FCAU + 4%
BMW + 5.8%
Daimler + 1.5%
VW + 0%
TSLA - 10%
where is the future again?
I think TSLA has lost a lot of supporters on this board for fear of things that are not related to Tesla performance.
For this TSLA share price recovery may become difficult even with good news.
Short sellers have scored huge victories here, financially and psychologically.
When strong longs like Curt cash out of TSLA 100%, shorts celebrate!
They sense the capitulation, as other formerly strong longs also cash out 100%.
Short interests have now been richly rewarded for their efforts.
Naked shorting by MM’s has been so successful, expect it to only get much worse from here.
I won’t sell TSLA, even though I need the cash. Not leveraged, and don’t play options and don’t gamble.
I know I am being manipulated, that my interest as a shareholder is held in perfect contempt by the Market Makers of Wall Street, and their employees at the SEC. I know they think that we investors are there to be “harvested.”
But I’m stubborn that way. Probably going to end up in the poor house over it, since I likely won’t have enough time to make it up. But without TSLA I see no future for our children, so shorts will just have to shoot me, I’m not going to reward them.
I am invested in the company and not the stock, and as far as I can see the company is still performing better on its fundamental mission, than any other entity I know of on the earth, public or private. Tesla Is working for a better future faster, and more effectively than any government or industry player I know of.
My daughter will inherit my TSLA shares, for + or -, and with that, maybe a little hope for the future of life on this planet.
My sense of hope is following the market today.
Sadness and disappointment growing in inverse proportion.
Most everything is shut down around here, schools and universities closed.
Even churches, or any gatherings of friends for coffee have all been cancelled.
No place to go, can’t work, can’t make extra cash.
Just have to hunker down, stay home, and live with less.
BTW, is Covid-19 really a more serious threat to our future than climate change?