Well we definitely look at things different. Why matters a lot less to me than what.
Something I buy goes down ... I sell. End of story, Actually maybe end of first chapter because if it bottoms and starts going back up I might buy it (and sell it at some point) again.
I always think it terms...
Speaking of Florida - down in Sunny Isles, a Russian enclave, tRump might have to start evicting some of them, if they can't make their monthly condo fees with funds from back home blocked. Putey Pu will not be happy with his best bud...
Were F and GM previously trading at astronomical valuations?
Higher than almost all other auto companies in the world combined - did I miss that somewhere?
Anyway I suspect they all might be down further EOY. This has nothing to do with any long term projection concerning TSLA or any other...
Saying that is if there is no doubt it will recover.
Nothing is certain in this world - especially with hi-flyer high multiple stocks heading into a rising interest rate/ high inflation rate environment.
Deep losses can always get deeper.
I am neither long SARK or short ARKK, but if I was I would let the market decide for me and not some random forum comment it isn't worth holding on just .... because.
Don't know your age but I was around and trading when Pets.com/The Globe.com/Webvan/Geocities and many others blew up in the...
Just like we did before Pearl Harbor, then we joined Europe to fight Hitler, Mussolini and Hirohito.
"Let's do it again."
Only maybe this time Putey Pu will bomb Wasilla to kick things off, don't cha know.
Just imagine Bitcoin goes higher and higher .... like it has done since Satoshi or tRump or whomever coded it. Wait we don't have to imagine (well maybe the Orange Jesus part) since that is its history. No zero sum. Although nothing is ever guaranteed in life.
Now on the flip side let's imagine...