Case Study: Buy low, Sell high

[David Green]

About TSLA, I remain patient as I prefer investing in leading technology. On paper and personal experience, the Tesla products remain supreme.

Owning a Standard Range Plus Model 3 (SR+M3) and having completed trips of 500-760 miles, I am very happy with my ride. Long distance drives are significantly cheaper than our former Prius hybrids. Autopilot has already proven itself a significant safety aid. Around town, the SR+M3 is jaw dropping more efficient than the replaced, plugin Prius which was no slouch. Acceleration and handling are a lot of fun in traffic.

So I remain both a customer and investor. Should the stock grow to earlier levels, I'll be quite happy. But even now, I've not lost any on my TSLA stock and actually made a nice profit last year. Unless I sell, I've not lost a penny and I see no reason to sell anytime soon.

Bob Wilson

Bob, you are a very patient man... I hope the current trend reverses for you as currently things are pretty grim for TSLA, and looking at the sales mix, Q2 earnings report is shaping up to be a tough one as the mix of Model 3's has become much higher ratio of low profit short range models. I do not see a major recovery in S and X sales although they should be better than Q1.

 

[bwilson4web]

Bob, you are a very patient man... I hope the current trend reverses for you as currently things are pretty grim for TSLA, and looking at the sales mix, Q2 earnings report is shaping up to be a tough one as the mix of Model 3's has become much higher ratio of low profit short range models. I do not see a major recovery in S and X sales although they should be better than Q1.

But I doubt you are holding stock as much as having borrowed it. This suggests some impatience.

Bob Wilson

 

[David Green]

But I doubt you are holding stock as much as having borrowed it. This suggests some impatience.

Bob Wilson

Bob, I do not have patience for buying stocks that go down... if the company is not performing, I dump it. TSLA is not performing on many fronts, and has missed almost every guidance given in Q1 2019 and Q2 is not looking much better.

 

[bwilson4web]

Bob, I do not have patience for buying stocks that go down... if the company is not performing, I dump it. TSLA is not performing on many fronts, and has missed almost every guidance given in Q1 2019 and Q2 is not looking much better.

Then you really have no position (or opinion) about your personal TSLA investment. Works for me.

Guess you haven't figured out, a 3d party, personal, uncommitted opinion has no effect on my stock investments. Still, I'm reminded of:

You claim to have no personal stake in TSLA performance one way or the other. I'm OK with that until I note you seem terribly interested in spreading 3d party reports about TSLA. Just to put us eyeball-to-eyeball:

• July 1-7 - I'm expecting to see Q2 sales
• August 1-14 - I'm expecting to see Q2 financials

Everything else is Psalm 39:6.

Perhaps you prefer:

MACBETH
She should have died hereafter;
There would have been a time for such a word.
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day
To the last syllable of recorded time,
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.​

Bob Wilson