Tesla (TSLA) seems to be one of these other "priced to perfection" lessons. This is why at my stage of life I DO NOT buy these kinds of stocks. Yet for the younger guys with time on their side and the desire… sometimes "events" like this in a stock are the opportunity to get in.
Nobody should buy stocks like these unless they really really understand and acknowledge that they are very high risk. They can have very high rewards - and or they can blow up before your very eyes. If you don't have the capital (whatever that number is) and you don't have the stomach to ride these kinds of stocks (wild ponies really) then stay out of them. If you DO have - just remember "buyer beware".
Right now -- it's more fun to be at SEMA… and not watching the stock market - and that's why I invest the way I do - and just get the dividends. :>)
|