TESLA depending on what day of the week it is and how many new thousands of people hate the fucker who apparently runs it, is valued at 100 times earnings. Truely a case of paying up for future expectations, or just being drunk and saying, fucket, and pressing the buy button.
Back when amazon was just a book seller, many folks also paid up for future expectations. I now applaud any analyst astute enough back then to back such valuations in terms of the future they saw in some basic way, happening, going forward soon enough in time, to achieve early a valuation that would match a real one, so far in advance.
I shorted that cunt stock taking a contrarian view, and I rarely short anything. Had I been a believer and gone long.. would have been an amazing trade. Short, once I exited, I spent half a year wondering whether or not I should be in this business at all. Lost two shirts and 5 pairs of underwear in one of only two trades ever out of thousands before and since.
Fundamentals. LOL. when it's a tulip, there are no fundamentals.
when it's real, buy gold at this moment, and wishfully hope, fundamentals return to folks looking for true up front value.
can't make them do it, but when they come i will be happy to sell to them at the right time. and send them a fuck you note for free. |
