All- right, i'm not an analyst, i'm just a regular trader with a good perspective on tech stocks.
So far, i started last August 2016 at 150K $ with good and steady tech values, aiming for 1M$ :
Now at 209 000 $ with buy positions only on GBTC (bitcoin), GroPro and Take Two interactive.
My stocks by then : TESLA, SONY ADR, FB, MICROSOFT, TWTR, GOPRO
Telsa Space X shuttle exploded just days after i bought at 230 $ :) - 20% in one day .
It traded at that time around 190$ , but i had faith in Musk and the hype around Tesla Cars.
The massive selloff was just irrational and well, i was right.
TESLA trades now around 371$, i let you do the math !
This number is also crazy and irrational but this is all about human psychology .
Elon Musk himself considered "I do believe this market cap is higher than we have any right to deserve."
Hear me well, i never Short stocks, never ever, but every time things goes crazy and irrational, means it's the moment to take position.
I never short, and never use any kind of margin.
By then i'm not owning any of Tesla anymore. They will make great cars but the stocks now are just too burning hot.
This is my first post, so welcome to everyone, and thanks for sharing your opinion. I will soon talk about bitcoin and the infamous GoPro .