Is Tesla (tsla) In Trouble?

Discussion in 'Investment Charts' started by longtermbull, Jul 26, 2017.

  1. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
    You just cant keep this share down - back to $600!

    Minimal profits at the moment and unlikely to justify the high rating in the immediate future - where will the share price go?
     
  2. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    This one is off and running again - can anyone explain the rating for this company? Doesnt make sense to me.
     
  3. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    This one must be turning into a shorter's paradise? Over $1000 a share in the company has yet to make a regular profit. What is the world coming to?
     
  4. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
    The share price is so stretched this is unbelievable. A fall below $900 would indicate further downside to $800 then after that we are looking at $550. This would be $500 next month or $2000. How on earth do you plan an investment in this type of share?
     
  5. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    Who would have guessed that Tesla shares would crash through the $1000 barrier on their way up from sub- $200? Where on earth will the share price finish? Any profits, while unlikely as a consequence of the coronavirus, in the final months of 2020 would surely at best be minuscule? What is justifying the current share price?
     
  6. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    If, as many people expect, we see a further downward correction in the Dow Jones industrial average then surely companies such as Tesla will be hit hard? Can anybody explain why the share price is now above $1000 when the company has not yet moved into regular profitability and international trade, let alone local trade, is still restricted.

    Surely this must be a shorter's dream?
     
Tags:

Share This Page