Don't agree with you regarding ease of "recognizing patterns". Actually, I think the only people who can make money trading are the big boys on Wall Street and the Hedge Fund guys. They have everything we don't. They have mountains of cash, inside information, proximity to the Street, ability to move markets, super fast computers, and on and on. For trading, we are like a Little League batter against a Major League pitcher.
Gotta guide down so the same old quarterly report headline can screech" Tesla beats on this or that, and also beats on that or this. Then talk about non gaap "earnings", Then about projected sales, and non gaap earnings, and cash flow in 2020. How long can Wall Street keep this thing propped up?
No, we are not "haters", which by the way is a silly, juvenile way to post a message. The difference is that we can read financial statements, and you don't know how.
It is very unlikely that Apple would ever buy Tesla, and if they do, it won't be anywhere near $200 per share. A purchase at $200 per share, and the natives would burn down the Cupertino HQ.
Likely it is done for the day. The big firms have turned off their computers on this one. They got what they wanted for the day. Legal, but unethical computer trading.
It is apparent that the big boys with automatic computer generated trading programs took over this stock between opening bell and 10:30 am today. SEC really should not permit this type activity because it only benefits the big firms. No way a stock like CCCL should trade in a range this large in one day. Manipulation, plain and simple.
At this point, I think you buy CYD for the dividend even though the amount is not predictable. I was fortunate in buying in about 10 years ago between $5 and $6 per share, but that was when ownership and control issues were at risk. Quite a tumultuous time. I am holding, but mostly for the dividend. A very interesting company.
Same way our US Treasury repays its notes. Your new borrowing has 3 elements. Enough to payback principle due, and interest due, plus another 10% for new spending. This Elon high finance is really not that complex.
Elon thought Tesla would be generating a lot of cash at this point, and is surprised at how much more cash he needs for the GF, and that Panasonic has stiffed him.
Another retail "trader" who goes in and out of the market and beats the big boys on Wall Street, and the Hedge Fund guys. They have a billion dollars and you have a few thousand. They have super computers, you have a desk top. They have programs designed by the smartest guys on the planet, you use Charles Schwab. They have inside information, you read Yahoo. And you win. Yea, right.
I repeat: I do not hate Tesla. That is your choice of word. I've read this board for 2 years and I have never read a post in which someone said they"hate" Musk or Tesla.