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Thread: Are you also investing in Tesla?

  1. #1861
    EDIT,,
    Last edited by Uncle Ron; 08-11-2012 at 07:17 AM.

  2. #1862
    Member Steph's Avatar
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    Quote Originally Posted by Uncle Ron View Post
    Aahhh said the blind man...

    That 24,238 looks suspect. Nice catch.
    Could it be that Nasdaq needs more time for those 7 millions shares to clear?
    No.

    Nasdaq only report the number for all companies twice a month and with a 10 days lag.

  3. #1863
    EDIT,,
    Last edited by Uncle Ron; 08-11-2012 at 07:16 AM.

  4. #1864
    Member Steph's Avatar
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    Quote Originally Posted by Uncle Ron View Post
    So for the April 15 number we wait until April 25?
    Right

  5. #1865
    EDIT,,
    Last edited by Uncle Ron; 08-11-2012 at 07:16 AM.

  6. #1866
    Yay, it's up today! No, wait, I mean Boooo, it needs to go down for a buying opportunity! Or, uh, what number was I rooting for the chicken to poop on?

  7. #1867
    Model S - U.S. P - #1649
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    Quote Originally Posted by ckessel View Post
    Yay, it's up today! No, wait, I mean Boooo, it needs to go down for a buying opportunity! Or, uh, what number was I rooting for the chicken to poop on?
    Nope. I just purchased my last 120 shares a few days ago. I just discovered I don't have to worry about short term/long term activities in my self-managed IRA account. It's all taxed as regular income as I withdraw. So, I'm hoping it goes up to nearly $50 at which point I sell a couple hundred shares and put in a buy order of 285 shares at $35. I probably won't withdraw any from my IRA (at least the TSLA part of it) until sometime next year, unless it really shoots up.

  8. #1868
    EDIT,,
    Last edited by Uncle Ron; 08-11-2012 at 07:16 AM.

  9. #1869
    Model S VIN P01536 Robert.Boston's Avatar
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    Quote Originally Posted by dmckinstry View Post
    Nope. I just purchased my last 120 shares a few days ago. I just discovered I don't have to worry about short term/long term activities in my self-managed IRA account. It's all taxed as regular income as I withdraw. So, I'm hoping it goes up to nearly $50 at which point I sell a couple hundred shares and put in a buy order of 285 shares at $35. I probably won't withdraw any from my IRA (at least the TSLA part of it) until sometime next year, unless it really shoots up.
    That's a real downside of using the IRA as an investment vehicle -- instead of paying the LT cap gains rate, you'll end up paying the regular income rate. In the U.S., the federal capital gains tax is much less than most people's marginal tax rate on regular income.

  10. #1870
    EDIT,,
    Last edited by Uncle Ron; 08-11-2012 at 07:15 AM.

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