Gravel
Mr. Poopybutthole
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Investing General Discussion
- Thread starter Furious
- Start date
Blazin
Creative Title
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da fuq kind of company? the max is for employee contributions, stop spreading fake news. If your employer is doing this they are wrong and for everyone else in normal land the contribution limits are for employee elected deferrals.
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Furry
WoW Office
- 19,680
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It's a small employer you may have never heard of that totally nobody else copies carte blanche for their policies on these things, the US Federal Government.
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Sanrith Descartes
Von Clippowicz
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Without some special impetus, I dont see it hitting it today but AAPL should be considered a buy for some of you looking to the long term in the $123/$124 range for an initial starter position. Good chance it hits this range this week. 5-yr chart below. I will most likely be adding some here even though I am overweight.
Sanrith Descartes
Von Clippowicz
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Not to bring politics in but this is what happens when you take on the US Govt. The slowdown in production matters but the hits are just coming from there and the shorts are piling in on top.
Sanrith Descartes
Von Clippowicz
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Grabbed a big chunk of SPIR at 97 cents. All of it from the profits of my previous sale of half my stake.
Jysin
Ahn'Qiraj Raider
- 6,278
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There's a slew of headwinds aside from Elon putting his foot in his mouth. Just looking a bit macro, you have a company that was significantly overvalued by any measure. Now, heading into a recession with interest rates at decades long highs. Forget Tesla or EVs, how is the consumer outlook for jumping into a big pile of debt at high interest with recession on the horizon? The demand side destruction has to have some impact. Then you factor their insane PE vs competitors and it had to rebalance at some point.
On top of that, I see their lead being diminished day by day. Other manufacturers are quickly catching up and make objectively higher quality cars. I'd take an EV German car over a Tesla any day.
I will say that the one thing Tesla has going for it is the supercharging network. No one is close on this, but Tesla have already rolled out a pilot program for non-Teslas to access their charge networks. I am not sure how much revenue that charge network can pull in, but it seems to be the last bit of "moat" that company has.
TLDR: Valuation matters and the macro consumer headwinds are finally being priced in.
On top of that, I see their lead being diminished day by day. Other manufacturers are quickly catching up and make objectively higher quality cars. I'd take an EV German car over a Tesla any day.
I will say that the one thing Tesla has going for it is the supercharging network. No one is close on this, but Tesla have already rolled out a pilot program for non-Teslas to access their charge networks. I am not sure how much revenue that charge network can pull in, but it seems to be the last bit of "moat" that company has.
TLDR: Valuation matters and the macro consumer headwinds are finally being priced in.
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Sanrith Descartes
Von Clippowicz
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Oh yeah, I'm not saying the world isnt catching up to TSLA, I was just saying he is throwing gas on the inferno with the Twitter files
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Sanrith Descartes
Von Clippowicz
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Tmac
Adventurer
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Sanrith Descartes
Von Clippowicz
- 41,535
- 107,628
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,628
Just in case:
Important dates for 2022 year end
The last day to sell long stock and option positions for tax year 2022 will be Friday, December 30th.
Short stock and short option positions generally use settlement date on closing trades instead of trade date for tax purposes.
The last day to buy to cover short stock positions for tax year 2022 will be Wednesday, December 28th.
The last day to buy to close short option positions for tax year 2022 will be Thursday, December 29th.
Important dates for 2022 year end
The last day to sell long stock and option positions for tax year 2022 will be Friday, December 30th.
Short stock and short option positions generally use settlement date on closing trades instead of trade date for tax purposes.
The last day to buy to cover short stock positions for tax year 2022 will be Wednesday, December 28th.
The last day to buy to close short option positions for tax year 2022 will be Thursday, December 29th.
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Jysin
Ahn'Qiraj Raider
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Apple taking a hit on circulations of iPhone 14 sales issues.
Share price currently breaking the year's lows. This has some weight in indexes and can really drag us down if it wants to unwind.
www.macrumors.com
Share price currently breaking the year's lows. This has some weight in indexes and can really drag us down if it wants to unwind.
Apple Reportedly 'Seriously' Concerned About iPhone 14 Plus Sales, Looking to Reevaluate iPhone 15 Lineup
Apple is reportedly "seriously" concerned over the sales performance of the iPhone 14 Plus, the 6.7-inch non-Pro variant of the iPhone 14...
www.macrumors.com
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Sanrith Descartes
Von Clippowicz
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I put an order in to add at $124Apple taking a hit on circulations of iPhone 14 sales issues.
Share price currently breaking the year's lows. This has some weight in indexes and can really drag us down if it wants to unwind.
Apple Reportedly 'Seriously' Concerned About iPhone 14 Plus Sales, Looking to Reevaluate iPhone 15 Lineup
Apple is reportedly "seriously" concerned over the sales performance of the iPhone 14 Plus, the 6.7-inch non-Pro variant of the iPhone 14...
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,628