Welswor
OPTeslaSmurf
:
Ntg fundamental changes when a stock split happens. This year stocks have just been gg down after stock splits are being announced. It wld depend on the market sentiment. Wld’t necessarily say it’s gd news for the stock to split after the shareholders meeting.
TeslaSmurf
Welswor
OP
:
Your RESPECTABLE opinion, generally true. We have seen other tech companies split in the past months and they didn’t get “magic” results. The reason is that the market was in deep “fear mode” and those companies (though excellent) are not really growth companies as Tesla is. Then we have both the psicological effect which on such a volatile stock is relevant, the enthusiasm of Tesla’s investors for the news coming with the shareholder’s meeting, the PRACTICAL question that Tesla workers are all given the possibility to buy shares at a very convenient price and they are more than 100000, most of them with a decent-but-normal salary which may not allow them to buy a whole stock with the month’s savings… ADD to all this that Elon has assured to a twit from Sawyer Merrit that he will “take care” of the shorters: quite a menace TSLA is also on a trending up channel (broke it further up). SO, do your math…
Marco bebawi : what news
TeslaSmurf : You mean GOOD NEWS: shareholder’s meeting in three days …
Welswor OP TeslaSmurf : Ntg fundamental changes when a stock split happens. This year stocks have just been gg down after stock splits are being announced. It wld depend on the market sentiment. Wld’t necessarily say it’s gd news for the stock to split after the shareholders meeting.
Welswor OP Marco bebawi : Pelosi visiting Taiwan may destabilise the market and cause a sell off
Marco bebawi : can you share the link
TeslaSmurf Welswor OP : Your RESPECTABLE opinion, generally true. We have seen other tech companies split in the past months and they didn’t get “magic” results. The reason is that the market was in deep “fear mode” and those companies (though excellent) are not really growth companies as Tesla is. Then we have both the psicological effect which on such a volatile stock is relevant, the enthusiasm of Tesla’s investors for the news coming with the shareholder’s meeting, the PRACTICAL question that Tesla workers are all given the possibility to buy shares at a very convenient price and they are more than 100000, most of them with a decent-but-normal salary which may not allow them to buy a whole stock with the month’s savings…
ADD to all this that Elon has assured to a twit from Sawyer Merrit that he will “take care” of the shorters: quite a menace
TSLA is also on a trending up channel (broke it further up).
SO, do your math…
劫财死远点劫色就来吧 Marco bebawi : I'd posted but there are news in chinese. USS Ronald Reagan CVN-76 aircraft carrier is at San Bernardino Strait standby now.
劫财死远点劫色就来吧 Marco bebawi : https://www.thestar.com.my/news/world/2022/08/01/pelosi-to-visit-taiwan-on-tuesday--taiwan-media