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SOOPOO
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October 28th, 2021 at 5:53:10 AM permalink
Quote: TDVegas

Quote: SOOPOO

Quote: TDVegas

Quote: SOOPOO

MDawg has admitted multiple times that if a short term trade would have resulted in a loss, he has just waited for the stock to rebound. Since he has only mentioned a few of the industry bellwethers, his claims are quite reasonable.

I on the other hand, have a few of these trades which are still underwater, and might never ‘surface’ again! (NAK, NBEV, TRIP) as examples. But I have not sold any of these trades at a loss….
link to original post


Well, then it’s not really a trade. It’s a buy and hold.

So if he “traded” on AMZN at $3,700 in July and it retreats after he “trades” it and it doesn’t get above his buy price (it hasn’t)…then he just holds the “trade” until it eventually gets above his $3,700 buy price?

What on earth?

That really isn’t what I would call trading, that’s investing and just hoping the continued buy “trades” surpass where he bought it at $3,700 or $3,600 or $3,500 (current $3,392). So be it. I still dispute the idea his trades are always cashed out higher. That may be true at some point, but that’s kind of ridiculous to assert every trade or investment turns green. What about all his AMZN trades at $3,700, $3,650, $3,500, $3,450? They are all in the red..on paper. Or is the claim, every single one of those long trades rose above his buy price?

Typically when some says they “trade” stocks and “invest” in stocks as he says he does…there IS a difference. Trading stock generally implies quick transactions looking for intraday pop or drop. I guess it could be extended to days, but it’s different than investing and holding for months or years. Is he putting both trade and invest in the same bucket?

My point stands. EVERY one of his “trades” eventually turns green or he just holds them until they do, but in the meantime anything bought and held and in the red isn’t listed as a trade…it’s simply listed as a long position until such time as it does turn green??? LOL.

Sounds like he’s intermixing terminology to suit his claims. Trades that turn green are trades, trades that turn red are “converted” to long positions until such time they turn green. (If they turn green).

Convenient.
link to original post



I’d say your analysis is correct. But so what? If he hasn’t hit an industry leader that went kabloey like Enron, then whatever you want to call it, he has always succeeded. My 3 whiffs have turned into ‘long term holds’. Not that I wanted them to!

As best I can tell, at present he doesn’t have a ‘trade’ that is underwater at present. Frankly, if you have millions of dollars available to trade, and sit for months if necessary, what he has done is not remarkable.

I just made $300 tying up $10k on DKNG. The money was literally tied up less than 24 hours. Add a zero to tie up $100k and I would have pocketed $3k.
link to original post


Just clarifying, that’s all.

Buy trades that are underwater are not sold and are simply buried (added) into the long held shares.

Buy trades that go up and sold intraday are said to be winning trades.

In effect, no trade that is effectively in the red is disclosed as such. It’s just that those shares are added to a long position.

As I said, a convenient or sneaky way of saying “I never lose on a trade”…because the losing trades are not sold but are simply “converted” into a long position, averaging down overall paper profit, if any. Success by omission. Wonderful. No wonder he plays “winning” baccarat.

“Don’t bull**** a bull*******.
-Walter White
https://youtu.be/rzQklxO9UJI

What makes you think none of his trades is currently underwater?
link to original post



I have no real way to tell if MDawg is fabricating. But I’m just saying if he has limited himself to trading a few stocks like AMZN and TSLA etc. that his claim of no losing trade is reasonable.

I DO report my trades that are underwater, and have waited out a bunch to a profit. When I figure out ‘how I’m doing’, I count those still underwater as losses of course.

I understand your hesitancy to believe MDawg because of the easy disbelief of the absurd baccarat claims, the 60 win in a row claim, etc…. I’m just saying, TAKEN ON ITS OWN, his stock claims are reasonable.
MDawg
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October 28th, 2021 at 6:49:16 AM permalink
SooPoo, you've done what I do, with stocks that I trade, such as TSLA. My timing is better than yours, and in fact on a couple of your TSLA entry points for that particular day I pointed out if you recall why I wasn't in favor of that particular entry point, and in general my timing might be better because I've been doing this for years and honed my skills, but even with not perfect timing you've still always ended up making money trading the stocks I have suggested.

In general, people who don't think something is possible have either failed at it or have never tried it. You tried it, and it has worked for you. Keep at it!
Last edited by: MDawg on Oct 28, 2021
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MDawg
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October 28th, 2021 at 7:02:27 AM permalink
In general, I am a dip buyer. On days like today when TSLA is already green 20 or so points, if it keeps with that, I don't feel much of an incentive to trade because my long term TSLA is already going up. I make a similar analysis with regards to some of the other stocks that I hold long term on which I trade additional shares - if they are already up, I generally do not trade them that day.

AMZN has been iffy lately since its last earnings which is why I didn't jump all over its dips, otherwise I would have been posting about all that. Plus, in general I just have been a little too busy between life, work and casino play, to trade as much as I have in the past.
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TDVegas
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October 28th, 2021 at 7:31:04 AM permalink
Quote: OnceDear

It's convenient that he reports and dare I say boasts about every quick hit and run winning trade, but just waits out and does not report on deals where he gets stuck for a while. He occasionally averages down, which I rag him about as Martingale for investors. Don't worry, he has a put down answer for me when i do $:o)

It's selective reporting, pure and simple. Hit and run: Report the successes. Every egg a bird!


Yep. That’s all I was trying to clarify. Selective reporting. It draws the curtain. OZ is actually a little, older, fat guy. ;-)
MDawg
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October 28th, 2021 at 7:40:04 AM permalink
If it makes you feel better, believe that. If you want to accept the truth, accept that other than a couple of shorts I closed out too soon that would've been profitable too, it has been years since I have booked any losses.

Meantime, BTC is back over 60K! Haven't sold any of that at a loss either. Haven't sold any of that - period! actually. OnceDear did I or did I not advise everyone to hodl that and not worry about the drop to 30K? and that with patience we would get to 100K. Did you follow my advice? NO. How did that work out for you? In short, you could do a lot worse than following the advice of MDawg.
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TDVegas
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October 28th, 2021 at 7:40:56 AM permalink
Quote: MDawg

In general, I am a dip buyer.


Don’t really care if you’re a dip buyer or a strength shorter. My point was clarified. Not by you. By me. Any trade that you make that goes further red…nothing is said about those losing trades. You merely add that trade to your overall shares. It just averages down your long position to less of overall gain.

As noted by not only me…it’s selective “boasting”, in effect. Carry on.
TDVegas
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October 28th, 2021 at 7:43:16 AM permalink
Quote: MDawg

If it makes you feel better, believe that.


Has nothing to do with belief or not belief. This is what you do. YOU admitted day trades that are in the crapper are converted into long shares and just held.
MDawg
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October 28th, 2021 at 7:56:12 AM permalink
Quote: TDVegas

Quote: MDawg

In general, I am a dip buyer.


Don’t really care if you’re a dip buyer or a strength shorter. My point was clarified. Not by you. By me. Any trade that you make that goes further red…nothing is said about those losing trades. You merely add that trade to your overall shares. It just averages down your long position to less of overall gain.

As noted by not only me…it’s selective “boasting”, in effect. Carry on.
link to original post


That is incorrect, or at best, an effort to stick a square peg into a round hole, no? Any trade that I make that ends up in the red (that day) I eventually sell at a profit. It remains a trade, just becomes a swing trade versus a day trade. It is not simply added to my long term shares to hold forever.

Long term for me - is years and years. The longest I have ever had to hold a day trade until it came back was a few months, and that is very very rare. Almost all of my day trades end up profitable the same day. Very very occasionally I have to hold until the next day. Even less occasionally for a few days.
As you know, in this market, two weeks is sometimes an eternity. Mountains are often moved in this market over two week periods. And that sort of action has been the norm for many years now.
Last edited by: MDawg on Oct 28, 2021
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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October 28th, 2021 at 8:00:28 AM permalink
What's a more interesting analysis is what TumblingBones is getting at. Would I have made more money trading, or simply buying up more shares of whatever stocks I trade and holding long term along with the existing long terms.

Honestly, I'd have to say that at least over the very long term, I would have been better off just buying as much AMZN, TSLA, NFLX, CMG, GOOG/L etc. as I could afford, versus holding some and trading some.

For example, with AAPL, which I have held long term for some fifteen years now, I have almost never traded additional shares. Just bought some more along the way, and that has done extremely well.
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TDVegas
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October 28th, 2021 at 8:17:20 AM permalink
Again, if you make 10 purchases of stock on a certain day and 5 go up, you immediately come in here, list the 5 trades for your buy and sell price and declare “5 for 5 today”.

If the other 5 remain in the red that day…you say nothing about those 5 day trades “currently in the red”.

It’s selective, pure and simple. I also dispute in total that all of them “come around”.
MDawg
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October 28th, 2021 at 8:22:14 AM permalink
That's not true.

As far as posting in here, for a period of time, I posted all of my trades, every single one, along with the screenshots of the trade confirmations.

Then for a period of time I posted every single trade, but declared that I didn't have time to post the screen shots for each one, but if anyone wanted to see a screen shot I would provide it.

(Yes if you look through those periods I definitely posted about trades I got stuck in past that day.)

And then, for a period of time I declared that I simply wasn't going to post my trades at all, because it was just getting to be too much work. That's pretty much the period we have been in for a little while now.

So if you're talking about any period when I was even posting trades regularly, all of them were posted here. All as in - every trade I made during that period. I also had a challenge with AxelWolf over if he could pull any set of trades I posted and not be able to verify them as genuine through any verification method he proposed, I would give him hundreds of thousands in bitcoin. His response more or less was that he was "concerned" 😂 that the trades were not mine, but made by me on behalf of someone else (as if that had anything to do with their being genuine). I suppose I should have been flattered that he figured that the trades were so good that I must have been doing them for someone else.
Last edited by: MDawg on Oct 28, 2021
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TDVegas
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MDawg
October 28th, 2021 at 8:52:25 AM permalink
Quote: MDawg

That's not true.

As far as posting in here, for a period of time, I posted all of my trades, every single one, along with the screenshots of the trade confirmations.

Then for a period of time I posted every single trade, but declared that I didn't have time to post the screen shots for each one, but if anyone wanted to see a screen shot I would provide it.

(Yes if you look through those periods I definitely posted about trades I got stuck in past that day.)

And then, for a period of time I declared that I simply wasn't going to post my trades at all, because it was just getting to be too much work. That's pretty much the period we have been in for a little while now.

So if you're talking about any period when I was even posting trades regularly, all of them were posted here. All as in - every trade I made during that period. I also had a challenge with AxelWolf over if he could pull any set of trades I posted and not be able to verify them as genuine through any verification method he proposed, I would give him hundreds of thousands in bitcoin. His response more or less was that he was "concerned" 😂 that the trades were not mine, but made by me on behalf of someone else (as if that had anything to do with their being genuine). I suppose I should have been flattered that he figured that the trades were so good that I must have been doing them for someone else.
link to original post


Right, the ones you post. My belief is you aren’t posting all the losing ones. It’s called transparency. Without using a word that would get me suspended, as it relates to your stock prowess or baccarat prowess or other exploits of yours…no, I don’t believe you post your exploits in full disclosure mode.

Again, this is my problem. Not yours. You may not like my beliefs. Que sera, sera.

Look, I get it. You like talking yourself up. Leave it at that.
MDawg
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October 28th, 2021 at 8:58:08 AM permalink
Meantime, back at the ranch - TSLA kept g-g-g-going.



I did state categorically that TSLA would rise straight from 800 to 900. Its swift rise from 900 to 1000 surprised even me though.
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TDVegas
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October 28th, 2021 at 9:05:29 AM permalink
TSLA continues to run.

I put Musk in with Steve Jobs. Tremendous innovator. Keeps it simple. Few vehicles. No dealerships, per se. You order your car online. Select options. Pay.

No shyster car salesmen, no shyster business offices trying to coax you into extended warranties, no bait and switches or car salesmen games of waiting out your patience, etc, etc. The experience of buying a Tesla is on your terms, your time. All car sales should be conducted like Tesla.

Plus, I think they are the best looking electric vehicles on the road. I own some shares. I’ll leave it at that.
MDawg
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October 28th, 2021 at 9:10:34 AM permalink
As heavily invested as I am IN TSLA, we still don't own one. My wife mentions it occasionally, but I'm waiting until a 500 mile electric car comes available.

In the meantime, she wanted one of these.

but it seems like more of a toy to drive around the neighborhood and right back home, or tow to the desert for (brief) off roading fun? Seems like it might blow leaves debris dust all over the place and annoy people though if used in a residential setting.

I believe it has a twenty minute charged life.
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MDawg
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October 28th, 2021 at 8:22:11 PM permalink
Neither AAPL nor AMZN did well this evening. AMZN I have shied away from trading lately anyway, so, it didn't really matter too me much other than yet another downward blip on the long term horizon for my long term shares.

AAPL, I figured would do better, but, again, just another long term blip for my AAPL shares, and as that Hank Williams, Sr. song goes....


BTW, this and only this is the version to which to listen.
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darkoz
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October 28th, 2021 at 10:03:38 PM permalink
Quote: TDVegas

Quote: OnceDear

It's convenient that he reports and dare I say boasts about every quick hit and run winning trade, but just waits out and does not report on deals where he gets stuck for a while. He occasionally averages down, which I rag him about as Martingale for investors. Don't worry, he has a put down answer for me when i do $:o)

It's selective reporting, pure and simple. Hit and run: Report the successes. Every egg a bird!


Yep. That’s all I was trying to clarify. Selective reporting. It draws the curtain. OZ is actually a little, older, fat guy. ;-)
link to original post




Hey, hey, hey. Remember, some of us little, older, fat guys are named Oz!
For Whom the bus tolls; The bus tolls for thee
TDVegas
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October 29th, 2021 at 9:14:58 AM permalink
TSLA keeps hitting new highs. Voracious buying at times. Who knows…Musk may become a trillionaire before we know it. Apple looks DOA. Can’t survive on Steve Jobs legacy forever. Where is the innovation, Apple? A watch in the past 10 years. That’s it. Jobs would have had 2-3 new, big products in development.
TDVegas
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October 29th, 2021 at 9:15:40 AM permalink
Quote: darkoz

Quote: TDVegas

Quote: OnceDear

It's convenient that he reports and dare I say boasts about every quick hit and run winning trade, but just waits out and does not report on deals where he gets stuck for a while. He occasionally averages down, which I rag him about as Martingale for investors. Don't worry, he has a put down answer for me when i do $:o)

It's selective reporting, pure and simple. Hit and run: Report the successes. Every egg a bird!


Yep. That’s all I was trying to clarify. Selective reporting. It draws the curtain. OZ is actually a little, older, fat guy. ;-)
link to original post




Hey, hey, hey. Remember, some of us little, older, fat guys are named Oz!
link to original post


No offense intended. I must watch myself. ;-)
MDawg
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October 29th, 2021 at 9:22:17 AM permalink
AMZN dropping twice in a row is unusual too.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
TDVegas
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October 29th, 2021 at 9:38:09 AM permalink
Never discount the impact of the founder deciding to go off and play George Jetson.
MDawg
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October 29th, 2021 at 9:47:33 AM permalink
As far as AAPL there was a period some five years ago where everyone was saying that it was finished, and yet, look how well the stock has done since then.

I buy only Apple products (MBP, iMac, iPhone, iPad, iWatch, etc.), almost no PC, and I am sure there are others like me too.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
TDVegas
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November 1st, 2021 at 8:28:45 AM permalink
See if it holds, another $50 billion in market cap added to Tesla. Just unreal as other tech drops.
SOOPOO
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November 1st, 2021 at 8:40:31 AM permalink
Quote: TDVegas

See if it holds, another $50 billion in market cap added to Tesla. Just unreal as other tech drops.
link to original post

. 1160 I think. If it hits 1500 wifey gets another extravagance. COIN 335. I know it’s only plus total $50 for me, but it feels good!
DRich
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November 1st, 2021 at 8:52:27 AM permalink
Quote: SOOPOO

Quote: TDVegas

See if it holds, another $50 billion in market cap added to Tesla. Just unreal as other tech drops.
link to original post

. 1160 I think. If it hits 1500 wifey gets another extravagance. COIN 335. I know it’s only plus total $50 for me, but it feels good!
link to original post



My wife envy's your wife.
At my age, a "Life In Prison" sentence is not much of a deterrent.
TDVegas
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November 1st, 2021 at 9:14:23 AM permalink
If it wasn’t for that garbage head Jim Chanos, I would have owned more earlier. The first time I took a look at the company, the stock was at $36…pre 5 for 1 split. What’s that now…$5,700 stock price.

Chanos and other short big wigs with their constant bashing of the company and stock turned me off. They had access to CNBC and any other channel to bash their short positions, almost daily…and it worked, for a while. They’ve all since been obliterated, but I didn’t jump in early enough nor big enough.

Congrats to those who bought a lot early in the game.

5…4….3…2…1….
MDawg
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November 1st, 2021 at 9:17:58 AM permalink
As with most stocks, they don't go straight up. There was a lot of up and down along the way, but once I was in the money solidly, I just held. It's a lot easier to just keep holding once you're ahead enough.

I should have been trading additional shares of TSLA more too lately, but I haven't had time, plus in general when my long terms rise up green anyway I lay off on trading more shares of them.
Last edited by: MDawg on Nov 1, 2021
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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November 1st, 2021 at 1:28:56 PM permalink
SooPoo, you mentioned covered calls. These are an old school way to make money on a stock that either (1) you are intending to sell at a given price, or (2) doesn't move up much (cyclical) or isn't expected to rise up much right away. It would not be the way to go with something like TSLA which is on a tear, where you might simply get bought out of your position for a bowl for cold porridge.

EXample:

1) You're holding a stock that you are fine with selling at 1000, and it is now at 950. By all means, then, sell a covered call on it with a strike price at 1000. If it gets to 1000 before the call expires you're bought out of your position, plus you earn the premium on the call you sold, and you were fine with selling it at 1000 anyway.

2) You're holding a stock that you do not want to sell. The stock cycles between two ranges and you're pretty certain won't go above a certain price, say, 1000, OR you're holding a stock that may well rise above 1000, but, you're pretty certain will not rise above 1000 before the call expiration date. So you sell the call and pocket the premium, and expect or at least hope that you will not be taken out.

With (2) you may rinse, repeat, including by changing (typically, raising) the strike price, but eventually, you might miscalculate and get taken out if the stock rises faster than expected.

For the most part, any broker I meet who starts extolling the virtues of covered calls is probably an old school broker and not so hip on the market of these days, or just trying to catch the ear with some kind of "I know something I hope you don't" information intended to get your account over to him.
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TumblingBones
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November 1st, 2021 at 2:06:08 PM permalink
MDawg: your assessment of the pros and cons of covered calls is incomplete, at least in how it applies to SooPoo's's situation. As I recall he stated at some point that he is trading from his retirement account which makes a huge difference. With scenario #2 if the call is exercised he can simply buy back, possibly for less then what he made from the trade. Even if there was a sudden jump of the stock to a new plateau (e.g., it jumped from trading in the 900 to 1000 range to the 1010 to 1025 range) he could buy back at 1010. Sure he missed out on $10/per share potential profit but it's all a bet anyways. On the other hand, if he was trading in a non-IRA accnt the risk of selling covered calls climbs due to the potential for a big capital gains hit

If anyone is serious about plying with options I recommend picking up a copy of "Option Volatility & Pricing" by Natenberg.
My goal of being well informed conflicts with my goal of remaining sane.
MDawg
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November 1st, 2021 at 2:55:25 PM permalink
Somewhat. I’d rather pay more taxes on a bigger gain than no or less taxes on a loss or smaller gain. In SooPoo’s case if he makes less money on the call and getting taken out too soon versus having just held and sold at a higher price for an over all higher profit then what difference do taxes deferred make?

My primary motivation is maximizing profit.

I stand by that covered calls are for situations where you either expect or don't mind to be taken out, or do not wish and do expect to be taken out.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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November 2nd, 2021 at 8:03:18 AM permalink
It was inevitable that some "bad" news would disrupt the TSLA rally, but ironic that it came via an Elon tweet. Then again, Elon doesn't care about money, is apparently borderline autistic and is known for posting whatever is on his mind, whether it helps or hurts his company or holdings.

TSLA opened way down, but is making a comeback right now.

The gist of Elon's tweet was that TSLA makes more cars than it is able to sell anyway, so the Hertz deal, which is not even inked yet, doesn't affect our bottom line one way or another. Looking deeper though, if over all demand is higher than production capability including by 100K cars a year for Hertz, then TSLA will need to ramp up and expand which is a good prognosis for the future. That is probably why TSLA moved up, not further down, at the bell.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
TDVegas
TDVegas
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November 2nd, 2021 at 11:06:58 AM permalink
Hertz has already stated it’s receiving Teslas. Musk has stated from the very beginning that there is way more demand than supply. I’m not even sure why they would need a contract if Hertz is buying the cars in the exact same way the regular consumer is buying.

No discount. No preference. He’s not moving Hertz to the front of the line.
MDawg
MDawg
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November 2nd, 2021 at 11:19:00 AM permalink
True, if Elon is to taken at his word, the "contract" would help TSLA only and not Hertz, as it would be something along the lines of a unilateral offer to buy 100K cars a year at full price. How could TSLA even accept such an offer if it can't commit to supplying them? And why would Hertz make such an offer if it is for full price and with no requirement of commitment to deliver from TSLA?

I think in the end some kind of deal will end up inked where TSLA at least commits to supplying a certain amount of cars to Hertz, possibly even at a discount. Elon is known for tweeting out of turn and later backpedaling.

In any case, as the day is wearing on TSLA has moved closer to the low of the opening bell.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
TDVegas
TDVegas
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November 2nd, 2021 at 11:23:22 AM permalink
It will probably be down $25 or $60. Anybodys guess by close. It’s been sticking in the $42-$47 range now.
SOOPOO
SOOPOO
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TDVegas
November 2nd, 2021 at 11:42:45 AM permalink
Quote: TDVegas

It will probably be down $25 or $60. Anybodys guess by close. It’s been sticking in the $42-$47 range now.
link to original post



I know it is down from yesterday, but I look at it as TSLA is in the process of being revalued in the wake of the good news. 1200 was likely an overshoot. Where it finishes after the few high volatility days will turn into its ‘new normal’. Maybe 1050? Who knows?
TDVegas
TDVegas
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November 2nd, 2021 at 4:33:39 PM permalink
Quote: SOOPOO

Quote: TDVegas

It will probably be down $25 or $60. Anybodys guess by close. It’s been sticking in the $42-$47 range now.
link to original post



I know it is down from yesterday, but I look at it as TSLA is in the process of being revalued in the wake of the good news. 1200 was likely an overshoot. Where it finishes after the few high volatility days will turn into its ‘new normal’. Maybe 1050? Who knows?
link to original post


Maybe. Impossible to predict. This recent run came out of nowhere. Earnings were good. Hertz added $100. Charging stations open to all added $90. Musk tweeting dropped it $50.

This stock is a bucking bronco. It tried to come back today. Was down $20 about 20 minutes before close. Dropped another $17 until close.

I like the product. I like the set up for buying (online). I think it’s a great looking vehicle. They are doing what Steve Jobs professed in business. Keep it simple, don’t overload yourself with a lot of products done ok. Overload yourself with few products done great.

I confess, I have no idea where it goes from here….but I like UP.
DRich
DRich
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November 2nd, 2021 at 6:42:05 PM permalink
Quote: TDVegas



I confess, I have no idea where it goes from here….but I like UP.
link to original post



I don't disagree with you but they are now worth almost as much as all of the other car manufacturers combined.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
MDawg
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November 2nd, 2021 at 8:50:28 PM permalink
Every now and then a stock ends up like that, valued at more than all of its competition combined, and sometimes, it just keeps going up from there!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
TDVegas
TDVegas
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November 3rd, 2021 at 12:48:24 PM permalink
10 minutes before close. Nearly gained back all of yesterdays loss. Volatile. Just very volatile.
TDVegas
TDVegas
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November 3rd, 2021 at 1:38:29 PM permalink
Quote: DRich

Quote: TDVegas



I confess, I have no idea where it goes from here….but I like UP.
link to original post



I don't disagree with you but they are now worth almost as much as all of the other car manufacturers combined.
link to original post


Yes, but TSLA is considered by some to be a technology company as well. Their self driving software, battery technology, possibly delving into trucking industry with electric semi’s gives them a little bit more than “car company”.

Many short investors have gotten utterly burned by saying “it’s just a car company”.

Famed short seller Jim Chanos called the company worthless. No value. Stock should be zero. His maximum short position was long ago liquidated with possible billions in losses. Einhorn. Same.

I don’t know what the value should be…but it’s not just “sell car, revenue, profit”.
DRich
DRich
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November 3rd, 2021 at 1:44:52 PM permalink
Quote: TDVegas

Quote: DRich

Quote: TDVegas



I confess, I have no idea where it goes from here….but I like UP.
link to original post



I don't disagree with you but they are now worth almost as much as all of the other car manufacturers combined.
link to original post


Yes, but TSLA is considered by some to be a technology company as well. Their self driving software, battery technology, possibly delving into trucking industry with electric semi’s gives them a little bit more than “car company”.

Many short investors have gotten utterly burned by saying “it’s just a car company”.

Famed short seller Jim Chanos called the company worthless. No value. Stock should be zero. His maximum short position was long ago liquidated with possible billions in losses. Einhorn. Same.

I don’t know what the value should be…but it’s not just “sell car, revenue, profit”.
link to original post



I agree, I am just surprised it is valued at more than all the auto manufacturers combined.
At my age, a "Life In Prison" sentence is not much of a deterrent.
TDVegas
TDVegas
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November 3rd, 2021 at 4:53:03 PM permalink
Quote: DRich

Quote: TDVegas

Quote: DRich

Quote: TDVegas



I confess, I have no idea where it goes from here….but I like UP.
link to original post



I don't disagree with you but they are now worth almost as much as all of the other car manufacturers combined.
link to original post


Yes, but TSLA is considered by some to be a technology company as well. Their self driving software, battery technology, possibly delving into trucking industry with electric semi’s gives them a little bit more than “car company”.

Many short investors have gotten utterly burned by saying “it’s just a car company”.

Famed short seller Jim Chanos called the company worthless. No value. Stock should be zero. His maximum short position was long ago liquidated with possible billions in losses. Einhorn. Same.

I don’t know what the value should be…but it’s not just “sell car, revenue, profit”.
link to original post



I agree, I am just surprised it is valued at more than all the auto manufacturers combined.
link to original post


Yes. Optimism likely plays a role. This “car” company was out front on electric car technology. The room to grow is seemingly limitless. I presume at some point gas vehicles go the way of the VCR.

I see more Teslas on the road today like I’ve never seen before.
DRich
DRich
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November 3rd, 2021 at 4:56:59 PM permalink
Quote: TDVegas



I see more Teslas on the road today like I’ve never seen before.
link to original post



I am shocked how many Tesla's I see every day. I would guess close to 20 each day just driving to work and home.
At my age, a "Life In Prison" sentence is not much of a deterrent.
TDVegas
TDVegas
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November 3rd, 2021 at 5:31:32 PM permalink
Quote: DRich

Quote: TDVegas



I see more Teslas on the road today like I’ve never seen before.
link to original post



I am shocked how many Tesla's I see every day. I would guess close to 20 each day just driving to work and home.
link to original post


Maybe 2 years ago I would see 1 or 2 per day. Now I see 10x that, daily.
MDawg
MDawg
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November 4th, 2021 at 9:46:12 AM permalink
TSLA going, still! Nicely.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
TDVegas
TDVegas
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November 7th, 2021 at 7:57:35 AM permalink
Quote: MDawg

TSLA going, still! Nicely.
link to original post


My guess is he tanked the stock for Monday by going on Twitter this weekend and announcing he will sell 10% of his TSLA shares if his “Twitter poll” supports selling. Right now about 57% to 43%…sell.

This guy is a cowboy, reckless at times with his words. If he wants to sell, sell. He creates hysteria with his tweets.

https://twitter.com/elonmusk/status/1457064697782489088?s=21
MDawg
MDawg
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November 9th, 2021 at 9:49:45 AM permalink
TSLA has a bit of timberrrrrr! action going again. Down over a hundred today.

BTC pushing to new heights though.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
DRich
DRich
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November 9th, 2021 at 9:59:40 AM permalink
Quote: MDawg

TSLA has a bit of timberrrrrr! action going again. Down over a hundred today.

BTC pushing to new heights though.
link to original post



That what happens when Musk announces that he is selling $20 billion worth of stock..
At my age, a "Life In Prison" sentence is not much of a deterrent.
TDVegas
TDVegas
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November 9th, 2021 at 11:44:43 AM permalink
Quote: DRich

Quote: MDawg

TSLA has a bit of timberrrrrr! action going again. Down over a hundred today.

BTC pushing to new heights though.
link to original post



That what happens when Musk announces that he is selling $20 billion worth of stock..
link to original post


Never underestimate the stupid moves from Elon as it relates to his mouth.

Dude could have said nothing and just did a planned sale over the course of a year.

He needed to do a Twitter poll…and mind you if the poll was should he strap himself to one of his rockets and blast off, the vote would have been yes.
MDawg
MDawg
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November 9th, 2021 at 11:47:10 AM permalink
Elon doesn't care about money. Lives in a 375 sq. ft. prefab. and has declared that he will sell or give away all material possessions.

In some respects, he's not that far from the RainMan, remember, "he doesn't understand the concept of money."
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
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