Quote:
Originally Posted by GrussGott
Two things are driving it:
(1.) This, and
(2.) New retail investors piling into what they perceive as a no-lose/FOMO trade
Either way, TSLA's value isn't ludicrous if you're a speculator or trader - in fact, it's made a lot of millionaires.
If you're an investor, TSLA is a out of bounds (at its current price) as is most of the market. This is clearly one of those "when the tide goes out we'll see who's swimming without pants" times. |
Well said. My ludicrous adjective was a play on words to feed my off beat sense of humor. However, I'm not buying at this price, nor am I selling. It's going to be a crazy next couple of years.