pkovo
Well-Known Member
I did the same thing in my mid/late 20's, but then I ran into the .com bubble shortly thereafter.
This market is bananas. I've made some small moves in my brokerage account, but thus far burned myself sitting too much in cash in my retirement account. I just can't understand the market lately. Thus far, I would have done better overall to just look away.
Tesla is up approx 30% since the news of their split last week. Never mind that a split creates no value, it still hopped 30% and is still running. I was looking at their one year chart, a year ago today it was $211 its now $1781! An 800%+ increase in value in the past year? Can anyone shed any light on why this thing is valued the way it is, because I am stumped.
Weren't we talking about it being in "short territory" on here just a month or 2 back at $1000?
This market is bananas. I've made some small moves in my brokerage account, but thus far burned myself sitting too much in cash in my retirement account. I just can't understand the market lately. Thus far, I would have done better overall to just look away.
Tesla is up approx 30% since the news of their split last week. Never mind that a split creates no value, it still hopped 30% and is still running. I was looking at their one year chart, a year ago today it was $211 its now $1781! An 800%+ increase in value in the past year? Can anyone shed any light on why this thing is valued the way it is, because I am stumped.
Weren't we talking about it being in "short territory" on here just a month or 2 back at $1000?