W Update
Updated
This is what it looks like when a bubble pops, reminds me of the Dot Com bust.
This crap is headed for bankruptcy, and I don't see any of the other bubble stocks (SGMS, OSTK, SFIX, etc) coming back either. The market isn't done tanking until all of the bubble stocks die, and TSLA is still in bubble territory.
So more room for downside in the market, probably when the Feds disappoint next week.
This crap is headed for bankruptcy, and I don't see any of the other bubble stocks (SGMS, OSTK, SFIX, etc) coming back either. The market isn't done tanking until all of the bubble stocks die, and TSLA is still in bubble territory.
So more room for downside in the market, probably when the Feds disappoint next week.
Note
Looking at the balance sheet for this past quarter, I expect bankruptcy within one year.Trade closed: target reached
Getting close to the bottom here....I still expect this to go to zero by the end of the year.
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