Pancho Cream
23.7K posts

Pancho Cream
@CreamMoneyTeam
Amateur Stock & Options Trader • Travel Hacker • I make & save money, sign up at link below • CMT 2019 & 2021 League of JustUs Fantasy Football Champion 🏆
Texas, USA Katılım Nisan 2011
517 Takip Edilen266 Takipçiler

@ProfitsTaken That’s me! Nice… always down to try new places. Any recommendations from there? It’s not too far away.
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@CreamMoneyTeam Is my memory correct that you're in Richmond?
If so, Wah coffee on Harlem road.
Saw it pop up a few times on social saying Richmond. You came to mind.
Nowhere near me but I'd check it out if it was 🤝
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@ProfitsTaken Yes I meant the rumors of a merger.
Have a great weekend PT!
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Are you referencing the rumored merger between the two?
I think it would be a positive. If you listen to what Elon Musk says and take him at his word - he's playing an all or nothing game.
He wants everything under one banner eventually. X an app for everything and SpaceX to blend with Tesla, AI, Neuralink etc.
It's all tied together.
Optimus is a robot for humans
Neuralink is the bridge between humanity and robotics.
SpaceX facilitates data centers for AI which are used on X and Telsla - so on and so forth.
He wants the singularity.
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@ProfitsTaken Definitely long. Capital has been locked up for a while because I’m waiting for the bigger reward. How do you see this Tesla / Space X news playing out with regards to future stock price?
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Tesla is a big mover in general.
One consideration if you're long is taxes. So you can be up 26% then have to pay 25% of your gains or whatever your marginal rate.
It's down to timelines. Are you long Tesla? Believer in the future say 3-5 years (even if trading on 1-2 time-frames).
Can you afford to keep capital locked up that long? Always a consideration when "long".
If so, you can ride it out. Add on strategic dips (company doing fine but price down).
If not then you're swinging. In a swing, let your stops make decisions. Up 26% adjust your stops up for at least some size. Then keep trailing.
The problem is people hate when things are ugly. So they sell or stop adding. But love when things are going well. So they add at the top.
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@ReluctantSteve2 @ProfitsTaken I’m still holding. Sights set on 500. But building position in other long hold ideas.
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@CreamMoneyTeam @ProfitsTaken I had the same questions. I got out at 380 in my Roths but left the taxable. That was hard after holding through the last two years
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