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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 12-18-2020, 02:03 PM   #6421
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How weird. The post froze and I couldn't type in it. I was going to type that the impact on the other 499 stocks will be pretty diluted, but it'll still be downward pressure on them to sell off, counterbalanced by upward pressure that's concentrated on TSLA.

I'm hoping to make some money off of this.
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Old 12-18-2020, 02:10 PM   #6422
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The other interesting part is that other stocks will be selling off to rebalance index funds. For every action, there is an equal and opposite reaction, I guess.

https://www.cnbc.com/2020/12/18/trad...he-sp-500.html
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Old 12-18-2020, 04:18 PM   #6423
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Closed at 695 .Sweet!
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Old 12-18-2020, 04:24 PM   #6424
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Just saw some guru on CNBC say $2300 long term
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Old 12-18-2020, 04:26 PM   #6425
Hog's Gone Fishin Hog's Gone Fishin is offline
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Old 12-18-2020, 04:28 PM   #6426
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Originally Posted by Hog's Gone Fishin View Post
Just saw some guru on CNBC say $2300 long term
If you were in pre-split, aren't we closing on like 4k?
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Old 12-18-2020, 04:54 PM   #6427
Hog's Gone Fishin Hog's Gone Fishin is offline
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If you were in pre-split, aren't we closing on like 4k?

yep, but the new target is post split
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Old 12-18-2020, 04:56 PM   #6428
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Just saw some guru on CNBC say $2300 long term
(Checks on the price of two chicks at the same time.)
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Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
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Old 12-19-2020, 04:36 AM   #6429
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That sounds pretty awesome. Are you able to buy low during the pandemic, or is it in an area where it's been able to hold a customer base?
It is up in the Smokey mountains. The only time there was a down month was the month everyone had to shutdown.
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Old 12-20-2020, 09:48 AM   #6430
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(Checks on the price of two chicks at the same time.)
Hang on Rainman. I think we're talking 5 chicks now!

Edit , gotta back it up to the beginning .I can't start it there.
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Old 12-20-2020, 10:31 AM   #6431
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Hoping history repeats itself and this happens tomorrow with Tesla
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Old 12-20-2020, 12:01 PM   #6432
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Hang on Rainman. I think we're talking 5 chicks now!

Edit , gotta back it up to the beginning .I can't start it there.
This analysis seems flawed on the premise to me, in that my initial research indicates that there are only a few hundred thousand taxis in the US, while he supposes putting 2M taxis and adding that plus 50% growth in the number of taxis each year.
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Old 12-20-2020, 01:41 PM   #6433
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This analysis seems flawed on the premise to me, in that my initial research indicates that there are only a few hundred thousand taxis in the US, while he supposes putting 2M taxis and adding that plus 50% growth in the number of taxis each year.
What he's saying is that there are going to be tons of people that do away with car ownership and just robo taxi . If I worked and lived in NYC you bet I'd be one of those people. If Tesla keeps those robo taxis in house they're looking at 3 trillion in profit in 2030.

Thus Tesla shares should be valued at $10,000 +. That = 5 chicks at one time.
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Old 12-20-2020, 03:04 PM   #6434
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Quote:
Originally Posted by Hog's Gone Fishin View Post
What he's saying is that there are going to be tons of people that do away with car ownership and just robo taxi . If I worked and lived in NYC you bet I'd be one of those people. If Tesla keeps those robo taxis in house they're looking at 3 trillion in profit in 2030.

Thus Tesla shares should be valued at $10,000 +. That = 5 chicks at one time.
I can certainly see a future where you have driverless public cars that you summon as needed, and car ownership drops and mass transit goes away. It would solve a lot of the inherent "last mile" problems of public transit, and it would decrease or eliminate the need for parking. It would be a major positive change.

I'd like to see something like this. I'd convert my garage to an apartment or an Airbnb. It'll also be good timing for me as I age and become a slow senior citizen driver who accidentally lurches my car into storefronts.
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Old 12-20-2020, 05:25 PM   #6435
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I was about to buy a few more shares of Tesla just before the market closed on Friday, but got sidetracked.

I'll probably regret not buying after it skyrockets this week.
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