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Tesla Motors, Inc. Message Board

  • equityrich equityrich Aug 26, 2013 11:25 AM Flag

    Tesla to $1000 on backs of shorts

    The shorts should power Tesla over $1000. The stock disconnected from fundamentals over 150 points ago. Shorts don't understand that these things can go way beyond fundamentals. Momentum and technicals matter to the ticker. The company or what it sells does not matter. This is what shorts miss. They think the company, profits, etc matters.

    Take a look at money losing amazon. Lost money for 15 years and probably another 15 coming. It will take 20 years from them to recoup the losses and turn net profit as an enterprise. Doesn't matter though. Suspension of disbelief. It can last months and years. Sometimes even decades. It does end but shorts will go bankrupt before it does.

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    • Wow, just wow. "The company or what it sells does not matter." Looking for a contrarian top signal ? Ladies and gentlemen, we may have the proverbial moment the shoe shine boys started giving advice.

      Sentiment: Strong Sell

    • The thing about this one that makes it interesting is the product is rated top notch. The car business is very difficult however how many new car companies had a grand slam quality wise on their first model like TSLA? fundamentals are not all that matter. when stocks are getting killed like 5 yrs ago at a given point everything was a sell fundamentals or not.

211.34-3.86(-1.79%)Aug 30 4:00 PMEDT