Originally Posted by
abrown83
This stock is such a disaster, it’s going to be like when Amazon lost 99% of its value in a single day. It might work it’s way back but still firmly believe as long as Musk is leading it is a terrible long term hold. Guy doesn’t care about making money.
Institutions will cash out and leave the crumbs to the Robinhood investors.
Also, will their be a lawsuit prior to them making the stock offer? Since Musk said 14 days ago that they won’t need a capital raise, wouldn’t be surprised if their is an injunction.