Submitted by dstiavnicky on Fri, 2012-12-14 12:18
The stock dropped yesterday for no apparent reason. Now is the time to buy.
There is an inordinate number of people 'shorting' the stock* and when Tesla announces deliveries and production numbers the stock will jump. This will cause what is called a 'short-squeeze' and the stock will rise further. Then we'll get the subliminal celebrity-actual-daily-driver endorsements (like the Prius did).
I think we will easily break $40-42 (up $7) by end of January, $46-50 range by summer and once Model X starts getting reviews the sky's the limit.
I plan to buy enough stock to allow me to pay for the car in full within the first year of owning the vehicle. Now that's what I call car of the year!
* Clearly they haven't actually driven the car...