We shall see Rimm, if the market doesn't tank, earnings are Apr 25th, so it really has a chance to hit $400 again actually. Double top?
Yes , 5 years ago FSLR was going to be leader in Solar, everywhere there was going to be Solar, only stupid people did not see the future based on what longs were saying. $300- $20, now $50s.
But I am sure TSLA which makes it's revenues from cars, is the next AAPL.
Good point, every company is another Apple, especially a car company with a lot of capital expenditures.
Tech, it has been a long time since 2000, so I forget some of it, but never seen so many huge billion dollar companies with no earnings. I am looking at WDAY today, $20 billion company, no earnings but it is growing revenues good, but not to support a $20 billion company. All the analysts are cheering.
Of course the biggest joke of them all is still AMZN.
TSLA+WDAY+CRM+NFLX+AMZN etc etc , so many stocks with a huge story behind them, but no earnings to be talked about right now.
Everything was going to be solar, they were the leader etc etc Longs, just protect your gains. TSLA is not a tech company like AAPL, MSFT, GOOG, FB, TSLA is a car company which has amazing tech. Car companies have amazing amount of cost unlike real tech companies.
I have no doubt TSLA will see under $100, but not sure where it goes in the short term, could see $300+
I agree, TSLA will see under $100 in the near future, however, while Nokia slept at the wheel, AAPL got their lunch, same with YHOO and GOOG, so definately someone else can come up with a better product and crush giants.
Having said that, the car game is very capital intensive and costly, so I don't think TSLA will become mainstream like the stock suggests, but it will be a niche market.