In this week market, any company, doing fundamentally good, dipped high, better to buy like AYX, TDOC, OKTA, SQ, ADBE, ISRG, NVDA, VEEV, SIRI, V, MDB, MSFT, TSLA, TEVA . Most likely, if market dips tomorrow, I will be buying these stocks. This is the time to buy as market has come down so much. I was actually waiting for such opportunity and took as much as possible.
How come I buy so few? => Because, you are swayed by many people against TSLA.
This company has 62% institution, 20% Elon, 5% Saudi’s, balance 13 percent holding people like you, me, WQJ and lot of shorter 25%. All shorter’s are borrowing from us and bound to go up eventually.
At least , now, do not sell it, buy and hold like AAPL, as you will see lot of good futures for TSLA. The company is fundamentally turning around.
This is basically good stock like TSLA = TEVA minus Warren Buffet. Wait for results announcement and , IMO, you will see the magic of fundamental change.
You are, at least, lucky to get some now as he was keeping to low GTC order. I kept two orders, one for $255 and another one for 250, but the second one did not get through.
Finally, I made it market order that I got it for $253.
It is really hard to get TSLA at low level.
Many sees TSLA volatility and preach it will come back again. May be, easier to tell the concept than really buy it at that price and make it happen.
They are all going to regret after 30 -45 days when TSLA starts going up again. Same is the case for TEVA.
As I repeated many times here, this is the period of thanksgiving sales of stock, and investors must be buying spree.