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17:40
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Originally posted by bigfatso
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Can’t really discuss gross amounts, but if TSLA goes to zero, I look to make 3-4 times my money on long dated puts...almost all 2020. Well if that happens, in part or in whole, lots of that will get put back into CSS. If you guys are nice enough to let me back in, that is. Hope CSS doesn’t go to .12 in the meantime but I guess that is the risk I run.at a profit is absolutely harder than putting a man on the moon. When Musk said he was gonna do that, well I got interested. And when he said he would do it by ignoring long-standing practices and make it at a better margin than Toyota, well I figured blood would be on the wall. So now things are going off the rails with slow production and increasing losses.
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I think you've done your money, the Saudis are apparently backing Musk to go private at $424.
