Sentiment is REALLY strong this time, and even though number...
Sentiment is REALLY strong this time, and even though numbers are good tools, it seems to be a very strong force in the market. So many $Tesla(TSLA.US$ shorts have capitulated. It is hard to imagine it falling to be reasonably valued which would mean a decline of well over 90%.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Scaried : Sentiment is stronger than expected, but not for long.
And the signs are clear: Elon Musk is selling, ARK is selling. The selling will accelerate during the next 30 days.
There are signs everywhere: some big retailers going down like crazy, ARK is next, and when tesla will implode, that's it.
CheerStart Scaried: Didn't Elon himself say TSLA was overvalued about a year and a half ago at much lower prices? I think TSLA was somewhere in the $150 range at the time.
got the heart CheerStart: Elon says a lot of things just to be provocative. Same dude that hyped doggy coin to great effect. :)
NdelVe got the heart: I think the difference this time is that Elon is not just talking. He's taking action and selling his overvalued company. And why not sell now and when it drops to $150 a share buy back? @M Plaut this is typical of bubbles - 95% of the people don't realize we are in a bubble and 5% do. Not much more to say.
melissa-89 NdelVe: Agree. I think he is crazy for not selling some shares quarterly starting at least a year ago. I don't happen to think it is headed for $150 while in growth mode but we never know. He could prop the shares back up if he had $10B of personal funds to funnel back in when it get's beat up eventually. .
BraveRoy CheerStart: Yes, that is right.
Primaveraaa Scaried: It certainly does look like the bubble just popped. Many high flyers down 50% already and just getting started.