JessicamericaMike Hoi:
JP Morgan & Wells Fargo both agree, Tesla isn’t profitable enough right now to trade at a premium. Their intrinsic value is lower than these prices we’re looking at for the time being. Sell, or hold. Idc do whatever you want, but it’s bearish signals coming out of Tesla right now.
Jessicamerica : Not going to happen. Tesla will fall to 125, and all my puts will print big time
MonkeyGee Jessicamerica:
Mike Hoi Jessicamerica: your explanation on $125 target?
Jessicamerica Mike Hoi: JP Morgan & Wells Fargo both agree, Tesla isn’t profitable enough right now to trade at a premium. Their intrinsic value is lower than these prices we’re looking at for the time being. Sell, or hold. Idc do whatever you want, but it’s bearish signals coming out of Tesla right now.
Mike Hoi Jessicamerica: yeah but their price target is like $160 ish $125 is a far fetch. Better just buy the more logical PUT price
Jessicamerica : I think after earnings. Those are the prices we’re headed towards. Especially with how cynical Elon talks on the calls lol
71066059 Jessicamerica: Is Wells Fargo the 5-star analyst
ugotmusic1 Mike Hoi: definitely