RE:RE:Why the Musk hate? Paray99 wrote: nhra77 wrote:
I understand the outrage on maybe a societal level but I really don't understand why people are upset about this in terms of investment and profit making. Twitter has been on a downward trend since early 2021, until recently due to Elon buying in and creating conversation. If you're a long time holder and feel Musk will destroy this stock, you can still expect a big uptick from a takeover before your prophesied tanking. You make money. If you're a short time holder and feel Musk is bad, the above is even more true. If your distaste for Musk and no faith in his ability to operate is extremely strong. Short the stock upon takeover... you'll make your boatloads (would not recommend) If you're trying to liquidate your stock you should be happy about the uptick. If you're trying to establish a position, you may have missed the first buy in point but if this deal goes through the price will take off. If it doesn't, it will flop around the 35-40$ and you won't lose much. So no biggie. How can people say investors have lost faith in Musk and then in the very next sentence complain and criticize that tesla is 5x overpriced. Lots of delusional people in here.
You should understand how all these billionaires unite these days with debates and interviews in the YouTube and other social media platform. When I see most of these guys pumping the crypto irrationally, questions arise naturally..... It is all same with Tesla..... there are many promoters pumping it with their fund miney... of course, it is not their personal money, but pooled from investors! Look at Cathie Wood. She was always in the negative territory and with Covid her funds start behaving.... then she was all over the media and further hyped all Zhit Ty stocks... now look at any of her funds, except Tesla all her stocks are in big time negative! For me these are all nearing end of the game.... we should be careful as all these could collapse any time.... Eventually all these will go back to real valuations.
Then why play in the stock market at all? Financial collapse is inevitable, and it's not company dependent. There's never guarantees. I mean, I've made 20% since my comment from 10 days ago... I don't get the point in posting/bashing a company if you've actually lost faith in the system as whole. That means regardless of what the stats and markets say, you'll be in disagreement. Not really a logical conversation at that point.