Tesla - TSLA - A Poster Child
Over at a financial forum...
Rustler commented re: TESLA - "I would think TSLA would be 180 or below by now. It should be there anyway from a value standpoint if not lower."
We Nattered back: FCAU – 8.52; F- 13.24; GM – 31.36; Honda – 30.26; Toyota – $118
TSLA – $219
What possessed anyone to think that TSLA was worth more than any of the above stocks? TSLA should be a penny stock at best. Pack them in with Netflix, Amazon, Chipotle, Apple and Google as severely overvalued and over-hyped. It's a testament to the stupidity of the public and that Barnum was right. That's what is truly SCARY about the house of cards called the equities markets. Thank goodness for guys like P who are smart enough to see through the smoke and mirrors of the manipulators and want to share that knowledge with others. Out.
Since that post on Jan 6th:
FCAU – 7.01; F- 12.08; GM – 30.12; Honda – 27.73; Toyota – $120
TSLA – $197
Rustler commented re: TESLA - "I would think TSLA would be 180 or below by now. It should be there anyway from a value standpoint if not lower."
We Nattered back: FCAU – 8.52; F- 13.24; GM – 31.36; Honda – 30.26; Toyota – $118
TSLA – $219
What possessed anyone to think that TSLA was worth more than any of the above stocks? TSLA should be a penny stock at best. Pack them in with Netflix, Amazon, Chipotle, Apple and Google as severely overvalued and over-hyped. It's a testament to the stupidity of the public and that Barnum was right. That's what is truly SCARY about the house of cards called the equities markets. Thank goodness for guys like P who are smart enough to see through the smoke and mirrors of the manipulators and want to share that knowledge with others. Out.
Since that post on Jan 6th:
FCAU – 7.01; F- 12.08; GM – 30.12; Honda – 27.73; Toyota – $120
TSLA – $197
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