To: TobagoJack who wrote (134120 ) 6/8/2017 10:01:41 PM From: Maurice Winn 1 RecommendationRecommended By charlyfi
Read Replies (2) | Respond to of 217550 Bubbles do pop, every time, because as our great and estimable venerable idol Uncle Al KBE explained, we only know if it's irrational exuberance AFTER the decline which demonstrates that it was in fact a bubble. If it doesn't pop, then it wasn't a bubble. Bubble Pop was an amusing video, made up of copied tropes from other videos such as Gangnam Style, nigga rap, Shake It Off, Blurred Lines and others. Bubble Pop has the flimsy substance of bubble-pop TSLA irrational exuberants. Let's see how Bubble Pop goes for the next 5 years. All that Elon said from your quotes was correct. Taunting shorts is of course excellent sport. But a short doesn't necessarily think there's anything wrong with the company or what it's doing. For example, when QUALCOMM share price went over the top on the eve of Y2K, it was obviously into the realm of irrational exuberance, even as the world was moving to CDMA. Sure enough, the price dropped wayyy.... down and even way down further than I thought it would do. Fortunately I had panicked early and bailed out before the true ugliness at the bottom doomed so many - over-runs down are a harsh reality just as irrational exuberance at the top becomes a harsh reality. As I explained, Elon and TSLA are doing all the things I have been enthusiastic about for 30 years. He even adopted MY idea of vacuum pipes with photovoltaics on top, 1000 kph vehicles with linear motors and ground effect flying through the tubes. I beat him by years and you can read my explanations right here in SI. But he isn't yet doing small modular battery swaps 7SSS [tm] . But he will or he'll find he'll lose market share. Shorts are not actually shorting the company, the management, the technology, the plans. They are simply saying the shareholders have bid the price up to irrational exuberance. Elon doesn't control the share price. Shareholders do. He might agree with them, but doesn't control the price. My question for Elon would be - "Would you advise your grandmother and grandfather to put their lifetime of hard-earned savings into TSLA at $371 per share?" I think the answer is no. He would start hedging and hemming and hawing and suggesting diverse holdings and caution at that price. Apart from Tesla, he's also doing Space X which is also doing things I have been in love with and as long ago as 60 years when I got books from Onehunga Carnegie Library on rockets. Way back in 1988 I was keen on satellite communications for trucks when with BP Oil International. It turned out that Qualcomm was already on the case with OmniTRACs. In the 1990s I became a Globalstar enthusiast because Cyberspace in the sky was an obvious new world order - but despite my explanations to them on how to do it, they refused and continued into bankruptcy and the new owners have done not much better. Teledesic was proposed to do much the same as SpaceX satellite fleets but never got off the ground. Now SpaceX might finally fulfill the promise. Yay Elon!! At last. Tesla autopilot electric cars roaming the world with perpetual Cyberspace connections via SpaceX satellites when out of range of terrestrial systems. How great is that? Aircraft too will be able to be managed via SpaceX Cyberspace. When Tesla cars have Halo they'll be able to top up any time they are stopped somewhere for a while. For city cars, that will add a LOT of convenience. Mqurice