THE ERA OF TRUMP

[Speaker to Animals]

My plan is to drive over to the Cherokee reservation and take all their money in Blackjack. These guys can't possibly win.

[SuburbanFarmer]

I suggest always move in portions when unsure.

You cash out 50% and you are playing on house money. You can always take up the position again if you feel good about it.

But always in portions when in a position of strength.

THIS. Take half off the table, and let the rest ride.

[nmoore63]

I suggest always move in portions when unsure.

You cash out 50% and you are playing on house money. You can always take up the position again if you feel good about it.

But always in portions when in a position of strength.

I've been investing in the market since I got my first pay check at 14.

Shorts are weird though.

I am not an expert on them, I fully understand how they work in theory. (my major isn't in finance like my brother, but have taken plenty of university finance courses) in the past I have tried iShares shorts on commodities, going long or short on oil prices... but they never quite worked out like I thought they would, even when the event I thought would happen did.)

So, I filled out all the paper work to do it directly. A bit of a pain in the ass.

Shorting Tesla and Wayfair are my first ever attempts at directly shorting.

Short Full Disclosure:

Tesla 360 (up 100%)
Tesla 320 (up 25%)
Wayfair 60 (down 10%)

All expire Jan '19. All with the same market down turn timing, weak cash position, price based on unrealized potential, theory.

All are only a small part of my portfolio, so are a hedge against all my other long positions if nothing else.

[SuburbanFarmer]

I suggest always move in portions when unsure.

You cash out 50% and you are playing on house money. You can always take up the position again if you feel good about it.

But always in portions when in a position of strength.

I've been investing in the market since I got my first pay check at 14.

Shorts are weird though.

I am not an expert on them, I fully understand how they work in theory. (my major isn't in finance like my brother, but have taken plenty of university finance courses) in the past I have tried iShares shorts on commodities, going long or short on oil prices... but they never quite worked out like I thought they would, even when the event I thought would happen did.)

So, I filled out all the paper work to do it directly. A bit of a pain in the ass.

Shorting Tesla and Wayfair are my first ever attempts at directly shorting.

Short Full Disclosure:

Tesla 360 (up 100%)
Tesla 320 (up 25%)
Wayfair 60 (down 10%)

All expire Jan '19. All with the same market down turn timing, weak cash position, price based on unrealized potential, theory.

All are only a small part of my portfolio, so are a hedge against all my other long positions if nothing else.

You hit a winner. Just use the same game theory that you'd use in a casino, at this point. Take some home, and let the rest ride, until you feel differently.

I'd recommend setting aside some portion of your total trading account, for options/speculation, and put 10% or so on each position. 10 bets, 10% each. When one of them hits a lot more than the others, like FB tanking because of news, cash it out.

What's happening right now is much bigger than just TSLA though. This is going to get wild, no matter what you're betting on.

[kybkh]

I suggest always move in portions when unsure.

You cash out 50% and you are playing on house money. You can always take up the position again if you feel good about it.

But always in portions when in a position of strength.

I've been investing in the market since I got my first pay check at 14.

Shorts are weird though.

I am not an expert on them, I fully understand how they work in theory. (my major isn't in finance like my brother, but have taken plenty of university finance courses) in the past I have tried iShares shorts on commodities, going long or short on oil prices... but they never quite worked out like I thought they would, even when the event I thought would happen did.)

So, I filled out all the paper work to do it directly. A bit of a pain in the ass.

Shorting Tesla and Wayfair are my first ever attempts at directly shorting.

Short Full Disclosure:

Tesla 360 (up 100%)
Tesla 320 (up 25%)
Wayfair 60 (down 10%)

All expire Jan '19. All with the same market down turn timing, weak cash position, price based on unrealized potential, theory.

All are only a small part of my portfolio, so are a hedge against all my other long positions if nothing else.

Yeah, why Wayfair. Its just a warehouse with returns and overstocked items. Not bad business model if you manage inventory well.

[nmoore63]

That's the other side of this still consider though.

In the present environment, not really interested in decreasing my long position hedges. So were I to decrease my holding in Tesla short, I would probably want somewhere else bearish to go.

If I find some place, then I might cash out some.

We shall see if I find any others that look right.

[kybkh]

That's the other side of this still consider though.

In the present environment, not really interested in decreasing my long position hedges. So were I to decrease my holding in Tesla short, I would probably want somewhere else bearish to go.

If I find some place, then I might cash out some.

We shall see if I find any others that look right.

I think we are seeing how important it is for these politically active companies to be on the right side of the vote.

The most dangerous "wall" proposed by Trump was the one between S&P 500 companies and the Establishment.

Its not hard to figure out why all these businesses are so virulently anti-Trump. They had millions vested in the other candidates.

[nmoore63]

Yeah, why Wayfair. Its just a warehouse with returns and overstocked items. Not bad business model if you manage inventory well.

I just don't see why there is any reason to believe folks can pick the "next amazon."

If they come up with something that works, then they have to go head to head with amazon. They are priced like the already won that battle.

Income TaxesValues displayed are in millions.
Q1 2017
03/31/17 Q2 2017
06/30/17 Q3 2017
09/30/17 Q4 2017
12/31/17

Income After Tax (57) (39) (76) (1)

I know that didn't paste well, but you get the point. Never made money.

Total Cash From Financing (538) (1,090) 375,225 374,971
Net Change in Cash (67,432) (76,030) 273,881 279,120

Net Cash is less than Cash from Financing. Only has cash because people keep loaning them money.


Just one person's opinions though.

[nmoore63]

That's the other side of this still consider though.

In the present environment, not really interested in decreasing my long position hedges. So were I to decrease my holding in Tesla short, I would probably want somewhere else bearish to go.

If I find some place, then I might cash out some.

We shall see if I find any others that look right.

I think we are seeing how important it is for these politically active companies to be on the right side of the vote.

The most dangerous "wall" proposed by Trump was the one between S&P 500 companies and the Establishment.

Its not hard to figure out why all these businesses are so virulently anti-Trump. They had millions vested in the other candidates.

+1

[Smitty-48]

Wayfair sells the same product as Walmart, Amazon, and Sears, if one of those competitors, Walmart most likely, is not going to buy it out, then Wayfair is arguably way overvalued, hence the short. It's definitely overvalued, by exactly how much is not clear, none the less was a safe bet to short it coming well off the $100 range.