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Originally Posted by Rawlsian
People here discuss Tesla? Thinking of buying it long term. Seems all competitors are really behind in technology and the world (China/Europe) are mandating EV vehicles
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I wouldn’t. They don’t make money. There is a lot to like there but they don’t make money and never meet their projections. Not good things for stock owners.
Quote:
Originally Posted by Hog's Gone Fishin
You got that right. My brother tried to get me to buy some corn contracts two weeks ago. I politely told him to go **** himself. Agriculture is just HARD.
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Did he do it? He’s probably made some money.
I had hedged pretty aggressively because planting scares virtually never amount to much. So I put a few contracts to physical contracts and spread the whole thing. I was still hedging but I was speculating with cash. Thinking it was a fairly safe bet to try to get some of my margin money back. Because the margin calls made me cranky. And they couldn’t roll a wheel in the cornbelt. Has to work, right? NOPE. more margin calls. It’s turned back around and is going the right way now, but I was sure for awhile I was going to eat shit on both ends.