peterod (87.92)

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Oh Oh...Is this the new .com Bubble?

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June 29, 2010 – Comments (5) | RELATED TICKERS: TSLA , PLUG , BP

Tesla motors should begin trading today and this stock reminds me of the .com days all over again.....thoughts?

5 Comments – Post Your Own

#1) On June 29, 2010 at 11:25 AM, HooDaHeckNose (98.51) wrote:

I remember thinking the same when Google went public. "$85/share, what are you drunk?" Alas, another example of my great acumen as an investor.

Regardless, I'd short Tesla in CAPS after its initial run up.

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#2) On June 29, 2010 at 11:39 AM, TMFDeej (99.36) wrote:

Hi peterod. Here's my thoughts on Tesla if you're interested:

Today's Stone Cold Steel Pipe Lock CAPS Short

http://caps.fool.com/Blogs/todays-stone-cold-steel-pipe/413272

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#3) On June 29, 2010 at 11:59 AM, peterod (87.92) wrote:

thanks DJ! interesting thoughts....

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#4) On June 29, 2010 at 1:24 PM, Turfscape (35.23) wrote:

The only question the Tesla IPO has stirred in my mind is: Is it possible for there to be a startup auto company in the U.S. anymore?

It would appear that, unless there is continued high-level support from the uber-wealth and celebrity crowds that isn't actually in their best financial interest, the answer is probably no.

I would really like for Tesla to be a success story with their stock trading at $55/share two years from now...but that simply won't happen.

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#5) On June 29, 2010 at 1:33 PM, peterod (87.92) wrote:

maybe they move to korea or china in the future?....I think the play here could be on the battery maker as they could sell to anybody and a gas/electric plug-in seems like the most likely out come for the future of the auto industry...

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