Die Dow die.
Originally Posted by
anonamoose
TSLA was downgraded today and has like a 3.5% drop going. Might try to catch this at 194 for the bounce and a little bit of profit as it's oversold.
Analyst changed his position so he won't be ridiculed after TSLA earnings. They are gonna miss & miss BIG. Electric cars when oil is $50? Other manufacturers are starting to offer cool high end electrics - like Porsche.
TSLA is a train wreck. It was always a great trading stock like GPRO. Cool story with a lot of shorts.
TSLA may be overextended to downside intraday. I don't think so. But even so, what is the play here? You gonna hope for a $1 scalp on a $194 stock?
$194 x 1000 = almost a quarter million to make $1000 ?
You rarely get one big red candle on the daily. I would expect another down day tomorrow.
Just having a bar room argument as you would about a baseball team. Let's see how this works out.
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