Tesla To $400? If Its Short History Is A Sign Of The Future, It's Possible - Tesla Motors (NASDAQ:TSLA) | Seeking Alpha
This is an excellent article about Tesla (TSLA), and it proves that all momentum stocks are not dead. I have owned Tesla before, but I got shaken out when it started dropping toward $200. I thought the momentum stocks would continue to be punished in our overbought market. Now that I see I was wrong, I will probably be a Tesla buyer every time it gets near $200. The stock gained $18 or 8% today while the rest of the stock market was flat. Even if Tesla does not get to $400 or $500, it is a big time trade if you sell while you are ahead. Making 8% to 20% trades in our current stock market is a worthwhile strategy to follow.
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