Trading the stockmarket (NO Referrals)

booyaka · 25 Oct 2021 at 19:24

Through the $1000 a share barrier... Mental.

englishpremier · 25 Oct 2021 at 19:36

Smashed the barrier. It's now a $1tn company on earnings of just $31bn

inferno · 25 Oct 2021 at 19:51

+30K USD today, thankyou LORD ELON

jsmoke · 25 Oct 2021 at 19:56

Yeh, I luckily stocked up on Tesla @ 5x, my profits sky high today, this won't last though will be a big dip soon.

inferno · 25 Oct 2021 at 20:01

jsmoke said:
Yeh, I luckily stocked up on Tesla @ 5x, my profits sky high today, this won't last though will be a big dip soon.

The man is a genius, they are going to be like Apple I think, I know it seems too good to be true but I think people in the future will only want a Tesla. They are just getting started. Close to 30% margin on making cars! People I'm following are saying that is indeed overbought, but they also said that at 800!

Follow the worlds richest man and buy TSLA, BTC and ETH, I think we will do alright for ourselves

jsmoke · 25 Oct 2021 at 20:03

inferno said:
The man is a genius, they are going to be like Apple I think, I know it seems too good to be true but I think people in the future will only want a Tesla. They are just getting started. Close to 30% margin on making cars! People I'm following are saying that is indeed overbought, but they also said that at 800!

Apparently Tesla is way overvalued though, so possibly a correction coming up. Hope it lasts though.

Psycho Sonny · 25 Oct 2021 at 20:17

inferno said:
The man is a genius, they are going to be like Apple I think, I know it seems too good to be true but I think people in the future will only want a Tesla. They are just getting started. Close to 30% margin on making cars! People I'm following are saying that is indeed overbought, but they also said that at 800!

Follow the worlds richest man and buy TSLA, BTC and ETH, I think we will do alright for ourselves

You forgot doge. He owns doge

Craterloads · 25 Oct 2021 at 21:20

Caved and sold my Tesla @ 998 today

bought in @ 620 a few months back so a nice profit.

is probably gonna keep on going up but best of luck to the holders hopefully it does.

Psycho Sonny · 25 Oct 2021 at 21:31

Craterloads said:
Caved and sold my Tesla @ 998 today

bought in @ 620 a few months back so a nice profit.

is probably gonna keep on going up but best of luck to the holders hopefully it does.

if a $4.2 billion order only pushes it up 10% it's going to take a lot for it to move any more now. It will likely correct and be trading at what it was a week ago within a month.

jsmoke · 25 Oct 2021 at 21:33

Psycho Sonny said:
if a $4.2 billion order only pushes it up 10% it's going to take a lot for it to move any more now. It will likely correct and be trading at what it was a week ago within a month.

Interesting, so no more 100% increase in 2022.

LeMson · 25 Oct 2021 at 21:47

Psycho Sonny said:
if a $4.2 billion order only pushes it up 10% it's going to take a lot for it to move any more now. It will likely correct and be trading at what it was a week ago within a month.

Hope so, stuck a grand in 3sts lol

Martynt74 · 26 Oct 2021 at 09:27

@mid_gen lots of rumours Ole will will be gone this morning. Enjoy your profit

jsmoke · 26 Oct 2021 at 09:45

There may be one more day of pump as those that missed yesterday will be sitting waiting to buy today but its obvious a dip will come. I'll wait it out till mid market.

Psycho Sonny · 26 Oct 2021 at 10:26

Martynt74 said:
@mid_gen lots of rumours Ole will will be gone this morning. Enjoy your profit

It's down 20% in the last month.

Will be interesting to see if Tesla holds up. It's getting a lot of exposure so retail will be buying in now. Perfect time to dump IMO.

Martynt74 · 26 Oct 2021 at 10:42

I really like this idea but can't decide whether to chuck money in or not. It's obviously fairly high risk and not sure of the potential reward.

https://www.crowdcube.com/companies/round/pitches/bjg6Eq/discussions/b6MR2Z

One of the highlights of Covid for me was the ability to order through an app from the table rather than messing around either going to the bar or trying to catch a waiters eye, then having the mess with asking for the card machine to pay etc when you're finished. However some pubs developed their own app and it worked poorly with poor design/functionality.
If this company can roll out their product to a lot of pubs then it could do really well, however the flip side is that i've noticed a lot of independent pubs/restaurants go away from app based orders and back to waiter service since normality has resumed and so where's the appeal to lose a few % for commission to this company when they employ staff anyway and the big boys all have their own apps (Nandos/Mcdonalds for example).

Psycho Sonny · 26 Oct 2021 at 12:08

That industry has been hit extremely hard and will continue to be that way for a long time IMO.

I have my eye on a number of renewable energy manufacturers. As in the people who make the parts. That is an industry with lots of untapped potential and growth incoming.

Whereas hospitality I feel is too much risk with not enough reward. I only buy companies where the product is something I like and/or would buy myself. However a lot of folk don't have any business acumen therefore cannot tell a good product from a bad one.

This seems like a good product in a crippled industry. Like you say the big boys where all the money is have their own apps anyway. So I just don't see it personally.

mid_gen · 26 Oct 2021 at 12:12

Martynt74 said:
@mid_gen lots of rumours Ole will will be gone this morning. Enjoy your profit

Hah, we'll see...will probably let it run a while if it does happen, new manage bounce and all that.

Just flogged all my SMT @1486 and will sit on the cash for a bit, buy the dip...

Craterloads · 26 Oct 2021 at 13:03

Is snap worth picking up, down 25% last few days surely some bounce back?

englishpremier · 26 Oct 2021 at 13:06

Psycho Sonny said:
Will be interesting to see if Tesla holds up. It's getting a lot of exposure so retail will be buying in now. Perfect time to dump IMO.

Retail already holds well over 30% I doubt many more are all of a sudden going to jump on it. Most would have known about Tesla for years. It constantly swings up and down, there has been money to made every step of the way.

TSLA still sells a tiny amount of cars at the moment. It's going to be year or two before it reaches the likes of Merc or BMW, but it will likely get there. I think where it is going to lose out is at the lower end against small cars that Europeans like to drive such as the ID3.

dlockers · 26 Oct 2021 at 13:07

englishpremier said:
TSLA still sells a tiny amount of cars at the moment. It's going to be year or two before it reaches the likes of Merc or BMW, but it will likely get there. I think where it is going to lose out is at the lower end against small cars that Europeans like to drive such as the ID3.

I think VW are going to make a point of that too. ID3s are selling like hot cakes/being aggressively advertised here. I understand it is a proper EV as well, as opposed to a retrofit of EV like the Mini (?). As we now know though, product has little bearing on stock price :cry: