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Tuesday, September 16, 2014
Monday, September 15, 2014
Elon Musk talked down TSLA, his company's stock price....
Tesla plunges as analysis says too much, too fast
http://yhoo.it/1sbAlzq
$TSLA
Tesla plunges as analysis says too much, too fast
Tesla Motors stock dropped Monday after Morgan Stanley suggested that its shares had risen for the wrong reasons.
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Tesla Motors (TSLA) stock dropped Monday after Morgan Stanley suggested that its shares had risen for the wrong reasons.
Shares in the electric car maker fell more than 9 percent by Monday afternoon, after Morgan Stanley researchers posited that they "do not expect the stock to appreciate so consistently and one-directionally from here."
One of the major concerns that the analysts noted is the failure of other electric vehicles across the developed world, which could lead to the industry to lobby for a "substantial revision" of air quality regulations "to slow down the pace of milestones they have little hope of achieving (besides Tesla)."
Morgan Stanley analysts also wrote that Tesla may have difficulty keeping up with Chinese demand, and that the eventual switch to autonomous vehicles may negate Tesla's current strategic advantages.
Still, the analysts said that Tesla's shares are ultimately worth $320, despite perhaps moving toward that target too quickly.
Last week, Tesla CEO Elon Musk suggested that investors often "get carried away" with his stock price.
"I think our stock price is kind of high right now," Musk said last week, responding to a question from CNBC at a news conference.
$TSLA
Tesla plunges as analysis says too much, too fast
Tesla Motors stock dropped Monday after Morgan Stanley suggested that its shares had risen for the wrong reasons.
View on web
Tesla Motors (TSLA) stock dropped Monday after Morgan Stanley suggested that its shares had risen for the wrong reasons.
Shares in the electric car maker fell more than 9 percent by Monday afternoon, after Morgan Stanley researchers posited that they "do not expect the stock to appreciate so consistently and one-directionally from here."
One of the major concerns that the analysts noted is the failure of other electric vehicles across the developed world, which could lead to the industry to lobby for a "substantial revision" of air quality regulations "to slow down the pace of milestones they have little hope of achieving (besides Tesla)."
Morgan Stanley analysts also wrote that Tesla may have difficulty keeping up with Chinese demand, and that the eventual switch to autonomous vehicles may negate Tesla's current strategic advantages.
Still, the analysts said that Tesla's shares are ultimately worth $320, despite perhaps moving toward that target too quickly.
Last week, Tesla CEO Elon Musk suggested that investors often "get carried away" with his stock price.
"I think our stock price is kind of high right now," Musk said last week, responding to a question from CNBC at a news conference.
"If you care about the long term, Tesla, I think the stock is a good price. If you look at the short term, it is less clear."
-By CNBC staff
Source: http://finance.yahoo.com/news/tesla-plunges-analysis-says-too-172523396.html
-By CNBC staff
Source: http://finance.yahoo.com/news/tesla-plunges-analysis-says-too-172523396.html
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Sunday, September 14, 2014
“20% doctor included”: Speculations and musings of a technology optimist | Khosla Ventures
Saturday, September 13, 2014
Thursday, September 11, 2014
CUT YOUR LOSSES
QUOTATION OF THE DAY"Men hold onto their losers a lot longer than women. They're sure the stock will come roaring back - even as it sinks. Academics call it confirmation bias; investment advisers call it boneheaded." |
Wednesday, September 3, 2014
Prosperity
"Happiness is prosperity combined with virtue."
- Aristotle: Greek philosopher and scientist
Financial Planning
New Book Investor Behavior The Psychology of Financial Planning and Investing by Kent Baker and Victor Ricciardi
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