Tesla/Lithium stocks discussion

Sabre Man · 08-10-2019 4:22pm

You just quoted Unsworth's lawyers. You'd expect them to say something like that. Did they mention that Unsworth insulted Musk first?

OwlsZat · 08-10-2019 4:33pm

phantom_lord wrote: »

:pac: I think it's great that the response to that document is to question why I'm anti Musk.

Because he is self important?

or engages in smoke and mirrors tactics?

The companies books are public so they have to be pretty straight or does your dislike overflow to the company too?

phantom_lord · 08-10-2019 4:42pm

Sabre Man wrote: »

You just quoted Unsworth's lawyers. You'd expect them to say something like that. Did they mention that Unsworth insulted Musk first?

:pac: Ah, so it was a warranted response to call Unsworth a pedo and call his wife a child bride?

phantom_lord · 08-10-2019 4:49pm

OwlsZat wrote: »

Because he is self important?

or engages in smoke and mirrors tactics?

The companies books are public so they have to be pretty straight or does your dislike overflow to the company too?

Have you heard of Solar City?

bennyineire · 08-10-2019 4:56pm

OwlsZat wrote: »

phantom_lord wrote: »

Very damaging for Musk

https://twitter.com/RMac18/status/1181393068701802496
You have some drive to try to discredit Elon Musk. What is it that drives you? Did you loose money? Are you short the company? or you just 100% believe the whole TESLA franchise will fail? If it's the last please explain why as best you can.

If somebody called me a Pedo and then refused to apologies you can bet your ass I would bring him up for defamation. Not for monetary gain but for the principle.

Sabre Man · 18-10-2019 12:20pm

TSLA is up 9 days in a row, apparently a new record. Lots of good news lately.

Sabre Man · 23-10-2019 10:00pm

https://ir.tesla.com/static-files/47313d21-3cac-4f69-9497-d161bce15da4

unkel · 23-10-2019 10:44pm

Wow, that is better than expected. Share closed at $254, now $300 in aftermarket now this came out :eek:

OwlsZat · 24-10-2019 10:00am

Wonder will DrunkenMonkey and PhantomLord be about to eat some humble pie? or perhaps they still aren't convinced?

q85dw7osi4lebg · 24-10-2019 10:28am

Amazing overnight gains alright, happy for anyone holding. Despite all the good news it's still down 15% in 12 months to date. Life isn't fair some times.

Love to get my hands on a Model 3 in a year or two.

drunkmonkey · 24-10-2019 10:48am

OwlsZat wrote: »

Wonder will DrunkenMonkey and PhantomLord be about to eat some humble pie? or perhaps they still aren't convinced?

I'll buy some of that humble pie with my Porsche dividends. :cool:

What's the golden rule though lads, buy the rumour sell the news.

Sabre Man · 24-10-2019 11:16am

drunkmonkey wrote: »

I'll buy some of that humble pie with my Porsche dividends. :cool:

What's the golden rule though lads, buy the rumour sell the news.

Are you short TSLA?

unkel · 24-10-2019 2:42pm

And I'm out. Bought for 233 6 months ago, sold for a bit over 300. Sweet

unkel · 24-10-2019 2:43pm

drunkmonkey wrote: »

I'll buy some of that humble pie with my Porsche dividends. :cool:

I still have those. The dividend was nice alright

doing well there too, but not so much with my 2 other investments (pharma), they are heavily in the red...

phantom_lord · 24-10-2019 3:58pm

OwlsZat wrote: »

Wonder will DrunkenMonkey and PhantomLord be about to eat some humble pie? or perhaps they still aren't convinced?

I think the company is still headed towards the same result, it's just taking longer than expected to get there. It's an unexpectedly good quarter, but let's have some perspective, S&P is approaching record highs, TSLA is still down on the year.

Sabre Man · 24-10-2019 4:32pm

phantom_lord wrote: »

I think the company is still headed towards the same result, it's just taking longer than expected to get there. It's an unexpectedly good quarter, but let's have some perspective, S&P is approaching record highs, TSLA is still down on the year.

What's your short thesis?

phantom_lord · 24-10-2019 5:49pm

Sabre Man wrote: »

What's your short thesis?

It's a garbage company run by a psychopathic con man, with massive liabilities lining up down the line. I underestimated how much investor and government money he'd be given to burn.

Sabre Man · 24-10-2019 6:14pm

phantom_lord wrote: »

It's a garbage company run by a psychopathic con man, with massive liabilities lining up down the line. I underestimated how much investor and government money he'd be given to burn.

Perhaps you're better off devoting your time and money to a company that you understand better in that case.

phantom_lord · 25-10-2019 11:35am

What's incorrect about what I posted?

unkel · 25-10-2019 11:48am

Will I just send you my bank details, phantom_lord? Just transfer the money to me instead of shorting TSLA, would save you a lot of stress :pac:

lucky john · 25-10-2019 4:13pm

unkel wrote: »

Will I just send you my bank details, phantom_lord? Just transfer the money to me instead of shorting TSLA, would save you a lot of stress :pac:

I think we are it the territory of a short squeeze now. The shorts were left with very little ammunition at the Q3 results

Sabre Man · 25-10-2019 4:17pm

unkel wrote: »

And I'm out. Bought for 233 6 months ago, sold for a bit over 300. Sweet

Looks like you sold too soon, unless you needed the money.

unkel · 25-10-2019 4:23pm

Nah, just profit taking. I'm happy to be out for the moment. I'll probably go back in if the opposite happens - a result (now matter how good or bad) that's worse than what was expected and the share is down well under $300 again. Which of course might never happen!

q85dw7osi4lebg · 25-10-2019 4:25pm

Good decision to get out for now, only up today due to fomo.

positron · 25-10-2019 4:29pm

I am new to shares and having a look at DeGiro, I have 15 TSLA shares (I don't have many others tbh), and BEP shows 238 (which I think means is the average cost of these shares as I bought them at different times at different prices?). If I sell them now I could make some profit (approximately €1000). Just wondering if I should, first time selling shares...

Sabre Man · 25-10-2019 4:43pm

positron wrote: »

I am new to shares and having a look at DeGiro, I have 15 TSLA shares (I don't have many others tbh), and BEP shows 238 (which I think means is the average cost of these shares as I bought them at different times at different prices?). If I sell them now I could make some profit (approximately €1000). Just wondering if I should, first time selling shares...

You get a €1,270 capital gains tax exception per year so it could be a good idea to take that profit if you haven't exceeded the limit so this year.

Sabre Man · 25-10-2019 4:44pm

Camilla Damaged Economist wrote: »

Good decision to get out for now, only up today due to fomo.

Or short squeeze. Version 3 of solar roof will also be unveiled later today.

unkel · 25-10-2019 9:22pm

Sabre Man wrote: »

You get a €1,270 capital gains tax exception per year so it could be a good idea to take that profit if you haven't exceeded the limit so this year.

And if you are confident the TSLA share will go further up, you can sell all your shares now, which will realise your capital gains (just within the tax exception, so no tax is due on it) and immediately buy them all back.

It's a way of spreading your capital gains in such a way as to minimise tax

The Tesla deal alone I did yesterday, sends me over the capital gains tax exception, but I also have a heavily in the red pharma stock. Which I will sell (at a loss) before the end of the year and then buy back, so I also will have no capital gains tax bill this year

Thargor · 25-10-2019 11:39pm

unkel wrote: »

And if you are confident the TSLA share will go further up, you can sell all your shares now, which will realise your capital gains (just within the tax exception, so no tax is due on it) and immediately buy them all back.

It's a way of spreading your capital gains in such a way as to minimise tax

The Tesla deal alone I did yesterday, sends me over the capital gains tax exception, but I also have a heavily in the red pharma stock. Which I will sell (at a loss) before the end of the year and then buy back, so I also will have no capital gains tax bill this year

Sorry for off topic but if you make a loss does that loss only cover you for the year in which you made it? You cant write it off against the CGT on a gain you might make 5 years later or whatever?

OwlsZat · 25-10-2019 11:46pm

Thargor wrote: »

Sorry for off topic but if you make a loss does that loss only cover you for the year in which you made it? You cant write it off against the CGT on a gain you might make 5 years later or whatever?

Believe its year by year but ready to be proven wrong.

Tesla/Lithium stocks discussion

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