johnpaulca
12,036 posts
msg #136207
- Ignore johnpaulca |
6/6/2017 8:47:20 AM
"Elon Musk is a certified genius"
I think you meant a certified "marketing" genius
|
johnpaulca
12,036 posts
msg #136208
- Ignore johnpaulca |
6/6/2017 8:53:56 AM
/Cl......$46ish....looking for a bounce at this price
|
pthomas215
1,251 posts
msg #136209
- Ignore pthomas215 |
6/6/2017 9:12:20 AM
JP, he's pretty savvy though in my opinion. didnt he fly to the moon :)
|
johnpaulca
12,036 posts
msg #136210
- Ignore johnpaulca |
6/6/2017 9:25:43 AM
pthomas215
721 posts
msg #136209
- Ignore pthomas215 6/6/2017 9:12:20 AM
JP, he's pretty savvy though in my opinion. didnt he fly to the moon :)
*******************************************************************************************
yes... he did fly to the moon in his virtual solar power Jetson go go gadget rocket.
|
pthomas215
1,251 posts
msg #136211
- Ignore pthomas215 |
6/6/2017 9:57:18 AM
exactly. it would impress george jetson and Elroy. I may be dating myself here.
I believe it is time for natural gas. Looking to get in UGAZ @14.50 on a dip during today's session.
|
gmg733
788 posts
msg #136214
- Ignore gmg733 |
6/6/2017 12:09:01 PM
Elon business model is predicated on tax breaks from the government. Elon just pulled off Trump advisory council due to the Paris agreement. What happens to the tax incentives? :)
I am a Musk fan. I just think the valuation of TSLA are insane. But then again, valuations don't mean crap. Markets are an auction process. I'm just not a buyer.
|
johnpaulca
12,036 posts
msg #136235
- Ignore johnpaulca |
6/7/2017 12:30:59 PM
johnpaulca
10,670 posts
msg #136208 6/6/2017 8:53:56 AM
/Cl......$46ish....looking for a bounce at this price
***************************************************************************************************
$46....I will now wait for a buy signal
|
pthomas215
1,251 posts
msg #136236
- Ignore pthomas215 |
6/7/2017 12:38:36 PM
gmg, you are a smart guy. there are better plays than Tesla.
O at 55.75.
|
pthomas215
1,251 posts
msg #136237
- Ignore pthomas215 |
6/7/2017 12:40:54 PM
GMG: waiting for a big market pull back and then going to take NVDA for the long haul. nothing crazy, just $10K or so.
|
gmg733
788 posts
msg #136242
- Ignore gmg733 |
6/7/2017 3:06:25 PM
@pthomas..
I don't play too many stocks anymore. And when I do I feel I'm constantly adjusting them (options account). For instance right now I have 5 positions in stocks. All are red right now except one.
I have 15 positions in ETFs most of which are green, few laggards. What I've learned for a short delta, short vega, short gamma, long theta portfolio you can make great bank on ETF vol mean reversion. When I get into adding some stocks here and there I find myself having to adjust deltas or adjusting the trade to scratch. The only issue is I have to maintain some short delta to offset my short vega. Well its been hard to be short the market so I've been shorting weak stocks. But then you run into take out risk.
In hind sight (I know I know) I should have simply bought AMZN, FB, MSFT, TSLA, REGN and walked away. The only play in these is short calls but every day they go up and up. Insane.
Can't win. That's why its trading. :) I'm having a great year. Just giving a little back lately. Only the market goes up an up. :) Not my P/L. I'm laid out at about 50% of my net liq in my options account. I'd like to see some stuff come in soon. Theta is 165 which is plenty healthy.
|