anticitizen13.7
Not posting at TMC after 9/17/2018
Nobody likes to see the value of their portfolio fall, seemingly on the whims of analyst reports, but the drama is getting ridiculous.
There are macro conditions (general market uncertainty, China, etc.) that weigh heavily, and after a 6+ year Bull market, there is bound to be some pullback.
Forget the fantasy talk about "no problems with Model X" and "Tesla should partner with VW". None of this will lead to sound investing or even trading. Nobody is likely to be setting up traps for bears, and even if they are, there's no guarantee that they would work.
In times like these with wild short-term price swings, there's only one important fundamental question: Is Tesla Motors still on track to profitably bring a mass-market luxury BEV to the marketplace?
If you think the answer is yes, there is no reason to sell. If you don't believe in the company mission anymore, then sell.
I'm not happy AT ALL with the Model X rollout, which has to this point obviously been botched (4 months after reveal and initial deliveries, there is no :cursing: way that there's no problem if deliveries are basically stalled), but I don't see any indication that the company is off track on its primary mission.
There are macro conditions (general market uncertainty, China, etc.) that weigh heavily, and after a 6+ year Bull market, there is bound to be some pullback.
Forget the fantasy talk about "no problems with Model X" and "Tesla should partner with VW". None of this will lead to sound investing or even trading. Nobody is likely to be setting up traps for bears, and even if they are, there's no guarantee that they would work.
In times like these with wild short-term price swings, there's only one important fundamental question: Is Tesla Motors still on track to profitably bring a mass-market luxury BEV to the marketplace?
If you think the answer is yes, there is no reason to sell. If you don't believe in the company mission anymore, then sell.
I'm not happy AT ALL with the Model X rollout, which has to this point obviously been botched (4 months after reveal and initial deliveries, there is no :cursing: way that there's no problem if deliveries are basically stalled), but I don't see any indication that the company is off track on its primary mission.