Stray Dog

Prices are Hyperliquid perpetual futures: contracts that track each stock and trade 24/7. They are not exchange prices and can differ from them, most of all while US markets are closed. Change is over 24 hours. For information only.

  • TSLA—
  • PLTR—
  • HIMS—
  • SPCX—
  • SOFI—
  • META—
  • BTC—
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Hold: if you got it right, sit tight

Even winners fall hard on the way up. Tesla dropped 68% in 2022, then made new highs

−68%Tesla, Nov 2021 to Dec 2022
$382, Nov 20211$123, Dec 20222New high, Dec 20243Jan 2020Oct 2026
  1. $382, Nov 2021
  2. $123, Dec 2022
  3. New high, Dec 2024

Month-end share prices. Source: Nasdaq

How we hold

  1. No stop-loss orders
  2. No judging a year or two against the S&P 500
  3. Every quarter, check the business against the note you wrote when you bought
Why it matters

A stop-loss sells on the price, not the business, and in a crash it fills at the worst price. And a 10x goal takes ten years: trailing the market for a few of them is normal.

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