I shorted at 88.35 then 89.40. it's trading higher already. am I going to lose big??? I will hold no matter what though until I lose my whole account (about 250k)
Sentiment: Strong Sell
Dumb Idiot!!! Serves you right already 90 plus after hours. If you had some brains you would have bought some Puts to fulfil your foolish ambition Dumb fool. Atleast your entire portfolio would not be at risk .
Stupid maggot!!! You will be another looser squeezed out.
Yes you will loose that 250k . Very obvious. This stock will not fallback until next earnings release. You are betting against Elon musk he's a 100 times smarter than you. Follow the trend dont try to be a superhero catching a top it just will not work.
It will torture you and give you sleepless nights just cover it once you see a dip and wash your hans off. If it had to pullback it would already have done that. Observe the price action this is just not short covering There are folks buying this as well.
For long term, you have to treat this as a commodity that should be trading with PE of 10-15. With its market cap already at 10B, it is 1/4 or 1/5 of GM or Ford already. Tesla isn't the only company producing electric vehicles at the moment and soon the market will be inundated with such from each and every manufacturer. The question that should be asked is, "Is this company as big as GM or Ford?" If so, it should have a market cap similar to them which is 5x the current stock price.
Idiot!! People like you make the big guns Rich!!! You dont have a bit of common sense . Trying to catch a top on the stock when its in the squeezing mode.
Haven't you seen what happened to LNKD 2 quarters ago. It went parabolic without a single decent pullback. dont burn your money , there are other stocks out there.
you must have a lot of money to gamble. you shouldn't have shorted a company which sells a product that is about to take over the automotive revolution by storm. This company will be worth over a 1000 bucks in a couple years. but in the 200 range by next year. They are the first independent car company to last this long and actually make a profit in decades. The fact that they have aa 99 out of 100 on ratings tells you that this is the new Microsoft or apple etc. This is the one stock you can bet will be going up in ridiculous amounts. It won't slow down for at least 4 years.