TSLA Investor Discussions

[erha]

I'm probably the one here with the least experience from the stock market (some weeks), but personally I don't think it is a good idea to buy after a day like this. All the indexes are up today, and so are Tesla. I would wait some days (for bad news from Spain or Portugal) and then pick it up at a cheaper price. However, I think it still is a way good price and I expect the stock to pass 40 not long after they start to deliver cars, so I would definitely buy as much as you can afford. That's what I've done

[Citizen-T]

As you probably know, I'm all about taking some off the table while you are hot and saving it for a rainy day, but even I'm not making moves here. Too hard to predict, just as likely to miss a big move tomorrow as you are to lose today's gains. I'm just sitting on my hands.

If you are really itching to book some gains, I'd look at the 50-day moving average. In the past there has been a good bit of resistance there and the probability of a pullback is higher there than it is right here. I might consider taking some gains at that level as long as we don't get there on June 21st.

Right now the 50-day is at about $33, but on a downward trajectory.

[erha]

I'm totally new to this. How do you find the 50-day and 200-day that other people are talking to. Can't find it on either Google Finance or Bloomberg. Maybe I'm just not looking good enough

[Zextraterrestrial]

technicals tab on google finance (under stock chart)
here:


but if you look at the (200,2m) it is not the 200 day shown here( 200, 2 minute) , you need to zoom out to a daily for a 200,1 day MA

[erha]

Thanks! Been looking for that for a while

[erha]

New blogpost and video: Inside Tesla - 5.29.12 | Blog | Tesla Motors

[daniel]

The question is, should I try to profit take and grab some more on a low swing?

... Too hard to predict...

And that's really what it all comes down to. If it could be predicted everybody would be rich. But of course, for some people to gain others have to lose (talking day trading, as opposed to a rising market where everybody gains until the crash comes and everybody gets wiped out). So it's not predictable.

I'm totally new to this.

I'd strongly recommend against speculation if you don't know what you're doing. If you like the company and believe it will succeed, buy some stock with money you can afford to lose, and hold onto it for the long term.

Remember, if anybody tells you what to buy or sell and when, ask them "If you know so much, how come you're not Warren Buffet?"

[erha]

And that's really what it all comes down to. If it could be predicted everybody would be rich. But of course, for some people to gain others have to lose (talking day trading, as opposed to a rising market where everybody gains until the crash comes and everybody gets wiped out). So it's not predictable.


I'd strongly recommend against speculation if you don't know what you're doing. If you like the company and believe it will succeed, buy some stock with money you can afford to lose, and hold onto it for the long term.

Remember, if anybody tells you what to buy or sell and when, ask them "If you know so much, how come you're not Warren Buffet?"

Thanks, thats exactly what I'm doing. I really like the company and I'm therefore in for the long term. I only see now that I should probably have waited for a while before I bought. (Bought at 32.8). I'm only 19, and next year I'm moving for myself as a student, so I didn't have much money to invest, which means I won't loose that much either if it fails

[Citizen-T]

Thanks, thats exactly what I'm doing. I really like the company and I'm therefore in for the long term. I only see now that I should probably have waited for a while before I bought. (Bought at 32.8). I'm only 19, and next year I'm moving for myself as a student, so I didn't have much money to invest, which means I won't loose that much either if it fails

Good for you to be investing at 19. You are going to do just fine. Use this as a learning experience and soak up as much knowledge as you can.

[dsm363]

Good luck to you erha as well. I bought just a hand full of shares of Apple around the same age at $14 but never bought again because it kept going up and up and I thought it couldn't possible go higher. I'm hoping Tesla is like that. Oh well