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Joined 1 year ago
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Cake day: July 7th, 2023

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  • Mostly agree, but. As far as I understand it, for TSLA the majority of the bull run is due to relatively small investors riding the hype. Big stakes are indeed rare to change hands, and mostly outside the marketplaces. Should the small guys really change their mind on the stocks, they (or at least the first wave) will easily dump it, and that will move the market by a lot. We can probably see it in YTD results, but still there is no dumping, in my opinion. Just a correction, so far.
    Personally would not buy now, though )





  • However strong is my desire for DJT to tank, the statement “stock market is reality” does not reflect the said reality. It is the definition of fantasy, where valuations are driven by nothing fundamental. Only beliefs and expectations matter, and these change daily. Say, if Trump actually manages to win the election - and there is a terrifyingly high chance for that, - this joke of a company can actually skyrocket in valuation, as someone with money can try to buy his favour. Not that it will hold high for long, of course - just saying that manipulation is a reality (see what i did?).