More specifically, financial smoke and mirrors. The cars are real enough.
TSLA 2019
- Thread starter nursebee
- Start date
More specifically, financial smoke and mirrors. The cars are real enough.
SA is SeekingAlpha, here are the current Tesla articles:
https://seekingalpha.com/symbol/TSLA?s=tsla
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Since this is the end of the year and since nobody asked this, I found a good answer to the 100 year old question: Why do you guys hate Elon so much?
Here is the response from Reddit what I completely agree with:
"Where to start... it’s a combination of how terrible he is combined with how awesome he thinks he is. He used his apartheid inheritance to purchase companies, including the title “founder” (he didn’t start Tesla or PayPal he’s just rich enough to say he did), he is awful to employees (denying them the ability to unionize, being horrible on an interpersonal level) while posting “dank memes” to grow a bizarre internet cult.
He’s a total poser with his political beliefs. He likes to say he supports socialism but in the same breath he’ll deny the core tenets of it, all to score internet points. The reality is that he gives money to conservatives and centrist corporate dems to shift our political system to the right.
Out of pettiness he called some normal guy a pedo and then hired someone to investigate his random claim to try to prove it. When he couldn’t, he lied and said that’s not what he meant.
Honestly he’s just awful. And it wouldn’t be so bad if he could just be awful on his own, but he’s everywhere and dummies on the internet worship him like a god."
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An interesting trading advice (which is rare beside the I am short/long) from SA:
https://seekingalpha.com/article/4314710-tesla-making-out-of-extreme-volatility-and-high-voltage
They don't expect the stock to move much higher and they are playing covered calls and Iron Condors on it. I like this approach. A possible short squeeze is still in the cards, but if that happens that should last no more than 3 weeks.
They have a good trading record playing Tesla:
"As a matter of fact, there wasn't a single year since 2015 that we haven't gained more than 20% out of trading Tesla, one way or another."
https://seekingalpha.com/article/4314710-tesla-making-out-of-extreme-volatility-and-high-voltage
They don't expect the stock to move much higher and they are playing covered calls and Iron Condors on it. I like this approach. A possible short squeeze is still in the cards, but if that happens that should last no more than 3 weeks.
They have a good trading record playing Tesla:
"As a matter of fact, there wasn't a single year since 2015 that we haven't gained more than 20% out of trading Tesla, one way or another."