Tesla To The Moon... or is caution warranted?

Discussion in 'Stocks' started by Scataphagos, Dec 16, 2024.

  1. S2007S

    S2007S


    What tsla options are you trading??
     
    #11     Dec 16, 2024
  2. S2007S

    S2007S

    Wallstreetbets is going to have every single message related to options on tesla with people literally making tens and hundreds of thousands buying the tesla calls.
     
    #12     Dec 16, 2024
  3. maxinger

    maxinger

    upload_2024-12-17_8-37-34.jpeg

    Phew!
    Luckily it is not about scat
    support resistance things.
     
    #13     Dec 16, 2024
  4. SunTrader

    SunTrader

    Yea because its not like we subsidize interstate and intrastate road building or airports or sea ports or the rails. Nooooooooooo. :rolleyes:

    How things flip so quickly once you give Dotard a couple hundred millions. The sheeple get behind you and I'm really beeeeeeeeeehind you until they come brown.
     
    #14     Dec 16, 2024
  5. When people saw that Elon had Donny's ear,
    That was it...
     
    #15     Dec 16, 2024
  6. Sekiyo

    Sekiyo

    Some of them are also losing money.
     
    #16     Dec 16, 2024
  7. nitrene

    nitrene

    The r/WSB crowd are mainly gamblers, hence their self-description as degenerates. They are good at finding exploitable entries but don't know when to exit. The ones who do exit with a lot money on one trade lose a lot of it on another trade.

    I remember when the FNGU ETF came out (January 2018 I believe) they all wanted to buy call options on a 3X FANG+ Index ETF. That captures their zeitgeist. When the ODTE SPY options came out a lot of them would just buy daily ODTE calls blindly & take the money they made and roll it all to the next 0DTE trade.

    They remind me of when I used to play Poker and some people would just keep bluffing whether they had A A or a 2 7 hand. Then would go all in on the river even when they had a junk hand. One of my friends did make it to the final table in a WPT tournament in Auckland back in 2011. He was a pure gambler.
     
    #17     Dec 17, 2024
  8. SunTrader

    SunTrader

    You mean when Diaper Don saw that he had full access to Elon's wallet.
     
    #18     Dec 17, 2024
  9. I gotta say, this whole Tesla run leaves me unnerved. I get the notion that "Donnie and Elon might appear to be Bros".... but that seems thin reasoning for paying such high prices for TSLA. (What could Trump do to make Tesla worth MUCH more than is currently valued by the markets??)

    I've seen an estimate for "TSLA = $960". Wow! TSLA @$470, is already trading at 14x sales and 125X earnings (remember how ".com stocks" in general were trading at 5x sales.. and THAT turned out to be excessive/stupid?). And now, TSLA at 14X sales??

    For Tesla to be trading at 14X sales and 125X earnings... infers confidence/expectations in HUGE, HUGE sales and earnings growth.

    Is that possible with all the Chinese companies making EVs at much lower sales prices?

    Is the apparent "bromance" between Trump and Elon worth all that?

    JMV... Then again... I'm all about "DON'T DO STUPID.. protect capital first". FWIW...
     
    Last edited: Dec 17, 2024
    #19     Dec 17, 2024
    NoahA and Wide Tailz like this.
  10. They/we didn't want it @ $130... now they can't get it fast enough @ $470. Go figure.
     
    #20     Dec 17, 2024
    Picaso and NoahA like this.