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> If you missed out on Tesla, here's my next play

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KronenZerg
post Dec 7 2020, 11:07 AM

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Hyliion is not full EV but with that said, the price has dropped to USD18. Do you think it is good buy for long term as compared to NKLA.
Plus NKLA boss just left the company and GM just cancelled the contract with them.

What is your take .. worth buying and holding it for a while?
Of cos, it is not expected to hit as high as Tesla.

Tesla is too high .. cannot afford that amount now.
Nio .. China company and not sure if there will be sanctions on Chinese in US markets.

This post has been edited by KronenZerg: Dec 7 2020, 11:08 AM
TSkelvinlym
post Dec 7 2020, 11:34 AM

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QUOTE(KronenZerg @ Dec 7 2020, 11:07 AM)
Hyliion is not full EV but with that said, the price has dropped to USD18. Do you think it is good buy for long term as compared to NKLA.
Plus NKLA boss just left the company and GM just cancelled the contract with them.

What is your take .. worth buying and holding it for a while?
Of cos, it is not expected to hit as high as Tesla.

Tesla is too high .. cannot afford that amount now.
Nio .. China company and not sure if there will be sanctions on Chinese in US markets.
*
I have not been monitoring the news on them lately since I've sold off all holdings in HYLN.

My original thesis was 40 billion market cap by 2024, based on my rough calculation before. This presents a roughly 16x upside from today's price.

You need to make your own assumptions now and look into how confident you are with them executing their plans. To me, I still feel they could execute, but I just feel I can't spend much time monitoring the company anymore, hence I decided to pull out. But don't follow me just because I said so.

Regarding comparisons with Tesla, since you already say that HYLN is not expected to hit as high as Tesla, why aren't you going into Tesla? Why limit yourself to a stock which is not expected to go as high? I don't understand your thinking. Is it because you feel that Tesla has less of a probability to hit your expectations? Do you think that the chance of HYLN hitting their targets are higher?

You just have to answer that yourself. Don't just look at the price. Sometimes, it's better to pay more for something that is more likely to happen, than to pay less for something less likely to happen.

"Tesla is too high .. cannot afford that amount now." Too high in what sense? Get rid of the thinking that it's better to own 1000 shares of a mediocre stock than to own 1 share of an amazing stock.

Having said that, I don't know your risk profile, I don't know your financial condition, I don't know your financial goals, so the decision is up to you and always do your own research.
KronenZerg
post Dec 7 2020, 01:04 PM

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QUOTE(kelvinlym @ Dec 7 2020, 11:34 AM)
I have not been monitoring the news on them lately since I've sold off all holdings in HYLN.

My original thesis was 40 billion market cap by 2024, based on my rough calculation before. This presents a roughly 16x upside from today's price.

You need to make your own assumptions now and look into how confident you are with them executing their plans. To me, I still feel they could execute, but I just feel I can't spend much time monitoring the company anymore, hence I decided to pull out. But don't follow me just because I said so.

Regarding comparisons with Tesla, since you already say that HYLN is not expected to hit as high as Tesla, why aren't you going into Tesla? Why limit yourself to a stock which is not expected to go as high? I don't understand your thinking. Is it because you feel that Tesla has less of a probability to hit your expectations? Do you think that the chance of HYLN hitting their targets are higher?

You just have to answer that yourself. Don't just look at the price. Sometimes, it's better to pay more for something that is more likely to happen, than to pay less for something less likely to happen.

"Tesla is too high .. cannot afford that amount now." Too high in what sense? Get rid of the thinking that it's better to own 1000 shares of a mediocre stock than to own 1 share of an amazing stock.

Having said that, I don't know your risk profile, I don't know your financial condition, I don't know your financial goals, so the decision is up to you and always do your own research.
*
Thanks for your advise on the HYLN. Of cos, the final decision is up to me if it worth buying.
I agree with you that it better to buy amazing stock rather than medicore stock, which i am also considering.
IMHO, Tesla is already hitting 600 and i think it is overvalued but i am not disputing it is still an amazing stock to buy if there is adequate extra cash to throw it in.
I truly admired your strategy and your analysis is bearing fruits since you bought them at such a good price.


greyPJ
post Jan 9 2021, 09:03 PM

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QUOTE(KronenZerg @ Dec 7 2020, 01:04 PM)
IMHO, Tesla is already hitting 600 and i think it is overvalued but i am not disputing it is still an amazing stock to buy if there is adequate extra cash to throw it in.
I truly admired your strategy and your analysis is bearing fruits since you bought them at such a good price.
*
if you all in that time at 600, 46% gain as of today 880.


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