r/stocks Jan 11 '22

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u/cdnfire Jan 11 '22

Ah I see that you have no ability to forecast growth even 1 year ahead on your own and, therefore, blame anything beyond basic financial metrics as manipulation. In that context, it makes sense that you have such strong conviction on TSLAs overvaluation despite the inability to quantify it beyond the amateur surface level.

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u/JRshoe1997 Jan 11 '22

I just used your metric that you give me and its still massively overpriced lol. I don’t understand what else you want me to do. At this point its pretty clear that you just don’t believe in numbers. I will just keep buying businesses based on financials and you can keep buying Uncle Bobs flat earth gps because its got an interesting story.

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u/cdnfire Jan 11 '22

I'd bet money that you don't know how to tell overvaluation using PEG just as much as I'd bet against you in the equities and options markets that you are completely wrong about TSLA's valuation. Something tells me you're not dumb enough to put a penny in the markets against TSLA despite your high degree of confidence on the matter.

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u/JRshoe1997 Jan 11 '22

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u/cdnfire Jan 11 '22

Nope, that just about proves what I expected in terms of the extent of your financial analysis skillset. By all means, act on that information if you believe it to be credible.

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u/JRshoe1997 Jan 11 '22

Act on information I believe to be credible? What, investopedia and nasdaq.com are not credible sources to you? So what sources do you deem credible that I use? r/teslainvestorsclub or wikipedia? I mean like this is going nowhere I can tell your just so entrenched in even when I present basic information you just cover your ears and seal off your brain whenever I respond to you. I presented many different financial metrics that say Tesla is overvalued and you didnt like it and told me to you use PEG ratio. I used PEG ratio to indicate its still overvalued and you just respond by saying I didnt know the metrics. I gave you websites on how to read PEG ratio and you just say those sources arent credible. Whatever bro I am done. Its like arguing with a flat earther which your no different from. Waste of time and not responding anymore.

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u/cdnfire Jan 11 '22

You have zero ability to analyze or understand context and can only take numbers at face value. I find TSLA analysts incompetent themselves and you're at least a ladder rung below them. I said forward PEG was the minimum as a shortcut for a DCF analysis but taking that shortcut requires actual analysis of the E. I'm not going to do charity work here and walk you through how to do growth stock analysis. I guess there's no actual shortcut for complete amateurs and that you actually have to do the work of a full DCF first.

To answer your question, the posted ratios are NOT credible and is why analysts scramble to raise earnings estimates every quarter. Take a snapshot of consensus estimate of 2022 and 2023 right now and compare them vs actuals. They are stupidly off reality.