MrRenev

Insiders dumping in after hours, ahead of earnings

Short
MrRenev Updated   
NASDAQ:TSLA   Tesla
Niiice. How is this legal?

Not like it is a surprise or anything, but this is not fair to dumb money.
Not like it would make a difference dumb money would ignore it anyway...

But, still, it seems like something that should not be legal...

From 250$ that was a good start to sell as I said, but perfect entry short would be 275$.

I am focussing on other things than stocks, I don't think I will participate in it, unless we get there in a few months then I will probably join the fun.

This is like any other scam. Distribution, dump, sucker rally to 50% retrace (or more, usually 50 to 78.6%), then road to zero.

Would be cool if Tesla made an ABC and this dump was B wave. When entire stock market crashes Tesla won't survive.

Executives at TSLA are all running away from the company also... Thing is really collapsing (regardless of price of shares).

There are ALOT of suckers buying thought, these days every one can buy easilly and cheap, especially with Robinhood...
Biggest bubble of all time.

There are enough amateurs to save the price for a while (and give me time and a good entry) but it won't go to infinity, and once the stock market falls it is all over.

People use options for this. That just want to be right. Or short with a stop at what like 400$?

Going to try pinpointing the top if I do this but I will not bother if we get there in less than 2-3 months.
I think I am better off focussing on only 1 ponzi at a time, when I am done with BTC I will go to Tesla. And then back. Idk yet.

All I know is I had to withdraw again and made no money for 2 months I expect not to make any for 1 other month, so I will focus on the stuff I know works.
Then I can gamble on stocks.
Not stupid enough to blindly short something because I know it will go down in the future I just do not know when.
If I was a dumb clueless sucker that gets 1 idea every ten years I would "this is the opportunity of a lifetime".
But what is the opportunity of a lifetime to average people is something I get once a week.
(Once a week in the February to early June and mid september to mid december periods).
Comment:
Paris multi century heat record will get shattered this afternoon.
Oh if only there was a Tesla that is not a scam.
Oh there is. And big auto manufacturers already have started evolving.
And auto manufacturers with a smaller valuation than Tesla and which entire business model does not revolve around convincing every one they are "the high tech revolution" have a way bigger R&D budget.

Makes you think...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.