Tesla stock

Sure that is a possibility. But the Tech Bubble (aka Internet bubble) was largely based on a few companies selling real products, other companies selling products and making no profits and a lot of companies with no real sales at all. it is pretty clear now that a few of those selling product and not making profits are now dominant (aka Amazon, Netflix and a few others)

There are a handful of EV companies, mostly not selling much except maybe in China. Plus Tesla who is growing sales, growing profits and reinvesting into new factories. It could end up the same way with a couple of big winners a decade or two down the road.

Mike

 

it's a bubble, but not an ev bubble.

 

& eitber way . . . . . if we were to cash in now? and it went up over 250% again in less than 8 months? it'd be a let down. If we hang on to it and it drops 200%? Another letdown. Either way it looks like we'd lose. Just ask our local Hydrogen zealot .... we're doomed

.

 

How does a stock (held as a long position) go down 200%?

Mike

 

The stock has fallen more than 70% from a high of $79.73 in early June. 70% is not 200%

 

It 'only' dumped 70%. That's pretty optimistic. Wishing there'd been $10K we could have been able to short them with. I could then have afford a lot more Tesla stock.

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Tesla is not immune to stock being dumped - do recall this?!

Top Tesla Investor Dumps 81% of Stock in Brutal Rebuke to Elon Musk

“stock has lost more than 30% of its value so far in 2019.”

 

Gorshk !!
if this is a loss ... i hope it looses ANOTHER 30% like this next year




. . . . . that way - i can retire in just 8 more months
30% ... loss (scratching head)
on a positive note - at least we're on topic for a change.
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That has got to be one of the best cases of cherry picking I have seen outside of a Climate Change thread in a very long time

 

i bet that fund manager was summarily fired when t rowe price investors watched tesla stock race to the top, and they were left holding the bag.

the author of that article was probably fired too

i wish it were back there so i could buy some

 

i agree. just out of my orbit right now, with amazon et al

 

+ the anti-fossil fuel / pro EV gvmt changeover
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3 potential scenarios for Tesla’s stock — none of them are good

 

Interesting article.
The whole thing seems based of one person that runs a fund that shorts TSLA.

Two of the biggest red flags I see is statement early in the article. It states Tesla is up over 600% this year, but the shorts just keep on shorting.
If anyone infers from that statement that the same number of people, or shares, are being shorted, they would be wrong.
The same dollar amount is being shorted, but the number of shorts has decreased sharply.

Next, this statement

Cornell doesn’t seem to be able to consider that they may be valuing TSLA incorrectly. Rather, TSLA price must be incorrect because it doesn’t match their understanding.

This goes back directly to analysts that can’t understand the Tesla business plan.

Cornell gives a number of reasons they base their targets and all they do is illustrate how much they ignore.

An early talking head that did this was John Petersen. He couldn’t understand how TSLA was valued as high as it was. If you ask people who Elon Musk is & who John Petersen is, I am willing to bet more people will know the name Elon Musk.
I expect Cornell will be forgotten as well

 

yes - & that takes us back to the spoof / humor of the OP's 1st post

.

 

still love'n the funny . . . new high this morning - and its current (electricity pun intended) price $627.
70% loss ... that'll never get old
Orangie oughta short them!

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yee haw!!!