I've pondered on this. TSLA had all the monied greenies already and the upper mid-class republican suburbanites made sense strategically. Most people (many on the left who don't hold grudges as long as righties) have no conviction so it doesn't matter if apple screws them on charging ports or right to repair, they'll keep buying.
You keep talking about going long ............... in a fackin' downtrend. And I keep making the point, which you either don't get or are completely ignoring, is that real honest to god traders go short in downtrends. Nothing wrong with being an investor - buying @ $100 - just don't confuse it with being a trader.
Dude, you seem to COMPLETELY miss the point when I said I was thinking about accumulating at the $100 or $63. This implies building a long position. Yet you keep talking about shorting the downtrend and BRN crap?? So that I can make it clearer for you, $100 price point is a FULL 33% drop from current $150 level. Dropping to $63, is another 58% drop. For many TSLA fanboys, that's capitulation. And when is a great time to buy? When there is capitulation. Stop with the pithy pontifications/generalizations. Lots of scammers do that to evade taking a stance.
I haven't kept track, Vic, but your forecasts haven't been that reliable in the past. Curious as to what loaded up means? I believe you said that TSLA was already your biggest position.
Musk isn't an engineer and I can write better code and my only experience is in NewtonScript. The dude simply bought all the top engineers in the space (space). x.com. If you knew someone's account number you could open a new account and transfer their entire balance. He was fired by the board.
It's now my only position. I've said before, I'm both an investor and trader (40/60). My investment time frame is 5 years and trading is weeks. I don't day trade TSLA. We're all gauging bottom and I believe double digit is nonsense, but I could be wrong. In my opinion, the downtrend is macro (and TSLA is holding relatively well) and micro (Musk is significantly negatively affecting value with his Twitter purchase and subsequent quagmire). The company's fundamentals and growth are solid and I expect the share price to rebound. My stated short term bet is close to, but below 301 by end of 02 '23, and over 350 by end of 2023. I understand you're waiting for a clear reverse to the uptrend before going in. I also understand that you don't set expectations and trade on movements. Right? In my short years trading TSLA, I vividly recall 2 instances holding back from entering, watching sudden surges of multiple % right before my eyes. Now I prefer to hold on to a small loss than to miss out on a big surge.