John K
Well-known member
- First Name
- John
- Joined
- Jan 2, 2020
- Threads
- 36
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- 2,195
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- Location
- Los Angeles
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- Volt, CT reserve day 2
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- Thread starter
- #16
I enjoyed this Turbo Tax commercial.
If you just bought Tesla and sat on it for the past 5 years you’d be far better off than +40%/ year.I like your strategy.
I note the stock price close of business day before earnings call. Put in for a buy 10% below that number. It will hit in a few days. Then Sell 10% profit. It will take effect before the next earnings call. If this crazy plan worked I would be 40% richer every year. Elon is something else - I still laugh about his April Fools prank - not only is he genius, he has a sense of humor and money means nothing to him (ref Mclaren, “watch this”)
Word to the wise.If you just bought Tesla and sat on it for the past 5 years you’d be far better off than +40%/ year.
Buy and hold Tesla for 5 years: 3100% returns. Hard to beat a 31 bagger.
I did something like this when I first invested in TSLA. And it got flagged as a Wash Sale.Step 1. Sell all stock immediately after Elon Musk sends a 4:20 tweet
Step 2. Buy TSLA 5 hours after a 4:20 Tweet
Step 3. Brag about your sophisticated NDA investing strategy
Note: A 4:20 tweet can be sent at any time over a 24 hour period. 5 hours timer begins after market opens.
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If you want to make even more money, just buy 10 shares whenever Elon says anything.Here’s another strategy.
Buy 10 shares whenever Elon says something stupid.
After he announces when he’s going to Mars, start selling.