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re: Soooo like.. What does $TSLA do tomorrow?

Posted on 12/17/20 at 6:11 pm to
Posted by Triple Bogey
19th Green
Member since May 2017
5995 posts
Posted on 12/17/20 at 6:11 pm to
quote:

I'm reducing my 401k S&P500 exposure because of this.


Why? Its up 640% ytd
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 12/18/20 at 8:03 am to
Because every possible metric shows how ridiculously overvalued it is. Too risky for me. I know shorts have been regularly destroyed but it will come down eventually. And now you've got this guy talking about it: The Big Short Guy
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 12/18/20 at 8:44 am to
quote:

Why? Its up 640% ytd

If I realized that profit on TSLA this year I would most definitely be selling. But I don't own TSLA. It was overvalued before the split.
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