If you are experiencing some kind of FOMO (Fear Of Missing Out) because Tesla’s stock sudden rise caught you off guard and you wish you should have bought when Tesla was in the 500 ~ 800 zone just weeks/ months ago, and now you are frantically trying to enter the market to catch Tesla before it rises even higher, then you should watch this video first.
If you do not understand Chinese or you do not have time to watch the video, here’s a quick summary. Basically, Vincent Yu, a long-time Tesla bull and founder of Tesmanian, urged caution to investors who are considering buying Tesla stock which is at an all-time high currently, mainly because the stock could be manipulated by markets makers (aka big boys or institutional investors) who have the cash to pump up the prices and then leave when they have made enough profits, causing a huge price drop. That leaves the retail investors vulnerable and helpless when they buy at a high price and the stock price suddenly plunges.
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