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Originally Posted by zman
Based on the current stock price TSLA is extremely overvalued. In my analysis even in the best case scenario the current price cannot be justified for another 5-6 yrs. Yet Tesla is one of the leaders that will dominate the next decade like the Apples and Amazons of the world. Also the stock will undergo a 4:1 split next week before it's included in the S&P. Therefore people won't care about its valuation, they will just want to own a piece of the pie. So I think it'll keep gaining despite its extreme valuation. My suggestion is to buy 25% shares at a time instead of going all in at once. That way you won't feel the pressure of having paid too much.
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stock split causes the prices to go up only in current millennial world. the combined power of the little guys are massive.
i think its a good idea. automate tesla investment biweekly and over long term one would likely come out ahead. but that's not sexy, ppl want 300% gain in a week.
leveraged Option traders make headlines...if u got money to burn - go for it. I like high volume, solid companies that also trade with such massive swings - taking gambling risk on these can pay off.
the mistakes most ppl do i think trying to have that 300% gain, they go wiht thinly traded obscure companies and ends up getting burned. that's dumb/casino gambling.