Looks like cornholio is closer to reality then the biggest guru on earth. 237 last, that's down 18. LOL.
Wait until Q2 Earnings... Or Q3! Haha, you would have to be literally out of touch with reality or extremely biased to believe Tesla is making out of 2019 without another 2.5-3 Billion in loans. They are defaulting to suppliers by end 2019 without another loan... Wonder how Felon will approach next one later this year ? Robotaxis around the corner so we'll need another 2.5 B to get them in production ?
You reminded me of another ET'er who posted back in 2015, predicting MCD would go under: https://www.elitetrader.com/et/threads/mcd-is-in-big-trouble-may-not-exist-in-5-years.290903/
In hindsight that's easy to say. That's what Des missed: the exit. So he did not made a buck; he has a tiny, unrealized 2.5% potential profit left after 1 week. Money should be in the bank to make a buck. Even have a profitable position for years is irrelevant as you can still en dup with a loss. I don't trade Tesla or any other stock, but when Des entered for me that point was just the start of a (small) correction up in a downwards trend. Not a place to take a position long term, just a small ride up. It was way too early to go long. Next weeks will proof if I am right.
I don't have access to his orders so can't comment one way or the other. He's got me on ignore so can't read his orders if it was posted.
https://techcrunch.com/2019/05/09/v...-receives-10000-pre-orders-in-first-24-hours/ European manufacturers are gonna body Tesla once and for all!
Not to be a Debbie Downer for VW, but Tesla easily did 10 times as many preorders for M3. 375K in a week... https://www.theverge.com/2016/4/7/11385146/tesla-model-3-preorders-375000-elon-musk