Hi @John Spectre , there's absolutely no point in doing it
... in my case, apart from the disclosing of positions in a particular stock (of which the thread is about), it's the trolling that seduces me, lol 
I buy puts (different kinds, currently OTM are not even available on some of these crazy tech stocks, lol
), bought more today and know exactly what my downside is, as I've already paid the premium. I use 6-12 months expiry dates, currently going with the end-of-year ones. It's quite a cheap beat to be honest, and it rewards handsomely and fast in case of a sudden decline, that's the beauty of casino stocks...in my case, it will become really asymmetric if prices get below $1,000 again...and if not, as I said, I know what I stand to lose.
Whatever you guys say...in the Y2K, web browsers at higher-than-solvent-banks market cap was fine because of 'web traffic and ads and such...'...but 99% of them had disappeared come year 2003. In this case, I get it, it's a different game, but not the one you mention, it has absolutely nothing to do with techie stuff and all that. It's some other deep siht that some guys play and that, for the sake of real capitalism, I ope it ends horribly wrong for them...
What I love about them, besides the obvious fact they are high on whatever substance you may think of, is the fact that they believe the rest gamble on its stock the way they do it, ie owning outright shares and bragging about it, or ridiculing those who they think do the counter trade (OP's mocking question above suggests that to me). As I said, I like the reminiscence of Y2K in all this, and for capitalism's sake, it better turn out to be true...You got to love Tesla cult members. Hopefully Tesla never makes commercial airplanes
True indeedIf you think Tesla is a bubble, wait until you see NIKOLA.
A electric truck company .. that hasn't built a single truck - with a $19.47B market cap
Compared to this s**t Tesla is gold ...
Like any of those web browsers with 0 revenue in Y2K and bigger-than-big-banks market cap, lol............I mean, really...I wonder how long before Softbank buys Nikola at full market cap, lmao.....
100% this is Y2K all over again.
Would make a great purchase to go along with their wework investment
.
f you think Tesla is a bubble, wait until you see NIKOLA.
A electric truck company .. that hasn't built a single truck - with a $19.47B market cap
Compared to this s**t Tesla is gold ...
. What a fraud. I mean the Hinderburg Research report is saying:
When I read the below I burst out laughing
. This is worse than when Warren Buffett invested millions in that solar ponzi scam..
P/E ratio close to 1,100 (yep, that's right, eleven hundred...all dead by the time common sense pays off, lol). My puts still under water but we'll see who's got the last laugh...
electrek.co
