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Bill Combs
@billcombs · Dec 8

What do you think of $P911.DEstock ?

I have a smaller position in my portfolio and am currently in a significant loss position, yet I plan to hold the stock. Shares of $P911.DE were briefly mentioned by Michal Semotan on Bulios Invest Night . According to him, Porsche's worst is behind it and the stock should recover over time. I completely agree with this opinion, which is why I will continue to hold$P911.DE

A community member's personal view, not investment advice. Community Guidelines

CB
Clive Bennett @_clivy Dec 16

I'd ditch the European car companies. I'd rather buy, say, $RACE or $TSLA stock.

BC
Bill Combs @billcombs Dec 23

I bought$RACE recently, the price was pretty good for establishing a position.

TM
Trevor Mills @trev_mills Dec 16

Europe is really bad right now but $P911.DE is the best of all European car companies.

CB
Clive Bennett @_clivy Dec 16

Even so, Porsche won't perform as well compared to other automakers.

MS
Malcolm Stokes @stokes_malky Dec 16

I agree with this view, they should be past the worst and the company could be profitable again within the next few years.

TM
Trevor Mills @trev_mills Dec 16

Do you have their stock in your portfolio?

NT
Nigel Thornton @_thornton Dec 10

I keep my hands off Europe. Overall, I don't like the development of European automakers right now.

BC
Bill Combs @billcombs Dec 13

So you'd choose something from the US?

WJ
William Johnson @willjohn Dec 9

For the premium car companies, I think they'll do better than the mainstream ones. BMW shares have gone up 16% in the last month, which is nice, given the current situation for automakers. So my loss is shrinking :D. Mercedes now down 5% in a month. Could be different, but that's how I see it. If I didn't have BMW, I'd probably buy Porsche a bit and watch the future :).

BC
Bill Combs @billcombs Dec 13

Absolutely, I totally agree with that, something like $RACE.

CB
Clifford Barclay @cliffordbarclay Dec 8

So this is a lot of risky, but- MissionX+ groundbreaking battery technogy - it can definitely send it up. However, I have my doubts about management's ability not to screw this up commercially and ultimately technically. 🤷‍♂️ What they've been showing in recent years - not much. Not good enough. Well 2025 should decide it.

BC
Bill Combs @billcombs Dec 13

I see, so we'll see. I've had the stock for a while, but I don't want to sell now, so I'll wait and see how it goes.

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