Sam Cornwell, a 32-year-old student in the United Kingdom with a wife and a 10-month-old son, said he invested his personal life savings ¡ª about $25,000 ¡ª in Tesla back in September when the stock was trading at about $27.50 a share. An article on a tech blog last year initially piqued his interest. After he researched the company and learned more about its chief executive, Elon Musk, he was sold.
¡°I just poured it all in,¡± Cornwell said in a phone chat with MoneyBeat Thursday evening. ¡°I¡¯m not a stock expert or an analyst. I just read the news and I believe in the story.¡±
Cornwell¡¯s actions exemplify how individual investors have a tendency to get swept up in the whirlwind surrounding high profile stocks. One year ago Facebook¡®s One man bet the money he saved to put his daughter through college on Facebook shares, a move that isn¡¯t look so good now with the stock down about 30% from its IPO price.
BOSS****^^^^
Sam Cornwell, a 32-year-old student in the United Kingdom with a wife and a 10-month-old son, said he invested his personal life savings ¡ª about $25,000 ¡ª in Tesla back in September when the stock was trading at about $27.50 a share. An article on a tech blog last year initially piqued his interest. After he researched the company and learned more about its chief executive, Elon Musk, he was sold.
¡°I just poured it all in,¡± Cornwell said in a phone chat with MoneyBeat Thursday evening. ¡°I¡¯m not a stock expert or an analyst. I just read the news and I believe in the story.¡±
Cornwell¡¯s actions exemplify how individual investors have a tendency to get swept up in the whirlwind surrounding high profile stocks. One year ago Facebook¡®s One man bet the money he saved to put his daughter through college on Facebook shares, a move that isn¡¯t look so good now with the stock down about 30% from its IPO price.
BOSS****^^^^
WOW there a multi billion dollar company with all these patents and technologys and they are only trading at 3.76???????
I think i wanna load up on them now !!!! thanks good looking out hotdamn85
WOW there a multi billion dollar company with all these patents and technologys and they are only trading at 3.76???????
I think i wanna load up on them now !!!! thanks good looking out hotdamn85
I hope you are taking some profits in TSLA. Unprofitable company with a forward P/E of nearly 180
And about to breach its 50 DMA. Look out below ! !!!
I hope you are taking some profits in TSLA. Unprofitable company with a forward P/E of nearly 180
And about to breach its 50 DMA. Look out below ! !!!
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