Whistle blower is coming forward about the way Oracle accounted for its cloud business. AWS employs similar accounting principles. The shell game will be over soon.
We have all seen this before. Company uses questionable moral and legal judgement to increase profit margins and drive stock price up. Insiders sell. Someone sniffs around and realizes the company is unscrupulous. Rumors swirl, then facts are brought foward. Lawsuits and legal actions follow. Company is on the hook for massive damages, reorganizes under bankruptcy, shareholders (and victims) get nothing and company is reborn under a new flag to do all over again.
Going to zero. I have an air test and a material test pending and will post when they are final, but these guys are corrupt and crooked. There will be nothing left once the lawyers pick their teeth.
This is going to zero. Maybe not in a straight line, but if you can find shares to borrow short, then you will make around 28 from todays price. They will be liquidated to pay for damages and to consumers and investors.
No, but they will watch lots of TV in their homes, including Marvel movies, ESPN, and Disney Channel. Disney's business model is not just theme parks and movie studio releases.
Pucker up buttercups!
Any rally will be sold from this point forward. It will take months, perhaps years to grind back to that 6 number it posted before the crash. With market rolling over on the longer term charts, it is time to seek shelter and protect your capital
would you expect gaps to be sold since we now have overhead resistance from the supply created during Tuesdays crash? Would have to think there are shares ready to offer in the 5.to 5.60 area. Will there be enough demand to buy up the supply is the question. It took a lot of powder to bounce off 3.91 back to 5.
I agree with you. 30% market cap swings are not what you want to see in a company that can be easily manipulated due to it's relatively small market cap. Any fund with with over 10 million under management can lever up enough to have it's way with this thing.....under the radar, slow and steady is where we want to be.
They shook off some weak hands before the breach of 100......did so again at 150.....this is the 200 shake off....Generational stocks like AMZN, GOOG, NFLX, APPLE don't just go away. TSLA is a generational stock that should bought on every dip and held on to for your children and grand children to own.
was selling this thing at 150 on earnings announcement...I looked like a genius for a few days when it went into the 130's....but I will never have a chance to get it back now.....good luck to those with the fortitude to stay long even after a four banger....I couldn't do it.
Market has been getting punished for over two weeks now. If you are a short player, and you haven't made money in last few weeks, you need to find better places to short. Even if TSLA weakens a bit here, the market is ready to bounce and will support any selling that may hit the TSLA market.
Super strong momentum stock. Every portfolio manager wants a piece, every dip is bought, the shorts keep trying and are forced to cover....there is no news pending that will stop the momentum
Gasoline is 100% fossil fuel......what's your point? I suggest you cover your short on the next scary down day and flip long.
I disagree. Tesla is a disruptor. Besides the technology, they are also selling direct. Look at the political disruption they have cause in New York and North Carolina amongst others. The dealership lobby is in panic mode. That is the definition of disruption!
Missing volume. A "classic" blowoff top would gap up to new highs on some news and volume event. This is not even close to a classic blowoff. This is some weak handed holders that are taking money off the table heading into earnings. Likely some smart money that has large profits built in and is hedging by lightening their position. Also some fresh shorts looking to gamble on earnings, they haven;t had enough yet. All in all nothing is signaling a blow off, if anything it is more of a rest before the next big move higher. Personally, I wouldn't buy here, but that is likely why it is going higher, that is the harder trade to make. Easy to sell something so "overvalued" by the "pros". Easy to sell something that has run so dramatically. The easy trades rarely work out.
The days of the "dealership" are numbered. Tesla is going to change the industry by selling direct. That is why people are having a hard time figuring out the multiple. Industry changing companies are very hard to figure out. Google has been over valued by standard accounting metrics since it went public....you can not account for game changers....not in sports, politics, or economics....Tesla is a game changer to the automotive and fossil fuel industries.