Originally Posted by
Dassets
Hi, a quarterly miss doesn't really mean much on its own. However for me it is quite obvious the reasons for the miss are much more the real story. I was playing safe due to my concerns about Musk selling in a structured way so reduced my short from 900 to 400 this morning. Don't regret rebuying shorts but I am now am confident from this result I have a good handle on the company.
I am going to build a bigger more permanent position. Finished product inventory over the next 12 months will keep growing.
There are downgrades happening. However that doesn't matter because retail buys it until they don't.
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