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Old 08-24-2020, 12:25 AM   #1
Hog's Gone Fishin Hog's Gone Fishin is offline
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ARKK is an ETF thats performing well

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Old 08-25-2020, 06:53 PM   #2
Hog's Gone Fishin Hog's Gone Fishin is offline
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Anybody thinking about buying any more Apple or Tesla this week before split?

I bought my daughter a share of Tesla yesterday.
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Old 08-25-2020, 08:36 PM   #3
lewdog lewdog is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Anybody thinking about buying any more Apple or Tesla this week before split?

I bought my daughter a share of Tesla yesterday.
I think last day for Apple to get split was the 24th?
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Old 08-25-2020, 08:52 PM   #4
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Originally Posted by lewdog View Post
I think last day for Apple to get split was the 24th?
Just bought 100 shares of Fleshlight today.
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Old 08-28-2020, 08:20 AM   #5
threebag threebag is offline
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Just bought 100 shares of Fleshlight today.
Hope they clean it out real nice between “shares”
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Old 08-28-2020, 09:04 AM   #6
tatorhog tatorhog is offline
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Just bought 100 shares of Fleshlight today.
is "shares" a noun or a verb in this case?
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Old 08-25-2020, 10:02 PM   #7
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Anybody thinking about buying any more Apple or Tesla this week before split?

I bought my daughter a share of Tesla yesterday.
Opposite, I'm looking to buy if there's a big dip after the split. I think Tesla is overpriced
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Old 08-28-2020, 08:56 AM   #8
Peter Gibbons Peter Gibbons is offline
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Originally Posted by SupDock View Post
Opposite, I'm looking to buy if there's a big dip after the split. I think Tesla is overpriced
I've been thinking a lot about TSLA lately myself because IMO the stock is overpriced (I even worried about that when around 900). However, I have been asking myself why does the market keep buying then? Surely, others must see this too. Here is what I am beginning to think relative to TSLA.

Is it overpriced? Probably
Then why are others buying? Because it is not part of the S&P 500 currently. It it is added (and how can it not be added eventually), funds will be FORCED into buying shares of it to match its value ratio for index funds. This will drive the price even higher.

In short, I think others are predicting this gets added to S&P 500 and there is a lot of short term money to be made by buying.

I could be wrong (obviously), but nothing else makes sense to me.
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Old 08-28-2020, 09:05 AM   #9
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Originally Posted by Peter Gibbons View Post
I've been thinking a lot about TSLA lately myself because IMO the stock is overpriced (I even worried about that when around 900). However, I have been asking myself why does the market keep buying then? Surely, others must see this too. Here is what I am beginning to think relative to TSLA.

Is it overpriced? Probably
Then why are others buying? Because it is not part of the S&P 500 currently. It it is added (and how can it not be added eventually), funds will be FORCED into buying shares of it to match its value ratio for index funds. This will drive the price even higher.

In short, I think others are predicting this gets added to S&P 500 and there is a lot of short term money to be made by buying.

I could be wrong (obviously), but nothing else makes sense to me.
You could be right, but this is also why it is being called a meme stock. I am still hesitant to buy, but I could have made quite a bit of money if I had bought when I was previously thinking about purchasing some of their stock, but was a hesitant for the same reasons

Hard to make sense of it.
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Old 08-25-2020, 07:42 PM   #10
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Old 08-25-2020, 09:19 PM   #11
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Just read the personal investment thread. Everyone is getting mad rich over there.

Seriously though, there's really great information in there at the beginning.
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Old 08-28-2020, 07:18 AM   #12
Hog's Gone Fishin Hog's Gone Fishin is offline
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So Tesla should be at 460 to 500 after the split come Monday

Where do you think those shares will be come Oct 1 ?

There are two catalysts before then

1 Possibly joining the S&P 500
2 Battery Day
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Old 08-28-2020, 07:53 AM   #13
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Old 08-28-2020, 09:19 AM   #14
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Old 08-28-2020, 09:20 AM   #15
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