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And yet, the fact that past speculators blew out their shorts has no bearing on whether the stock is presently rich.
by totalZero 6y ago
And yet, the fact that past speculators blew out their shorts has no bearing on whether the stock is presently rich.
- aurizon 6y agoIt is hard to say how well Tesla will complete their giga factories and bring them into production. The Chinese one was a Tour de Force, if Texas and Germany get completed and into production in a similar way to defeat the gathering forces of the IC car industries electrification efforts then the share price will tend to flatline as Tesla and reality meet. If the IC car makers create a few years of crappy products(as is likely) their stumbles(which Tesla has already put behind it, I hope), then it may even go higher and the short-fry will become epic...
- jfengel 6y agoIt has a bearing on whether future speculators will be able to remain solvent longer than the market can remain irrational.
- totalZero 6y agoThe outcome of a past coin toss tells us nothing about the outcome of a subsequent toss.