RE: Clear Heads Up from Lindy26 Jul 2024 10:29
Tesla had a stock split. 1 for 4 or 5.
Still a good sell though, as they had become ridiculously overvalued.
However, I mention it because I did actually consider investing in Tesla stock in 2010 - but instead bought a car. Had I invested in Tesla stock instead of buying the car, my holding would have been worth about $10 million at the peak, if I’d had the balls to hold it all the time (which I wouldn’t have done).
Waiting for share prices to drop back only works if they do. It didn’t work for me in Tesla and it may not work for you here - though you seem not to mind, which is fine.