SG Talk

If i have, i will sell it as it drops.

Now price drop all the way to $700.
YouTube pumpers need to pump it harder.

Anyway the air is leaking fast ...expect it to drop to $600 bounce a bit then continue down to $400

I tell u to buy YJZ you got buy?

(20-05-2022, 09:36 PM)dynamite Wrote: [ -> ]I tell u to buy YJZ you got buy?

I really missed that one. I did not know the split until it was over.

Otherwise would.have bought

(10-01-2022, 10:57 PM)sgbuffett Wrote: [ -> ]If i have, i will sell it as it drops.

Bro, can share how you can tell from the charts that it going down please, thanks.

Now below $700 where alot of cash covered puts were written ...now they become more exposed to a falling stock.

The way it slice through $700 spells big trouble

(20-05-2022, 09:57 PM)roguetrader Wrote: [ -> ]Bro, can share how you can tell from the charts that it going down please, thanks.

Not using charts alone.
When it was rising fast no telling how high it can go
...like rocket shooting up.

Once it starts falling you know it has run out of fuel

For a conservatively valued  stock once it fall to a good level long term value investors will step.in to buy and stock stabilises.

Tesla is overvalued and purchased by fanboys..many many borrow to play the stock...they also like to sell.options to try to make even more money. This is a toxic combination
 So when it start falling it can go quite far down


We are no where near the bottom. The fanboys are overlooking alot of risks with the company

The stock is dropping fast as smart investors take profit and get out before it collapses further.

If Tesla valuation falls to Toyota which sells 10 times more cars it stock price will be $200. 

Once it goes below $600 the fall will accelerate.

Oh no, like that Kelvin how?

(24-05-2022, 10:30 PM)Blasterlord2 Wrote: [ -> ]Oh no, like that Kelvin how?

I told him to sell at $1000 but he believe it will reach $4000 as predicted by Chicken Genius.

One last rally to draw in remaining bag holders then selldown and trap them

Tesla has started losing market share in China to Chinese EV rivals like BYD NIO and Xpeng. Next set of China number will confirm.

In Europe, Mercedes Benz and Volkswagon will bite. Mercedes already got level 3 self driving approved in Europe ahead of Tesla.

Nah, Elon M is a " special guy " unlike tropical CEO.

I shall say he more one socialism , beside just earn money like other tropical CEO.
this make him different from the rest

Note that Tesla did a 3 for 1 stock split after this thread started

Stock has fallen 44% already. But problems are just starting
Traditional car makers are entering the market and competition from BYD and China players are squeezing down margins as Tesla cut prices.

Thus sexy sector will slowly turn into the traditional car industry where valuations are much lower.

For this reason j have sold off my BYD ( same.time as Buffett)
I just don't see any light at the end of tunnel. As for Tesla it's valuations are ridiculously high and downside risk is big.

Also, starting to see the dubious side of Elon Musk....i feel.he lacks.jntegrity and misleads. That is my own opinion but it is a red flag

Those who hang on toTesla lost their paints.

Even aftsr the 70% drop it is still expensive...it can easily drop 50% or more from here

(23-12-2022, 07:45 AM)sgbuffett Wrote: [ -> ]Those who hang on toTesla lost their paints.

Even aftsr the 70% drop it is still expensive...it can easily drop 50% or more from here

you are genius

12% drop in one day.
But still Long way down as it is still extremely overvalued.

70% drop in one year.
CEO Elon went from hero to zero.