/biz/ - Business & Finance

>>23472492
Will never happen simply because it's impossible to unwind at that point and would break pretty much all rules and laws. Facebook's law department wrote a nice pdf essentially just calling it a ridiculous nonstarter by people who have no idea.

And FB usually gets off the lightest in documents around that. Amazon and Google get lots of attention from them though.

That said I could be wrong and my FB position is only 15% of my folio

>Completely negated yesterday's losses already
I apparently rolled my puts a bit too far out. Two weeks.

You live and learn. Always roll on Friday lads. You will regret it otherwise.

>>22277024
>what auto manufacturer is truly competing with Tesla right now?
That's like asking what plane company is competing with Gulfstream or what pharma company is competing with Biogen.

Tesla sells fewer cars a year globally than F does in two weeks in the US alone. Tesla is a dwarf compared to VW or Toyota. Both companies now heavily investing to close the only moat that Tesla has, it's battery and ai.

Tesla is not a bad company, but it's not worth lmao 400 USD. It's a bubble and once the panic starts we will see a gigantic dip. When that will happen? No idea.

Who here sold the bottom?

I saw very people doing it desu. So /smg/ seems to be going back to being a bit more mature in its trading.