I had limit order placed on SHOP at $350 few months back... it didn't fulfill as stock never hit $350, but $352..

On a side note, anyone play corona virus vaccine stocks? last few weeks were all NVAX and today INO is rallying from the news that they received $71M funding from Pentagon.. the market cap literally went up $1B from the news..

Wave 2 happening now in the US as they hit a new peak since April. Here comes the bull trap!

hopefully the drop will keep on going then add a panic sell on Friday ... would be great.

The first wave never ended lol

Not as much volume as I expected today. Went hard into VXX on Tues close and sold early today. Thought the dip was gonna get bought as that shit rallied up around 7am

so far up 90% YTD.. went phama heavy...
some of the gains were
Inovio - avg price at $12, currently hovering $30 after big gains last three days
OPK - in at 1.9, current SP 2.65
MFA - bought at 1.7, sold at 2.8
CHK - bought at 15, sold at 28
AYTU bought at 1.1 sold at 2
CODX bought at 3ish sold at 9ish
SQQQ, TQQQ depending on market trend, traded either side.. made a little profit
shorted few stocks like AC.TO, SHOP.TO, H, CCL and made few bucks

Some of the loss were
TVIX - got burned when it sank to $200 from $700
LK - bought at 2.7, couldn't hold the pressure, god rid of it at 1.8... only to see it go down to 1.3 the next day and right after jumping to $5..
TNXP - in at $1.4.. now .58.. will likely dump it in next few days unless there's reason not to...

so thankful i'm learning investment options in my tfsa in the last month. just transferred in kind from mutual funds to my direct investment account and made $3000 in 2 days as opposed to $8k in my mutual funds in 2 years! lmao. if only i did this sooner....

$3k and $8k means nothing without knowing your overall book value.

You only 'make' that money of you sold it.

What do you mean? Isn't that what we always look at? For example, book cost for my stock yesterday was 15000 and market value is 18000 today. Unrealized gains was $3k. Still new to this so any insight would be great!

I'm hoping I chose a good long-term investment. But despite many of the larger companies dropping this one keeps rising lol. I'll sell the moment it drops to -10% in a day

NOK is cheap enough to get in right now since they’re one of the market leaders in 5G. Especially when people aren't willing to go with Huawei.

What he is saying is this:
If book value is $15,000 and market value is $18,000 ... OK, not bad.
But if book value is $1,000,000 and market value is $1,003,000 ... whippity doo daa.

$3000 could be 20% gain or it can be .3% gain ...

Thanks for the clarification! That makes a lot of sense :) When you guys diversify do you go into other sectors? As in buy into tech, healthcare, airlines etc? Or stick to what you're familiar with?

All these SPAC reminds me of the old dot com gold rush.

There is at least 1bynd wannabe SPAC on each side of the border, along with several TSLA wannabe.

Its crazy how SPAC with companies in infancy and Bankrupted companies are the hottest tickers in the market….

.

Anyone else been playing the federal repo schedule? Everything news wise said we were going to open red this week yet we had a crazy rally. I've stopped trading the news since April since it looks like the market is completely disconnected.

Some tickers are still very news dependent. Like almost all of the airline. BA especially

Anybody got into WKHS.
EV/ alternative energy car company is all hype up now that TSLA is well over $1k
WKHS is a smaller company but it seems to have chance at real world usage/mass adoption with their EV sprinter cargo van.

This is in a market where NKLA can reach 30 bill$ valuation asking for $5k deposit to purchase a truck that they have a CGI rendering of....

To put money into NKLA now really takes some strong faith.

As Musk puts it, anyone can put together a prototype or concept vehicle. The problem is mass manufacturing that concept into production.

And if what's going on with VW's ID3 is any indication, it's just HARD. And if a company with the resources in manufacturing like VW can't quite gets its grip on everything, what makes NKLA, a company who hasn't even shown a working prototype, to be able to pull it off?

My TSLA position just cracked the 400% return threshold today. :fuckthatshit: I think a nice steak dinner is justifiable for tonight even though I'm not selling any share yet.

Anyone's thought about PG&E? It emerged back from bankruptcy today.

I'm looking to start a small position, maybe 1000 shares or so while topping out maybe $30k in total.

Or if anyone can recommend an electricity company, that'd be appreciated.

As I dive deeper into TSLA, I see energy industry as a whole is going to go through some major changes due to the disruption batteries (storage), clean energy (production) and consumer sentiment (demand) would bring. And in the long term, I see many of them would consolidate or be bought out.

EV stocks have rocketed the past month.

WKHS, SOLO, IDEX, etc.

Everyone trying to be the next Tesla.

As much as I don’t like the cult surrounding TSLA and Elon. You are right everybody is just riding TSLA’s success few will make it or even exist in a few Year’s time

NKLA is just shameless from the name to what they are trying to do.

That email rumour surrounding TSLA's possible inclusion into the S&P500 just elevated the evaluation so much more. If Musk thought they were overvalued at just under 1k a share, I wonder what he must be thinking now :lawl:

TSLA 1500 sounds like it's an actual possibility now.

Nothing makes sense.

Markets still record highs
Housing is back to highs, in a bunch of cities across Canada
Heard from a couple buddies, car sales are doing good.

Just keep printing them money machines? Don't get me wrong, I still have a foot in the markets, but just mind boggling - With no Vaccine and flu/cold season coming. Something's got to give - then again, everyone is thinking that

Analyst Price target and upgrades are a joke nowadays. Nothing is based on fundamental, PT gets upgrade because the stock moves, not necessary because it deserves it. Even with TSLA's success, the stock (and many others) are still way way overvalued.

For those of you familiar with options. Look into the theory on how TSLA has been push into its current price in part due to the action on its option chain, retail FOMO and how market makers have to response by buying up share. In term pushing it even higher.

First thing first, I'm not looking to start an argument. Just a good educational discussion. :)

So, can you share why you think TSLA is overvalued? As a shareholder in the long (I'm talking like 5-10yrs holding), I'm genuinely interested in any theory that would fundamentally challenge what Tesla and Musk are doing.

Comparing to legacy automakers, Tesla valuation and its volume sounds a bit absurd. However, when it comes to EV, which is the future of auto industry, like it or not, as many countries/territories are setting deadlines to ban ICE cars outright, Tesla is so far ahead that with all the resources legacy automakers have, they are having problems coming up with a viable competitor.

How many "Tesla Killer" have we already heard? None came close what Tesla is capable of doing (both business and product). You name it, Benz, VAG, BMW, Toyota... etc. The closest competitor to Tesla is Hyundai/Kia. And they never dared to call their product Tesla killer because they know their products are in a different segment.

This to me, it looks like back when the first iPhone was out, and EVERY legacy dumb phone makers failed to adapt. Now they are irrelevant. None of the top 5 phone manufacturers today had any major presence in dumb phone industry and this speaks volume; never take past performance as a future representation. It can offer some guidance on the team's ability to execute, but that ends there.

Thus, I think the fact is that the ICE portion actually became a liability or burden for legacy players instead of an advantage. Their toolings, engineers, and even economies of scale in volume help them very little if any. And the fact that they HAVE to consider both ICE and EV at the same time makes them highly vulnerable to failure when competing with Tesla in EV. I'd go as far as saying I see Rivian, a company that has yet make a single car, as a more valid competitor to Tesla than ANY automakers out there.

And this is before diving into the software part of Tesla as well as the energy, Cybertruck, and all future products.

EV would continue to grow exponentially relative to their ICE counterparts in years to come. And Tesla single handily commands pretty much the entire available battery cell industry. The scale advantage is actually on Tesla side vs. legacy players when it comes to EV.

While I personally think Tesla's current valuation is overpriced, the stock market is forward looking and a lot of it is based on future projections.

I can't see anyone knocking Tesla over in the foreseeable future, and I think that the majority of the public shares similar sentiment.

I mean when you think of electronic vehicles, what company do you think of?

Tesla is easily in the same sentence as Apple, Amazon, Microsoft, etc.