when the main shareholder buys, ppl tends to be bullish... ya?
but how come... this tesla... when the owner doesn't seem to think highly of the stock (ya, he rather buy twitter than keep tesla) , how come ppl not turning bearish about the stock? is it because got skin in the game?
he still have a few billions after selling... I think...
Elon cult is strong... and Tesla has 1st mover advantage in the US... and getting stronger in Europe...
This post has been edited by dwRK: Nov 9 2022, 12:17 PM
Yes. I am aware but the company was so likely to go under. The cash burn rate was insane. Delivery issues. Car many complaints. Made a lot of cash calls too.
Moving forward.... there's competition. Rising costs. Supply chain issues. Even new car shipment was facing issue...
if the downtrend in economy does occur, does any really expect new car (Tesla) sales to continue to grow?
high oil... & EU... will drive a lot to electric... everyone faces the same... imho Tesla has better handle on low cost designs and components... but just like Apple & it's app store, it is their good charging network that is what setting it apart from others...
i still think they have 1st mover advantage for now... competitions still playing catch up... as for Tsla... I probably buy nio or something else... lol...
... but ya... many play the stock market without any sell button. scary ..... if you plant a banana tree ... if see no banana, tree will get chop, yes? chop and plant new one yes? takkan say keep and keep for 15 years.... oping one day, banana will suddenly come....
Sell button time-locked for 15 yrs or retirement, whichever come first... lol...
plant banana tree... later gets a few baby trees... ohhh... exponential growth... maybe soon parabolic growth... fruits can come later... bountiful harvest...
marketing strategy by those brokers to make us throw money at the stock market.
Youtubers also end up buta2 follow these people keep ask us to DCA.
Should be when Fed announce start of tightening.. they should have warn us to STOP investing instead (and even sell if u think u need the money). Hence this guy gain a new respect from me for warning us:
I've been warning ppl since Jan/Feb... market not looking good... lol
my advice to y'all... don't simply listen/follow ppl... learn to weed out the noise... and do your own homework...
Read b4 that insurance for EV is much more expensive and it could very well cancel out most of the fuel savings.
and apparently not all 'charging' are the same. Home charges are generally cheaper than the public ones and the home charging also depends on what kind of installation charger is installed.
been looking at the ionic 5, xc40 recharge, etc... buy because wanna try it... not because of fuel savings... prices are coming down but still expensive... maybe wait for BYD... lol...
as for charging, I think can still get "free" public charging joining dunno what membership... can't recall lazy to search... home charging definitely cheaper than ron95...
but anyways... Malaysian mentality on no resale value battery kong expensive to replace and shitty ringgit limits adoptions here imho... for now free road tax but later sibeh expensive for powerful motor also sulks...
tbh ... I saw the article .... and then .... i thought about you ................... but yea... i have no expertise in all these foreign stocks. Just reading and reading only.
np bro... there is this small new listed company I'm watching for a few wks now... but they only have 2 ships... lol
bro TOS wanna help me do some research?
This post has been edited by dwRK: Nov 11 2022, 01:10 PM
The USD exchange rate has been crazy recently, unfortunately my average cost to exchange USD is relatively high as I only entered in recent years. I only buy index fund but yikes it is still painful to look at. The market need to have outstanding performance to compensate the loss from foreign exchange, then it will only generate a meaningful return.
Anyone mind sharing your experience on the impact of foreign exchange rate on your portfolio?
yes must look at both... fx gains/loss + stock gains/loss... ideally you want both to be in your favor...
when i was invested in euro stocks... i also looked at eur/usd and eur/myr closely...
Nov 9 2022, 12:15 PM
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... i blame bro 
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