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JJ8

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JJ8

Re: Chartmaster post# 61732

Friday, 02/11/2022 5:44:45 PM

Friday, February 11, 2022 5:44:45 PM

Post# of 88727
Hopefully share price goes down to and about 810-820

Though, I doubt it will.

Tesla is too popular in demand for its shares and sleek EVs.

The Fundamentals are good, I agree. Yet, exaggeration and overhype on you-tube and stock boards is spreading a too rosy picture- share price of $2000, $3000 in 2022 - and much more, in few years. That is not entirely true and too obvious when majority believes it. Thus the adage "if it is too obvious, it is obviously untrue" could be applicable. Such general knowledge by the majority often ends up in tragedy for the majority of participants in the stock market.

Just reading many youtube experts and their followers, I can see out there too many buy anyway they can- on margin, borrowed money at high interest rates, etc., etc.

We shall see what's coming in the short term, given the bad news.

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