Unlike Mutual Funds, writers don't have to reveal their past performances. Five days ago, Jeremy Cato recommended shorting TSLA:
http://www.theglobeandmail.com/glob...-for-elon-musks-tesla-motors/article22548681/
He conveniently fails to mention that he has been spouting such hate since at least 2008. He even has the audacity to write, Far be it for me to say I told you so. This is pathological. He said TSLA wasn't a good buy at $24, it goes up to $291, then falls to $190, and he is patting himself on the back for an expert prognostication.
Since he hides his performance from readers, I'll periodically update this thread to do the tracking for him.
January 26, 2015: TSLA 206.97
January 21, 2015: Cato says short at 191
November 11, 2010 TSLA rises to 29.26, Cato calls that strange. http://http://www.theglobeandmail.c...ny-losing-money-invest-anyway/article1392346/
June 30, 2010: Cato says Ford is a better investment than Tesla if you believe in EVs. http://www.ctvnews.ca/a-tale-of-two-ev-companies-1.528057
At that date, Ford $10.10, TSLA $23.83. Ford is currently trading at $15.10. Note that the S&P 500 is up nearly 100% since June 2010.
Funny how Ford is labeled an EV company in 2010, yet still hasn't revealed a purpose-built EV in 2015.
http://www.theglobeandmail.com/glob...-for-elon-musks-tesla-motors/article22548681/
He conveniently fails to mention that he has been spouting such hate since at least 2008. He even has the audacity to write, Far be it for me to say I told you so. This is pathological. He said TSLA wasn't a good buy at $24, it goes up to $291, then falls to $190, and he is patting himself on the back for an expert prognostication.
Since he hides his performance from readers, I'll periodically update this thread to do the tracking for him.
January 26, 2015: TSLA 206.97
January 21, 2015: Cato says short at 191
November 11, 2010 TSLA rises to 29.26, Cato calls that strange. http://http://www.theglobeandmail.c...ny-losing-money-invest-anyway/article1392346/
June 30, 2010: Cato says Ford is a better investment than Tesla if you believe in EVs. http://www.ctvnews.ca/a-tale-of-two-ev-companies-1.528057
At that date, Ford $10.10, TSLA $23.83. Ford is currently trading at $15.10. Note that the S&P 500 is up nearly 100% since June 2010.
Funny how Ford is labeled an EV company in 2010, yet still hasn't revealed a purpose-built EV in 2015.