07-30-2013, 06:12 PM
Well, I didn't quite last my 10 years...I sold all my position today two days after I bought.
I was already up over 5%, and this morning a very influential shorting outfit called Citron Research sent out a tweet saying they were shorting TSLA I checked, and when they've done that in the past stocks have usually tanked for a few days or weeks before rising again. I'm hoping to get back in at a lower price.
Anyway...oil has been shooting up again recently, and is already over $100 again. I wouldn't not be at all surprised to see it spike over $200 if the world recovery continues and especially if things in the Middle East go south. That is going to drive people to electric vehicles in droves, just like it did when oil spiked to $143 a few years ago. Although shale is the wildcard...if Brent gets too high, shale becomes more affordable and could crash oil prices.
I was already up over 5%, and this morning a very influential shorting outfit called Citron Research sent out a tweet saying they were shorting TSLA I checked, and when they've done that in the past stocks have usually tanked for a few days or weeks before rising again. I'm hoping to get back in at a lower price.
Anyway...oil has been shooting up again recently, and is already over $100 again. I wouldn't not be at all surprised to see it spike over $200 if the world recovery continues and especially if things in the Middle East go south. That is going to drive people to electric vehicles in droves, just like it did when oil spiked to $143 a few years ago. Although shale is the wildcard...if Brent gets too high, shale becomes more affordable and could crash oil prices.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market
