Humm, Interesting....

ntcindetroit

Well-Known Member
Investing and/or Trading is always interesting, rewarding and less risky than Uber driving. Can someone shed lights on why Tesla is over $800, marching toward $1000 and Uber should be under $20? What if Tesla merges with Uber down the road?
 

itsnot1971

Member
Investing and/or Trading is always interesting, rewarding and less risky than Uber driving. Can someone shed lights on why Tesla is over $800, marching toward $1000 and Uber should be under $20? What if Tesla merges with Uber down the road?
When more people are buying a stock it goes up, when more people are selling it goes down it has nothing to do with profits, earnings, etc anymore

It's a handful of hedge funds that have fiber lines installed across the street that can do millions of transactions per Nano second & move the stock anyway they please

Ford gm etc sell like 20+ million more cars per year than Tesla whose yet to turn a profit yet Tesla market cap is higher than them combined is ridiculous

Last crash telsa needed a bailout what you think happens to Uber Tesla next crash? People will keep Netflix it's $10 a month they'll skip the $10 ride to yoga class & hold off on buying the 50K tesla paperweight with the 15K of laptop batteries in it that make up its single point of failure

2 Ponzi scams you can trade on a ponzi scam lol this is amerikkka
 

Mista T

Well-Known Member
Author
Price is not important, market cap is. If a stock goes up 20%, for example, it doesnt matter if that stock is $20 or $800. 20% is 20%.

Stock prices are the market's perception of future expected earnings. Plenty of investors (with big money, like pension funds) are sold on Ubers dream of huge profits and market dominance some day 2 years down the road. Right or wrong, that will drive the stock.
 

Lil'Lyftie

Well-Known Member
Price is not important, market cap is. If a stock goes up 20%, for example, it doesnt matter if that stock is $20 or $800. 20% is 20%.

Stock prices are the market's perception of future expected earnings. Plenty of investors (with big money, like pension funds) are sold on Ubers dream of huge profits and market dominance some day 2 years down the road. Right or wrong, that will drive the stock.
That, or short term profit taking; taking profit from the gullible fool who's next down the line in the pyramid scheme.
 
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