Boiler Room: The Official Stock Market Discussion

[Scholar]

Mfers been waiting since July for a Tesla dip

shyt ain’t coming

 

[ill]

Speaking that bear market into existence

I'm not gonna buy at a higher price, cuz its dippin. Aint that right @ill

Lmao I'm only messing around.

Tesla stock is irrational and realistically any stock that goes parabolic will come back down to earth at some point. Its still a good company and has tremendous upside but IMO its soooo far disconnected from reality right now that a correction was more than due.

If it doesnt find strong support by the end of this week expect 15-20% drop next week. All those new comers that had FOMO and thought Tesla was a gold mine/retirement account and bought in at $500 are going to shyt their pants and sell as fast as they can.

 

[FabTrey]

I'm not gonna buy at a higher price, cuz its dippin. Aint that right @ill

all you had to do is dollar cost average breh


when it comes to TSLA? just believe.

 

[Kyle C. Barker]

I told you a correction was coming @K-Deini but what is happening is some large firms dumped it for profits and will likely buy back in. can't go up for months straight with no pullback

Do you think these large firms will swing trade it?

People have been blaming retail investors but this amount of volume makes it seem unlikely

 

[K-Deini]

all you had to do is dollar cost average breh


when it comes to TSLA? just believe.

All my extra cash in abio .

 

[KalKal]

Lmao I'm only messing around.

Tesla stock is irrational and realistically any stock that goes parabolic will come back down to earth at some point. Its still a good company and has tremendous upside but IMO its soooo far disconnected from reality right now that a correction was more than due.

If it doesnt find strong support by the end of this week expect 15-20% drop next week. All those new comers that had FOMO and thought Tesla was a gold mine/retirement account and bought in at $500 are going to shyt their pants and sell as fast as they can.

I believe in the product and I hope that my next car can be a Tesla, but its looking like a dotcom bubble.
Previously, there were massive numbers of TSLA shorts keeping it down lower than it should have been. But now you have too many people (e.g. my 80 year old Aunt) hearing about it on the news and thinking they're missing out on the next way to get rich.

 

[ill]

I believe in the product and I hope that my next car can be a Tesla, but its looking like a dotcom bubble.
Previously, there were massive numbers of TSLA shorts keeping it down lower than it should have been. But now you have too many people (e.g. my 80 year old Aunt) hearing about it on the news and thinking they're missing out on the next way to get rich.

Yup same shyt with Apple but to a wayyyy lesser extent. At least they have the financials to back up their valuation for the most part. People gonna be in for a rude awakening after the Sept 10 Apple Event. Apple's historically sold off on the event and IMO i think its also overextended right now and due for a decent pullback.

 

[NaijaProdigy Redux]

I love it. Bleed

 

[Scholar]

I believe in the product and I hope that my next car can be a Tesla, but its looking like a dotcom bubble.
Previously, there were massive numbers of TSLA shorts keeping it down lower than it should have been. But now you have too many people (e.g. my 80 year old Aunt) hearing about it on the news and thinking they're missing out on the next way to get rich.

)
This is what bothers me. Retail dive in with the expectation of getting a 500% return in a year (heard someone say this outloud

 

[FabTrey]

All my extra cash in abio .

if that shyt doesnt pop this month then im out

ill just buy SPAQ or more planet 13. im so tired of waitin for these hoes to pop

 

[K-Deini]

if that shyt doesnt pop this month then im out

ill just buy SPAQ or more planet 13. im so tired of waitin for these hoes to pop

Breh im bout to slowly dump a bag in abio and if that shyt even goes up 50% I would have made what I would have made in tesla in 2 or 3 years.

Only thing I'm worried about is if the news is priced in already. But yesterday's run made me think no

 

[Serious]

Yup same shyt with Apple but to a wayyyy lesser extent. At least they have the financials to back up their valuation for the most part. People gonna be in for a rude awakening after the Sept 10 Apple Event. Apple's historically sold off on the event and IMO i think its also overextended right now and due for a decent pullback.

For this very reason, I've been focusing on other aspects of my portfolio. If you're in it long term, then there's no reason to cop while it's super rich.

It's cool to wait it and prop up other undervalued stocks.

A stock like tesla is bound to have a decent pull back especially when it starts to cool down, but right now we're in the middle of a catalyst.


Hopefully after battery day it starts to taper off some. Maybe even december but like I said, I'm cool on not purchasing Tesla directly until early next year.

 

[ill]

)
This is what bothers me. Retail dive in with the expectation of getting a 500% return in a year (heard someone say this outloud

I always refer to this chart when trying to figure out hype stocks.

 

[dora_da_destroyer]

TSLA dip: ohh, you almost had it

 

[Scholar]

I always refer to this chart when trying to figure out hype stocks.

Posted that a while back. I agree. i think S&P and Battery can still do something for the stock but def in euphoria rn

Secure in my average and have cash to average down massively if need be