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- Jun 16, 2020
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Elon criticizes bit coin and it drops in value then he and others buy and they make hundreds of millions as the price rockets. When he took our money and bought bit coin I was offended but didn't sell. Then down goes Tesla right after using our money. He and others want to invest a large amount of money into Tesla. They know something. But they need to buy low. I am waiting. I won't sell unless I need cash. 1 year? 2 years?
Hey, no politics.
Also, the longest expansions in our history sure doesn't seem to be 'destroying'.
Also. Elon pulls out of the market before it starts it' plunge and buys the only stock that has a miraculous climb. Not a coincidence. Next one to soar will be Tesla.
And the winner today is ETH!Elon pulls out of the market before it starts it' plunge and buys the only stock that has a miraculous climb.
FullyGrounded didn't suggest anyone's opinion determines market cap. I think they were merely stating that the market cap is not representative of the company's value... Which is true for many companies. Market cap tells you the total value of the company's stock... NOT the value of the company itself. A company's value would factor in all of its assets, debt, among other info such as growth potential.Market capitalization is determined by the stock price X outstanding shares. Not any one individuals personal opinion.
They already did respond... But your snide response to them about opinions gave the impression you thought a company's market cap was its value. I was adding info to help you understand market cap is not the best indication of a company's current worth.How about YOU let FullyGrounded speak for himself.