Submitted by upyoars t3_10np17j in technology
[deleted] t1_j6a5gzl wrote
Reply to comment by PEVEI in Tesla just had its best week since May 2013 by upyoars
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PEVEI t1_j6a5mef wrote
It already has for most of us, but then I don't have a sunk cost to defend.
[deleted] t1_j6a5qza wrote
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PEVEI t1_j6a60sw wrote
Suuuuuure it did, and I bet it made you big-dicked and handsome too!
[deleted] t1_j6a6i2h wrote
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PEVEI t1_j6a7m5j wrote
Lol, oh man, you're so hungry for bag-holders it must burn. Sorry guy, you're stuck.
TrippieBled t1_j6ac0yt wrote
Lmao, this is such an idiotic comment.
Jra805 t1_j6bf9cn wrote
Is it? Stock is tanking and it’s more than Twitter; car quality is notably deteriorating, over prices repairs, tons of broken promises on features, the “tunnel” being worthless…
So it makes sense that people who are still holding (and claim to be millionaires off it… I mean until you sell it, it’s just a number) would want to argue that Tesla is a long play when it looks like Elon isn’t playing the long game by alienating his largest consumer base (damn libs and their love of sexy, electric vehicles).
wtfuckishappening t1_j6a8hcx wrote
And you're a trans youth but also had a wife of 68 years? Keep telling yourself these lies and you might just start believing one of them!
systemsfailed t1_j6fhz7g wrote
"FUD"
Yup, immediately discount anything you say lmao.
NorthImpossible8906 t1_j6a65ro wrote
so you sold all of it back in 2021?
pzerr t1_j6a6h0j wrote
He won't answer that.
SliceNSpice69 t1_j6a73oy wrote
It’s still up about 5x for anyone that bought before Covid (me). I bought in January 2020 on a whim for about $30 a share. It’s $178 today. Making 5x your money in 3 years is huge gain and you didn’t need to sell in 2021 to do it. You just had to buy in before Covid.
greatdrams23 t1_j6auwqb wrote
So you bought $200,000 of shares in Tesla, meaning you were already rich to start with.
If you only had 200,000 to start with, you would be a doll to invest it all in one company. So you must have had about a million to start with.
TrippieBled t1_j6b2bxe wrote
Where did he say he bought 200k worth?
[deleted] t1_j6a7gvv wrote
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[deleted] t1_j6a7mja wrote
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NorthImpossible8906 t1_j6a7qrh wrote
> I still have all my shares.
OUCH!
so sorry, do you have a GoFundMe page so we can contribute to help with your disaster?
[deleted] t1_j6a7wmx wrote
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NorthImpossible8906 t1_j6a810k wrote
huh?
TrippieBled t1_j6b1y2b wrote
Lol, doesnt even know what FUD is. No wonder you’re dumb enough to think Tesla is a bad investment.
NorthImpossible8906 t1_j6b2k5j wrote
ha ha, you have an infectious laugh!
Tesla was a bad investment.
down 43% YTD.
TrippieBled t1_j6b2tu4 wrote
Lol, it objectively wasn’t. A stock going down does not mean it’s a bad investment. You’ d know that if you had any clue about this topic.
NorthImpossible8906 t1_j6b3eaa wrote
hi,
yes a stock losing 50% of its value over a year is absolutely inarguably a bad investment. Super super super bad investment. If I am not clear, let me explain again. Really very terrible horrible no good investment.
It is absolutely 100% impossible to spin losing 50% into a "great" investment. Not possible at all. Nope.
So, yeah, both of us are having a good laugh at this poster who is trying to brag about their Tesla investment.
TrippieBled t1_j6ba2jk wrote
>yes a stock losing 50% of its value over a year is absolutely inarguably a bad investment.
No it’s not. Stocks go up and down. It’s not really an issue if you get in early and DCA when you can.
No one is trying to spin anything. You’re just wrong and you don’t realize that because, as I said, you’re incredibly ignorant about this topic. And have a myopic view on what investing is and how it works.
The thing is, if this was 2021 you wouldn’t say anything. You’re only suddenly an expert and certain about your beliefs because, in the moment, things seems to confirm your biases. But once Tesla goes back up (because it is a certainty that it will) you’re going to be kicking and screaming, like the moron you are, because you didn’t DCA when people more intelligent and educated than you told you to.
NorthImpossible8906 t1_j6bav6q wrote
> No it’s not. Stocks go up and down
not 50%
>But once Tesla goes back up
a fantasy about the future does not give me (or anyone) much confidence in your understanding of how investments work.
> But once Tesla goes back up
I'm repeating that.
> you’re going to be kicking and screaming,
No I'm not. Lots of companies make large gains. I don't cry like a baby when one does.
> when people more intelligent
those are rare
> more educated than you
that's not possible
> people more intelligent and educated than you
there is a high probability that you are neither.
[deleted] t1_j6bcm0z wrote
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NorthImpossible8906 t1_j6bdghu wrote
> You seem new to investing
why would you say that?
The one who looks like a fool, is the one who thinks losing 50% in one year is good.
TrippieBled t1_j6bfyf5 wrote
Stocks, can absolutely lose half their value. They can also recover it. If you didn’t know that, then it’s pretty clear you aren’t educated about this topic. And if you think Tesla going back up is a fantasy (already up 70% from the beginning of the month) then it’s clear you aren’t very intelligent.
pzerr t1_j6a6f2x wrote
So you sold it?
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