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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: bruwin who wrote (4568)	5/19/2021 11:04:02 PM
From: robert b furman	1 Recommendation Recommended By Lance Bredvold Read Replies (1) \| Respond to of 4719

Hi Bruwin, Anyone seeing it's valuation agrees. TSLA is a cult stock inflated by unsubstantiated hype about the death of the ICE . When it collapses, sadly the forced selling will take many an index down. When margin calls start hitting, one sells what has a bid. Been there done that before, it's ugly! No margin and a high cash level now for me. That last 10% is not worth the ride down 50%. It does take patience while fighting off greed! The final momentum will feature those OEM's who over committed to EV's as they take charge offs on Capex that does not draw a paying crowd, or once an early adopter, they regret the purchase. Just think how long smart phones and computers took for full embracement at one tenth the cost. They want this to happen in 8 years! A good read: iea.org Bob