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TSLA up 32% in the last month

NoBaconEggCheese

The Lizard King
Unless you have the means and the know how to absorb any losses and to pay a reputable broker commission, trading options is a sure fire way to seriously fuck your life up.

If you’re a normal person and not genuinely gifted, the best way to build a good life isn’t by taking stupid risks, or even calculated risks, it’s basic crisis aversion. It sounds simple and condescending but most people can’t do it. Avoid fucking your life up is the best way to hopefully improve it.

Don’t use commission free trading apps for anything other than gambling with extra income for fun. If you’re trading seriously, pay a broker. The apps are free because you’re the product and you’re exploited and your info is sold to wall street where algorithms fuck you to the millisecond.

Patrick has never short sold anything, obviously, but he probably is the type of person to do it on robinhood because the anti Elon freaks on his Twitter said to.
 
Unless you have the means and the know how to absorb any losses and to pay a reputable broker commission, trading options is a sure fire way to seriously fuck your life up.

If you’re a normal person and not genuinely gifted, the best way to build a good life isn’t by taking stupid risks, or even calculated risks, it’s basic crisis aversion. It sounds simple and condescending but most people can’t do it. Avoid fucking your life up is the best way to hopefully improve it.

Don’t use commission free trading apps for anything other than gambling with extra income for fun. If you’re trading seriously, pay a broker. The apps are free because you’re the product and you’re exploited and your info is sold to wall street where algorithms fuck you to the millisecond.

Patrick has never short sold anything, obviously, but he probably is the type of person to do it on robinhood because the anti Elon freaks on his Twitter said to.
Despite Pat implying that he was shorting TSLA, I think what he was actually referring to (but is too retarded to know the difference) is investing in TSLQ, which is just an ETF that uses derivatives or swaps or something to mirror what TSLA does. If TSLA goes up 2%, this ETF goes down 2%.

I'm pretty confident this is what he meant because TSLQ was making the rounds on Twitter when Pat said he was shorting TSLA and also because Pat is waaaay too stupid to understand trading options or shorting a stock.
 

NoBaconEggCheese

The Lizard King
Despite Pat implying that he was shorting TSLA, I think what he was actually referring to (but is too retarded to know the difference) is investing in TSLQ, which is just an ETF that uses derivatives or swaps or something to mirror what TSLA does. If TSLA goes up 2%, this ETF goes down 2%.

I'm pretty confident this is what he meant because TSLQ was making the rounds on Twitter when Pat said he was shorting TSLA and also because Pat is waaaay too stupid to understand trading options or shorting a stock.

That would be much wiser, as a retail investor. I doubt he’s even done that, though. Or he might have put in like 25 righteous bucks.
 
Found it. Almost exactly one month ago, on December 27, which is literally the peak of TSLQ and the bottom of TSLA. It's almost uncanny how wrong he is and how perfectly timed his wrongness is.

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36dd8388382552ffece1e8b8f95dd8f5.jpg
 
Unless you have the means and the know how to absorb any losses and to pay a reputable broker commission, trading options is a sure fire way to seriously fuck your life up.

If you’re a normal person and not genuinely gifted, the best way to build a good life isn’t by taking stupid risks, or even calculated risks, it’s basic crisis aversion. It sounds simple and condescending but most people can’t do it. Avoid fucking your life up is the best way to hopefully improve it.

Don’t use commission free trading apps for anything other than gambling with extra income for fun. If you’re trading seriously, pay a broker. The apps are free because you’re the product and you’re exploited and your info is sold to wall street where algorithms fuck you to the millisecond.

Patrick has never short sold anything, obviously, but he probably is the type of person to do it on robinhood because the anti Elon freaks on his Twitter said to.
Buying and selling contracts, you're only going to lose the money you spent on the contracts. Short selling and WRITING contracts, ooooof.
 

IGotATreeOnMyHouse85

Stand Alone Fruit
TSLA was up another 11% today. So since Rick said he was "betting against" TSLA on December 27th, it is now up a whopping 46.9%. In just a month! Does Rick ever get tired of catching Ls?

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And he hasn’t mentioned Tesla’s stock since. He said it would be under 100 before the end of 2022 and a month later it’s up almost 50%. Don’t forget this price is because Tesla did a stock split over the summer which is a sign a company is doing very well. Before the split Tesla was in the 350-450 range but you know Pat didn’t know that.
 
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