Member Info for Chiefchuma

Advice? I am not a financial professional not am I advising. I am just eating crayons at home on lockdown and thinking about what else to eat next. Any options expressed in this forum by me do not constitute financial advice in any shape or form, please seek financial advice from professionals and qualified persons. I'm just enjoying the emotional spectacle because emotional investing is like a TV soap drama. Hahahaha I love it!

Hahaha keep your knickers on Wigwamer. You are starting to think you are Elon out here. Little sheep

I am prepared to double down and incur losses for now because Tesla cannot rise infinitely. Stocks for overpriced hype bubbles don't go up permanently. They fall as the market sentiment shifts and the realisation that Elon may not be able to revolutionise the car battery with any new technology will cause sentiment to shift a little bit more plus coupled with other major factors such as economic downturn, competition, government subsidy cut backs and scandals, Tesla is in for a rocky ride down. It can either be a slow painful decline over months or a sudden drop in a short space of time. These things happen unfortunately. Diversify your portfolio whilst there is still a little bit of time left. April is coming.....

Wigwamer - I said future pricing. Re-read my comment. According to Cathie woods, Tesla will be valued at $3.6 trillion. Tesla will hit a $3T market cap at $3,126/share by 2025. Which is 4 years away. https://www.google.com/amp/s/www.barrons.com/amp/articles/cathie-woods-new-tesla-price-target-is-out-and-its-a-doozy-51616251037

If that isn't madness then I simply missed the point altogether. So we are just going to keep disregarding competition and changes in the economy and many other variables between now and 2025 and assume Tesla will somehow takeover the world altogether? Come on! Get real. Even wigwamer has began to smell the cornflakes and is starting to join the winning side. It's not too late to ride the wave. Even I rode Tesla on the way up and got lucky enough to jump off at $880 because I knew the ride was done. You can't expect a stock to go up permanently, that is just not real.

Dogberry101- My indigestion is getting better thanks. I stayed true to my word and my position never made it into the Red zone because Tesla has yet to rise above $880. Anything less i profit and just play the waiting game...........

Wigwammer- Microsoft was not priced at the same level as Tesla is during their initial growth stage plus the future pricing of Tesla still outweighs the Microsoft pricing for a growth company that is priced based on future earnings. Either way, Cathie Woods and the cult are delusional when they say Tesla is a trillion dollar software company with incidental car sales. Come on fella! wake up and smell the cornflakes. Elon is a fraud an the other fraudsters will fall with him.

That is why the valuation is so high with very little real substance to back it up. Just market hype and lies from people so heavily invested in it. Cathy woods, Chamath and Elon cannot be trusted to give an objective view of a company they hold shares in. Elon says we will settle on Mars in a decade. The real scientific community says that is just pure delusion. It's far easier to correct the problems on earth than terraform Mars and settle there. The delusional ideas are just pure fantasy. Then they say Tesla is a software company not just a car company, cars are incidental to their other operations. Okay fine, it's a software company valued at more than Microsoft with no real market presence to match apple, Microsoft or other top software companies. It's a car company? Okay so where are the sales to outshine the competition in all areas? It's an energy company you say? Okay where else in the world is Tesla providing solar roof panels or energy solutions better than leading energy companies? This is just fraud, fantasy and pure fiction from children with little knowledge on stock market fraud. I'm pretty sure Elon was held to account just a couple of years back by the SEC for stock market fraud and fined for this. The bubble will burst and take life savings of the gullible with it. This is an epic level bubble. Oh and for those saying it also offers financial services and holds crypto assets such as bitcoin......you have much to learn. Bitcoin can never be accepted as a reserve currency because it's origins still remain unspecified and the criminal support element is what makes it so untrustworthy. Let the Cheerleaders invest and follow their cult but we the learnered will remain realistic. The bubble will burst.

I ha e a very dark tendency to be right. April will be fun. Enjoy for now. At least i will know how to treat you when you are down. Short season is coming.

Enjoy your pie. I will enjoy feasting on you all soon. Koffee is like a cheerleader right now. All excited and cheering along. He will cry the hardest later when Tesla crashes like its failed gimmick rockets from the 70s. I can't wait to dip my cookies in your tears as you squirm. Take your money and run now........

Indigestion? Hardly! I shorted at $888. How can i be down when I'm still in the green? You will have to spread bigger lies and promise more false dreams about Elon and Tesla to get to my tree branch at the top. I am enjoying this spectacular bull trap. Enjoy it while it last. I'm happy for you all because at least you had one last good eat before seeing darker days to come. This will end soon for the Tesla guys and it won't be pretty when the vultures feast. Well done guys, you stood by your conviction and even ignored the obvious warning signs from experienced traders who have lived through bubbles and market crashes. In the end the shorters will win by April.

Don't worry guys , this is just the bull trap stage where the bag holders seal their fate by buying in more. The stimulus checks are just extra fuel that will run out once the retail investors inject it into tesla and meme stocks. The current rise is just another false dawn partially engineered by Cathy woods, Chamath and other cronies in the game plus market conditions are outrageously out of touch with reality. We have a market rally breaking historic records whilst business is shutting down and facing dark economic prospects. We shall prepare and our time will come. Minor hiccup is all this is. Lets see what April holds because i see great times ahead for 3sts.

I saw that too. I think they may be taking into account after hours trading performance and premarket trades against closing percentages from previous day and then working out a round percentage. Either way, the pricing mechanism in place is unfavorable during price rises but excellent at compounding positively when the downturn comes.

Around here Chief Chuma has status. You are in our Kingdom. We don't take too kindly to tribes-people belonging to the cult of Elon. On your bike and off you go Bb143. Also don't forget to tell your cult that we are holding our short positions until the cult is no more. These Tesla bots are everywhere and they see to follow me around. I guess BB143 really is a bot and it stands for Beep Boop 143

I remain objective in my view that there is still time for those believing that Tesla will somehow escape the full force of the carnage to come. Look at the cracks and perhaps reconsider your position and portfolio whilst there is still some salvageable value in it. Diversify and look for prospective growth elsewhere because the mafia has silently exited and the bags are now in full view and can be seen by all. Hold the bags if you must and show piety to Elon at the risk of losing your precious nuts or save your self because its everyman for himself here......

My thoughts exactly, I definitely want to see a slow compounding that will enrich us more over time than an instant cliff plunge with a one off huge gain. I can't bring myself to sell my holdings now as it would be a risk and buying back in at a cheaper rate would be chancing it. The train is on the move and I don't want to miss the ride once the momentum speeds up another gear.

Your prediction is happening just as you said. We are definitely winning. It's a matter of time I guess.

Who did you buy from?

hahaha i know the feeling! I have definitely more than doubled as i had so much money on this. I will let it ride and see where we end up but word on the streets is that we are becoming very unpopular in the circles of the Tesla cult. ;) I love it! Long may it continue!

Same here, i couldn't bring myself to sell and probably won't now as we have the afterburners on. We are eating! Did you see the bitter messages on the Tesla chat? hahaha Let's eat my friends.

I see. Thanks for the example. I had a feeling it was set this way but i had my doubts because of price differences reflected by fees. Cheers.