User Power
Value/Post Ratio
260%
- Feb 26, 2019
- 67
- 174
When even your barber starts talking about "did you invest in X?" it's time to worry.
SPONSORED: GiganticWebsites.com: We Build Sites with THOUSANDS of Unique and Genuinely Useful Articles
30% to 50% Fastlane-exclusive discounts on WordPress-powered websites with everything included: WordPress setup, design, keyword research, article creation and article publishing. Click HERE to claim.Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.Yes, if I'd read his post properly (clearly not enough coffee on board! ) it does back a short position.Um... doesn't that kind of back up his point?
And this too?
I'm not touching it, but I won't tell you not to...
TSLA shooting up to new ATHs, this time I'm definitely aware of how to short and I've set up a trading plan to fade the trade. Will let you guys know how it went!
RSI indicator and volume are showing a bearish divergence. Going to wait until the stock closes below the ATH today and then short at the open tomorrow. Going to set a stop in case I'm wrong and TSLA keeps going to the moon like SpaceX.
When even your barber starts talking about "did you invest in X?" it's time to worry.
Tesla is not just cars though. Just self driving tech by itself is worth more than all car manufacturers combined.
"Don’t play games that you don’t understand, even if you see lots of other people making money from them" -- Tony HsiehSo it looks like TSLA is going to the moon right now. Kind of reminds me of Bitcoin back in 2017.
Everyone around me is saying to buy a put or to short the stock, but I've seen people get burned before. It's extremely difficult to call tops.
What does everyone think about TSLA? Is it going to top out at ~$904 or keep going higher?
"Don’t play games that you don’t understand, even if you see lots of other people making money from them" -- Tony Hsieh
If it is raising up now it's because all the investor are follow it, and that it's a problem because you are not going to get so much from that. Maybe it's going to keep going up or crash, but it is not a rational movement or something that you can predict at the end.
All it would take is Elon to have a car crash or the SpaceX stuff to go poorly and watch the value plummet...
A meteoric rise usually comes before a fall.
As a general rule, if everyone is talking about an investment opportunity you've missed the boat.
Time to worry yes. However...not the same thing as time to short. People just like you who thought they knew the time to short are the ones driving this up higher, endlessly short squeezing each other out of it.
Don't short Tesla as a speculative move to make money. You're not creating value, you're contributing to the casino.
Tesla is not just cars though. Just self driving tech by itself is worth more than all car manufacturers combined.44% in 9 days. cool.
But look at numbers:
TSLA has market cap of 370.49B.
They sold 891,000 units since 2012.
That puts value of each car at ~$415,263.
That's almost half a million.
Do they retail for that much?
Join Fastlane Insiders.