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Kong
CNBC Television
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Comments by "Kong" (@Koushi82) on "Two experts discuss Tesla as shares plunge more than 30%" video.
because they are also over valued all the tech fang stocks have been margin bought to the extreme. any little down day 3 days in a row destroys them. this is pretty much a fact. Margin used to leverage up buy these companies and make them over priced.
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@exaucemayunga22 and? 30% of the index funds are the tech stocks when 30% of the index falls what do you think happens? fang stocks smh. its on margin buying as well. pretty obvious. and they had their rug pulled a bit now recovery from margin calls. LMAO at the margin users at all time highs when they should have at least closed their margin debt and let it ride if they wanted to be safe but they wanted leverage over leverage
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