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Cake day: July 2nd, 2023

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  • Not related to the article but there was a news report on TV from a local news station. They were interviewing a car lot manager. They just sold a $100,000 car. They were sweating because they didn’t know if they could get it on the ship from overseas before the tariff hit. If they couldn’t , the cost of that vehicle, they estimated 120,000. And the dealership was gonna have to eat the20 grand. Because the contract was already signed.







  • While that company has dropped a lot in value, let’s look at the deals that the US government is giving it for infrastructure. Let’s look at the factthat more and more people are buying electronic vehicles or I should say electric vehicles. Let’s look at where the Highpoint was for that stock and let’s look at where it is now. I don’t think the companies at a buy point yet. I do think it might be getting close to a buy a point. If they got rid of Elon Musk, people might be interested in buying those cars again. I could see that stock suddenly taking a jump in .

    There is another item look at each individual day of that stock going back even over two months. Don’t look from one day into the next look at an individual day any day in the last two months. That stock will take a dip and then it will rise. So if you’re willing to sit in front of your computer, wait for the dip buy then sell it as soon as rises you should be able to make a bit of money. Now I’m I’m about ready to go into work so I can’t do the math to see what sort of percentage gain you would be looking at. On a day-to-day basis I mean. But just looking at a couple of days, you could be looking at one or 2% gain each time. And you don’t need to hit the absolute bottom and you don’t have to the absolute top , you’ll never do that. Just catch it at what you believe to be a low point set the sell point like 1.5 1.6% above that. It looks like that makes that change fairly quick from low to high. So you really wouldn’t have to be there that long.

    Am I saying you should do that right now today not really. But for some easy gains it might be something you wanna look at. For long-term investing, I would say hold off until they get rid of musk… I would not hold that stock from one day into the next you’ll never see your money. But hey one or 2% a day is not bad returns.