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Big drop. Puny volume. eom
DEW :) :) :)
Dew, glad to see somebody on here can read Chinese.
MOON, is the Chevy electric? Great looking..
way nicer than Tesla balloon-blimp looks.
Vengeance being reaped. Always seem to come
down a lot faster than going up.
Oh well, it's only money.
OUCH! Red! eom
Something is really really "wrong" at/with Tesla. eom
Dew, Thanks. That's what I was hoping to read about. :) :)
Semi OT - It is ironic that the man who died a pauper
has a company named after him..that is worth
$300,000,000,000. And at is on its way to
$trillion dollar value by the end of the year..
at its rate.
And according to age-old theory of calculating
value...the company is actually valueless.
IE: Zero profit in 10 + years.
From the 52 week low NIO has been a 15..
a 15 BANGER. $1 TO $15. THE VAST MAJORITY
IN THE LAST 2 MONTHS!!!
Tesla about a 7 Banger.
PS
Tesla still hasn't made a profit
Oops - $1.5 Billion influx.
PS
Wonder how the guy who bought at $15.73
this morning feels?
A question is.. is the rumored $.5 Billion influx
of money already built into this run up price?
There is little doubt that NIO is China's pride
and joy. But will the stock traders take advantage
of that. In and out.. in and out? That is what
makes the stock fluctuate.
Back to $5??? It was just about a month ago I
sold half of my shares at $5.45. And thought I
was delighted. For about 1 day. DayYam,
What a mistake!
Gap? I was just about to say that.
Seems to be slipping down to try to fill that gap
at the open this morning.
Close yesterday - $13.22
Open this AM - $14.10
That is a huge gap.
But not all gaps are always filled.
AND NOW IT'S CLOSE TO GOING RED
STRAT - the point being.. China just reported
that China sales were down by just about
all other car makers. I did not put that in
context. Having just now seen the June sales
(down) report that just now came out.
Wait! Correct me if I'm wrong. NIO already
reported China June car sales and they were up
massively. While just about all others were
actually Down.
NIO sales increased 180%.
That helps explain the leap in stock price
the last several days.
Chinese citizens are buying Chinese!
Does anybody see NIO June sales reports. If
they are up again in face of all others'
China cars sales being down.. should be
worth more $$dollars onto NIO stock.
If NIO June sales sales down.. could be
chance for stock to "take a breather".
Maybe.
NIO rocketing.. even tho China June sales were
down. No mention of NIO's June specifics. Anybody see any?
China auto sales drop in June:
In signs of an uneven recovery in China, passenger car sales fell 6.5% Y/Y in June to 1.68M units after posting an increase in May, according to the China Passenger Car Association. The month was a difficult comparison because sales jumped in June of last year as dealers offered discounts to push models that risked becoming redundant with new emission standards taking effect shortly.
SUV sales were up 1.2% in June to 766K units. Sales of new energy vehicles (battery electric vehicles, plug-in hybrid and hydrogen fuel cell vehicles) fell 35% to 85.6K.
Tesla (NASDAQ:TSLA) accounted for 23% of all pure electric sales during the month with a tally of 14,954 Model 3s sold. Nissan (OTCPK:NSANY) gained market share during the month with a 4.5% increase and Geely Automobile (OTCPK:GELYF) posted strong growth of 21.0%.
FOOTER: If she goes to $1000 like
Tesla.. I guess I should not cry
about the 1,000 shares I still have.
I sold 1/2 at $12. Yesterday. Puts me
in strange situation.. psychologically.
Quadruple is a month. What to do?? eom
Uber! Thank you for expounding on 737 Max! Slight...
Slightly OT - Do you have comment on what was done
against Pan Am after she got no support from
anywhere after Lockerbie Terror attack that was
America's "First 9/11"?
Ever since Pan Am was thrown under the bus after
the terror attack against her at Lockerbie.. OTHER
airlines have gotten $$$Billions from govt when they
get attacked by terrorists.. or have any other kind
of trouble.
PS
Without Pan Am's historical support
Boeing would not have survived.. and
GE would be a shadow of itself.
737 Max: the bad publicity (garnered
partially by pilots who might not
have known how to react) caused by
those 2 crashes has "shaved" at least
$5 off of GE stock price thru the years.
MASSIVE BAD PUBLICITY.
Same issue for Boeing stock.
Just sayin'...
PS
OTOH - It is a sad commentary against
Boeing and GE that they did not lift
a finger to save their great benefactor,
Pan Am, after the Lockerbie Terror
attack in 1988. Pan Am, the Greatest
Airline in all of history.
Gone!
Nothing in the world seems to want to stop
electric cars. That run on coal.
Kicking myself for selling 1/2 back at
$5.50.
"Workhorse": $2 to $15 in month. WKHS is up
$4+ already today.
Day-Yam - TSLA should be baring some of
this market brunt.
But always smelling like a rose.
I think the Tesla MMs own a lot of the
stock in their accounts. And have maybe
made a secret Pact among themselves.
Too much good news all at once sent
the stock plummeting. Buy on Rumor.
Sell on news was rarely more true.
With all that news.. this might be
last chance to get these stock
bargains.
PS
But Musk's "never made a profit in
15 years" TSLA is dong just fine in
today's lousy market,
New auditors? Seems they would not hire
somebody who would give a bad audit.
Maybe the new guys will find some
cash the other guys forgot?
Ya think.
Maybe not. Since nobody knows what
is being talked about.
Pedestrian patent?
NIO DROPPED 6% since this morning. Just about
to fill the gap. Day-Yam!
Tesla took about 6 "breathers" already
this year. From $200 to $1,000. Never
made a dime in 15 years.
Tulips anybody?
A 15 Banger this year already!!!
.28 to 3.98.
Filling this morning's gap quickly. Not that
I am a "gapper" believer. But it Does happen
sometimes.
$10 would work better. Or $11. Or $12.eom
Audio Warning device should be installed. "
"Boo! Stay away."
THAT should be worth $2 for stock. eom
Woke me when it's $20. eom
Joma, here you go:
(not saying this has to be NIO case... but...
Offering Restrictions
While most secondary offerings do not come with restrictions, it is important for investors to verify whether any restrictions exist around a secondary offering. For example, a secondary offering could carry a lock-up period, during which time purchased shares cannot be sold, similar to those that typically follow an IPO.
Timing
Traders should be cautious when trading around secondary offerings, which means it is important for short- and medium-term traders to anticipate when a secondary offering might be announced.
I think there is a time period the
buyers of the new stock have to hold.