Why would you buy and hold a stock that pays no dividends? Wells Fargo
(WFC) is a much better long term stock, paying 3.10% right now.
I think Tesla stock is going to take a dive very soon... the numbers
just don't add up. With the current value at $246 per share, that puts
them at a $32B market cap. They only sold 50,000 cars in all of 2015.
Compare that with General Motors that sold almost 3 million cars and has
a market cap of $45B... plus they are making money on every car, not
losing money like Tesla.
Once the hype is over and cars don't start showing up as promised, the
stock will tank fast. People are starting to compare Elon Musk to Donald
Trump... big promises, big words, but no real follow through.
Travis
On 4/4/2016 2:03 PM, Chuck McCown wrote:
Yeah, let me know before that happens will ya?
I am wanting this to be a buy an hold stock. Do I have the guts for
that....
-----Original Message----- From: Robert Andrews
Sent: Monday, April 04, 2016 2:01 PM
To: af@afmug.com
Subject: Re: [AFMUG] OT TSLA
When it goes down...
On 04/04/2016 12:33 PM, Chuck McCown wrote:
UP 18% since I bought. Wonder when I should sell....
