[Edutertainment] MUH BAGS: Tesla bagholder quotes
Why even bother analysing companies? I'm really starting to think looking at investors psychology and the noise around a company is all we need.
The time has finally come. Tesla has finally reached the euphoria turned denial phase, the baggy phase. I'm really starting to want to short now even with high short interest. I have no access to options and less leverage than FX & Futures (thanks for protecting me against the risk of making money). I'll have to look into it. If I have to lock my capital to make less returns than usually then what's the point.
Still, I am interested in this, and I keep learning, one day I'm sure I'll be more diversified and will be trading stocks.
We are in the typical not sure how to call it, the typical cycle phase thing.
Next step is retail investors "buying cheap". The institutional FOMO buying bubble has popped, and I don't expect a drawn out distribution like 2017-2018 because institutions do not baghold like retail.
Witness how media & Hollywood that were praising him and had a big role to play in the success of the stock, are going to do a 180 and hate on him and work to destroy the share price and turn EM into a public enemy.
So we are now closer to the typical process which is described in the textbooks with back to normal, institutional selling followed by retail bagholding.
Can go fast can not. Considering using a stop loss and a time stop.
Here are a few quotes that we see in these situations:
Long one but really good, and very typical:
Dumb money at its finest.
Ok that's enough.
I'll leave the final word to Elon, the "anti science conspiracy nut":
"What I find most surprising is that CNN still exists" - Elon Musk
The time has finally come. Tesla has finally reached the euphoria turned denial phase, the baggy phase. I'm really starting to want to short now even with high short interest. I have no access to options and less leverage than FX & Futures (thanks for protecting me against the risk of making money). I'll have to look into it. If I have to lock my capital to make less returns than usually then what's the point.
Still, I am interested in this, and I keep learning, one day I'm sure I'll be more diversified and will be trading stocks.
We are in the typical not sure how to call it, the typical cycle phase thing.
Next step is retail investors "buying cheap". The institutional FOMO buying bubble has popped, and I don't expect a drawn out distribution like 2017-2018 because institutions do not baghold like retail.
Witness how media & Hollywood that were praising him and had a big role to play in the success of the stock, are going to do a 180 and hate on him and work to destroy the share price and turn EM into a public enemy.
So we are now closer to the typical process which is described in the textbooks with back to normal, institutional selling followed by retail bagholding.
Can go fast can not. Considering using a stop loss and a time stop.
Here are a few quotes that we see in these situations:
Long one but really good, and very typical:
Dumb money at its finest.
Ok that's enough.
I'll leave the final word to Elon, the "anti science conspiracy nut":
"What I find most surprising is that CNN still exists" - Elon Musk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.