I would really like to buy some Tesla Motors Inc (NASDAQ:TSLA) stock
($250.07 down $-7.13 (-2.77%)) but by my own investing rules I can't.
See,
I can't really read a balance sheet or income statement, but I know
they are important. So, I do the next best thing. I invest by color. If
I'm considering investing in a company and its balance sheet and income
statement is all black I'll give it further thought. If there is any
red, I steer away.
Tesla, right now just has too much red. Will
the pre orders of the model 3 offset the red? I don't know! I can't even
read a balance sheet for crying out loud.
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