35-year market vet David Rosenberg warns the stock market's rally features distortions that were glaring during the tech bubble — and lays out his plausible scenario for a crash"We believe the stock split decision was a smart move by Tesla and its
Board given the parabolic move in shares over the past six months," wrote Wedbush analyst Daniel Ives in a Monday note. He adjusted his price target on Tesla shares to $380 with a bull case of $700 and reaffirmed his neutral rating following the split.
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Fuel to the 'Tesla Tulip Bulb Mania' fire. Modern trading in arbitrary fractional squares, should be completely indifferent to splits. It's like Yogi Berra asking for a pizza cut in 6 slices since he doesn't think he can eat 8. Exactly like that!
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