$TSLA thread update
it hit a high of $774 today. that's a split adjusted price of $3,870.
that's higher than $AMZN 's fat ass $3552 all time high. yes, $TSLA caught up with AMZN's stock price (not marketcap), & is ~$30 away from replacing $FB as the world's 5th largest company
it hit a high of $774 today. that's a split adjusted price of $3,870.
that's higher than $AMZN 's fat ass $3552 all time high. yes, $TSLA caught up with AMZN's stock price (not marketcap), & is ~$30 away from replacing $FB as the world's 5th largest company
https://twitter.com/team3dstocks/status/1331238598050541568
As someone who uses fundamental analysis daily, does this make sense on a fundamental level?
FUCK NO !!
Which is why i constantly remind u fucks that fundamentals are just 1/3rd of the thesis (the other being TECHNICALS & sentiment).
SUPPLY/DEMAND imbalance is EVERYTHING !!
FUCK NO !!
Which is why i constantly remind u fucks that fundamentals are just 1/3rd of the thesis (the other being TECHNICALS & sentiment).
SUPPLY/DEMAND imbalance is EVERYTHING !!
A stock can be as overvalued as a "made in Zimbabwe" iPhone or as undervalued as a fat chick's self-esteem, but as long as MORE people are aggressively buying than ppl are aggressively selling, the stock will go UP. period.
So trade on the side of the imbalance UNTIL it shifts.
So trade on the side of the imbalance UNTIL it shifts.
As mentioned before, i dont give a shit about Elon or $TSLA's absurd valuation.
All i care about is profiting off the volatility. Once the tide changes & longs are fucked, ill be glad to take their $ daily as well. But until then, GRAB CALLS ON WEAKNESS like there's no tomorrow.
All i care about is profiting off the volatility. Once the tide changes & longs are fucked, ill be glad to take their $ daily as well. But until then, GRAB CALLS ON WEAKNESS like there's no tomorrow.
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