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That’s no FUD. That’s basics of business financial operations and markets.
Here is a basic tip. Cash is king when running a business, especially when sales and profitability are woefully hurting. AMC is burning their cash as can be seen over the next couple of years. This isn’t good for the company (aka stock price). Not sure how much more this can be simplified.
Even with a solid summer series or sweet results from Top Gun, it only somewhat helps, the underlying issues don’t go away and those holding short positions circle like vultures as they see what’s coming to the company and stock price. Just a matter of time.
There’s a reason this was a meme stock. Let’s forget about the company burning cash, odd mining investments or pre-covid revenue thresholds. All that goes out the window. Let’s forget about profitability. It could start selling real estate, but in economic downturn commercial market dries up. I haven’t seen any ideas the company put forward to plug cash. This is the biggest detriment to the near term stock price.
I’ll watch with popcorn. I think it will be less exciting than those on this board believe.
Except for the 48 other movies that have surpassed a billion in box office revenue…. :)
Just curious, but how do you value this at a $25 or $30 stock? AMC is burning cash and my guess is that any funds with short positions are waiting for the cash burn to continue and worsen the situation.
Amazing what happens when you don’t expect an approval.
Why not wait until the cc for the update? Seems like the most logical option. You can continue griping afterwards.
I’d equate that to less certainty than “the FDA can’t stop us” line.
I’m hoping to wait another 9 years. I like waiting. It’s my new favorite thing to do.
Must be Mikah v2.0 that owns 50% Adderall ER
Here is what June has brought over the past several years for Tesla:
“The electric-car maker has rocketed 17%, on average, just in the month of June in the past five years. And it's outperformed the S&P 500 in every month of June in that time, too. In fact, Tesla stock hasn't fallen in any month of June since 2016.”
https://www.investors.com/etfs-and-funds/sectors/sp500-elon-musk-gets-some-good-news-in-june/
Lol nice try. I post facts for others to benefit and refute lies as I see them. Thanks! :)
Tesla is a solid long-term investment for sure until I see material changes in industry, competitive landscape or finances.
Will be fun to see how environment heats up with increase in EV competition and how Tesla continues to navigate the lead.
Liars are my entertainment. :)
TSLA is a solid buy. 10 analysts that cover Tesla rate it a buy. Only one as a sell. 4 say hold.
Tesla is an industry disruptor, not one that should trade at book value.
Nice try though. :)
Sadly people are ok with lying. I am here to refute trash posters. :)
Any downturn in share price would technically get closer to the book value. That’s true for any company trading at a multiple that isn’t on the verge of imminent bankruptcy. Tesla is both flush with cash, massive pipeline and stock price to tap into the market, if ever needed.
I’d say scare tactics don’t work with trash like this, but we wouldn’t see it otherwise. So sad.
I’d even settle for half that. :)
You might, but I don’t. I prefer R&D for more trials, studies, ANDAs and hopefully NDAs. Would be great to see ADT come to fruition too. Elite is annualizing close to $40M in annual rev. With additional CNS ANDA expansion + global opportunities, I don’t see why we can’t start pushing to annualize at $100M within a couple of years. That’s just on CNS side as Elite hasn’t yet pursued Concerta generic (Lannett has already) or Vyvanse (off patent June 2023). Those CNS opportunities by itself are big and Elite knows they have to diversify as well. Looking forward to seeing what gets filed late 2022/early 2023 as Elite starts diversifying.
If Elite survives a few years without being sold, I’d like to see a small, steady buyback and uplist to NASDAQ. I don’t think CEO is ready to sell quite yet. I think he wants to beef up Mikah with some valuable ANDAs so he can create a package deal. My two cents.
That’s an SEC guideline, not Elite’s. Annual results are the only ones that are audited, which is why it also takes longer. Quarterly Q’s are not fully audited. Auditors work with tons of clients so extra time provides flexibility. Elite isn’t a huge company so they work with smaller audit firms they can afford that have less staff and can take longer.
Because he doesn’t own any options yet. Vesting window is over 3 year period and at end of initial 12 months he will best 1/3 of his grants and can exercise at that point. He owns nothing today.
Yes, extra dollar sign by fat fingering
Over $1M sitting on the ask now.
Not at all, I closed out yesterday for a nice gain.
He can’t buy. This would be a blackout period as he would be up to speed on financial results for Q4 and most of Q1 that has not yet been communicated to shareholders.
I don’t disagree, but you are missing the point of this thread from the original poster.
A hedge is much different than simply going short, which the original poster alluded to.
Pure bull right there. One cannot short their own company when in a CEO capacity. That is a major conflict of interest and not acting as a fiduciary for shareholders.
I agree. It could be tied to the required return to office procedures and any immediate backlash from employees.
TSLA sliding 3.5% pre-market due to Musk wanting to cut jobs by 10%.
https://finance.yahoo.com/m/2fccc441-6091-3abc-9a24-cdd05c0ae763/elon-musk-says-tesla-needs-to.html
Giant turd.
Over 2x market cap of Lannett now. Crazy.
Holy cow! I leave for the last 30 minutes of close and nearly wet my pants on the nice volume. I don’t see any SEC filing/news.
I personally don’t believe in paid bashers. I think ticked off longs experiencing falling stock prices came up with that theory.
Solid day. I closed out my long position. Strong positive trading day for sure. Kudos to longs.
Fewer than the number beamed up by aliens.
Might be little different sentiment under 9-year leadership tenure with massive fumbles, miscommunications, failed strategies, partnerships and non-arms length deals. Perhaps, but just a thought.
Without trades executing, ask will probably drop this afternoon.
Lol that’s from the article you posted. Might want to read it.
“Tesla is a fantastic buy today from that perspective, with or without the upcoming stock split.”
Thanks for posting.
Stock splits help smaller investors join the fray. Tesla has an unbelievable amount of retail strength. Stock split will only add to the current strength. It’s good news for long term shareholders.
Lol I was speaking of an investor conference, not earnings call.