My stock is not for sale. If I was confident that the price would come down to 20 bucks again, I would certainly sell and buy back in. But, I have a feeling there just aren't a lot of shares available, so even at this inflated price, there won't be enough selling pressure to drive it down that much.
That's the point. This stock has a very small float, as I understand it. That's why it zoomed to over $100 eight years ago when buyers were rushing in.
But I agree. Sooner or later, the momentum has to stop. On the other hand, unless this is pump and dump, the big buyers are the only ones who are really going to move this stock back down. It will settle and consolidate slowly as little fish like you and me take profits.
Yep, I rode this sucker from $12 ro $113 eight years ago! So I have been long ELON for a long time. But you gotta know when to take SOME profits. Just good investment sense. But some dorks on this boards consider that "bashing"! To each his own...