Master Don Juan
- Sep 22, 2006
- Reaction score
- New England
damn talk about being wrong - its currently sitting well over 2000 its pre-split price. The price short term is a bit bullish, but the market is a bit choppy and there are better movers out there for now.I do not think tesla will reach its 900$ price peak. We are at the end of the economic cycle, and tesla is following the cycle of the JDU's, RCA, and other bubble names of their respective times. I will be looking to short via call spreads or maybe just short the stock itself with tight stops since everything will be volatile for a while here.
Never underestimate a bubble stock.