This is no overly abundant endorsement of either bullish or bearish indications from NASDAQ fire-tech-stock Telsa. In fact, my gut instinct from the last time I tried a short (while trading at roughly 1050 per share) resulted in the stock rallying and burning the re-position for a loss. That, since, has signaled $TSLA as something this beginning investor loves being a shareholder of, but not a position or holding I try any longer to predict or manipulate. In this stasis, I find confidence, because...OPINIONS, currently, on $TSLA are ranging **ALL** over the board. There are no consistent lines of thought that can be accorded to as the norm or the majority.
The takeaway here is decidedly and intentionally both ethereal and non-concrete: No one really has any clue what to make (of or about) Tesla. You can find people to agree with you if that is your game, but with no real guidelines for the behavior of this stock (Though i did read an allusion to Apple that made sense, citing its early 00s bust of -500%)...As I feel I have guidance, I'll share it, but It will not be with an air of authority. This is a stock, again, I am happy to be a shareholder of, but I can't pretend to have guidance on its ultimate market value, nor its short-term future. I am hoping it is a "retirement" type of stock. Thanks. I am very long on this and bought it on March 20th with the notion I would probably never abandon it. Take that as you may.
Happy Trading and to all the Bears and Bulls alike, May the Odds be Forever in your Favor!
-BDR
The takeaway here is decidedly and intentionally both ethereal and non-concrete: No one really has any clue what to make (of or about) Tesla. You can find people to agree with you if that is your game, but with no real guidelines for the behavior of this stock (Though i did read an allusion to Apple that made sense, citing its early 00s bust of -500%)...As I feel I have guidance, I'll share it, but It will not be with an air of authority. This is a stock, again, I am happy to be a shareholder of, but I can't pretend to have guidance on its ultimate market value, nor its short-term future. I am hoping it is a "retirement" type of stock. Thanks. I am very long on this and bought it on March 20th with the notion I would probably never abandon it. Take that as you may.
Happy Trading and to all the Bears and Bulls alike, May the Odds be Forever in your Favor!
-BDR