Tesla: The Great Short

[sammyg2]

LOL I got back in at $792
That's about three times what it's worth but I'll take it.

[RWebb]

Originally Posted by silverc4s

Sure is quiet in Tesla Short World...
Closed at 1025 today, now the most valued car company on the planet.
Anyone feel up to some smart comments???

Jim Cramer just said to buy it, so that is a good signal to short it.

[Por_sha911]

Originally Posted by sammyg2

I still think the stock price a joke but if millions of people disagree and want "invest in the future",

And that sums up the entire system of the stock market. I call it the "Another sucker principle". You are gambling that someone thinks it is worth more than what you paid.

[RWebb]

You are gambling that a stock will be worth more than what you paid plus inflation (ex Divs.).

In aggregate, that has turned out to be a VERY good gamble.

[svandamme]

Originally Posted by silverc4s

Sure is quiet in Tesla Short World...
Closed at 1025 today, now the most valued car company on the planet.
Anyone feel up to some smart comments???

Stock value has never been a real measure of worth of anything.
people jump on the bandwagon , Stocks get inflated..

Then some people cash in.. get rich even... and at some point stock deflates.. and people who were last to buy into it... well, they loose.

Happened with Tulips back in the days in Amstedam
Happened with L&H in Flanders..
Gold prices

Stock value is only relevant to the owner, at time of buying or selling it.
All the rest, is virtual money , it's not real!
It's simply based on "expectation" and expectation quite often is set way to high.

In the end , the only thing that matters, is the value when a company is bought up by another one , because companies typically do not buy on emotion to flip, but buy when they think they can
- do a bargain
- expect future profit to cover the purchase price
- Need something that company has (Tech/IP, real estate, subsidiaries)


Might as well invest in a ponzi scheme.. and then state "it must be good, because look at home much money I made so far" when some as an early investor , you managed to get good money out of the scheme..

Has Tesla ever managed to make a profit on par with all the investments they have taken to get this far?
nope.
Revenu.. yes
Profit... very poor results



You can add up all the quarters with a profit.. and subtract all the quarters with a loss.
and there has not ever been a significant profit, ever.

No share holder has ever received a dividend. ever.
They claim they use all profits for growth.. but in fact they have grown only by the good grace of new investment capital...

[red-beard]

Originally Posted by svandamme

Stock value has never been a real measure of worth of anything.
people jump on the bandwagon , Stocks get inflated..

The issue with most of the tech stocks, lots of shares but only a very small number are able to be traded. And a lot of demand for the stock. This is the Amazon syndrome, from back in the late 1990's.

[widebody911]

https://electrek.co/2020/06/10/tesla-tsla-becomes-wolds-most-valuable-automaker-hits-1000-per-share/

[sammyg2]

[sammyg2]

Originally Posted by widebody911

https://electrek.co/2020/06/10/tesla-tsla-becomes-wolds-most-valuable-automaker-hits-1000-per-share/

That didn't last long.

[Por_sha911]

Originally Posted by svandamme

Stock value has never been a real measure of worth of anything.
people jump on the bandwagon , Stocks get inflated..

Then some people cash in.. get rich even... and at some point stock deflates.. and people who were last to buy into it... well, they loose.

Happened with Tulips back in the days in Amstedam
Happened with L&H in Flanders..
Gold prices

Stock value is only relevant to the owner, at time of buying or selling it.
All the rest, is virtual money , it's not real!
It's simply based on "expectation" and expectation quite often is set way to high.

In the end , the only thing that matters, is the value when a company is bought up by another one , because companies typically do not buy on emotion to flip, but buy when they think they can
- do a bargain
- expect future profit to cover the purchase price
- Need something that company has (Tech/IP, real estate, subsidiaries)


Might as well invest in a ponzi scheme.. and then state "it must be good, because look at home much money I made so far" when some as an early investor , you managed to get good money out of the scheme...

Or, we can boil it all down to 4 words "the another sucker principle"

[widebody911]

https://www.reuters.com/article/us-tesla-shares/tesla-becomes-most-valuable-automaker-in-latest-stock-rally-idUSKBN2426E8

[RWebb]

You mean.. they aren't dead yet????

[svandamme]

Originally Posted by widebody911

https://www.reuters.com/article/us-tesla-shares/tesla-becomes-most-valuable-automaker-in-latest-stock-rally-idUSKBN2426E8

yes everybody BUY MORE !!!
Can't go wrong !!

[sammyg2]

Not dead yet. Up 41% in 6 weeks. that'd be good beer money iffn I drank.
But my trigger finner is itching........

TSLA
last price
$1,119.990 +$40.18

Today's gain/loss
+$160.72 +3.72%

Total gain/loss
+$1,311.83 +41.41%

Current value
$4,479.96

quantity
4.000

cost basis
$792.03/Share
$3,168.13

[sammyg2]

A fool and his money are my best friends.

[sammyg2]

LOL it's just getting silly now.

Tesla, Inc. (TSLA)

1,310.67+102.01 (+8.44%)
As of 2:21PM EDT




EDIT:
Less than 4 months ago it was at $361. now $1316.
Cracks me up.

[group911@aol.co]

So, you haven't ordered any of his short, shorts? https://shop.tesla.com/product/tesla-short-shorts

Originally Posted by sammyg2

LOL it's just getting silly now.

Tesla, Inc. (TSLA)

1,310.67+102.01 (+8.44%)
As of 2:21PM EDT




EDIT:
Less than 4 months ago it was at $361. now $1316.
Cracks me up.

[sammyg2]

Lemmee know when they start selling long-johns.

[red-beard]

Tesla has a Market CAP of 5 times the combined value of GM and Ford. And has never has never turned a full year profit. And sold World-wide one third the cars Ford alone sold in the USA.

[widebody911]

Originally Posted by red-beard

Tesla has a Market CAP of 5 times the combined value of GM and Ford. And has never has never turned a full year profit. And sold World-wide one third the cars Ford alone sold in the USA.

Is this the part where someone explains there is no relationship whatsoever to stock price and profitability? There are companies with valuations of 8 to 10 significant digits that have never turned a profit, and probably never will.