A thread on $TSLA / $TSLAQ the stock in 2020:
Donβt retweet this, @gordonjohnson19 would not like the unit of #Gordon to trend. /2
/2 Some of you may ask: βWhat is a #Gordon?β
This used to be easy to answer. @gordonjohnson19 was famous for his bearish price target on $TSLA: $ 87. Prior to the 5/1 split. /3
/3 His price target (one #Gordon) translated into $17.40 post split. That price target was supposed to be the real value of the stock, those targets are usually for a twelve month timeframe: @Tesla the company ~ 1 #Gordon. /4
/4 One #Gordon wasnβt meant to tell us by how much the stock would rise every 10 days in 2020, but it ended up doing just that: $TSLA started the year at $86.05 or $430.25 pre split. It ended the year at $705.67, hence went up $619.62 ($3,098.10) or 35.6 #Gordon. /5
/5 So on average $TSLA added almost 1 #Gordon every 10 days. Thatβs despite falling to itβs annual relativ low on March 20th. /6