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Member
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Jan 27 2024 02:54am
:rofl:

Member
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Jan 29 2024 04:46pm
Huge Chinese real estate company goes into liquidation. Outlook not great for the others.

Market moves to ATH's.

I mean, I'm sure everyone saw the writing on the wall already but still. This market.
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Jan 29 2024 07:48pm
Whos buying TSLA ?
Member
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Jan 29 2024 09:25pm
Quote (Pharaohmon @ Jan 29 2024 07:48pm)
Whos buying TSLA ?


Not yet
Quote (SBD @ Jan 29 2024 04:46pm)
Huge Chinese real estate company goes into liquidation. Outlook not great for the others.

Market moves to ATH's.

I mean, I'm sure everyone saw the writing on the wall already but still. This market.


China near 08 levels tbh

I will start buying kweb soon
Member
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Jan 29 2024 10:13pm
Quote (Bazi @ Jan 29 2024 08:25pm)
Not yet

China near 08 levels tbh

I will start buying kweb soon


Join me in kweb. Only down 48%.
Retired Moderator
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Jan 29 2024 10:18pm
Quote (Bazi @ 24 Jan 2024 17:07)
Numbers weren’t necessarily bad but when the stock is priced so high the numbers matter more

Priced at one 660 billion? With declining quarter revenue of 25.1 billion

And the recalls and back tracking on automatic driving which is the majority the growth /tech argument - what separates it from other automakers or EVs

Also looking to buy more but will wait longer



Valid points, thanks for sharing! I listened to a bit of the CC, glad Elon wasn’t all doom and gloom like last ER.

Quote (Pharaohmon @ 29 Jan 2024 17:48)
Whos buying TSLA ?



I’m gunna wait. From a technical perspective I think it should drift around these prices for a while before we get a move back up. If it V shape recoveries then me being patient will ofc back fire lol.

Added to SBUX in long term portfolio today. ER tomorrow at close, part of me hopes it drops some more. Building a nice base at past support zones had fomo of missing it in case it rips on earnings :)
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Jan 30 2024 07:20am
FOMC Rate Decision on wed

careful if any ya'll are day trading

This post was edited by ChocolateCoveredGummyBears on Jan 30 2024 07:21am
Member
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Jan 30 2024 07:28am
Dump :

NVDA
AAPL
MSFT
etc

Buy :

BABA
XIAOMI
TENSET
BAIDU
NIO
BYD

retire early or hold monero 4ever
Member
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Jan 30 2024 07:29am
Quote (SBD @ Jan 29 2024 10:13pm)
Join me in kweb. Only down 48%.


I’ll join you today
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Jan 30 2024 12:58pm
I think TSLA is likely to not hit highs again. Musks facade that there's huge growth has largely broken. They don't have a clear path to growth through robotics, ai, power generation, and even have big issues with battery production.

They're moving into mature company mode as they're now facing big competition in China at the same time as demand for electric cars is waning.

Unless musk can get the public excited with more false promises there's no reason Tesla should go up in price. The only big one is AI but Tesla has been burning that candle for almost a decade now so it's unlikely to generate more hype.


Until now my position has been that TSLA is over priced but the market can stay irrational for a long ass time. I think we're going to start see the hype die down and they slowly bleed market cap until settling down at a still inflated, but much lower price.

This post was edited by Thor123422 on Jan 30 2024 01:00pm
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