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Chief
“Bro, you don’t get it. Tesla is the future!!!! Elon is daddy! He’s a visionary and I would let him sleep with my wife! Tesla is just so different, all your standard financial rules don’t apply!”
Sounds like crypto v2020 😛
Feels like a bubble, doesn’t it?
Because 🐍🎷
Because everyone gets tendies with papa Elon. 🚀
This is a great example of risk management and discipline when it comes to learning when to take profits. No need to completely stay away but also don’t risk more than you’re willing to lose. Then when you do choose to get out, if you make profit, be happy and don’t fomo chase if it keeps going up
Upcoming split.... After Monday, it should start cooling off.
But then again, there might be another move up if they do get added to the S&P.
It comes down to the belief in the vision and capabilities of their leader.
Goes up because someone is willing to buy it. Continues because that person can sell it to someone else for the same reason.
I wish there was a reason related to the expected future profit of the company but there is not. Stonks only go up
Rising Star
Here’s the QCOM chart from 1999-2000.
It went parabolic. The stock split and went up a bit more and then lost ~65% of its value over the next six months. This wasn’t some silly pre-profit website with sock puppet spokesman.
Tesla could do the same...
I am actually concerned that the trigger for the sell off in September will be fund managers rebalancing their portfolios because of Tesla and AAPL.
Ditto
Pro
You should all short it and make lots of money.
Don’t even think in dreams-I was caught short and lost good amount last month$$$$$
1 million mile battery