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Started By
Message
Soooo like.. What does $TSLA do tomorrow?
Posted on 12/17/20 at 3:06 pm
Posted on 12/17/20 at 3:06 pm
Posted on 12/17/20 at 4:26 pm to Brobocop
(no message)
This post was edited on 12/27/20 at 2:05 pm
Posted on 12/17/20 at 5:19 pm to TheWalkoff
I'm reducing my 401k S&P500 exposure because of this.
Posted on 12/17/20 at 6:11 pm to arkiebrian
quote:
I'm reducing my 401k S&P500 exposure because of this.
Why? Its up 640% ytd
Posted on 12/18/20 at 8:03 am to Triple Bogey
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 on 12/18/20 at 8:44 am to Triple Bogey
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.
Posted on 12/18/20 at 8:48 am to arkiebrian
Tesla doesn't make sense, so it'll go to 800 by year's end
Posted on 12/18/20 at 11:36 am to arkiebrian
quote:
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
And Michael Burry will get burned just like everyone else who has shorted it and then when they have to cover their shorts, bang. Stock goes higher again. Valuations don't matter on a stock like Tesla.
This post was edited on 12/18/20 at 11:37 am
Posted on 12/18/20 at 2:20 pm to Triple Bogey
quote:
Valuations don't matter on a stock like...
I've heard that one before back around 2000 when all the experts were talking about "the new economy" and how the "old rules don't apply." Well, they sure did apply.
Posted on 12/18/20 at 2:26 pm to arkiebrian
What happened with Tesla today?
Posted on 12/18/20 at 3:44 pm to supadave3
What happened was I lost money and some bankers made money
Posted on 12/18/20 at 4:00 pm to supadave3
If I'm talking about my long-term 401k why would I be concerned with the day to day price of TSLA?
Posted on 12/18/20 at 4:51 pm to arkiebrian
quote:
I've heard that one before back around 2000 when all the experts were talking about "the new economy" and how the "old rules don't apply." Well, they sure did apply.
Ok, boomer.
Posted on 12/18/20 at 5:12 pm to arkiebrian
quote:
I've heard that one before back around 2000 when all the experts were talking about "the new economy" and how the "old rules don't apply." Well, they sure did apply.
The experts that bought Amazon at $20 bucks and never sold.
Posted on 12/18/20 at 6:14 pm to EA6B
Amazon earns massive profits. The "new economy" companies did not. Tesla doesn't make much.
Posted on 12/19/20 at 1:26 pm to arkiebrian
(no message)
This post was edited on 12/27/20 at 2:04 pm
Posted on 12/20/20 at 9:27 am to arkiebrian
Tesla is making money. Thry also have $20b in the coffers to expand with
This post was edited on 12/21/20 at 12:15 am
Posted on 12/20/20 at 9:49 am to jmarto1
quote:
Tesla is making money. Thry also have $29b in the coffers to expand with
How are they making money? If credits are taken away would they have been profitable over the last year?
Posted on 12/20/20 at 2:25 pm to arkiebrian
watch out, you're triggering the tesla pumpers that don't give two shits about fundamentals
all they care about is hype, the way the stock is trading pretty much is betting that almost everyone in this country will own a tesla product in the next 5 years
all they care about is hype, the way the stock is trading pretty much is betting that almost everyone in this country will own a tesla product in the next 5 years
This post was edited on 12/20/20 at 2:31 pm
Posted on 12/20/20 at 2:56 pm to TheWalkoff
I sold most of my position last week at 665 so it will probably go to 1000-1200 by year end.
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