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Couple of shorts is the only place I really made anything. FCEL for example which I've been going up and down that one for months now on a regular basis and kind of used to how it acts, shorted this morning at 8.15 and covered at 7.15; a whole buck. Yahoo. Haven't gone long again though like I usually have done, comfortability not there, the UP is a rare commodity right now.
Maybe Mon two steps up before it steps down again?
Have some comfort in that short term losses (little pain) for long term gains (lot of pleasure) has been effectively used for success many times and will be many times more. Dragging things out just makes us endure more heartache for longer. Nothing profound about that, just the way it is.
And good luck to you and all. On the other side of that, might be best if all the "news" is all at once. Like pulling the band-aid off quick, rather than dragging it out. I've had liquidity earning practically nothing for over six months with watching the irrational exuberance continuing for way too long in my view. About time for me to have a new dressing, long overdue. So I welcome it, just have to figure out what the end of it is, and when the reversal is on its way. Only the BigBoyz know, we peons are always late after their moves, picking up the scraps. LOL
GFS seems to be one of the stocks and one of the few I'm holding long and haven't sold any, to hold up in the depressed market with buy ratings. I entered on the first dip after first listing in the $50s and then yesterday around 63 and this morning a little under 64. The chart is generally in an uptrend with the pps about 66 1/2 currently.
I don't have a subscription to the WSJ newswire so I had to just clip the article from my ToS (can't copy and paste either the normal way)
If it breaks the 150, which probably will do if this "redistribution of assets" continue, which I think it will, the next support at 135 you think. Seems to be what is the determining factor is the general market conditions with most stocks, and not anything to really do with any individual stock factors. Same here with LAC. The only way IMO to fill that $25 gap and below, is if the general market takes it there. Might take a month to do it though, if it goes there. The Big Boyz won't allow for that kind of instant drop I don't think, unless something comes about that they won't have a choice in the matter and lose control. Which always is a possibility I guess, but not probable I don't think. A decent correction and more of reality to what things are worth would be the SPY for example to go to 400-420 somewhere. That may seem drastic, but not really in the whole scheme of things.
RIVN just set my alert off hitting the $100. Next stop; under $85. Then I'll start to watch it more seriously to enter depending on what it's doing. Should actually be about 50-60 IMO, may not happen, but it should.
That might of happened anyway without the market dip. It should have anyway. I think the Donald is scraping for funds. He was personally calling investors to try to cover for that PIPE. Doesn't look like he was too successful. Maybe the power he has is slowly diminishing, many of the Big Boyz are getting tired of his ass I think.
Just a redistribution of assets. Nothing to see here. LOL
Markets killing again this morning. Busy grabbing bottoms. Betting we'll have a bit of bounce later today.
I'm somewhere in-between leaning heavy toward it will pass side. But, I have sold most investment both stock and RE with worry that the fast rise in both can't be sustained (nothing close to just living out of a RV though). I figured that it was going to be within 6 months to a yr before the crud hits the fan, that was the beginning of this year. Getting practically nothing on my liquidity I was starting to wonder about the elusiveness of it all, the market just kept going up, Zillow keeps shouting out double digit increases for RE (they still are), it just bogles the mind.
But the market recently has put more calm in me, finally we might be able to start making some sense out it, introducing a little realty check. Now just the SEC needs to move up a level from the scammy pinks to the junk SPACs and upper level scams and all of the political frauds at least be curbed. Hoping that all of this is "just a anomaly". Maybe it's just my fantasy.
He was right then, and it's still correct today.
Pretty busy today working a bunch of bouncing. Probable that we see this volatility for another month at least.
FTC filed a lawsuit against Nvidia's Proposed $40 Billion buyout today.
https://www.ftc.gov/news-events/press-releases/2021/12/ftc-sues-block-40-billion-semiconductor-chip-merger
FTC Sues to Block $40 Billion Semiconductor Chip Merger
The Federal Trade Commission today sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of U.K. chip design provider Arm Ltd. Semiconductor chips power the computers and technologies that are essential to our modern economy and society. The proposed vertical deal would give one of the largest chip companies control over the computing technology and designs that rival firms rely on to develop their own competing chips. The FTC’s complaint alleges that the combined firm would have the means and incentive to stifle innovative next-generation technologies, including those used to run datacenters and driver-assistance systems in cars.
“The FTC is suing to block the largest semiconductor chip merger in history to prevent a chip conglomerate from stifling the innovation pipeline for next-generation technologies,” said FTC Bureau of Competition Director Holly Vedova. “Tomorrow’s technologies depend on preserving today’s competitive, cutting-edge chip markets. This proposed deal would distort Arm’s incentives in chip markets and allow the combined firm to unfairly undermine Nvidia’s rivals. The FTC’s lawsuit should send a strong signal that we will act aggressively to protect our critical infrastructure markets from illegal vertical mergers that have far-reaching and damaging effects on future innovations.”
Arm, which is owned by Tokyo-based Softbank Group Corp., does not supply or market finished computer chips or devices. It creates and licenses microprocessor designs and architectures, referred to as Arm Processor Technology in the complaint, to other technology companies, including Nvidia. These companies, in turn, rely on Arm Processor Technology to make computer chips that power a wide range of modern computing devices, from smartphones to tablets to driver-assistance systems to computers in large datacenters. Arm also provides important related support and services. Arm licenses its Processor Technology using an industry-described neutral, open licensing approach and is often dubbed the “Switzerland” of the semiconductor industry, according to the complaint.
California-based Nvidia is one of the world’s largest and most valuable computing companies, according to the complaint. Nvidia develops and markets computer chips and devices and is best known as the dominant supplier of standalone graphics processing units, or GPUs, for personal computers and datacenters, which are used widely for artificial intelligence processing and graphics processing. Nvidia also develops and markets products for advanced networking, datacenter central processing units, and computer-assisted driving. In these areas, both Nvidia and important competitors to Nvidia rely on Arm’s technology to develop their own competing products.
Because Arm’s technology is a critical input that enables competition between Nvidia and its competitors in several markets, the complaint alleges that the proposed merger would give Nvidia the ability and incentive to use its control of this technology to undermine its competitors, reducing competition and ultimately resulting in reduced product quality, reduced innovation, higher prices, and less choice, harming the millions of Americans who benefit from Arm-based products, the complaint alleges.
According to the complaint, the acquisition will harm competition in three worldwide markets in which Nvidia competes using Arm-based products:
High-Level Advanced Driver Assistance Systems for passenger cars. These systems offer computer-assisted driving functions, such as automated lane changing, lane keeping, highway entrance and exit, and collision prevention;
DPU SmartNICs, which are advanced networking products used to increase the security and efficiency of datacenter servers; and
Arm-Based CPUs for Cloud Computing Service Providers. These new and emerging products leverage Arm’s technology to meet the performance, power efficiency, and customizability needs of modern datacenters that provide cloud computing services. “Cloud computing” refers to the increasingly popular computing business model in which large datacenter operators provide computing services remotely and/or directly offer computing resources for rent, as well as provide other support services to customers who can then run applications, host websites, or perform other computing tasks on the remote servers—i.e., “the cloud.”
The complaint also alleges that the acquisition will harm competition by giving Nvidia access to the competitively sensitive information of Arm’s licensees, some of whom are Nvidia’s rivals, and that it is likely to decrease the incentive for Arm to pursue innovations that are perceived to conflict with Nvidia’s business interests.
Today, Arm’s licensees – including Nvidia’s rivals – routinely share competitively sensitive information with Arm. Licensees rely on Arm for support in developing, designing, testing, debugging, troubleshooting, maintaining, and improving their products, according to the complaint. Arm licensees share their competitively sensitive information with Arm because Arm is a neutral partner, not a rival chipmaker. The acquisition is likely to result in a critical loss of trust in Arm and its ecosystem, the complaint alleges.
The acquisition is also likely to harm innovation competition by eliminating innovations that Arm would have pursued but for a conflict with Nvidia’s interests. The merged firm would have less incentive to develop or enable otherwise beneficial new features or innovations if Nvidia determines they are likely to harm Nvidia, the complaint alleges.
The complaint names Nvidia Corp., Arm Ltd., and Arm owner Softbank Group Corp. The Commission vote to issue the administrative complaint was 4-0. The administrative trial is scheduled to begin on August 9, 2022.
Throughout the investigation, Commission staff has cooperated closely with staff of the competition agencies in the European Union, United Kingdom, Japan, and South Korea.
NOTE: The Commission issues a complaint when it has “reason to believe” that the law has been or is being violated, and it appears to the Commission that a proceeding is in the public interest.
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.
Have a safe trip buddy, it's a irritated world out there.
Frauds of yesterday, in which I don't see LAC acting like at this time, and are less concerning than the frauds of today and tomorrow. I'm hoping that we don't see the whole future market (including LAC) going to something more than just an anomaly.
You've probably already read the post on the DD board, and the writer doesn't address other problem similarities between common otc pinkies and listed junk SPACs and such, but the last statement in that article was food for thought.
Perhaps this is only a temporary anomaly without far-reaching effects. But there is also the risk that it is a harbinger of a new means of fleecing credulous investors. Against deliberate fraud and misconduct, regulators have an arsenal of weaponry. But against willful self-delusion and disregard of market realities, they stand powerless.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166972740
I would be more worried if LAC was designed as or turned into something like described from a former SEC fraud prosecutor. Since LAC wasn't designed or started like the example fraud listed in that article and that hope is that EVERY company's recent common market behaviors isn't like that fraud (not sure why one would be so concerned about just LAC and not the entire market group that behaves the exact same way, the behavior of how the general market works). Some people might have priorities in the wrong place or they are just nefarious in nature, not sure which. I'm not as concerned about normal market operations of LAC, but agree with that we do have to be concerned about frauds like Enron and fraud SPAC's such as these. It doesn't really seem like LAC has got any of the behaviors matching up with either at this point.
Does Securities Fraud Matter Anymore?
Some of these I didn't know or forgot they even existed.
15 Electric Cars That Are No Longer Sold in the US
BY JAMES MCCANDLESS ON 12/1/21 AT 3:00 PM EST
Today's automotive industry is going full-force into the electric space. But it wasn't too long ago that automakers were just testing the waters.
Experiments in battery technology, early limited releases and compliance cars led to interesting electric vehicles (EVs) with limited range.
Here's a rundown of 15 electric car forefathers that paved the way for the Ford Mustang Mach-Es, Volkswagen ID.4s, Subaru Solterras and Toyota BZ4Xs of today.
https://www.newsweek.com/15-electric-cars-that-are-no-longer-sold-us-1652518
It's always about the money and greed. That's the only ideology they have.
Yes it does. I have some cash waiting also to hopefully get my piece of pie. But we don't know the when or where like they do. Nor do we have that kind of control and we will always be late picking up the scraps.
That could be. All part of the scam I suppose. What's important is that the current sheep think that they are connected, and in that respect it definitely succeeded. I suspect the same groups that are pumping both of them are connected. I would surmise that it's a bit more than rumor for that whole slimy crowd. No matter, they are all up to no good.
Maybe you were being sarcastic and it went over my head. Sorry if that was the case. LOL
And a bunch of Big Boyz money sitting on the side now just waiting for the raping.
Oh there is a connection. The news statement in my ToS trading platform at 13:58:27 today states:
Here's the news headline.
Trump stock DWAC gains on report of efforts to raise $1B PIPE
I thought about trading it - for a moment - but then dismissed. I'll just grab the next scam another time. They don't have the same populous as before. Some animals actually pay attention to singed hair. LOL
I also think its for his enablers that put money in to get out at some profit before the real sh! hits the fan. There was a bunch of connected right-wingers investing into it and supporting it. $57 now.
There isn't the same volume or energy as it was before. I would be worried that the "dump" could be any second. Most of this is not the MOMO from before and a lot just manipulated by insiders for insiders. That's one of Trump's MOs. Creating illusion of popularity with paid promotion or fake interest suckering in the populace.
Of course it was.
I suspect your suspicions are totally correct. It's usually a preplanned deal and totally expected with the name Trump behind it. I also suspect that a whole lot more bags will be created. Just "sad" that there isn't more control over scams such as these.
If your talking about the most active PHUN that's the one that's connected to Trump and part of the current Pump and then dump of course with both. DWAC is on top now, maybe that's the one when you spoke. Still one connected scam. About to take candy away from babies. LOL
All I did was post the actual document highlighting the dates in question that were being discussed. The "news" was actually discussed way before today when the discussion was on the acquisitions. Expected "news" way before last night or this morning. The "carefulness" in the market has been discussed for over 6 months now. Catching up might be in order.
In which certain so called "leaders" encouraged, supported and validated. I think now the ones that did that (and are doing that) have lost complete control and don't even care as long as they can use it for their own purposes.
I keep hitting the wrong buttons. LOL
That's for sure. Always by the time they get a few cases confirmed in a few countries, it's already wide spread in many countries. It can be assumed that Omicron has got a good hold here in the US with just one confirmed case. The US has been one of the worst when it comes to testing. Then when there is some testing, the results get abused and manipulated. Things like 5 times the deaths from flu related and minimal Covid deaths reported. When in fact, it's the other way around. All part of the Covid Wars.
They are saying that in a couple of weeks they will know more with regards to severity and infection rates. That's pretty quick and only could happen if it already established and well on its way.
We're still dealing with the old wars.
https://www.nbcnews.com/news/world/munich-explosion-wwii-bomb-four-injured-rcna7221
Four injured after WWII bomb explodes in Munich, disrupts trains
The 550-pound bomb was found during drilling work, German news agency dpa reported.
https://www.sec.gov/Archives/edgar/data/1440972/000117625621000316/lithiumamericas6knr.htm
Lithium Americas Announces Offering of US$225 Million Convertible Senior Notes
November 30, 2021 – Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced that it proposes to offer US$225,000,000 aggregate principal amount of convertible senior notes due 2027 (the “Notes” and the “Offering”), subject to market conditions and other factors. The Company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US$33,750,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 30 days after the closing of the Offering.
The Notes will be unsecured and will accrue interest payable semi-annually in arrears and will mature on January 15, 2027, unless earlier repurchased, redeemed or converted.
The Notes will be convertible at the option of holders, prior to the close of business on the business day immediately preceding October 15, 2026, only under certain circumstances and during certain periods, and thereafter, at any time until the close of business on the business day immediately preceding the maturity date. Upon conversion, the Notes may be settled, at the Company’s election, in cash, common shares (“Common Shares”) of the Company or a combination thereof. The Notes will not be redeemable at the Company’s option prior to December 6, 2024, except upon the occurrence of certain tax law changes. On or after December 6, 2024, the Notes will be redeemable at the Company’s option if the last reported sale price of the Common Shares has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date.
If the Company undergoes a fundamental change, holders of the notes will have the right to require the Company to repurchase for cash all or a portion of their notes at 100% of their principal amount, plus any accrued and unpaid interest to, but excluding, the fundamental change repurchase date. The Company will also be required, in certain circumstances, to increase the conversion rate for a holder who elects to convert its notes in connection with certain corporate events or during a redemption period.
The interest rate, initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Offering.
Completion of the Offering will be subject to various conditions, including the approval of the Toronto Stock Exchange (the “TSX”) and the New York Stock Exchange (the “NYSE”). For the purposes of TSX approvals in connection with the Offering, the Company intends to rely on the exemption set forth in Section 602.1 of the TSX Company Manual, which provides that the TSX will not apply its standards to certain transactions involving eligible interlisted issuers on a recognised exchange, such as the NYSE.
The Company intends to use the net proceeds from the Offering to repay its indebtedness, including certain amounts owing under its amended and restated credit and guarantee agreement dated July 14, 2017 between the Company (as borrower) and 2265866 Ontario Inc., Lithium Nevada and KV Project LLC (as guarantors), BCP Innovation PTE. Ltd. (an affiliate of Bangchak Public Company Ltd.) and Ganfeng Lithium Co. Ltd. (as lenders), BNY Trust Company of Canada (as the administrative agent for the lenders) and The Bank of New York Mellon (as the U.S. Collateral Agent for the lenders), and for general corporate purposes.
The Notes will be offered on a private placement basis and will not be offered by way of a prospectus in Canada, the U.S., or any other jurisdiction. The Notes and the distribution of Common Shares issuable upon conversion of the Notes have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered (i) to persons
reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and (ii) outside the United States to non-U.S. persons in reliance on Rule 903 of Regulation S under the Securities Act, and, in the case of offers in Canada, to persons who are “accredited investors” and “permitted clients” within the meaning of Canadian securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in the United States or in any other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration and qualification under the securities laws of such state or jurisdiction. The Offering may be made only by means of an offering memorandum.
ABOUT LITHIUM AMERICAS
Lithium Americas is a development-stage company with projects in Jujuy, Argentina and Nevada, United States. Lithium Americas trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”.
For further information contact:
Investor Relations
Telephone: 778-656-5820
Email: ir@lithiumamericas.com
Website: www.lithiumamericas.com
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain statements in this release constitute “forward-looking statements” within the meaning of applicable United States securities legislation and “forward-looking information” under applicable Canadian securities legislation (collectively, “forward-looking statements”). Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, financial or operating performance and results, and speak only as of the date of this release. Such statements include without limitation, the Company’s expectations with respect to the form and terms of the Offering, completion of the Offering, and the expected use of proceeds therefrom.
Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, risks related to the Company’s ability to consummate the Offering on the terms described or at all; the fact that the Company’s management will have broad discretion in the use of certain of the proceeds from the Offering; uncertainty regarding the stable and supportive legislative, regulatory and community environment in the jurisdictions where the Company operates, or the enforcement of such laws and regulations by the applicable authorities; the failure of parties to contracts with the Company to perform as agreed; social or labour unrest; risks relating to general economic conditions; changes in commodity prices, including the market price of lithium; the impact of COVID-19 on the Company’s business; anticipated timing and results of exploration, development and construction activities; and the Company’s ability to develop and achieve production at any of the Company’s mineral exploration and development properties, and to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. Additional information about these assumptions and risks and uncertainties is contained in the Company’s filings with securities regulators, including the Company’s most
recent annual information form and most recent management’s discussion and analysis for our most recently completed financial year and interim financial period, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
Although the forward-looking statements contained in this release are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this release.
That's something. Earth Day 1971, here we are 50 yrs later. I remember those days. Most didn't listen then, will we listen now?
Well Said.