Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hello tweeted about positioning in crypto-currency. Which is the big part regarding CYIO?
While I'd love to take credit for today's activity with the things I tried to turn that spin around, I doubt I was THAT influential.
But....what if... hmmm
Another step in countering the political spin today.
That is pretty common public knowledge, easily found with Google. His "not Silicon Valley" Silicon Valley past, his support for Trump in 2016, the turning Palantir into a controversial issue though it is a software. It has been easily attached to political agenda and media coverage.
I do understand the media attack on Palantir for two reasons.
1) The products are used with programs and activities that people and groups are opposed to.
2) Thiel is not liked by half of the country because of his corporate status/ history and his very open support for Trump in 2016.
Responding to #1, we can make the same argument against Microsoft if a SOF or ICE mission is briefed on PowerPoint, then MS is guilty of caging children or raiding a known terrorists residence. Or Adobe since the mission was turned into a PDF and emailed to others on a secure internet protocol. Or Dell because that was the hardware platform used by that agency. Long story short, this use of Palantir by politicians and media is just political spin.
For #2, I can't say much other than it seems unwise, in my corporate opinion, to alienate half of the country by placing a "Pres CANDIDATE - VP CANDIDATE 2020" sign in your corporate lawn.
Fortunately, our contracting regulations can prevent that from being the reason in US Gov contract work. Look at Elon Musk, he sued the US Gov (NASA) because SpaceX was not included in contract proposals. Everyone thought he was insane to sue the company he wanted to do business with. But he won and is now NASA's exclusive #NAStrAnaut and cargo delivery vehicle. Theil did the same thing with the US Army when Palantir was not allowed to submit proposal for the use of the system against the current contract with the DCGS-A program, and won. PLTR has not beat out the behemoth, bloated, money-gulping DCGS program, but won the lawsuit. Now provides a tactical platform in use right now. This is on top of their other SOCOM and USMC contracts.
Also a $28m contract with US Gov is not really that big of a contract. Don't get me wrong, its sizeable, but not massive. When there are so many other contracts ongoing, that shouldn't be something to sway a stock price. Maybe it is time for a twitter campaign to fight this one. I am definitely not buying this as a story, other than media influence on stock price with an insignificant contract price.
I am going to jump in front of todays Palantir news.
This news is discussing how UK spent only 2M pounds on Palantir, down from 28M pounds in 2019. Then the speculation of this appears to be a shift away from Palantir based on these 2 numbers. I am going to call the bluff of the news articles that want to try to make a correlation on these 2 numbers alone. This could be explained by upfront cost associated with a multi-year contract. Such as how US Gov and DoD contracting works such as a 5-year contract which is 1 year and 4 option years for the Gov to decide each year if they wish to continue with the current contract and company.
I do not know UK contracting rules, and I am sure they are just as involved and complicated as US Gov contracting. But I do not believe the change in cost from 2019 to 2020 is associated with a decline in favor from the UK Gov to Palantir. Look for the contracting page.
$PLTR Monday pre-market gap up to $24.41 from Friday's after-hours close at $23.88.
I understand, got it.
Not sure what that button is.
I appreciate your words in the first sentence. I am business owner of two companies and consult for another which is partnered with a major defense and intelligence industry corporation. I understand how to objectively look at information and am very aware of how to ask real and tough questions in expectation of real answers.
I do have a position with VMNT, though I recently cut it in half as the stock sits there like moss growing on a stone in the forest that no one walks through. There is zero catalyst for this stock. There has been some exciting news from the CEO, but it does not translate to the investor. No one is investing, no one is trading. SEC filing have very limited restricted shareholders, and the daily volume is minimal.
You are correct, many OTC traders on message boards or social media are looking for the next big lottery ticket. Very similar to the bleacher seats at a horse track, just there to make a buck. I get it, nothing wrong with that. There is very little interest in understanding the fundamentals or history of a company to determine the viability of put money into their ticker. I'll admit, I take chances on pure momentum at times and have zero knowledge of the company, including the name. I am in it for 5 minutes and out. But I don't do that with serious money.
Reading the article you listed, as well as the one Tran tweeted, makes Vietnam sound like what Vegas was back in the 50s, run by those with some money and they get to make the rules, without regard to the consequences. Maybe it is more like the boomtowns of early western America.... Dodge City, Deadwood, and Tombstone, make the rules by those who got in first. There are so many companies listed on the graphic in Tran's tweet. It looks like a listing for payday loan companies in the southern US 10 years ago. That was a rise and fall just like the Shake Weight and Ronco Rotisserie Chicken Cooker.
Absolutely nothing new this week. Surprised? Me either. This does seem bizarre from many standpoints, but timing and professional business appearance seem to be the two biggest missteps.
There are many other services coming to market with similar concept as the original idea JG had. Is HealthyAmerica/TrustAssure/CommonHealth/CommonPass better? Maybe. But having the market flooded with alternative makes for too many choices and loss of market share. That is part of Econ 101, simple approach with an idea, be the first to market with a viable product.
The other is business appearance. This one seems to be argued frequently by many people who do not seem to understand business very well. About how it is not a company's responsibility to inform investors or to have a webpage, or a social media presence, or how long it takes to complete a reverse merger. Look through historical merger, reverse merger, acquisitions and find out about the companies involved. Look at their business practices at the time and through the merger/acquisition process. Most of them continued to maintain their business presence and remained open to updating on progress.
I wonder if CLX is really a company or just a whim that will fade off into obscurity.
I wonder, if it is a real company, why they are playing games with a sub-penny OTC pump and dump stock company.
If this is a really is to be a company that wants to be public, I would 100% keep my eye open for any twitch of news for about a SPAC, and a very fast exit away from PASO.
Yes I understand, but it is not international. To become an international financial institutional takes a lot of effort, way beyond P2P funding and loans.
Since it is in Vietnam there is not any conflict of business interest.
A US customer is not going to be confused by trying to get a loan from eloan.vn unless they have a bank account in Vietnam, then maybe..just doubtful. If there was conflict or trademark infringement U.S. based E-Loan would be in court with them.
One isn't stealing business from the other.
While I can't answer for their business actions, it appears to be a company registered in Vietnam, hence the .vn in the URL. The eLoan you added the link to is a U.S. based company from Puerto Rico and falls under U.S. banking laws on U.S. originated loans.
The eLoan from Fvndit likely does finance in Vietnam subject to their government's laws.
Appears to be two different companies, two different countries, not in conflict with each other as their business does not overlap.
I just read that article he tweeted.
I'm not sure I would consider $0.46 decrease as "tanked", this isn't a sub-penny OTC stock. This volatile market allows for those with differences to buy up large lots and hold just for these occasions. To dump their shares during a live talk and make a point that they do not like the CEO or company product/leadership. To me, that is exactly what is happening. The price could have done it at any other time, but it didn't. When the increase on 25 Nov happened, was it because Henrik was not talking to the public? No, I doubt that was the reason.
I prefer to hear the company vision from the one with the most stake in the game, not a mouthpiece who owns a few shares of stock and has a nice smile.
I appreciate you sharing your differing opinion.
We all look at how people speak differently I suppose.
A few new tweets this morning.
CYIOS Corp. (CYIO)
@cyioscorp
I listened to both of Henrik's last two webinars and like what was said. He is well-spoken and seems to have a great idea for what is currently happening and where Fisker is going.
Ocean being the current model with a second model based off the same platform. My thought is it will be a compact truck of some design. Similar to the Ocean but with a bed instead of closed SUV rear end. And four models by 2025.
Henrik had descriptive responses to the discussion, this lends me to believe how genuine he is and the passion he has for ensuring the success of Fisker.
Awesome, enjoy your investment. I was answering the question you posed to me by replying to my post.
I take it that Tan Tran and possible other Boards, Vemanti Group, or FvndIt members travelled to the Marena Gold Refinery in order to have the business discussions and do the Letter of Intent signing.
My thought is that VMNT and Tran want to have gold backed asset to develop Fintech (financial technology) and crytocurrency transaction. Fintech ideas would be to rival things you know such as Paypal, Venmo, Apple Pay, etc. If your financial transaction service has gold in a vault to back the transactions, it creates a level of guarantee that gives and investor and service user confidence in using the service.
I think the twitter pictures were nothing more than flashy show that this gold refinery makes gold bars. All gold refineries make and stamp gold bars, thats how they maintain consistency in weight and dimension. Industry standard stuff.
I take it that you did not understand my post.
Tweet from Henrik Fisker about upcoming live chat today at 3pm EST
@henrikfisker
13m
I'll be LIVE with
@autoline
at 12 PM PT today! Join the live chat during the show at link #AAH
Fictitious name was supposed to be Aeacirm, Inc
Since no one else is talking in here, I get to run ideas past myself.
Think the name of the company name was conceived in the same way as this fictitious company?
Amacire, Inc
Tan Tran, let me know if I am right and I will double my position in your company.
I appreciate the comment. Look forward to your feedback in the future as well.
My guess.. Fisker is going to make a truck on the Ocean body.
Nevermind
Might be on to something with that $22.50 level. Still floating a close average to it. Hit $22.25(6) twice now and bounced each time. I am watching that line very closely now.
True, you should not try to register or call your new business KentuckyFriedChicken, as you will likely incur a lawsuit. There is a difference in what we are discussing though, it isn't the business name, it is a slogan, and it is not illegal to use a mark that is similar.
TrustAssure is not registered. An entity does not have to actually register a mark to use the TM either.
Trust Assure is registered by AIG. Does TrustAssure have anything to do with Trust Assure from AIG or the business undertaking of any of their business divisions? From a cursory review of their sites, they are an insurance and investment group.
Does TrustAssure cause conflict with AIG by having this logo on their app? This is the difference in similarities as you mention. They did not make a restaurant called KentuckyFliesInChicken.
Right now, from the public information, it is an app used to securely store and transmit medical data to mitigate transfer of Covid by allowing those that have registered and shared their medical information can utilize the services that fall under the program. This does not appear to have anything to do with Business and Enterprise Insurance and Investment, therefore no conflict. I am not say they aren't connected, they may be. I am describing how the trademark idea works and how these two things may sound similar, may very well be not even close to connected.
I can't answer as to "why", business does what business wants. But I do know there is a difference with a space between words when it comes to trademark registration.
I guess it popped while I was making the post!!..Ha. Let's see if it can hold.
They have trademark on Trust Assure, not TrustAssure. There is a difference. Which AIG logo are you referring to with a shield? American International Group Inc logo is a white and blue box with border with AIG.
I am a long, though I do have a smaller position. I am not swing or day trading this until it finishes this correction.
I will ride out this ...well whatever this is being called. This stock is not following rules! It did not on its run that started 2 weeks ago, and it is not right now. I believe Citron was effective in creating panic and would love to see their (his) position in PLTR right now. Though because of the few days before it hit $34 very fast from momentum and fear, once the short started those same buyers used the same emotion in a 180 to sell.
I do feel Soros media attention played into this shorting as well. With almost 2% ownership and his campaign of "Down with Palantir, I'm selling!", I would think his following would get the message and create a movement based on their vastly opposing political positions.
The stock movement on the chart 5 Nov to 23 Nov was understandable in a company gaining traction. 23 Nov to 25 was driven by momentum to climb how fast it did. 25 Nov to 27 Nov was everyone jumping onboard because that is all they saw in the news feed. It shouldn't have gotten that high without correction, but the buying volume drove it.
I see a gap after hours to premarket opening 20 Nov AH $18.30 and the lowest it went to on 21 Nov was $18.32 (white line on my chart). Not meaning this will head that far to fill that gap, just mentioning that it is there.
The fundamentals of this company are intact, it is well-established and has proven itself. There was sizeable institutional buying that made sense in support the company's future.
I do feel bad for those that bought last Friday and watched this train without brakes come down then hill.
I added a 20-day 30-minute chart with how I have viewed this stock. Sorry you cannot see the candles from all of my charting lines. The boxes in purple along with the titles in yellow are my own notes.
I am confident in the long term, I feel it will correct soon, though cannot say how long or slow that process will take. I'm watching the $22.50 area as a support. And while I am typing, that is very close as Mark is $22.80.