SPDR S&P 500 (SPY): TSLA... Insanely overvalued, But one...

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Wishthiswasmyjob

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Wishthiswasmyjob

Re: ashy2classy post# 320433

Monday, 07/06/2020 11:40:30 AM

Monday, July 06, 2020 11:40:30 AM

TSLA... Insanely overvalued,
But one would need to be a phenomenal sharp shooter
to even find a 50% gain.
There's many stocks now that have unhinged themselves from reality and
"Normal valuation".
Problem is the premium costs... Deep pockets are needed to even touch the options.
It just hit $1,333...

It's just unplayable, IMHO.

HSBC and DB at least have overhead resistance.
It's all, 50% of the market, has become a carnival.

There's still room, join in!

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