To: Cogito Ergo Sum who wrote (157428 ) 5/3/2020 12:15:21 AM From: TobagoJack 1 RecommendationRecommended By SirWalterRalegh
Read Replies (1) | Respond to of 217547 I believe the faith backstopping TSLA is very strong that is a good thing, for I need TSLA to be strong even as I am agnostic on its merit I actually do not even have an opinion on its valuation I just like its robust volatility for squeezing a soggy lemon makes for subpar juicing difficult to prognosticate on companies allegedly changing old ways of doing things, and in this case, putting cars together w/ batteries inside, as opposed to putting wheels on batteries, or wheels on computer Tesla gadgets are neat even if I do like the car - there are a lot of cars I do not like (i.e. the entire Nissan lineup) - but do like the home energy system But mystery burger and snazzy office rental companies also neat, some do better than others like mystery burger, Tesla is an acquired taste like snazzy office rental, Tesla burns cash the virus made companies burn faster, acting as accelerant, but does not change the trend, I think company burning whilst end-market shrinking is a bad thing, especially if one should need more financing from players already hard hit / frightened But Boeing got it done FED backstopping I am most dangerous when I start to peruse company financials, and so I refrain at this juncture I may flip some pages at 600- in the case of TSLA - should not be long to get there, and hopefully get back up to 800+ again. There is much value in the 200+ difference. Need to remember to refrain from staying in one side of the party for too long. am wondering how far along the traditional assemblers are coming along learning new things about old needs WeWork, Uber, Lyft, Beyond Meat, Tesla, Ether (ETHE), ... some will do better than others, but all creatures of new ways of doing old stuff, all require more buyers to lift shares, and all buyers being hit hard, otherwise afraid, and in time shy away from cash burns The market shall decide which ones go the way of boom, or kaboom We just play our hand per feel of the Force