Stocks to Watch Thread

[The Wizard of Moz]

So following your advice, I opened up a Robinhood account. Going to read up on all of this. Didn’t realize they give you a share of a company as well.

Just FYI a lot of the bigger brokerages have started offering free trades as well

I’ve never used robinhood, but if you ever want to do anything more advanced than buying and selling stock I hear it’s pretty bad for it (margin trading, shorting stocks, options)

 

[BMAN]

Just FYI a lot of the bigger brokerages have started offering free trades as well

I’ve never used robinhood, but if you ever want to do anything more advanced than buying and selling stock I hear it’s pretty bad for it (margin trading, shorting stocks, options)

Thanks, what do you use if you don’t mind me asking?

 

[The Wizard of Moz]

Thanks, what do you use if you don’t mind me asking?

TD Ameritrade (which just got bought by Schwab) and Interactive Brokers

Like I said for straight buying and selling I’ve never heard a bad thing about Robinhood. Not sure what their research tools are like, but Ameritrade has a lot of really good data and it’s pretty easy to navigate/digest.

I like having interactive brokers because i can pretty much always count on them having inventory for short selling on hard to borrow securities (aka everyone wants to short it and it’s extremely difficult finding shares to lend for the short sale). It might sound like a little thing, but my most Profitable trade of all time was a short that no other brokerage had a consistent (or ever had any) supply of

 

[Triplethreat]

TD Ameritrade (which just got bought by Schwab) and Interactive Brokers

Like I said for straight buying and selling I’ve never heard a bad thing about Robinhood. Not sure what their research tools are like, but Ameritrade has a lot of really good data and it’s pretty easy to navigate/digest.

I like having interactive brokers because i can pretty much always count on them having inventory for short selling on hard to borrow securities (aka everyone wants to short it and it’s extremely difficult finding shares to lend for the short sale). It might sound like a little thing, but my most Profitable trade of all time was a short that no other brokerage had a consistent (or ever had any) supply of

I wouldn’t advise getting into short selling at all for a beginner trader... lol

 

[The Wizard of Moz]

I wouldn’t advise getting into short selling at all for a beginner trader... lol

I never advised it, just saying that I heard the platform is poor for it. There’s a chance bman never Gets into short trading and that’s perfectly fine, but if he does from what I’ve heard it sounds like it’d be preferential to switch brokerages at that point. So might just be preferable to start with one with additional capabilities from the get go. Especially when Robinhood’s biggest competitive advantage has been matched by other brokerages with those additional capabilities.

 

[KI4MVP]

Tesla apparently finally ramping up model 3 production and crushed it with their last AutoPilot update.

had a slump earlier this year, Tesla stock is killing it now.

They're going to be the next Apple - a software company that happens to make great hardware.

Car industry has no idea what they are doing with software.

the EV Mustang has a physical knob on their display

the EV Porsche has a touch screen who's only job is to let you control another touch screen that is the same size and just 8 inches away.

 

[The Wizard of Moz]

had a slump earlier this year, Tesla stock is killing it now.

They're going to be the next Apple.

Depends on when you bought it

YoY it’s been pretty easily outpaced by SPY. The market itself is killing it, looking at just Tesla without acknowledging it’s mostly underperformed the S&P to claim it the next Apple is some serious confirmation bias

 

[KI4MVP]

Depends on when you bought it

YoY it’s been pretty easily outpaced by SPY. The market itself is killing it, looking at just Tesla without acknowledging it’s mostly underperformed the S&P to claim it the next Apple is some serious confirmation bias

I updated my post to explain why I said that. Legacy auto companies are so far behind they are in serious trouble. Software, battery tech, efficiency, etc. Porsche gets 201 miles of range with the same size battery Tesla Model S gets 373 miles of range.

 

[KI4MVP]

Another example of Tesla's software lead. They just developed new software that lower the 0-60 time of their mid level Model 3 from 4.4 seconds to 3.9 seconds. They are selling it for $2k. It's not something just for new cars, it works with the ones they've already sold. That's likely $50 million of additional 100% margin revenue per quarter.

 

[Man Called X]

Another example of Tesla's software lead. They just developed new software that lower the 0-60 time of their mid level Model 3 from 4.4 seconds to 3.9 seconds. They are selling it for $2k. It's not something just for new cars, it works with the ones they've already sold. That's likely $50 million of additional 100% margin revenue per quarter.

Until they become mainstream enough that people start writing their own software for it.

 

[Huber.]

Another example of Tesla's software lead. They just developed new software that lower the 0-60 time of their mid level Model 3 from 4.4 seconds to 3.9 seconds. They are selling it for $2k. It's not something just for new cars, it works with the ones they've already sold. That's likely $50 million of additional 100% margin revenue per quarter.

Sounds like a scam. How long until they start slowing down your car on purpose to get you to buy a new one?

 

[The Wizard of Moz]

Sounds like a scam. How long until they start slowing down your car on purpose to get you to buy a new one?

Well he did say they are going to be the new Apple

 

[Man Called X]

Sounds like a scam. How long until they start slowing down your car on purpose to get you to buy a new one?

I would expect random OTAs at around 5-8 years that start making the cars fail. We live in a society built around planned obsolescence, but not Tesla. They won't do the same thing.

 

[KI4MVP]

Another example of Tesla's huge lead in technology, they pushed all of this to car owners today.

 

[KI4MVP]

Depends on when you bought it

YoY it’s been pretty easily outpaced by SPY. The market itself is killing it, looking at just Tesla without acknowledging it’s mostly underperformed the S&P to claim it the next Apple is some serious confirmation bias

have you checked the stock since we made our two posts? Tesla is now the most valuable US car company in history, as it should be because it's not a car company, it a technology company that happens to make great cars and is bringing Silicon Valley style innovation to the car industry. Competition is so far behind some are going to dissapear.