5:1 Tesla stock split

[Mudduck]

All my TSLA in IRA, so no taxes until withdrawal....

Ditto

 

[Dids]

Unloaded all my TSLA positions last Friday, will pick them back up at the bottom of the escalator.

Hope you picked them up before today

 

[FutureBoy]

Hope you picked them up before today

So much less stress to just buy and hold. I wonder how the extra profit proclaimed will compare to the lost revenue over night tonight.

 

[MEDICALJMP]

So how are you feeling now that Tesla is being added to the S&P 500? Don’t believe you are going to see that drop in price you were expecting. Instead price should continue up.

 

[Dids]

So much less stress to just buy and hold. I wonder how the extra profit proclaimed will compare to the lost revenue over night tonight.

They say the investors that have the highest returns buy and then forget they have the account.

 

[FutureBoy]

They say the investors that have the highest returns buy and then forget they have the account.

That’s basically what I do. Every once in a while (like over 1 year apart or more) I remember that I have an account and go check it. Happily, last time I checked it turned out that I had bought some Tesla shares clear back before the split at $165. I didn’t even know I had it. But that had turned out so well that I doubled my buy just before the stock split. Now I just sit around here dreaming of my CT because there is a good chance that my Tesla shares will cover my CT completely. Of course if things are still going well I might just have to find some other cash do I don’t have to sell my Tesla shares. We’ll see how it goes.

 

[Sirfun]

Wow the price JUMPED after hours. So the question is with this news, do you think the stock will go below tomorrows price. If not, then there's no time like the present. Here's this evening's stock graph.

 

[ReddykwRun]

Please see No. 53. Apparently it is not widely understood that hopping off and back on is not a good move because of taxes. The example numbers in #53 show that it is better to stay on and use what you would have to pay in taxes to buy more shares.

Had an interesting Space Walk, mission complete, now safely back on board and the hatch is secure.

 

[ReddykwRun]

So how are you feeling now that Tesla is being added to the S&P 500? Don’t believe you are going to see that drop in price you were expecting. Instead price should continue up.

It was profitable. Mission Complete. Added shares, heck what do I know I am just a novice but my share count went up this morning silly me. It's all fun and games anyway.

 

[Crissa]

It was profitable. Mission Complete. Added shares, heck what do I know I am just a novice but my share count went up this morning silly me. It's all fun and games anyway.

Well, take the luck when you got it, I suppose.

-Crissa

 

[FutureBoy]

Well, take the luck when you got it, I suppose.

-Crissa

Just don’t let it go to your head cause luck goes both ways.

 

[ajdelange]

Wow the price JUMPED after hours. So the question is with this news, do you think the stock will go below tomorrows price.

What will probably happen is that the price will stay high until the index funds are bought in and then return to "normal".

 

[Red61224]

That makes it a little harder to decide whether the best option is to sell and buy back or just buy more shares when the price goes down. It depends on what it goes down to and how much you think it will go up. You'll probably have to run some Monte Carlos.

The big deal for those of us with IRAs is that we pay straight income rates on long term capital gains and have RMD's to worry about. I don't use the strategy I recommended in my IRA.

I'm onboard with the roller coaster ride but then I play will lizards and rattlesnakes for a good time if I get board. Say's a lot about my attention span I guess. Hey, I still have all my fingers.

 

[DIYDharma]

$TSLA closed at 570+ today - great news. I can cash in now, get my investment back, pay cap gains tax and still have money left over for a CT, so basically a free CT. However, with recent price target upgrades, more Space X missions, Germany expansion, and beating Chinese vehicles in China, not to mention an EV echo system of insurance and self driving business models, the stock, IMHO, will hit 80+ by end of next year. Now we'll have to see if Rivian or Hummer (LOL) or Fisker (LOL) will take its market share. The F150 EV is something to watch out for.

 

[ReddykwRun]

So how are you feeling now that Tesla is being added to the S&P 500? Don’t believe you are going to see that drop in price you were expecting. Instead price should continue up.

Just had another Space Walk on a sharp peak and sold then gaged the dip and bought it back at a lower price per share and added to the holdings. Still have all my change in the Piggy Bank and then some. Cheap thrills at my age and I don't have to worry about getting arrested.