I'm not short but giving it serious consideration. Good future for the company but current stock price reflects almost everything going perfect. If I buy at 91 now, it has to go higher to make money. It feels more likely that a breather is in order.
People are overpaying now. 12 month targets are about 90.00 yet people think that means today....
no matter what the news was.
will keep an eye on it
Too hard to predict where to re-enter...
I'm thinking tomorrow will be around 210 or so.
Thanks a lot Elon....
It's always been about subscribers. IF it slows down, market won't be as forgiving as the past.
Even if they sell any assets that are valuable, they would have to sell them at quite a premium for shareholders to be happy. Most of those assets were already purchased at a premium so what makes you think they are worth so much more now? Besides that, earnings will come down with each sale of assets. It's just a loser stock now.
No reason for it to go up much from here.
None whatsoever. All bad news. No knew catalyst to look forward to.