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We've all known that the correction was coming for a long time. TSLA was an awesome stock, and it will be again. But I'm glad it's happening now, the sooner th
by JonSkeptic 13y ago
We've all known that the correction was coming for a long time. TSLA was an awesome stock, and it will be again.
But I'm glad it's happening now, the sooner the correction is over with, the sooner we can get a sane valuation, and the sooner people can focus less on how ridiculous the price is, and more on how freaking awesome the cars are. (Fires and all)
- kirpekar 13y ago>> We've all known that the correction was coming for a long time. Sorry, but NOBODY (much less we all) can predict short term stock movements. If I KNEW a correction was coming, I'd be a billionaire by now.
- larrys 13y agoWhat do you mean by "TSLA was an awesome stock" exactly?
- JonSkeptic 13y agoI mean that I hope you sold recently. It'll be a great time to buy soon, but now it's finally a good day in shortville.
- jusben1369 13y agoI think you're mixing up some fundamental issues here. I don't think cars catching on fire is a stock correction from a frothy market. Stock corrections come from missing earnings by 5 or 10% and taking a 30% haircut. Your car's catching on fire can destroy your company if it goes on too long. It likely will cost you large sums of money's in recalls.