For real...
Skip to about the 5:15 mark
https://www.marketwatch.com/video/m...000/62320628-4D83-4112-9FE0-CFC85D2A221A.html
Skip to about the 5:15 mark
https://www.marketwatch.com/video/m...000/62320628-4D83-4112-9FE0-CFC85D2A221A.html
TSLA $7000
- Thread starter Arnie
- Start date
Time for some LEAPs?
Omg, this is so reminiscent of talks I heard 20 years ago. Déjà vu. Sent chills down my spine. Those old enough remember all those upbeat Analyst explanations why this time is different and profits are so outdated. Once Fed slows down, stocks like TESLA will fall off a cliff. Btw, I admire Musk and what he is doing. I recall him saying when TESLA was around 250-300, that current valuation is absurd, and only warranted for the distant future. Wonder what he thinks today.
We might be close to market top with talks like these. This woman is saying TESLA will be worth 1.2 trillion in just 4 years. Sure, why not.
We might be close to market top with talks like these. This woman is saying TESLA will be worth 1.2 trillion in just 4 years. Sure, why not.
“Tesla short interest is $14.28 billion; 24.58 million shares shorted; 18.37% of its float; with a stock borrow fee of 0.30%. Short sellers have decreased their exposure by -1.78 million shares, -6.74%, over the last 30 days which equates to -$1.03 billion worth of short covering. There was active short covering ahead of Tesla’s earnings report yesterday, with 544 thousand shares covered, worth -$316 million, over the last week.” (quote from Electrek)
So these 544K shares owners were smart shorts and they covered before the earning, saving them tons of cash vs those covered today.
So these 544K shares owners were smart shorts and they covered before the earning, saving them tons of cash vs those covered today.
Which way? LOL
They could be very wrong. Read the paper I linked to. They have scenarios for TSLA trading anywhere between $0 and $22,000 by 2024.
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This kind of feels like an enron situation. Egomaniac CEO that hates shorts...all the reason for him to cook the books.
Will be interesting to see how this shakes out.
These probabilities are arbitrary and meaningless. Just admit TSLA has a cult following and anything short of incredible odds given to their success will be seen as apostasy.
Will be interesting to see how this shakes out.
Which way? LOL
They could be very wrong. Read the paper I linked to. They have scenarios for TSLA trading anywhere between $0 and $22,000 by 2024.
These probabilities are arbitrary and meaningless. Just admit TSLA has a cult following and anything short of incredible odds given to their success will be seen as apostasy.
I'm writin', you buyin?
Right $7,000 and maybe even $20000+ a share based on nothing more but fear of missing out, isnt that the new phrase on wallstreet now that stocks only travel in one upward move. Tesla a trillion dollar car company, based on an electric car, has anyone seen the sales and profits of other car companies or is tesla the only one that sells a few hundred thousand cars a year and carrys a market cap worth over $100 billion, which gives it more value than starbucks, Ford and gm combined and let's not forget IBM and Costco. Come on the hype on this stock is absolutely ridiculous, it's a car company that sells electric cars, wake up people.
I'm writin', you buyin?
Bidding 100 Quatloos!