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/biz/ - Business & Finance

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25757970 No.25757970 [Reply] [Original]

Is he right?

>> No.25758032

>>25757970
Eventually, yes. And I'm not saying this out of jealousy, as I made hundreds of thousands on TSLA.

>> No.25758058

it won't go lower than 90

>> No.25758084

>>25757970
Yes. Painfully obvious to anyone who has taken a basic accounting/financial analysis class.
It's hyped up by fanboys, not by financials.

>> No.25758099

>>25757970
Of course hes right. But here we are and the housing bubble makes 2008 look like good times

>> No.25758115

We'll see on February 3rd

>> No.25758132

>>25757970
He's wrong

>> No.25758201

Why did they use a picture of Batman

>> No.25758265

Yes. This happens to literally everything. Show me one asset that only ever appreciated in value.

>> No.25758336

>>25758265
pussy

>> No.25758343

>>25758265
Bitcoin

>> No.25758402

>>25758265
newfag

>> No.25758445

>>25758343
Bitcoin went -80% last cycle, I don't think I need to tell you that even the housing bubble didn't go that low.

>> No.25758537

>>25758084
Financials can grow into current valuation. This is how all tech stocks work.

>> No.25758582

We don't talk about price

>> No.25758599

>>25757970
i wish
i hate el*n

>> No.25758610

>>25758537
This is several orders of magnitude above any tech company that went on to become successful and established. It's dot com bubble territory.

>> No.25758645

>>25757970
Yes. Elon is based and Dems are going to fuck him over.

>> No.25758666

>>25757970
>things go up and down in value

who is this nigger.

>> No.25758670

>>25757970
It’ll retrace 80-90% from peak (who the fuck knows that that’ll be).

>> No.25758737
File: 64 KB, 711x718, bateman-making-uncertain-jim-face.jpg [View same] [iqdb] [saucenao] [google]
25758737

>>25758201
Dont you mean Bateman?

>> No.25758762

>Elon has a quarter trillion
>can't cash out without crushing the stock price or giving up his stake in tesla

Elon is the real victim of the pump

>> No.25758774

>>25758582
We talk about price all the time. You just don't want to talk about TSLA's price because it contradicts your worldview, giving you cognitive dissonance. Instead of changing your worldview, your only method of coping is to pretend it doesn't exist.

>>25758610
I agree that the valuation is extreme. I even shorted TSLA a little bit. Guess what? I lost. And yeah, it's a bubble, but every asset goes through Minsky cycles. That doesn't mean it won't keep going up in the short to medium term.

>> No.25758827

>>25757970
TSLA is going to move their cash holdings into Bitcoin. Stock’s run is just getting started

>> No.25758837

>>25757970
Thats christian bale actor who played also batman, do you retards think hes real and knowsa bout butcoin

>> No.25758856

Tesla is the FUTURE OF EVERYTHING
Invest now and benefits that will accrue include: ultimate power, immortality, being based AF, being lit, being keyed

>> No.25758936

>>25758265
Crypto. The fuck kinda boomer response is this.

>> No.25758970

>>25758936
Bitcoin crashed 80% last cycle you fucking moron

>> No.25759003

>>25757970
100%. The problem is the bubble could continue inflation for another year for all we know.

>> No.25759023

>>25758970
Keeping tell us how you shorted Tesla and lost faggot.

>> No.25759050

>>25758970
only if you sold it at the bottom like a total baboon.

>> No.25759062

lol 50% correction is nothing

>> No.25759099
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25759099

>>25758265
Guns and ammo only go up in price. Never down. Literally the best investment in the world and most don't even know it.

>> No.25759103

Waiting for Tesla and BTC to merge into a superbubble with Tesla converting balance sheet to BTC

>> No.25759109

>>25759023
I shorted as a hedge for a bullshit wallstreet crash, I am 110% exposed to crypto.
>>25759050
That doesn't matter, you could say the same for TSLA or the 2008 housing bubble.

>> No.25759110

>>25757970
Of course, in no way is Tesla worth this much.
Their design is a cheap Porsche knockoff and VW, Toyota will also build electric self driving cars.

>> No.25759111

>>25758762
somebody give Elon the crown

>> No.25759158
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25759158

>>25757970
>but the film says he now only trades in water
>>25757970
i hope it will crash hard, but then if tesla announces integration with btc like musk has memed about it will keep riding the hype train for a while
thoughts if its announced tesla takeover by company x which would be a holdco of all of musk's ventures including spacex and starlink? worth getting in it for that alone

>> No.25759162

>>25758762
Billionaires don't cash out bud. It's called equity line of credit

>> No.25759553
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25759553

>>25758265

>> No.25759577

>>25757970
He was also years early

>> No.25759619

>>25759553
Illiquid but touche.

>> No.25759681

>>25759553
When I become super wealthy I'll have artist shit smearing parties.

>> No.25759688

>>25758537
Except apple and microsoft sell you products that cost essentially nothing so are basically money printers. Tesla sells you a car, and a shitty car at that.

>> No.25759704

>>25759619
Post your your seething Peter Schiff's too.

>The tins were originally to be valued according to their equivalent weight in gold – $37 each in 1961 – with the price fluctuating according to the market.

Currently beating their gold cost by over 100x

>> No.25759754

>>25758265
Chainlink Token

>> No.25759762
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25759762

>>25757970
But that's the dubs man

>> No.25759807

>>25759762
I wouldn't believe anything this guy says, his predictions are always wrong

>> No.25760370

>>25757970
We'll see the consequences of COVID lockdowns and money printer go burrrr soon so every stock bubble will pop.

>> No.25760562

>>25757970
Can't fool me, Todd Howard

>> No.25761163

>>25757970
Has this dude ever said anything about crypto?

>> No.25761238

Sorry but stonks only go up this timeline

>> No.25761587
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25761587

>>25757970
HUGE SHORT SIGNAL

>> No.25761745

>>25761163
A while back he said it was a bubble. Kind of surprised honestly

>> No.25761750

>>25758774

>I agree that the valuation is extreme. I even shorted TSLA a little bit. Guess what? I lost. And yeah, it's a bubble, but every asset goes through Minsky cycles. That doesn't mean it won't keep going up in the short to medium term.
Every TSLA short has been saying this and has been taken to the wood chipper

>> No.25761843
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25761843

>>25757970
Elon knows it too, I like him but he acts shady with stocks especially purposely mentioning JT to pump it

>> No.25761914
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25761914

>>25758837

>implying that tech expert, Batman, does bot understand how cryptocurrency works

Please.

>> No.25761944

>>25761843
This dude looks stupid

>> No.25761992
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25761992

>>25761843

>> No.25762033

>>25757970
Elon is based and Tesla is a great company, but yes, the stocks is insanely overvalued.
There's no saying when the bubble will pop though.

>> No.25762080

>>25758099
The housing bubble is going to burst again?

>> No.25762106
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25762106

>>25761944

>> No.25762173

>>25758827
LOL no they are not. why would a company move their money into a high volatile asset like btc? we are near the top. 6-12 months it will be sub 20k again.

>> No.25762573

>>25761750
Has been saying what, that it'll keep going up?

>> No.25762616
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25762616

Nah he's wrong this is definitely sustainable we're in a new paradigm

>> No.25763094

>>25757970
I don't know but I'd like a crash so I can get a nice long position in Tesla, for my first ever stock invest. Gonna diversify a bit into it after I have made it.

>> No.25763136

>>25757970
Very bullish

>> No.25763137

>>25758336
depreciates after the age of 19.

>> No.25763500
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25763500

>>25762173

>> No.25763581

>>25757970
Ive heard this shit for years: I’ve stopped listening to the FUD. I buy tesla at $400 knowing it will go to $2k and then split, starting at $400 again

>> No.25763788
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25763788

>>25762080
>>>25758099 (You) #
>The housing bubble is going to burst again?
Real estate prices are record highs
Defaults in 21 and beyond will sky rocket
Totally fucked, zero reporting, orange man is all that matters

>> No.25763905

>>25758265
Alcohol? Drugs in general?

>> No.25764002
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25764002

>>25763581
I sold at 375 prerun. I was reading legit paid fud, stansberry research, 10 page thesis on why tesla was doomed, this was right after they rolled solarcity back. I believed that shit. A move that cost me a small fortune in lost gainz

>> No.25764077

>>25757970
Fuck Burry.

I bet he doesn't even know about oracles and DIA.

>> No.25764153

>>25758201
Because he played Michael Burry in "The Big Short"