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
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Last
$6.40 |
Change
-0.165(2.52%) |
Mkt cap ! $5.996B | |||
| Open | High | Low | Value | Volume |
| $6.53 | $6.55 | $6.39 | $10.57M | 1.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 29865 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 19397 | 18 |
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| Last trade - 14.14pm 08/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |