Share tips thread (Vol 2)

[BobsPigeon]

jammy-git said:

BobsPigeon said:

But they won't because the market is worth nothing because we'll never have autonomous self driving cars, not because of the tech but because the legal and ethical issues are intractable, its just never going to happen.

When have legal and ethical issues ever got in the way of big corporations making lots of money? As soon as the balance (sheet) tips in their favour, we'll see autonomous vehicles on the road.

No you won't. Driver assistance may become greater but a move to entirely automous would mean car manufacturers providing indemnity for their customers actions and/or downgrading their ethical responsibilities to non customers. Its never going to happen.

[Brother D]

Clive Milk said:

Brother D said:

$TSLA - purchased another set @ $686...

I'm always amazed that Tesla fans, including Cathy Woods over at ARK keeps buying the dip, when this company

1. Has a product range of 4 cars, 2 of which are saloons and one needs to be pensioned off.

2. They are going from leading the charge and being the leader of the pack in 2019 to having a crowded field of the entire world in 2022 onwards.

3. They still have not released their halo product of the Tesla Sportster and it is now pushed back to 2022, the Cybertruck last time I saw it had 2 bulletproof windows broken by a man throwing steel balls at it, and their cars are still really poor when it comes to reliability,

https://finance.yahoo.com/news/jd-power-dependabil...

They are like Rover Group, aka British Leyland, in that regard, just to meet targets.

So given all that why are people buying the shares? It can't still be due to Elon's salesman's milk and honey tomorrow promise can it? Surely that is wearing thin now? He said Robotaxis in 2020. Full Self Driving currently looks like even wishful thinking never mind that.

They are also due to release the Tesla Semi as well.
Powerwalls (which I can see being huge when the US doesn't have the energy reliability/security of somewhere like the UK (Houston being without power for several days in below freezing temps and kids dying)).
Solar roofs (Don't forget you replace your roof in the US every 10-15 years).
Satellite internet (just see the other threads to see how much of a game changer that will be (again in the US the ISPs have a monopoly that this disrupts in middle America, and also huge potential for other countries).
Megapacks for electrical grids.
I appreciate it's difficult to understand the use case of the products in a much smaller (and much more developed) country like the UK vs the US with it's crumbling infrastructure, but I've seen both sides, and what seems superfluous in the UK can be litteraly life saving in the US).

Honestly I think the energy side will be pretty big.

Plus on the manufacturing side I think they are the only car company to create single-piece castings for vehicles? Swaping 40-50 individual parts with hundreds of welds down to a single cast part.

Not sure if you can add SpaceX to the mix, but to say that has not been ground-breaking is well.

Edit to add performance with recent burn:

YTD 5.29%
1YR 138.23%

Edited by Brother D on Monday 1st March 16:21

[Burwood]

BobsPigeon said:

vindaloo79 said:

One thing your missing here is the quality of the autonomous self driving software and the amount of miles and data gathered up to this point to test it in the real world.

I don’t have a clue what it’s worth.

Nothing, that's how much. Google own the mapping tech, the GPS system is essentially on loan from the military and could be switched off at any time and Tesla have nothing in the sensor and vision imaging tech space that can't very easily be replicated by any big manufacturer. Apple and Google both could release a self driving car to market very quickly as could a number of traditional car manufacturers.

But they won't because the market is worth nothing because we'll never have autonomous self driving cars, not because of the tech but because the legal and ethical issues are intractable, its just never going to happen.

Agree 100% and even if they do allow FSD, several companies have tech justas good and better so it will be a 2-3k ubiquitous option. It's still a decade away minimum but I very much doubt they can easily get from 98% reliability to 99.9999 which is the problem. It's magic beans

[Brother D]

Just purchased some $SCR following rumors of a possible takeover target, and adding to my existing holdings of $PENN (300% since I got in) & $DKNG (35% up).

IMO I think gambling stocks in the US will continue to improve as gambling laws relax, and many 'dry' states are in desperate need of revenue...

[p1stonhead]

Burwood said:

BobsPigeon said:

vindaloo79 said:

One thing your missing here is the quality of the autonomous self driving software and the amount of miles and data gathered up to this point to test it in the real world.

I don’t have a clue what it’s worth.

Nothing, that's how much. Google own the mapping tech, the GPS system is essentially on loan from the military and could be switched off at any time and Tesla have nothing in the sensor and vision imaging tech space that can't very easily be replicated by any big manufacturer. Apple and Google both could release a self driving car to market very quickly as could a number of traditional car manufacturers.

But they won't because the market is worth nothing because we'll never have autonomous self driving cars, not because of the tech but because the legal and ethical issues are intractable, its just never going to happen.

Agree 100% and even if they do allow FSD, several companies have tech justas good and better so it will be a 2-3k ubiquitous option. It's still a decade away minimum but I very much doubt they can easily get from 98% reliability to 99.9999 which is the problem. It's magic beans

FSD is a mighty different prospect on little British lanes compared to an American road which seem to be built to accommodate the vehicle that takes the space shuttle to the launch pad

Some of the roads round my way (in Surrey 2 or 3 miles from the M25 so not the middle of nowhere) are barely wide enough for one car let alone two. I can’t imagine anything I’d rather do less than let the car try and do it.

[Burwood]

I’m in Surrey too. No fsd in 1000 years will work on them.

[Brother D]

Going to have a small play on $BUZZ when it opens on thursday.

Added more $FSR this morning...

Slight recovery in TSLA yesterday so up from YTD lows

YTD 10.66%

[Brother D]

Brother D said:

Going to have a small play on $BUZZ when it opens on thursday.

Added more $FSR this morning...

Slight recovery in TSLA yesterday so up from YTD lows

YTD 10.66%

[Greshamst]

I know I can just skip past it, but i really wish there was a separate Tesla thread.

Every few weeks, this thread just gets taken over by the same few pages of Tesla discussion

“It is overpriced”
“Yes I agree but I’ve still made money”
“I don’t understand how it’s valued so high when it produces so little”
“I’m not a fan boy, but...”


Rinse repeat.

[ATM]

Zoom short

[Chilly for June]

Brother D said:

Just purchased some $SCR following rumors of a possible takeover target, and adding to my existing holdings of $PENN (300% since I got in) & $DKNG (35% up).

IMO I think gambling stocks in the US will continue to improve as gambling laws relax, and many 'dry' states are in desperate need of revenue...

I'm 50% up on DKNG and kick myself for missing PENN. Im holding just now as quarter results for DKNG were good and I agreed that more states could take the step to relax rules on gambling in the future.

[Insurancejon]

after todays fall, and knowing how the company operates, I reckon Hiscox could be a good LTH

[vindaloo79]

Benbay001 said:

vindaloo79 said:

I don’t have a clue what it’s worth. I think Tesla is overpriced, but easy money being pumped into the markets wrecklessly for years on end and more to come will mean fundamentals can be ignored, for now.

Assuming youre intending to hold for a long time rather than trade, how are you making sure youre not holding the box when the music stops?

How do you spot the difference between "buy the dip" and the start of the company becoming valued on fundamentals?

Sorry late reply, but my answer is same as the poster who followed. I will let the funds I buy through make that decision as I didn’t have the disclipline for holding it directly myself.

But It’s also been a turbulent rise for SMT:LSE of late. I’m not ready to BTFD in a big way but have added.

[ATM]

SP500

It's broke through 3800 now pretty convincingly so next simple target should be 3700

[Brother D]

ATM said:

SP500

It's broke through 3800 now pretty convincingly so next simple target should be 3700

I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).

Also had a small dabble in $buzz

Last couple of weeks have been brutal...

YTD 2.37%
1YR 131.63%
3YR 228.16%

[Clive Milk]

As Brother D said looks like Wallstreet bets on reddit has its own ETF now !

https://finance.yahoo.com/news/join-swarm-retail-i...


" "BUZZ empowers individual investors to potentially benefit from the predictive insights gained by measuring the collective convictions about stocks, ultimately building the benchmark for social sentiment.""



Unfortunately BUZZ is trending today and not for good reasons as market sentiment seems to have gone off tech of late.

Should I buy BUZZ? I best go and look on reddit to find out Hopefully they are slamming it, which leads to a vicious circle for Buzz and it disappears over an event horizon.

As an aside, I am proud to announce the Pistonheads STT EFT that I will be running out of my shed very soon. It will be based on doing exactly the opposite that everyone recommends.... I've also got a printing press in there for old fashioned forgery, none of this bitcoin baloney.

[p1stonhead]

TSLA down nearly 30% in a month. Few cheeky hundred billion dollars off the market cap.

[dave_s13]

Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.

[p1stonhead]

dave_s13 said:

Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.

IPOs (initial public offering or ‘going public’) are announced ahead of time.

Sometimes you can get in on the first day. Others you can’t.

IPO calendar;

https://www.marketwatch.com/tools/ipo-calendar

[Clive Milk]

dave_s13 said:

Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.

What's the company and perhaps we can advise?

This smacks a bit of insider dealing, as the public perception goes.

I'm all ears though ....