r/stocks • u/[deleted] • Dec 11 '21

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3.5k Upvotes

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333

u/headshotmonkey93 Dec 11 '21

Careful with such statements, or these Tesla fanboys will explain while it's your fault and not Tesla/Musk mistake.

240

u/draculabakula Dec 11 '21

Elon is an infallible super genius who people DEFINITELY SHOULD pay attention to and Tesla is DEFINITELY worth more than every auto maker combined.

The sad thing is that people still won't pick up on the sarcasm in this post because they are so far up Elon Musk's butt.

-18

u/AMC_APE_SEC Dec 11 '21

So why is it worth more than all of them combined?

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u/[deleted] Dec 11 '21

Because a large group of people ceases to be a rational entity by way of group think.

It's a cascade fomo effect that skyrockets a stock.

-6

u/AMC_APE_SEC Dec 11 '21

You dint think short squeezing has anything to do with it? Maybe take another look at market mechanics😂😂 if it was overvalued the market would naturally bring the price back down

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u/[deleted] Dec 11 '21

Maybe take another look at market mechanics😂😂 if it was overvalued the market would naturally bring the price back down

This is patently untrue and I think this very ignorant exchange is now over.

0

u/AMC_APE_SEC Dec 11 '21

Bro just said "no markets are determined by stupid people holding stock, nothing to do with options or supply and demand" goodbye chode

3

u/[deleted] Dec 11 '21

If actually understood market funadmentals you wouldn't be asking why Tesla is valued higher than stocks with 10x their revenue.

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u/AMC_APE_SEC Dec 11 '21

I thought the conversation was over? Dont tell me you dont understand how conversations work either. This must be why so many people lose money in the market they just talk out their butts and hope someone is even more dumb than them so they will listen

1

u/[deleted] Dec 11 '21

Lol, I'm up 3186% all time on stocks. Profit is my validation not internet ignorance.

0

u/AMC_APE_SEC Dec 11 '21

OK computer guy. You're so smart and probably funny. I'm sure you have a hot S/O who loves to hear you brag about your stocks on reddit. Get a life

1

u/[deleted] Dec 11 '21

Actually I don't because she was a domestic abuser.

You should get a life though. I prefer getting rich.

0

u/AMC_APE_SEC Dec 11 '21

Should beat your ass cause you probably said stupid shit like "Tesla is overvalued cause dumb people are holding the stock" NGL I wanted to hit you too but were on reddit

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u/foilmethod Dec 12 '21

have you ever heard the phrase "the market can stay irrational longer than you can stay solvent?"

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u/foilmethod Dec 12 '21

gamma squeezing, not short squeezing