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Non-Tech : Kirk's Market Thoughts
COHR 178.360.0%Dec 15 3:59 PM EST
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To: Kirk © who wrote (10160)7/24/2020 11:51:02 AM
From: robert b furman2 Recommendations

Recommended By
berniel
Kirk ©

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I'd really hate to see this stock go into the S&P.

When the world figures out this is a very slow growth company that makes EV's that are just not growing market share, let alone match the hype piled onto this stock.

Any reversion to the mean will be very painful and vaporize a LOT OF MONEY!

The only thing TSLA has done is introduce now aging models, not making enough money to have substantial refreshes as a looming number of competitors with brand new fresh designs.

I think their decline is imminent, but I've said that for a while.

There's going to be a cult like genocide, when the air comes out of this "first to market leader" of a small niche product bolstered by a lot of hype.

Unfortunately TSLA has had to drop their pricing to foster any positive growth. In a market that has low margins for all participants.

In summary, it is not a SPACEX!

Bob
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