Look at what is happening in retail. Now what can be more powerful than retail. Traditional brick and mortar stores are loosing sales at an astounding rate to Internet retailers because the consumer wants this. When people find other ways to bypass dealerships like buying cars on the Internet, watch and learn what happens to the powerful auto industry. Ain't gonna happen tomorrow but as sure as there anything, it's a-comin'.
The power of the auto industry is nothing compared to the power of the consumer and citizen. They have brought down governments all over the world when they want change. Watch and learn!
Unfortunately for Tesla, they are a wee bit too early. This is just a story short term. In two years from now, this dealership exclusivity will no longer exist in any state. Free enterprise will dictate that automakers can sell directly to consumers. Let it be said as it will be done! Anyone who can not read the tea leaves now is naive.
as it should!
I have come to the conclusion that it must really suck to be a short right now if you own Facebook.
I've heard this song sung before with Google, Tesla, Priceline and the stock just kept going higher. Some people just don't learn the easy way.
We like smoke and mirrors....we like smoke and mirror alot. Oh, and if you make some money, may I suggest some English spelling lessons. Thank you!
Obviously you must be right because teens started abandoning Facebook a few months back when the stock was trading at $55. I guess you are smarter than Mr. Market. LOL. You are too funny!
I remember reading a similar post as yours back in 2005 when Goggle was $150. Many were coming on this very board saying the same thing....yadda, yadda, yadda. We all know how that story is playing out. Always be humble and never try to outguess Mr. Market by saying 'when the inevitable fall occurs' because you like everybody else cannot tell what the future will hold for this or another company.
No bubble, lots of money on the sidelines wanting to come in. Clean your glasses so you can see better.
You must enjoy gambling. You can also count on the fact that FB will be higher. Why not just stay in rather than risk it moving away from you. The trend is your friend and the trend is moving north.
Lots of amateur pundits on all these message boards trying to inject logic in how these stocks move. They pontificate during their coffee breaks at Walmart. Smart money on the other hand follows the money flow and rides the momentum as these stocks are forward looking. They understand the adage 'the trend is your friend' I guess that is what makes a market. Smart money act while dumb money pontificate and let the parade pass them by.
Irrational exuberance is good......real good! Irrational exuberance made me alot of money in Tesla, Facebook and Priceline. Yeah, man....irrational exuberance is good....real good! It's all about money, and whatever makes it works for me. Now enough about me....how are you doing?
I guess there are lots of wealthy morons these days! The market has less to do with logic than it does with sentiment, or have you not learned this yet.