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"Shares of Tesla Motors Inc. fell $12.05 to $180.95 — the stock's biggest one-day decline since July 16." Wow, the entire value of the last 14 days worth of gr
by mseebach 13y ago
"Shares of Tesla Motors Inc. fell $12.05 to $180.95 — the stock's biggest one-day decline since July 16."
Wow, the entire value of the last 14 days worth of growth was wiped out in a day. It's not a "tumble", it's a full-on bloodbath!
- vacri 13y agoI was thinking the same thing. I've never been walking down the aisle of a supermarket, seen a 5% off sale on something, and thought "wow, those prices are tumbling". It's like here in Aus, for quite a few years house prices were increasing 20-30% each year. After it plateaued, a decrease of 1-2% is described in the media as 'free fall' or 'crashing' or any number of other fear-mongering descriptors.
- graiz 13y agoI own some TSLA stock and in my opinion it's a blip. The stock is heading north of 200 before the end of the year, it's just a matter of velocity. The historic velocity is so much faster then any other company that I expect corrections on a weekly basis. Stock trading is often emotional like a poker player that goes on-tilt. The savvy investor actually sees buying opportunities at moments like this.
- davedx 13y agoLikewise. I'm long TSLA and staying that way.
- revelation 13y agoLots of day traders on TSLA. Nothing makes them jump ship faster than someone shouting 'fire!'.
- a-priori 13y agoTo me, that sounds like a good time to buy.