Cathy Woods who mange's a fund who was one of the biggest Tesla holders sold all her Tesla a few weeks ago. She often put out statements that stock was worth over $2,000
https://finance.yahoo.com/m/8695d408-c6ff-3f6f-80bb-a1b2490680d0/cathie-wood%E2%80%99s-ark-sold-tesla.html
Same with this fund Major Tesla investor dumps a big chunk of shares - Local News 8
https://miningfeeds.com/pressfeeds/hedge-funds-are-selling-tesla-tsla-and-buying-these-10-ev-stocks-instead/
So you can look backwards and say it has gone up 1000% so it has to double again or you can look around and see what others in market is doing. How market has treated Hi flyers in the past. Amazon currently has a PE of 57 What do you think of Tesla at almost 400. here are Amazons and tesla PE charts compare and think also you can put in symbol for any company and make a comparison.
Amazon PE Ratio 2006-2021 | AMZN | MacroTrends
Tesla PE Ratio 2009-2021 | TSLA | MacroTrends
You do not have to believe me but if you do not understand what I am saying and watching it you are missing a big part of the picture.
Understanding what you were saying about me missing momentum and just looking at Numbers helped me to buy Lynas in June and sell in July. I thank you for that.
i have never blocked anybody because you never know where good info might come from. Understanding other is very important in investing.
EV news, page-1445
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.54 |
Change
0.130(1.75%) |
Mkt cap ! $7.066B | |||
| Open | High | Low | Value | Volume |
| $7.46 | $7.58 | $7.46 | $2.958M | 393.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4226 | $7.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.54 | 354 | 1 |
View Market Depth
| Last trade - 11.22am 10/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |