In: Finance
How is the overall industry performing?
How is the condition of thr company?
Please provide some in-depth insights, thanks.
Please pitch some not well known stock! thanks
back the pitch both quantitatively and qualitatively
Two Stocks I want to short are Tesla and Amazon.
A. Industry performance of the Tesla has not been great and Tesla is the sole out performer of the industry as it is believed to generate a higher cash flow in the long run but the company is currently not even making profits so this company is highly running on optimism and short squeeze, so I will be trying to slowly formulate my position and if this share is going to fall this will be providing me with more than 40% return
Short Tesla with stop loss of 550 and short in the range of 470-480 for a target of 300 and lower.
B. Amazon is another overvalued stock and this valuations cannot be sustainable for the longer period of time as we can see that there is a adverse economic situations and the sales and revenues along with the profits along with margins of the Amazon are going to fall in future and hence if one can be the short position by acting proactively he will be getting a lot when the market will be turning down side as this will be the outperformers on the downside.
short Amazon at the current price in the range of 3300 with stop loss of 3600 and with the target of 2000.