TESLA IS GOING TO COLLAPSE AND TAKE THE ENTIRE MARKET WITH IT
What we are seeing currently is a RETAIL market run amock. The baby boomers are dumping all of their 401(k)'s and cashing out, the resulting assets are being picked up by new millenniel investors. But these investors are dumb and do not know what to buy. So they are running to SPACE JESUS MUSK and his CULT OF FAKE ENGINEERING.
Wait Elon Musk is a faker? YES! But hold on, we will get to that....
These new investors have no clue where to look and find value. So they just buy what they know. Iphones and Tesla cars... Especially in this market which is overpriced, over inflated, over valued, over pumped. I cannot stress enough that right now is not the time to be buying. Now is the time to be finding shorts.
There is no short in the market with larger potential for huge gains than TSLA. When TSLA goes it is going to be world changing and have ramifications on the entire world's economy.
DANGER WILL ROBINSON, DANGER
So why am I not currently short TSLA?
Timing a short, and getting the correct STRIKE PRICE, is gambling. They do in fact call it "wall street bets" and not "wall street totally not betting." It is an unacceptable risk for the BROKE retail investor. Short's have INIFNITE downside potential, meaning that in theory they can cost you an infinite amount of money if the stock continues to go up up up up.
As long as the FED continues to pump this market... As long as the retail market has a religious obsession with Musk... As long as TRUMP is pushing his "super V recovery..." I am RELUCTANT to try and short TSLA. But you need to know... eventually the laws of math will catch up with it. Eventually it will pop, and when it goes, the whole market will go with it. Mark My Words.
If you have more money and bigger balls than me, I would highly advise you to look at buying spread puts on TSLA.
But I must warn you, Tesla is using the "fake it till you make it" business plan and it is working. In fact today before I wrote this post they announced the sell of 5 billion common stock. That means they will have PLENTY of cash on hand to build whatever they want to build for the next 2 years. Tesla is not going away anytime soon, even if the stock collapses. SO BE CAREFUL.
So Elon Musk is a faker? He sure is. He spends about 2 hours a year at SpaceX that is actually run by Gwynne Shotwell (a NASA engineer). That is why they are successful. And Spacex stock is not available to buy. When you buy into TSLA you are not getting SpaceX.
Elon Musk is not an engineer. He has no formal engineering training. He is not registered as an engineer in any state. Elon Musk is a rich man that tells engineers to make sometihng, then they try and do it with limited success. That is all Elon musk is. A carnival barker, a grifter, a government subsidy hound.
In the coming apocalyptic market collapse, what are some stocks that might actually hold up and retain value?
Well I would suggest looking at railroad stocks.
Infrastructure funding is usually the number one priority after a market "correction."
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