was flat to slightly up after hours until Musk started to belittle analysts questions. Musk basically did what every CEO wants to do but he pissed them off so Wall St is selling TSLA this morning. It's probably not the smartest move on his part but I enjoyed it. I bought the dip at the open and added to my Telsa position just because I enjoyed the call.
https://www.marketwatch.com/story/e...erk-and-tesla-stock-paid-the-price-2018-05-02
Not really. Those were boring questions and Musk already answered or can be figured out. I was longtime Telsa skeptic before. But I admire Musk's vision and balls. So I'm going for a ride. Telsa will either become one of the biggest companies in the world or be bankrupt. But there's more money in this world than great ideas so I think he will always get funding.Elon is avoiding answering questions that investors should want answers to
But I just bought a bunch.Oops ... DOW off 300... SELL now.
But I just bought a bunch.
Oops ... DOW off 300... SELL now.
Anyone listen to the Telsa conference call yesterday? Telsa was flat to slightly up after hours until Musk started to belittle analysts questions. Musk basically did what every CEO wants to do but he pissed them off so Wall St is selling TSLA this morning. It's probably not the smartest move on his part but I enjoyed it. I bought the dip at the open and added to my Telsa position just because I enjoyed the call.
https://www.marketwatch.com/story/e...erk-and-tesla-stock-paid-the-price-2018-05-02
Telsa is definitely cult stock and company. Sort of like how Amazon was/is. I was always huge Amazon stock bear and shorted Amazon numerous in the past. Some of my biggest trade gains and losses were from shorting Amazon. What I learned from stocks like Amazon and Netflix is that people will give you money and invest in you if they love your product and believe your story. The money is there. Someone will always give Musk money if they believe in his product and vision. I was Tesla bear and dismissed the IPO. I then dismissed it at $100, $200, and $300. But then I visited Tesla showroom in Palo Alto while on vacation and fell in love with what I saw of Model S and X. So I drank the Kool-Aid and it hit me. I've been looking at Tesla all wrong. I was making the same mistake and looking at the present and immediate info only instead of focusing and looking at the big picture. My distaste and bias toward Amazon and Netflix business models made me miss two of the biggest winners in recent years. Telsa may or may not succeed. They will need heck of lot more of borrowed money if Musk wants to see his vision. But I decided not to bet against the man. I see his vision too and if he accomplishes even half of the stuff he wants, Tesla will be one of the world's most valuable companies. Musk doesn't seem worried about needing more money in the next 12 months. So he knows something I don't or he's super confident he can get the money. So I look at immediate funding problem as nonissue and just noise. I decided to take the money I would have spent buying model 3, S, or X and buy the stock instead. So far, I invested around model 3 money into Tesla and plan eventually upping it to S or X level. I think Tesla at $50 billion is cheap.And its back! Volatility isn't as much fun as just going up.
Elon's going to be pissing in jars and wearing kleenex boxes on his feet in no time. Telsa under anybody else would be a $3 stock, but the company is traded based on the cult of Elon and he's going to do whatever he wants.
I love how the stock went up at first because their $3.20 loss was less than expected. Even if it was a $3.20 earnings instead of a loss the company still wouldn't be worth $300/share like it was.
Also here to brag about my AAPL call. Who else here is long AAPL besides Cepack?
My FREE AAPL 175 calls are now worth $800 each.
Nice. You pretty much caught the low yesterday. I bought at 278 yesterday morning. And the initial shares I bought at 248 about a month ago when every news was about Tesla doom. I've been doing lot of thinking about the future of Tesla and I'm a believer now and official cult member. I will keep adding to Tesla position at every decent pullback. Like I mentioned in my above post, I rather enjoyed Musk telling and cutting off the dumb analysts. Those assholes add nothing of value. Wall St. will line up to kiss and lick Musk's ass the next time he wants to raise money. Or when he takes SpaceX public.I bought into TSLA yesterday at 276. I'm going to hold for years so not really concerned with Elon telling stupid analysts (and Tony Sacconaugh is definitely a STUPID analyst. He gets EVERYTHING wrong, i.e.. "apple's best days are behind them") to shut up or go away. They do nothing for anybody except their sell-side options trading desks.
I am really happy with Elon and will definitely vote for him to handle all future conference calls. Analysts are retards.
Apple is a stock that hurts me the most. Back in 2001, when Apple was $4 billion company, I bought and owned 15,000 shares. I believed in Apple turnaround story. But I sold those shares to buy stupid pizza restaurant. That was the biggest mistake of my life. And later when I sold the pizza restaurant, I never bought back the Apple shares even though I thought about it because the price had almost doubled. Not that I would have held on to the initial shares but if I had, those 15,000 shares would be 210,000 shares split adjusted and worth over $38 million today. I believe Tesla is the closest we have to the next Apple. This time, I have no plans to sell anytime soon. Especially not to buy some stupid restaurant.Also here to brag about my AAPL call. Who else here is long AAPL besides Cepack?
My FREE AAPL 175 calls are now worth $800 each.
ouch that hurts to read, but somehow I get the notion that you're still filthy richApple is a stock that hurts me the most. Back in 2001, when Apple was $4 billion company, I bought and owned 15,000 shares. I believed in Apple turnaround story. But I sold those shares to buy stupid pizza restaurant. That was the biggest mistake of my life. And later when I sold the pizza restaurant, I never bought back the Apple shares even though I thought about it because the price had almost doubled. Not that I would have held on to the initial shares but if I had, those 15,000 shares would be 210,000 shares split adjusted and worth over $38 million today. I believe Tesla is the closest we have to the next Apple. This time, I have no plans to sell anytime soon. Especially not to buy some stupid restaurant.
Apple is a stock that hurts me the most. Back in 2001, when Apple was $4 billion company, I bought and owned 15,000 shares. I believed in Apple turnaround story. But I sold those shares to buy stupid pizza restaurant. That was the biggest mistake of my life. And later when I sold the pizza restaurant, I never bought back the Apple shares even though I thought about it because the price had almost doubled. Not that I would have held on to the initial shares but if I had, those 15,000 shares would be 210,000 shares split adjusted and worth over $38 million today. I believe Tesla is the closest we have to the next Apple. This time, I have no plans to sell anytime soon. Especially not to buy some stupid restaurant.