You are right about somethings about Tesla, but take a look at the 6 months graphic, it's bullish. Yes, the model 3 is late but won't take a dive of 40%. it's up in the last 24h.
You are viewing a single comment's thread from:
RE: Guess I Was Right About Tesla
we will talk again. I gave the warning and explained the reasons.
Kyriaco, foreseeing prices of shares should not be lightly undertaken, especially when you have no idea of what is going on behind the scenes. I understand you consider yourself a philosopher - I do not think that qualifies you as a financial advisor.
This reply of mine is 15 days after your post was made (and I presume the Goldman Sachs announcement). I just checked with Nasdeq
What brokers announce is not for the good of the normal small investor, it is more usually to panic them into making wrong decisions that will benefit themselves and their huge investors. You should not be abetting them, unless you are being rewarded by them - as Soros philosophises, making a profit justifies every and any thing, even loss of lives.
As for your other reasons, I do not agree with them either. As a businessman, if I decide to take the plunge in investing in a new technology, I think it over ten times, get all the facts and advice I can - and then make my decisions. It also means I know there will be hiccups along the way, but I must not panic, for I am banking on the proven ability of the inventor in overcoming problems of technology.
Of course there always remains the possibility I may lose, but the returns, if I do not, are so high, that the risk is justified. Also, another point that belies your claim, most investors will only invest what they can afford to lose or else, find other ways of covering their arses.
Sure, sure. stay tuned. Let's watch your 101 analysis get REKT.
https://www.cnbc.com/2017/10/25/tesla-firings-spread-across-solarcity-employees-blindsided.html