Softbank exits stake in 24 companies, exits AMZN, GOOG, TSLA

[matsuki]

Notable exits include Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Adobe (NASDAQ:ADBE), Netflix (NASDAQ:NFLX), Microsoft (NASDAQ:MSFT) and Tesla (NASDAQ:TSLA).

https://seekingalpha.com/news/3636391-s ... DAQ%3ATSLA).

I saw this as a chance to buy more TSLA while it's low so I picked up more shares.

Then I woke up to this...

Tesla to Be Added to S&P 500 Index
Electric-vehicle maker to join Dec. 21 after five consecutive quarters of net profit

https://www.wsj.com/articles/tesla-to-b ... 1605566006



Aaaaaaaaaaaaaaaaaaahahahhahahaha! Son cashed out and left the Wallstreet Casino for a rub and tug at the perfectly wrong time.

Fuck Softbank!!!

[Coligny]

Missing something here...

[matsuki]

Missing something here...

Basically right after Softbank sold their shares of Tesla, the S&P500 finally announces Tesla being included. (stock jumped 10% on announcement, likely to be rocketed up much more as it will account for over 1% of the total S&P500 and that means lots of buying....and a short squeeze) Instead of investing (long term holding of the stocks) Son tried to play day trader as if the stock market was a Casino and missed out after cashing out.

[Coligny]

Not on the speculation side where it's a mixed bag, netflix is a dumpster fire, amazon profit like a pig in mud bath, alphabet is the pro version of the cia, adobe/microaoft... still exist, tesla subsidies queen ?

Divestment from us tech firms ?

Divestment from us ?

Divestment from a leper colony on the edge of civil war ?

[matsuki]

tesla subsidies queen ?

Indeed but the analysts are acting like it's a bad thing that the competition is literally paying for their new factories and expansion. Meanwhile, they have their foot all the way down on the growth pedal and the NOS fully open. Highest profit margin per vehicle...and growing while lowering sales prices, they sell every vehicle they make, software sales potential, energy storage and solar are just getting started. Was over $500 yesterday....and you have the S&P500 inclusion "passive buying" to look forward to which should be a shit show of epic proportions. Soo much is already tied up with long term investors that I see it possibly jumping to $650ish due to the lack of willing sellers while all the index funds try to buy to balance their portfolios. If you haven't already guessed, I'm balls deep in TSLA.

The nerd in me is more interested in how they are becoming full sized electric hotwheels....