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Good luck with that.
by lucisferre 2y ago
Good luck with that.
- misiti3780 2y agoIt cant go on forever.
- bradlys 2y agoIt can go on longer than many of us can afford to keep shorting it.
- gizajob 2y agoYeah but the growth happens over months - the shorting will be done in a couple of intense days.
- Sohcahtoa82 2y agoGood luck timing it. Shorting because it's dropping and then covering when it's going up how you end up losing money. By the time you see the short opportunity, or the opportunity to cover, it's too late. It's just like buying because something is going up and selling when it starts going down. It's a recipe for buying high and selling low.
- gizajob 2y agoSure is. Nvidia buyers right now couldn’t be buying any higher though, and they’re still buying. I get a feeling like the shorting opportunities will be apparent when they present themselves. I’m not looking to put my house on shorting it down any time soon though, but I’ll be surprised if there isn’t some big corrections and market pain in the next 12 months the way this is going. And if not 12 months, then the results day where Jensen doesn’t report a beat-the-street record quarter is going to be a bad day for the price, whenever that day comes.
- IncreasePosts 2y agoThis is what people have said about TSLA for like...a decade? And there have been only maybe 3 or 4 good times to short the stock, all obvious in retrospect.
- gizajob 2y agoYeah but which direction is the Tesla price heading at the moment now the hype has died off?
- misiti3780 2y agoI suspect TSLA is about to have another run here in the next year or so.
- gizajob 2y agoIf they genuinely solve self-driving, then it seems like it. Tesla three years ago didn't have any competition and now they do, so big differentiation is needed, and FSD would be it.
- Sohcahtoa82 2y agoBased on my experience with it a couple months ago when they gave everyone a 1-month free trial of it, Tesla is close in that it handles 95% of situations perfectly. But it's still incredibly far away because that last 5% is going to take many more years. There were some parts that genuinely surprised me in how good it was. For example, I drove through a construction zone where there were cones on the ground diverting cars out of the painted lines on the road, and FSD followed the cones and drove over the lines without complaint. It handled my neighborhood road that is kind of narrow and has cars parked on both curbs while going around turns flawlessly. That said, when making turns without a traffic light, it's SUPER cautious, enough to absolutely infuriate anybody driving behind you. And it STILL struggles sometimes when one lane turns into two. It will ride the middle until it's basically driving on top of the line, then SWERVE into one of the lanes.