Never , going to 160 first target of selling , lets see
bballshinobi
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Do you know what market cap a $1,000 stock price will equate to?
hamidreza_FX
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@bballshinobi, Do you mean the maximum stock price? I think that after the share price reaches $ 1000, the stock should be re -analyzed because the $ 1000 price has a big psychological atmosphere in the market.
@hamidreza_FX, If that's the case... then why would TSLA split not once but twice? They were around $2,500 before the first split, so why split it back then? They were around $1,100 before the second split, so why split it again? TSLA is already one of the most analyzed companies there is so the nominal stock price doesn't matter. You need to look at the market cap, not the nominal stock price. If you don't know what market cap is then you should really do more homework, or you will most likely panic sell during the next downturn.
hamidreza_FX
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@bballshinobi, You are right. I didn't know the market cap issue. I'm sure to study it. Thank you
hamidreza_FX
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@bballshinobi, What do you think about Tesla's stock price? To what extent is it possible to grow?
bballshinobi
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@hamidreza_FX, $2.5 trillion market cap by 2025, which is abut 800/share today post split. $1,000 stock price today = $3 trillion market cap . AAPL = $2.7 T. MSFT = $2.0 T. GOOG = $1.5 T. AMZN = $1.4 T. I hope you can see why projecting $1,000 in a few days/weeks/month is plain lunacy and just makes other TSLA investors look delusional...
hamidreza_FX
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@bballshinobi, Your explanation was great. I agree with you. The analysis I had for stock is short -lived, and it is definitely likely to achieve much more prices.