Dropped a half a point, then shot up 2, then down around 3/4 as I write this, for a gain so far of 0.62. Bumpity bumpity. That high volume means somebody or somebodies wanted out and others wanted in. Shorts covering while longs took profit??? I don't pretend to understand it.
Edit: P.S. There are no more Roadsters, but you get my point. The more the better,
This is a volatile stock, often on a daily basis. Anticipation of milestones events failing seems to drive down the price, which then rebounds even higher when the event is successful. With approximately 9.9% annual growth and the promise of future dividends TSLA should certainly be a "hold" for long term investors and may well be receiving even more "buy" ratings in the near future:
Truly Electric Spaceship-Like Adventure ~ Signature Model Spaceship
PLEASE NOTE: these musings are the copyrighted intellectual property of the author, and are intended as part of a conversation among the Tesla Motors Clubs membership. My words may not be quoted by any third party outside the Tesla Motors Clubs forums, without my expressed consent. Especially the NYT, which is clearly ethically challenged.
Last edited by NigelM; 07-12-2012 at 10:14 AM. Reason: Grammar
Also, Mercedes' status has much declined. Today, it needs to be an AMG variant or a Lorinser / Brabus tuned..
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