r*****e 发帖数: 7853 | 1 Gordon Johnson, founder and CEO of GLJ Research, told Yahoo Finance Live on
Monday that Tesla’s lofty valuation will soon come crashing down, with a
number of factors weighing on the company’s stock price.
Those include Tesla’s upcoming addition to the S&P 500, set for Dec. 21,
which Johnson says could see shareholders who were putting money into the
stock ahead of the anticipated event, pulling back, and the loss of
government-backed EV (electric vehicle) credits from rival automakers.
Johnson believes Tesla’s stock should be viewed as akin to the likes of
over-hyped stocks like cannabis company Tilray (TLRY), which saw a massive
run up to nearly $150 a share in late 2018 only to fall back to $7.37 a
share. He also puts Tesla in the same ranks as renewable energy company
SunEdison, which filed for bankruptcy in 2016 after seeing its stock price
rise higher than $32 a share only to drop 99% in 12 months.
“You’ve seen this before. I know it sounds crazy, look at Tilray, look at
SunEdison, look at Suntech, some of these stocks, they went from $5 to $300
dollars, back to $5. They went from $2 to $300 back to zero,” Johnson said.
“It does happen, and we think that Tesla is a prime candidate.” | p**********m 发帖数: 92 | 2 Yea, a very very scary news!
What am I gonna do, gee!
I COULD NOT SLEEP WELL TONITE. | Y*Y 发帖数: 694 | 3 for the weak hands, please sell your tesla shares asap.
s&p 500 will appreciate the liquidity that you help provide. |
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