SG Talk

(28-05-2022, 06:27 AM)sgbuffett Wrote: [ -> ]This junk called Game stop also rose sharply


Stoxks rising after falling continuously due to short term trading speculation and short covering is common.

Investors should use the opportunity to get cash out before the stock resume falling.

When dot com bubble.crash there were 8 bear market rallies of more than 10% each on the way to the bottom. Speculators never let go of overvalued stocks because each rally they think "worst is over".

Mnay stocks like Zoom, GameStop, Snowflake will never go back to their highs ever.
Tesla has many fans who will push the stock up and throw in $ to pump up but smart insiders like Elon Musk brother cashed out near $1000 level. Elon Musk is using his high overvalued Tesla stock to buy other assets like Twitter.

Speculative stocks never go down in one straight line and have rebounds to suck people back in all the time.

I think you really dont know what actually happened to Ah Musk stock kena selldown this round. Dont read the wrong news hor. There are too many news already. Will confuse many Kancheong spiders. 

Luckily I got learn I Ching.
否极泰来

Did you read what Ah Musk said recently?

Did you read below news, some missing details. Luckily, I got read the full report.

https://www.moneycontrol.com/news/world/...0to%20zero.

car also down hill also ?

Tesla already hit USD 765 at post market trade.Song Boh!

Let see tonight can conquer USD 800…
My set target USD 860…
Will offload half of my holding near this level.

I am only good at seeing big downtrend(Lesser human manipulations) but not uptrend due to too many human manipulations.

But is the company heavy on debts?

Sigh! Yesterday US market off 1 day….

Premarket now USD 769.
Let see will take how long to clear USD 800.

(30-05-2022, 08:07 AM)Cmpunk Wrote: [ -> ]But is the company heavy on debts?

You dont know debt can be considered asset?
It will depend how you look at debt?
This will not teach in book hor.

Song Boh!
773 USD liao…

87 USD more to go.

Tesla is finished.

Will go below $600 soon as competitors take big bite out of it's market share in Europe and China.

What is Tesla super?