What Did You Buy Today?

[fenders53]

(02-03-2020, 10:42 PM)Otter Wrote:

(02-03-2020, 08:09 PM)fenders53 Wrote: Should do about as well as my TSLA Put. 

Holy smokes!! $110 in a day?!?!

It ain't over yet.  "Money Shot" Otter is just waiting for TSLA to drop 500 pts some week. 

This market is ludicrous in places.  TSLA could easily move a couple Benjamins in both directions in a week.  Actually, I expect that at some point.  There is a very long list of solid and profitable 50yr old companies at a lesser valuation right now.  TSLA market cap is a few days run from about the same cap as NKE, MCD or most of the big pharma companies.  Yeah I don't think this lasts, and big money is still buying.
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Current market cap values them at $280,000 per vehicle estimated to be produced in 2020. Seems legit.
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Thanks for being a good sport while we make wise cracks.  I got my face tore of in 1999 shorting AOL.  Ludicrous valuation is easy to see, but timing the end of momo is impossible.  It may be 20 years before another story stock of this magnitude comes along.