Spots of support for TSLA are breaking out all over CNBC.
I'm happy to admit, I'm relatively new to the investing world - but being the information sponge I am, I think I've picked up a decent understanding of the workings of it, especially as it pertains to TSLA, the only stock I'm significantly invested in, and the only one I'm convinced beyond any shadow of a doubt still has up to a 10x valuation increase or more in store in the years to come.
To anyone like the majority of the people who've been paying attention on the board here, nothing has really changed about the wisdom of investing in TSLA at any point in the last 8 months. TSLA's value is almost entirely tied up in Model 3, to the point where nearly everything happening day-to-day right now doesn't matter at all.
Through the fall, while we were on the slide down to 180, all these analysts start cutting price targets and advocating selling. Now that we've had the meteoric rise of the last 2 months, they're starting to about face and raise price targets and advocate buying.
No wonder the unwashed masses that just blindly follow these idiots frequently lose money!
I don't know if we continue up from here to ATH and beyond, but I do know that buying anytime in November or December was a substantially better idea than buying now, and that ought to have been blindingly obvious to anyone who knew what they were talking about then. I considered utilizing a large-for-me line of credit I have access to in order to back up the truck even more than I already had. I chose not to, because I don't like being indebted, but it was a good idea, the profits would have outstripped the interest costs hugely.
