Earlier quoted context omitted.
Would it be worth shorting Tesla now at $900?
“The market can stay irrational longer than you can stay solvent.”
I feel this comment in my bones.
Tesla stock explodes higher again, topping $900 per share
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Re: Tesla stock explodes higher again, topping $900 per share
#32How is this relevant to Hacker News? > If they'd cover it on TV news, it's probably off-topic.
> On-Topic: Anything that good hackers would find interesting. That includes more than hacking and startups. If you had to reduce it to a sentence, the answer might be: anything that gratifies one's intellectual curiosity.
A lot of people here like a) the nerdiness of Tesla, and b) the stock market's reactions to it.
Re: Tesla stock explodes higher again, topping $900 per share
#33Earlier quoted context omitted.
So far he didn't do much space exploration, more like space littering
If you think space is something that can be littered you might be conflating space with Low Earth Orbit. The space in the solar system alone is literally quadrillions of times the volume of the entire Earth.
The crazy thing about space is we are actually losing access to an in-perceivable number of galaxies due to the expansion of the universe and those galaxies moving outside of our light cone.
Each day we wait to explore the universe, millions of planets effectively cease to exist.
Re: Tesla stock explodes higher again, topping $900 per share
#34This is a short squeeze. The people that shorted the stock are buying the stock to close their position and forcing the stock up. This has happened with Tesla before. The stock went from the 40s to over 100 in a very short time and never looked back. The stock will find a top and collapse a bit. But the stock price will end up higher than when it started the run. Those that shorted the stock before the run will never…
Would it be worth shorting Tesla now at $900?
Much safer to buy put options if you think the stock will go down.
Re: Tesla stock explodes higher again, topping $900 per share
#35This is a short squeeze. The people that shorted the stock are buying the stock to close their position and forcing the stock up. This has happened with Tesla before. The stock went from the 40s to over 100 in a very short time and never looked back. The stock will find a top and collapse a bit. But the stock price will end up higher than when it started the run. Those that shorted the stock before the run will never…
Would it be worth shorting Tesla now at $900?
If you have to ask, you can’t afford it.
Re: Tesla stock explodes higher again, topping $900 per share
#36This is a short squeeze. The people that shorted the stock are buying the stock to close their position and forcing the stock up. This has happened with Tesla before. The stock went from the 40s to over 100 in a very short time and never looked back. The stock will find a top and collapse a bit. But the stock price will end up higher than when it started the run. Those that shorted the stock before the run will never…
Would it be worth shorting Tesla now at $900?
The squeeze aint over yet; 22% of its float is short [1].
We may see this pop into the 1000s by the end of the week.
1. https://www.gurufocus.com/term/ShortPercentageOfFloat/NAS:TS...
Re: Tesla stock explodes higher again, topping $900 per share
#37Is this for real? Or is this bitcoin for 2020?
Re: Tesla stock explodes higher again, topping $900 per share
#38Is this for real? Or is this bitcoin for 2020?
Re: Tesla stock explodes higher again, topping $900 per share
#39Boris Johnson just announced a ban on petrol and diesel car sales. Probably related to that? https://www.bbc.co.uk/news/science-environment-51366123
Laying aside Boris Johnson's track record for actually following through on what he says. No political promise longer than the tenure of the politician making the promise can ever be taken seriously. Notably, Johnson's predecessor announced a legal commitment to ending the UK's global warming contributions by 2050... after she ha announced her resignation.
Re: Tesla stock explodes higher again, topping $900 per share
#40Earlier quoted context omitted.
If you think space is something that can be littered you might be conflating space with Low Earth Orbit. The space in the solar system alone is literally quadrillions of times the volume of the entire Earth.
The crazy thing about space is we are actually losing access to an in-perceivable number of galaxies due to the expansion of the universe and those galaxies moving outside of our light cone. Each day we wait to explore the universe, millions of planets effectively cease to exist.
This is actually a very good point!
I've not made up my mind about this whole expanding universe thing (whether it's permanent, local, even real) but based on our current understanding it certainly seems that you're right - the world is getting a little bit smaller all the time. Time is of the essence - we need to move fast.