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If TSLA was 'very forward-looking', it wouldn't be so volatile. People are just gambling on stock value. Nothing more, nothing less.
by chasebank 5y ago
If TSLA was 'very forward-looking', it wouldn't be so volatile. People are just gambling on stock value. Nothing more, nothing less.
- martythemaniak 5y agoIt's precisely what makes it so volatile. People are pricing in things that have not happened because they think they're very likely to happen. Then their opinion changes and the stock tanks. Trading on sentiment is not my cup of tea, btw. If you wanna buy and hold TSLA today, you pretty much have to be convinced that their FSD and TeslaBot plans will become reality.
- nazgulnarsil 5y ago+1 I'm not in TSLA but it's pretty obvious the price reflects bets on things like becoming a utility scale storage provider etc.
- TuringNYC 5y agoMost equity investments are gambles on stock value, especially early-stage private tech startups like the ones many of us here work at. We look at the product, exec team, and the marketplace -- and we make an educated gamble.
- epgui 5y agoOn the very contrary, the more forward-looking something is, the more volatile it is likely to be. Nothing is more difficult to predict than the future after all.