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re: Investing In Tesla
Posted on 4/27/17 at 11:53 am to Novae
Posted on 4/27/17 at 11:53 am to Novae
I know exactly how leveraged he is, but again tencent owns 5% and they're flush with cash, and when it comes to a cash crunch investors are more likely to buy a secondary from tesla than they are from some other co. Tencent would do a private offering if need be, bottom line is cash is the least of worries and bears who have had that concern have been killed to this point.
ps i feel honored that you've made 20 posts over the last 12 years and I just witnessed one
ps i feel honored that you've made 20 posts over the last 12 years and I just witnessed one
This post was edited on 4/27/17 at 12:03 pm
Posted on 4/27/17 at 12:04 pm to dabigfella
Have been killed to this point? True, but I'm sure you're aware of The Black Swan. One only profits in the market when they sell (especially for a no dividend growth stock); obviously you haven't. Tesla's had a wonderful 6 year run, no doubt about it. Many people confuse themselves as great investors in the market run we've had for the past 8 years when in fact a monkey picking stocks could look like Warren Buffet in this market. The great investors make their money in the down markets, when the confused ones patting themselves on the back all the way up are left shirtless.
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