I'm gonna let you guys in on a little secret....
TSLA is not a stock. When you buy a share, you are basically buying a token to join in a game; a game that is controlled by a select few of the inner-circle, a game created to generate incredible wealth for those that already possess incredible wealth.
Keep it simple? I'll try. It's controlled by algorithms folks. Algorithms that are powered by degrees of artificial intelligence that were heretofore unheard of. They read billions of data points every second. Every option, every open interest, every trade, every short sale, social media sentiment, news feeds, etc.
Everything.
Wall Street bets, CNBC, Reddit, Robinhood, quarterly vehicle sales, earnings... all have absolutely nothing to do with it.
It's all math. Read that again... it's all math.
Sure it trades day to day in a range that to some degree reflects price discovery at any given moment, but look at the amount of money the open interest of all strikes and all expiration's represent.
I mean literally, it has to be at least a trillion dollars.
Probably more at $720/share.
When the boat gets too heavy on one side, or perhaps better said, when the berry has gotten fat enough, programed trading, controlled by these algorithms kicks in and they juice that berry for every drop.
Elon's in the inner-circle, but he's also a shill for when a big move is required. I'm surprised more folks can't see it for what it really is.
Bottom line, there's a very select few, call it what you want... the roots can be found in the so called Paypal Mafia, but that SV circle too has also evolved. These folks control this game and they DON'T lose money. They print it for themselves.
Trying to predict the stock direction, the best option trade, or just being a fan-boi of Elon, (which I am lol)... is an exercise in futility. Retail players, PM's... they can do all the DD they want... until you crack that code, you're just along for the ride...
... be $350 or $1400.
Its a dynamic thing and it will be determined strictly by the #'s.
-vz
