OK. Bragging time.
Ten days ago, I did a premium post which reached the ridiculous conclusion that Tesla, already with a quadruple-digit P/E, would go up another 25%. I declared my own prediction “hare-brained” and “stupid“………..here’s a snippet from the post:
And what’s the lifetime peak so far, merely a week after my post?
Wait, my prediction was $2520 and the high was 502.49. So what?
Well, there was a 5-for-1 split. So the split-adjusted peak was 2517.45 which, let’s all agree, is pretty goddamned close to 2520.
So I shorted this pig early this morning. Booyah!