TSLA Investor Discussions

[bonnie1194]

A while back you said you had a limit order in at 28. Is that the one that executed, or did you change it to 27 and get that?

I cancelled the 28 earlier this week, thinking 'you really really have enough TSLA in your portfolio' ... put in a limit order of 27, was distracted and took a couple minutes to hit the final submit button, so when I submitted, it executed at 26.85. (yay)

That gives me a nice even number of shares, not on margin, and like shoes ... I have enough.

[AnOutsider]

My limit order is in, too.


.... and executed. Nice.

Ditto, sweet!

[Uncle Ron]

EDIT,,

[bonnie1194]

It was barking dogs. Everyone needs barking dogs.

[neroden]

When do you guys think there will be some relief? This is seriously painful.

I'm going to tell you bluntly: DON'T BUY STOCKS. You don't have the personality for it. You might be happier buying bonds, which aren't quoted as frequently, and holding them to maturity. (Not that bonds are a good investment right now; they generally aren't. But I'm talking psychologically. If Tesla issued bonds, they would probably pay a pretty good interest rate; they'd probably have wild price fluctuations; but you wouldn't KNOW about the price fluctuations, so they wouldn't BOTHER you.)

Stocks are wildly volatile. Even "conservative" stocks are wildly volatile. In the old days, the advice was not to read the quotes daily, or it would drive you mad. Those of us invested in Tesla are fine with the volatility and happy to wait it out; I've estimated the value based on future profits and an expected P/E ratio, and so I'm trying to buy Tesla below its expected value. If the volatility upsets you, stocks are not for you.

As for me, my buy limit order is actually at a LOWER price than the current ones, and I've been debating whether I should pay a bit more, but I'm hoping for a significantly larger drop; I missed the drop in January because my order wasn't in.

[onlinespending]

It was barking dogs. Everyone needs barking dogs.

agreed. Especially when they earn you a quick $1 per share!

[smorgasbord]

it executed at 26.85. (yay)

Spot Bonnie's trade here:

[neroden]

I'm just realizing that I'm probably already more heavily invested in Tesla than most of you... I already have more than everyone who's mentioned a number of shares. Though if Bonnie accounts for all of the 64K shares that traded at 26.85 she might be a really big investor .

Edit: blast, deliveries start in June? The price is going to go up as soon as deliveries start, I may have to buy at a higher price than I'd hoped.

Edit: I decided to up my limit order; Tesla's unlikely to drop back to $25. (Sigh.)

[ckessel]

Down 30% from it's high on basically good news over the last month. Both my purchases are now underwater, though there's a lot of time for it to recover before I have to purchase.

I'd grown used to daily multi-% fluctuations, but this is rather depressing mostly because it's completely inexplicable. The stock seems to have absolutely no correlation to what's going on at Tesla other than the occasionally obvious one-day bumps/drops on specific items of news.

[bonnie1194]

I'm just realizing that I'm probably already more heavily invested in Tesla than most of you... I already have more than everyone who's mentioned a number of shares. Though if Bonnie accounts for all of the 64K shares that traded at 26.85 she might be a really big investor .

Not quite 64k. But easily enough to cover my Sig Model X.

(the dogs got extra treats this morning for getting me the stock below my limit order - first time I've ever managed that)