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People have double standards seriously :
Tesla Inc (TSLA) On Watch As Gov't Approves Self-Driving Proposal
If the article would be the contrary : disapprove. I'm sure the SP would fall right away 5%, even if it would be something neutral like " on hold " or something. Here it is clearly positive, yet no one cares...
Tesla Inc (TSLA) On Watch As Gov't Approves Self-Driving Proposal
If the article would be the contrary : disapprove. I'm sure the SP would fall right away 5%, even if it would be something neutral like " on hold " or something. Here it is clearly positive, yet no one cares...
ev-enthusiast
Active Member
MartinAustin
Active Member
Facebook is already +40% year to date, and Netflix 48%.
Tesla is 52% with a huge launch coming in, whereas the other 2 companies are doing the same thing for the last decade.
People just don't appreciate value
Tesla is 52% with a huge launch coming in, whereas the other 2 companies are doing the same thing for the last decade.
People just don't appreciate value
I'm having a hard time understanding the action this week. The longs that were smart and picked up shares after the drop to the 320 range aren't going to be selling. The weak longs all sold during the drop. Over 6 million shares today traded hands today. To buy and sell little dips seems like a waste of time. With so many shares sold short, I am starting to wonder if much of the activity each day is from new shorts selling and older shorts covering, with a daily rinse and repeat.
bdy0627
Active Member
Yes, I think that's exactly what's going on. Shorts are selling heavily, usually early in the day to try to set the trend, then covering somewhere near the bottom. Much safer and smarter to day trade this way then to hold for a possible huge long term move.
And maybe day - traders are getting in on the dips and then locking in gains at end of day. End result is stalemate... and mid 320s?
And YTD AAPL is up about 30% with only updates to existing product lines, no new products that I'm aware of. And I don't think they will be reporting a 40 - 50% increase in sales for the year.Facebook is already +40% year to date, and Netflix 48%.
Tesla is 52% with a huge launch coming in, whereas the other 2 companies are doing the same thing for the last decade.
People just don't appreciate value
Don't forget, AAPL got the Warren Buffet seal of approval early this year.
I think you all got it wrong on the market action. It is just machines trading machines using patterns us humans cannot see. So the action makes no sense. That is until someone big comes in and starts buying to hold the stock for good. Until then it's noise.
Waiting4M3
Active Member
Another way to see it is that this potentially means that even after Tesla's success becomes obvious, maybe by the 5th GGF, there will still be another decade of double digits PPS growth.Facebook is already +40% year to date, and Netflix 48%.
Tesla is 52% with a huge launch coming in, whereas the other 2 companies are doing the same thing for the last decade.
People just don't appreciate value
Yep, I'm quite aware.
Just pointing out that the usual troll arguments don't always apply to companies similar to Tesla, though AAPL is definitely further along in its development history.Market action.... Tesla gets picked by new ws analyst and a price target increase.
Tesla stock initiated as neutral/high risk at Citi with price target 10% above current price
Tesla stock initiated as neutral/high risk at Citi with price target 10% above current price
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