I just sold $48,000 worth of Apple Stock (which should eventually hit $630 by September or October of this year) and bout like 650 shares of TSLA at $73.50 a share 10 minutes ago.
Can I turn a quick profit of $7 or $8 a share by this coming Tuesday (when my trade settles and I can sell this stock for profit?)
Was this a good move I made for a quick gain before I buy back into Apple inc. again?
did you even read the 8-k report intensively before doing this?
this is how they "Booked a profit"
(2) Other income, net, for the three months ended March 31, 2013 includes the gain from the elimination of the $10.7 million DoE common stock warrant liability and a $6.4 million favorable foreign currency exchange impact.
they haven't made a positive income from the main aspect of the business yet :/
Loss from operations (5,584)
then (2) 17,091
When they book a true profit then we can see a good direction, but this company is piling up huge debt.
Telsla's growth is limited by the number of cars they can pump out of the factory!!! No comparison to how Apple is going to smash the TV market with it's revolutionary TV like they did with the iphone to the phone market.
I think that was a bone headed move. If you seriously wanted to gamble like that, you should have just bought $5K worth of Telsa Options and risked about the same and ended up with about 1000% gain in about 3 months if Tesla goes to $100.
this is a long term stock... most of us are just lucky because of how unbelievably shortsighted the shorters are.... It's really a anybody's guess right now... but I wouldnt see why this doesn't hit 80-85 during the short squeeze, on the other hand... no one can predict the after hours!!!!!!! take caution, set a trailing stop!
Sentiment: Strong Buy