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Politics : Formerly About Advanced Micro Devices

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IC720
Mick Mørmøny
To: Qone0 who wrote (1385134)12/28/2022 9:15:45 PM
From: Winfastorlose2 Recommendations  Read Replies (1) of 1583502
 
TSLA is not burning. It has always been extravagantly overvalued. It is just coming back down to Earth for the moment and I say "for the moment" because with this market nothing can be assumed to have any lasting characteristics.

Look at MRNA, for example. The future there is much less bright than it was 6 months ago, but after correcting back down to the 119 area (which was almost a given), it rallied back above 200 on a hope and a prayer.

If anything, Elon was able to use TWTR as a good excuse to get significant money off the table before reality set in. .
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