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OT: Stock trading
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[QUOTE="HuskyHawk, post: 4101905, member: 1414"] I casually know a guy at a fund that was shorting Tesla for years. It was highly valued, unprofitable and reliant on federal tax incentives that were expiring on its cars and not on those from Toyota, Hyundai, BMW, Ford etc. It was a rational position. But then, putting big money on an online book store didn't seem like a great bet. Or a company shipping DVDs in mailers. Or a PC company that was finding its core products couldn't compete with Windows PCs. All three were big winners as physical went digital...shopping, ebooks, movies, music (the iPod saved Apple). With Tesla, you're investing in vision. You're expecting that Elon sees something and can execute to it. It helps that the cars now make money and demand is high. [/QUOTE]
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