We are no doubt in a bubble when a company like NKLA with no income is worth $20B which is basically the same market cap as Ford. The electric vehicle pumptardedness reminds me of the solar craze a (long) while back. Look at FSLR, it went completely pumptarded then lost 97% before recovering. It took 4 years though, so if you're shorting TSLA, you better be patient, lol.
Just a warning for people who think bubbles have to collapse immediately. It just doesn't work that way sometimes.... especially when the Fed decides to inflate the bubble instead of collapsing it. I miss Greenspan, lol.
Just a warning for people who think bubbles have to collapse immediately. It just doesn't work that way sometimes.... especially when the Fed decides to inflate the bubble instead of collapsing it. I miss Greenspan, lol.
Nota
Generally speaking, bubble stocks usually tank AFTER they split, so I haven't touched TSLA in a while.
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