Tag Archives: stock

This Autopilot Tesla Crash That Killed 2, With A Fire That Took 4-Hours To Extinguish, Angers, Disappoints & Saddens Me.

by Anura Guruge


The above is from the U.K. ‘Daily Mail’. Click here for their outstanding coverage.


This is FRIGGING bloody wrong. This makes me very angry, sad & dissapointed.

We are NOT ready for autopilot cars, Tesla or otherwise — & I write this as a HUGE Tesla fan & a very contented & happy, v. long-term Tesla investor. Yes, this crash will send TSLA stock tumbling on Monday. That does NOT bother me much. SMILE. I invested in TSLA years ago. SMILE.

This is WRONG. Bloody WRONG.

We are just NOT there when it comes to autopilot. To plug autopilot is just pure wrong & irresponsible. Yes, ‘they’, government agencies & families should go after Tesla. Sue the pants off them — & again, I speak as one who owns more than just a few shares of Tesla.

This has to END.

We need tighter regulations about autopilot.

I would be so, so, so upset if an autopilot car killed one of my kids. Think about it.

Plus, firefighters being unable to put out the fire caused by the batteries. This is NOT RIGHT. 4-hours to put out a car fire! Jesus wept.


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by Anura Guruge

IF You Bought ‘Tesla’ (TSLA) On Tuesday, When I ‘Implied’, YOU Would Have Made $200(+) A SHARE!

by Anura Guruge


Today, Thursday, August 27, 2020, at Market Close. << GRIN >>

Click to ENLARGE.


Tuesday, August 25, 2020 Post. SMILE.


Numbers NEVER lie!

Plain as day, $2,017 when I posted on Tuesday, $2,245 TODAY. SMILE.

Yes, I bought SOME TSLA. My kids already had SOME TSLA.

I bought my first TSLA, 3 (4 maybe 5) years ago, at $380 a SHARE. People told me I was CRAZY. SMILE.

I know I am CRAZY. I am CRAZY as a cat. SMILE.

Yes, I am SMILING.

I have been LONG, VERY LONG (like 6-years) on AMZN, TSLA, NVDA, ROKU (since IPO), AVGO …

So, have the kids, BUT they also have NFLX & APPL. SMILE. GRIN.

SMILE.


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Check Category ‘investments‘.


by Anura Guruge

You Can STILL Get The ‘Tesla’ (TSLA) 5-for-1 Stock Split Post Aug. 21 — Even Today.

by Anura Guruge



The STATED August 21, 2020 ‘ex-dividend’ date for getting the 5-for-1 stock split is ‘BOGUS’! SMILE.

I even checked with Fidelity.

While a stock split is considered a dividend it doesn’t work as with a normal monetary dividend. With a monetary dividend IF you BUT after the ex-dividend day, you don’t get the dividend, just the stock. The seller gets to keep the dividend.

Doesn’t work with a stock split, BECAUSE ALL the shares are SPLITTING.

Yes, I bought some. SMILE. I have been LONG on TSLA for years. I first bought TSLA, 4- or 5-years ago when it was $380. SMILE. Did NOT buy many. SMILE. Earlier this year I added a BIT (& bough TSLA for both kids. SMILE). Today I sold ‘bits-&-bobs’ & bought a bit more TSLA. Enough. Now, after the split, this Saturday I will have a ‘decent’ amount. YES, the actual NUMBER of shares matter IF you are an ADDICTED option trader like I. Smile. [P.S., If you could see my kids’ portfolios. SMILE. High risk, HIGH rewards. SMILE.]

Just thought I will share this with you.

August 21, 2020 day meant NOTHING.

You can carry on buying TSLA till 4:00pm on Friday, August 28, 2020 & still get the 5-for-1 split.

It is ‘OK’. You do NOT have to thank me. This is what I do. SMILE.


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by Anura Guruge

Very Fancy, 8-Dock Tesla Charging Station In Rochester, New Hampshire.

by Anura Guruge



Click to ENLARGE. From Google. Probably NOT up to-date.


WOW. The fanciest Tesla charging station I have ever seen — & to be honest, I haven’t seen many.

As you can see from the map we don’t, as yet, have that many up here in New Hampshire. The only one in this neck of the woods, as far as I know, is a 2-bay station in tony Wolfeboro.

Rochester is an interesting choice. Not exactly the richest town hereabouts. Not actually sure if there are 8 Teslas in Rochester in total. Yes, further South. But, Rochester.

Must be a sign of the time — & today Tesla shares went up $84.38 & the stock cracked the $1,000 mark. SMILE. Yes, I own Tesla stock. Alas NOT many. But, my Tesla stock has TRIPLED in value since I bought them. SMILE. Yes, TRIPLED. At the current rate they will triple again. I will then be able to buy a Tesla, maybe used, from my few Tesla shares. SMILE.


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Search on ‘Tesla’.


by Anura Guruge

I Am NOT In Favor Of ‘Commission Free’ (i.e., FREE) Stock Trading!

by Anura Guruge


Click to ENLARGE. From ‘Yahoo Finance’. Google for more.


If you are worried about a $4.98 commission when making a stock trade (and I think $4.98 is what Fidelity charges I) then you should NOT be making that trade!

With online trading commissions are NOT what they used to be. Yes, I remember having to pay $70 to $80 per trade. That gave you pause, but again, in the end you were hoping to make thousands so even $80 would be a rounding error.

Then, with online trading, it became … $14.xx … $7.95 … and now $4.98.

$4.98.

I am HAPPY to give Fidelity $4.98 per trade, for all the services I get.

I will also, happily, make two concessions as to when a trade should/could be free.

  1. I am a great believer in kids getting into stock (and I have had lot of success with this, even helping kids who are not mine). So, I am all in favor that kids should be allowed to trade for free. Basically make UTMA (or equivalent) accounts — i.e., accounts involving those under 18 — commission free. That will be a winner.
  2. Also give those making ‘small’ trades a break. But, since folks invariably will try and abuse this, since folks are cheap, it will have to be restricted to one free trade a day. So, something like one $1,000 (or less) trade per day free, or one trade (per day) involving 30 shares or less.
    ….

So, why am I opposed to free trading. Because, I am old & savvy enough to know that there are NO free lunches. When brokerage house offer free trading they are going to be loosing millions if not billions in income! True statement. So, how are they going to make up for that.

First they will cut services. Yes, good folks will lose jobs. It will also mean that you will not be able to talk to a human. So, the elimination of services is my greatest fear. I get outstanding service from Fidelity. I would hate to see that not be the case.

Second, they are going to start hounding you to sell you services. You will get even more calls and e-mails offering this and that. They have to recoup the money they are losing. It will be ugly. To be honest it will not affect I! Fidelity, quite a long time ago, stopped trying to sell me anything. They know — and they can see — that I do very well on my own. So, they stopped calling me. But, it won’t stop them calling YOU.

There is another reason too. It will just further encourage foolish, mindless trading! I really hate that. Folks that buy and sell with no rhyme or reason. Panic and sell when the market is going down and then turning around buying the same stock when the market has gone up. They could save themselves so much money buy just buying and holding. My core stock portfolio has not changed since 2012. 7-years. SMILE. Yes, I have held the same stock for 7-years. SMILE.

So, that is my piece on this.


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Check Category ‘Investments’.


by Anura Guruge


 

I Believe That ‘Pinterest’ (PINS) Stock Could Be The Next ‘Etsy’ Or Even A Micro-AMZN!

by Anura Guruge


Click to ENLARGE. From ‘marketwatch.com’. Symbol PINS.


I got into Etsy and AMZN late — though in the case of AMZN it would be very. v. v. churlish of I to complain. SMILE.

Well, with PINS I am hoping NOT to make that mistake. From what I can see PINS is in a great position to greatly improve upon its user base and Ad. revenue. So, I got into PINS shortly after the IPO. It was a tough road to hoe the last few weeks but today it was pay dirt. Still a long way to go BUT I am typically a VERY LONG TERM buy-and-hold investor.

So, I am banking on PINS. I don’t own that many as yet. But, I will slowly increase my stake.

So, just wanted to SHARE this with you. Have a look. What have YOU got to lose?


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Check Category ‘Investments.


by Anura Guruge

Garmin Q2 2019 Results Exceeds Expectations; Fitbit Disappoints & Shares Tank.

by Anura Guruge



Click to access WSJ coverage.


Click to ENLARGE. From ‘marketwatch.com’.


Two very different sets of stories from the two companies. Garmin is SOARING, Fitbit is tanking — the Versa Lite sales not living up to expectations (probably not surprisingly).

Garmin’s Fitness sector is doing well (thanks to all the new models of late), while Fitbit’s smartwatch sales are down 27%.

Good for Garmin. They just need to stay focused and RAMP UP their customer support.

As a BIG Garmin customer, shareholder and booster I am happy. SMILE.


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Search ‘Garmin‘.


by Anura Guruge

‘Brainsway’, A Maker Of ‘Transcranial Magnetic Stimulation’ (TMS) Equipment, Filing For ‘Hail-Mary’ U.S. IPO.

by Anura Guruge


Click to ENLARGE and read here. This from Fidelity.


Click for my post that talks about ‘Brainsway’ & TMS.


Stock performance in Tel Aviv.

Click to ENLARGE and goggle. 


I was researching the intriguing ‘PinterestIPO when this caught my eye. I knew exactly who they were. So, I had to do a bit of investigating.

Wow. Their stock performance in Israel has not been stellar — and that is saying it kindly.

I would NOT touch this U.S. IPO. The stock, in Israel, right now, seems to be on a downward trajectory.

Also seems a bit late in the day to do an U.S. IPO. They went public in Israel 12-years ago!

During ‘dot.com’ I did a ton of work for a number of Israeli high-tech companies. Great folks to work with, but I kind of learnt one thing. It is not easy for outsiders to make money in Israeli companies. Yes, of course, there are exceptions.

This one does not fill me with optimism. But, you can check it out.


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Search on ‘pain& ‘TMS’.
Check Category ‘books’


by Anura Guruge


Garmin Claims That It Shipped Its 200 Millionth Product Today.

by Anura Guruge


Click to ENLARGE and read here. On Twitter.


Click to ENLARGE and read here. Garmin Press Release at garmin.com.


Congratulations are in order, I guess — especially as I am a long-term investor in Garmin.

200 Million products shipped is quite an achievement.

On one hand I am happy. On the other, I fret, in that Garmin seems to have lost its way. FitBit, Apple and others are eating its lunch — in the wearable space.

Yes, they announce results soon.

Let’s hope that this milestone galvanizes them to take stock, gird their loins, and commit to doing even better in the future.

But, congratulations.


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Search ‘Garmin’.


by Anura Guruge

Tesla Going Private — Why You Should Always Back Elon Musk.

by Anura Guruge


Click to ENLARGE & enjoy.


I have learned from experience, good rather than bad, that it is always best to embrace Elon Musk rather than better against him. Yes, I talk as one lucky enough to have owned PayPal stock from day one. I had been invested in eBay for decades. So, when the PayPal spin-off came I automatically got PP shares. Since then I have sold most of my eBay and bought PayPal. That is how I realized that Elon Musk can make you money.

Two (maybe three) years ago I bought a FEW (and I truly mean) FEW shares of Tesla for $240. It was an expensive and risky stock. I held on to my few shares through thick-and-thin. I just wish I had bought more, but I never complain. If you make money, it is always a good thing. There is no point worrying about the money you didn’t make. Just enjoy and be pleased with what you did make.


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Check Category ‘investments‘.


by Anura Guruge