[GregWeld]

Interesting discussion on Tesla (TSLA) this morning on CNBC. They just had LINES to put down money on their newest offering! That was when I first bought Apple (AAPL) way back when (long since sold) because the stores had lines out the door! Always a good sign right? I mean - WTF - People standing in line to buy your stuff should spell big $$$ and profits.

However.... As the talking heads pointed out. There is a big difference between loving a product, or business.... and loving THE STOCK. This particular stock is priced at a point that values every car they build at 1 million dollars! Holy WOW!

However... there are MORE BUYERS than sellers for the shares! As this morning they're up quite nicely simply based on the lines out the door. They LOOSE money on every car they build (now). So what people are buying is the future. The future is unknown, but apparently people feel that eventually the stock will be worth more than they paid. Will that play out well? Who knows. It has to fall in the gambling category in my humble opinion. So did FaceBook - Amazon - Microsoft (back in the day) and even Apple was a big gamble when they first roared back to life from the dead.

It's so interesting. What to do? Play a little? Or just watch? Danged if I know! Some times investing is just emotional - we don't want to be the only guy that didn't make money on something.... damn the torpedos! I always find that owning something like this is so gut wrenching - because its moves are usually violent. One days news has it soaring - the next day it drops like a rock. It's 52 week range? $141 to $286 !! That is a serious rollercoaster! Can you stomach $50 drops? It's such an interesting problem isn't it? Personally? I think it's the future. What worries me as an investor is, is there some other larger company that comes out with a Tesla beater... or do they just stand by and let them build the market? Think about Amazon and Microsoft in their infancy. Amazon was virtually unimpeded in building out it retail store crusher! Now all the big box stores are so far behind they can't possibly catch up. We all buy stuff on Amazon! IBM gave up on personal computers and handed that whole technology to Microsoft... and the rest is history. So is this what Tesla is doing?