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No, some of us are shocked when basic facts are questioned or replaced with outlandish conspiracy theories and propagandistic lying.
On this stock-investing board we trust each other to report FACTS, not lies or far-fetched speculation about publicly-traded cos.
But when i hear some of the political opinions thrown around here by persons who won't even listen to conservative Republicans let alone independents and centrists not to mention Democrats, i don't know what to think.
It's an issue of trust here on basic epistemological matters --how do we know what we claim to know as facts and strong probabilities.
Markets -- SuperDrive, you may be right about this.
Merm, you've obviously not been reading the more in-depth reporting from the AP, CNN and other serious news sources on how the mob contained gangs that were far more violent than you've expressed here. Just watch the newer released videos to see with your own eyes.
That's why Republican House Minority Leader McCarthy was adamantly telling fellow GOP members and Trump to stop the lying:
https://thehill.com/homenews/house/533759-house-gop-leader-tells-members-to-quit-spreading-lies-on-riot-antifa
House GOP leader tells members to quit spreading lies on riot, antifa
Anyone else think the market might sell off on these warnings emerging overnight from law enforcement officials who are hearing about and monitoring plans for even worse upcoming violence from right-wing insurrectionist mobs than what was seen on Jan. 6. One of the planned demonstrations is terrifying, the most chilling thing i've ever read as an American citizen. Recall that new recordings have revealed part of the mob was repeatedly yelling "Hang Mike Pence" and there was a gallows erected outside the capitol.
https://www.huffpost.com/entry/democrats-briefed-plot-overthrow-government_n_5ffd29a4c5b691806c4bf199?cte
[...] the Capitol Police and the National Guard were preparing for potentially tens of thousands of armed protesters coming to Washington and were establishing rules of engagement for warfare. [...] Lawmakers were told that the plot to encircle the Capitol also included plans to surround the White House -- so that no one could harm Trump --and the Supreme Court, simply to shut down the courts. The plan to surround the Capitol includes assassinating Democrats as well as Republicans who didn’t support Trump’s effort to overturn the election --and allowing other Republicans to enter the building and control government.
The HuffPost story has been confirmed by news org Axios.com:
https://www.huffpost.com/entry/democrats-briefed-plot-overthrow-government_n_5ffd29a4c5b691806c4bf199?cte
R59, from the specs given, that GM EV600 delivery van will be a heavy Class 3 vehicle, so it doesn't compete with, e.g., the Class 1 delivery van that FIII / ELMS is manufacturing this year at the converted Hummer factory.
There's going to be room for a number of players in the delivery van space.
AWX - congrats on a great swing trade!
I don't know if LIT, the etf for the entire Lithium-ion battery space, is also relevant. It's been on a tear the past several months.
EV stocks - You'll need to add one more to your list, the SPAC FIII, which will become ELMS when the acquisition / merger is complete, expected sometime late in this Q1.
They've already got a converted old Hummer factory in Michigan and orders from major companies to produce some 30,000 EV delivery vans in the first 18 months.
LMB - $13.85 - looking like it could make a nearly 3-year high if it only gets to 13.90, beyond which it appears to be capable of jumping into $14s. MACD is seeing an upward cross over the signal line (bullish) and the shareprice is now pulling up the upper Bollinger band (presently at 13.81).
I think some players are anticipating news any day/week of a re-fi deal on LMB's debt at these low rates, which could generate about an extra 0.30 - 0.35 EPS yearly. I don't think that is being fully factored yet into the shareprice.
Plus there's that healthy backlog of "select" high-margin work projects...
If this ever becomes a publicly-traded stock, i'm all in! It would be even better than plant-based meat substitutes and cultured "lab meat" from stem cells of well-cared-for animals....
https://www.axios.com/technology-protein-food-consumers-9f1278bb-c681-4d78-8e83-5d67c55aa4dd.html
Making protein out of thin air
Bryan Walsh, author of Future
A startup is working on technology that produces protein from the elements found in air.
Why it matters: "The world will struggle to feed billions more people by mid-century without clearing more land for farming or livestock. Being able to generate nutrition protein with little more than energy and air could open the door to sustainable vertical farms.
What's happening: On Thursday the startup Air Protein pulled in $32 million in a Series A fundraising round led by the corporate venture capital arm of ag giant Archer Daniels Midland.
How it works: Air Protein takes the basic elements in air — carbon dioxide, oxygen and nitrogen — and combines them with water and minerals, before using renewable energy and probiotics in fermentation vessels to yield amino acids.
"We end up with a flour that is rich in proteins, vitamins and minerals," says Lisa Dyson, a physicist and the founder and CEO of Air Protein.
Those amino acids can then be sculpted using pressure and temperature to gain the same flavor and texture as meat, she adds.
Details: Unlike conventional livestock raising — which now takes up more than a quarter of the planet's terrestrial surface [and generates MASSIVE greenhouse gas emissions, water waste & pollution, and the torture & slaughter of over a trillion animals each year from land & sea] — Air Protein's technology doesn't require arable land and can be "deployed anywhere in any climate," says Dyson. "This is massively scalable."
But, but, but: While other players in the alternative protein sector are already selling to consumers or at least operating pilot plants, Air Protein's technology is still in the earliest stages.
The bottom line: There's no such thing as a free lunch, but being able to make protein out of thin air would be pretty close
Succinct news summary from Axios on how new Biden admin. might affect energy / clean-energy sectors. Some of this looks very promising, imo:
https://www.axios.com/biden-cabinet-picks-energy-walsh-garland-raimondo-ede41bf1-5351-4282-9510-beacea2a2f5c.html
5 hours ago - Politics & Policy
Energy implications of Biden's latest Cabinet picks
Ben Geman, author of Generate
President-elect Joe Biden's final burst of Cabinet picks could have important roles to play in the new administration's climate change and energy agenda.
Driving the news: Biden plans to nominate Rhode Island Gov. Gina Raimondo for Commerce, Boston Mayor Marty Walsh for Labor, and Judge Merrick Garland for attorney general.
Why it matters: Biden's team is planning a whole-of-government push that extends well beyond the Environmental Protection Agency (EPA) and the Interior and Energy departments, which are the agencies most closely involved with energy and climate policy.
The Commerce Department's activities include trade missions that aim to link U.S. firms with markets abroad.
Biden's transition team yesterday said Raimondo would position the U.S. as an "exporter of 21st-century products and leader in the clean energy economy."
Advice for how to bolster Commerce's role is already pouring in. For instance, the group Evergreen Action last night called for Commerce to take a more muscular role in boosting domestic manufacturing of materials needed for low-carbon energy projects.
Commerce also works with the Office of the U.S. Trade Representative on trade policy.
Biden's platform says future trade agreements should be conditioned on parties meeting their pledges under the Paris climate deal.
Biden also wants "carbon adjustment fees or quotas on carbon-intensive goods from countries that are failing to meet their climate and environmental obligations." This is a longstanding idea to prevent domestic emissions restrictions from handing a competitive advantage to other countries.
Yes, but: The details are pretty hazy right now, and it's not clear how much running room Biden has without buy-in from Congress. His transition team did not provide immediate comment on that topic last night.
The Justice Department plays a vital role with EPA in bringing environmental enforcement cases via its Environment and Natural Resources Division.
Biden is also vowing to create a new "Environmental and Climate Justice Division" at DOJ that would "complement" ENRD. It would focus on environmental justice — that is, addressing the higher pollution burdens that poor people and communities of color often face.
Also, the agenda would include, per Biden's campaign platform, "strategically" supporting "ongoing plaintiff-driven climate litigation against polluters."
The Labor Department overlaps with energy via job training programs, data collection and more.
Yesterday, in announcing the Walsh pick, the transition team said he "knows that we can create good-paying union jobs by investing in clean energy."
Evergreen, the group launched by former campaign aides to Sen. Elizabeth Warren (D-Mass.) and Washington Gov. Jay Inslee (D), yesterday floated several ideas for Labor.
Their suggestions range from initiatives to "ease former fossil fuel workers into the clean economy" to having the agencies better track data on the socio-economic effects of climate change.
TZA - sold it for a small gain --a week's worth of groceries
I keep looking at that TNA chart and it just looks like, with today's recovery going on, that it could still jump higher, leaving TZA lower.
So i'll look at TZA again next week.... as a possible hedge if the markets finally do decide to dip.
What are people's thoughts about silver miners these days?
I was buying some SVM this a.m. at $6.09.
Already did a swing trade over a few recent weeks from 6.02 up to 6.60s (missed its going over $7 recently).
I think today's selloff of gold/silver and miners over rebound of USD was a bit overdone.
Thinking about buying some other silver names today....
It's a completely different mgmt team with PIOE.
ACPW sold off its assets and became just a shell, a holding co., which had a HUGE "asset" in the form of NOLs that could be used to provide major tax relief to a co. needing them. PIOE, the new co., had a new mgmt team to look for and complete an acquisition/merger.
That acq. turned out to be the private equity group RCP Advisors.
Go read my two bullish articles on PIOE for SeekingAlpha.com from a few years ago to get the full story on the transition.
And darn, i wish i was still holding that massive number of shares (avg'd at 0.67) that i only sold for about an 85% gain. I'd have about a 900% gain if i'd waited until late 2020.
TZA / TNA - yeah, the bullishness out there is amazingly robust. But hey, we're still in the first week of Jan. and it looks like we got a delayed "Jan effect" this year, starting on the 2nd trading day, not the 1st trading day of the new year.
So i only bought a smallish # of shares here on TZA thinking to avg down if need be. At some point i think we get a pullback this month, as has happened before, sometimes as soon as just several trading days into Jan.
TZA - i picked up a first tranche of shares this a.m. at 5.58. Chart told me the other day that its opposite etf TNA still had some more upside.
This looks like a good entry point for TZA, imo.
May use a stop loss though, that TNA is (from its chart) a strong, mean-looking beast! Accumulation levels are very very strong, MACD for TNA looks like it could still keep moving up, and TNA is not that far above its upper Bollinger band.
But TNA has had four straight up days and i think now might be a time for a little swing trade buying TZA, especially since we may get a Friday sell-off sometime today before going into weekend.
COVID - R59, i think your timeline looks accurate, since it seems to be about 8 weeks from getting the first vaccine injection to actual immunity gained many weeks later.
JMIA - you caught my attention with this name, which sounds promising.
But over at S.Alpha, i find some very "pro and con" neutral articles, and low ratings for Value and Profitability. Looks like some dilution with over 7M new shares on Nov. 30.
Daily chart suggests over next few days it may test support again at rising lower Bollinger band around 32-33, which would be a decent entry point if one thinks JMIA's stock momentum can continue on prospect of future growth.
COVID - 4,100 American deaths occurred yesterday due to Covid, according to Worldometers.info, the first time the daily tally in the USA has surpassed the 4k level.
An ongoing national tragedy.
That sad statistic has been under-reported in the wake of continuing news-coverage of yesterday's insurrection violence.....
SPY - racing above its upper Bollinger band again. I've noticed this happens early in the month for several (not all) of the previous months. It's like all this money floods into the markets early in the month, then takes profits as a "rinse-repeat" game.
BGFV - great trade, Bmrboy.
I should have remembered to buy shares of VTSI / Virtra, with all the intimidating behavior, loss of police/security control of the Capitol bldg, and the evacuation of Congress members.
VTSI up 18% right now.
SRTS - I missed that news. Didn't know they had this segment in their pipeline.
I know them for their "Superficial Radiation Treatment" for skin cancers. I tried their treatment for a couple of basal cells and was very pleased with the results, compared to the usual dermatology methods of cut-&-stitch.
We may be near a top -- the worsening pandemic news is just so severe that it may require more strict containment measures until vaccination has made bigger gains.
The market would not like the uncertainty connected with that.
BGFV - nice $2 upmove to 11.90s after bouncing off 26dma support at 9.98 yesterday morning. Almost bought this one but got too busy looking at other things....
BGFV could easily move up to regain upper Bollinger band, presently at 12.31.
And especially green-tech, renewable energy, and infrastructure stocks. Probably more sectors but i can't think of it right now....
I sold a few gainers today just to free up some cash in case the Senate election results moved the markets significantly tomorrow (Wed.):
Sold APT at $12.09 after a move from my cost-basis of 10.97.
Sold PEIX at $6.29, up from my 5.62 basis.
Sold half my ARC shares at $1.71, up from 1.27.
Why is that "sad, very sad"? Some of us are very optimistic that, without Mitch McConnell as Senate Majority Leader with his relentless death-grip on blocking every single kind of progressive legislation to solve some of our nation's (and planet's) worst problems, the USA might actually be able to move forward on resolving or mitigating all sorts of crucial problems....
Just on the healthcare front, this tweet today from Larry Levitt of the Kaiser Family Foundation:
Larry Levitt @larry_levitt
Some health policies Democrats might enact with the Senate majority even in a narrowly divided Congress:
Making the suit against the ACA moot
ACA premium help
Aid to states and incentives to expand Medicaid
Government drug price negotiation
No cost-sharing for COVID treatment
8:38 AM · Jan 5, 2021
The remaining 20k votes from DeKalb county are from black-populous areas that are breaking 90-10 for Ossoff/Warnock over Perdue/Loeffler.
So that's NET about 16k votes for Ossoff over Perdue, easily putting him in the lead. And Chatham county etc will break strongly for Dems in their remaining votes. We'll know those results tomorrow by 1 pm ET according to GA voting officials.
Senate - most of the remaining votes are going to be coming in from Dem-strong counties (some won't be reported until tomorrow , Wed., by mid-day or so).
Here's from NATE SILVER
-------------------
JAN. 5, 11:41 PM
It’s just very hard to see a path back for either Republican. It would most likely have to involve major tabulation errors, which can happen, but the Democrats have a lot more votes left to pad their margins
-----------------
The best updating sources for news and projections is Silver et al.'s live blog at https://fivethirtyeight.com/live-blog/georgia-senate-election-results/ You may need to repeatedly refresh the page to get the newest updates.
Also excellent: the home page of the www.NYTimes.com , which, among other things has a "Live Forecast" needle-gauge, which currently projects Rev. Warnock winning the state total vote by 1.9% and Ossoff winning by 1.1%.
NOTE: A couple of decision desks have already called the one Senate race for Warnock.
FUBO - good news on fundamentals should trump chart T.A. on most days. So looks like the stock doesn't need to test support at that upper cloud band; now it can melt up-- obvious bit of resistance around the $30 level (which it briefly touched before falling back to $28s today) and next major resistance level looks to be the flattish 20dma at $35.
GLTY
AWX - looks like a nice bounce happened off the slightly rising 20dma at 2.41 when the stock hit LOD of 2.42.
FUBO - here's a stock that had its float tripled due to an expiry of shares that were in lockup....
FUBO chart is fubar fugly... six straight down days, the past three on much higher-than-avg volume.
Stock closed below its 50dma.
I'd look for it to maybe bounce off somewhere near its upper Ichimoku cloud band (which will be around 20.50 tomorrow), i.e., maybe around $21.
UPDATE EDIT:
There's a bullish article over at S.Alpha today on FUBO.
Here's a news blurb from S.Alpha on Dec. 31:
FuboTV shares continue declines after IPO lockup expiry more than triples float
Dec. 31, 2020 10:02 AM ETfuboTV Inc. (FUBO)By: Brandy Betz, SA News Editor89 Comments
FuboTV (NYSE:FUBO) shares are down 11%, the fifth session out of the last six that the stock has declined.
Yesterday, Kerrisdale Capital became the latest firm to short the company, saying the valuation is "completely unmoored from reality."
The sports-focused streaming service hit its post-IPO lockup expiration yesterday, which released about 88M shares for trading, more than tripling the float.
FUBO shares have pulled back 46% in the past week but are still up 274% YTD since the October IPO.
Thanks for the clarification, R59. So that poster at S.Alpha is wrong.
QS - i'm only reporting what one commenter was repeating after that article.
Here's the link to what he/she was reporting:
https://www.sec.gov/Archives/edgar/data/1811414/999999999521000007/9999999995-21-000007-index.htm
QS -- As often the case with S.Alpha articles, this one has some useful postings in the comment-thread. One was warning about the end of lockup period today for 60M pipeholder shares, tripling the float and giving lots of holders the chance to unload at these higher shareprices.
Here's a comment from a poster about the VW investment, which i was surprised was not mentioned in the main article:
This an interesting article with one massive flaw. It does not even mention that Volkswagon validated the QS technology in their own facilities, offered public testimonials, invested $300M, and is currently building the first manufacturing facility with QS. Note that VW has the best selling EV in Europe and, obviously, a team of expert automotive engineers. It is unlikely that VW would invest in a company / technology with all the challenges you enumerate without some confidence that there's a path to commercially viable solid-state EV battery.
HALL - picked up some shares of this one in 3.20s. Has a book value over $9 and could be higher this year after selling off their losing auto insurance segment.
Someone posted fundamentals over at Yahoo:
Book Value Per Share (mrq) 9.71
Total Cash Per Share (mrq) 10.29
Total Cash (mrq) 186.68M
Total Debt (mrq) 121.37M
Total Debt/Equity (mrq) 68.89
Current Ratio (mrq) 0.71
Well, that positive "January effect" was extremely short-lived this year. Markets tumbling and many/most microcaps falling 5-8%....
Precious metals / stocks are only bright spot here on weakening of USD...
QS - here was the longterm bullish case presented by a contributor at Fool.com four weeks ago. I don't have any shares of QS but might pick up a few if it drops to its rising 50dma around 43.
https://www.fool.com/investing/2020/12/08/investing-in-tesla-consider-this-battery-stock-ins/
About To Invest In Tesla? Consider This Battery Stock Instead
Having difficulty picking winning EV stocks? This company may become to EVs what picks and shovels were to gold prospectors.
Luis Morales (TMFLuisMorales)
Dec 8, 2020
Once the stuff of futuristic movies, the electrification of the automobile industry seems all but inevitable today. While Tesla (NASDAQ:TSLA) receives most of the attention from analysts and investors, there seems to be a new headline every day about an automaker touting its upcoming electric vehicle, or EV. Investors wishing to participate in this new "gold-rush" may be forgiven for hesitating to pick winners from losers from the vast offering at hand. One way to participate in this trend may be to invest instead in the companies making "picks and shovels" rather than in the "gold prospectors" themselves.
The one thing every EV needs more of
That would be range, or how long an EV can go on a full charge. As consumers consider buying an EV, range becomes key for at least two reasons: First, since there aren't as many EV chargers as there are gas stations, consumers experience "range anxiety," or the idea that they can get stuck in the middle of nowhere without a way to recharge.
Second, recharging an EV takes a lot longer than filling up. So, the longer the range, the bigger the market for, or the number of people who may buy, that EV. Today, range is arguably the most objective differentiator between a Tesla and all other EVs in the market.
Battery technology determines range. But battery technology is key in another important way: It is what makes EVs more expensive than equivalent gasoline cars today.
Imagine having an EV that could go seven hours between charges -- to then recharge in about 15 minutes. Now imagine you could buy this EV for about the same price as a gasoline car. This is what QuantumScape (NYSE:QS) claims its product will deliver to the EV industry.
A solid story
Many companies have worked on solid-state batteries over the years -- with nearly all of them failing to make a commercially viable product. QuantumScape itself has been working on lithium-metal batteries, a type of solid-state battery, since 2010. The company claims its batteries will store over 80% more energy than existing lithium-ion competitors while reducing costs substantially. To put this into perspective, Tesla recently announced breakthroughs in battery manufacturing that should deliver up to 54% additional range in about two years.
80% improvement at a lower cost are tall claims for any product. However, several things set QuantumScape apart. For one, it has attracted investment from a number of high-caliber investors: It received $300 million from Volkswagen (OTC:VWAGY), the largest automaker in the world, and arguably one of the most committed to leading the EV transition, as well as venture capitalists such as Bill Gates and Kleiner Perkins. At the end of November 2020, it executed a successful reverse merger with Kensington Capital Acquisition Corp. (NYSE:KCAC), a SPAC, including money from legendary investor John Doerr and Tesla co-founder JB Straubel, just to name a few. The merger put the company's enterprise value -- or the total value of its stock, cash, and debt -- at $3.3 billion. And after the merger, the combined entity has achieved a market capitalization (the value of all of its outstanding stock times its price) of over $14 billion.
The company's relationship with Volkswagen gives it another leg up: A large, marquee customer. By 2029, Volkswagen plans to sell over 22 million vehicles across about 70 EV models. While QuantumScape expects Volkswagen to be the first company to commercialize its products, it plans on selling its batteries to many other automakers.
Its executive team is no less impressive, with a number of well-known Silicon Valley entrepreneurs, and even the chair of Stanford's mechanical engineering department, on its executive team and board.
What's the catch?
While Volkswagen has successfully tested initial versions of QuantumScape's batteries, the company still has a lot of work to do to further develop key parts of the technology and turn them into a product that can be manufactured affordably and at scale. The company's recent merger and listing provided it with fresh cash -- to the tune of $700 million -- that it will put to work to do just that.
This also means, however, that the company won't have a product to sell, or any meaningful revenue, for a while -- until at least 2024, actually. So, significant stock appreciation may take a few years and will be determined by the company's progress toward product development and manufacturing milestones rather than by traditional financial metrics such as revenue, free cash flow, or gross margins.
Is QuantumScape worth the risk? Investing in an early-stage company, or a start-up is mostly about maximizing the company's likelihood of success while limiting the risk.
As far as potential, QuantumScape certainly checks most of the boxes: The team that led the SPAC and now leads the merged company reads like a who's-who of technological innovation, industry experience, execution, and investing savvy. The company's product promises much-needed disruption in a young industry with lots of momentum and impressive growth potential. And while revenue is still several years away, the company already has a very large, marquee customer, and is valued at roughly one times 2027 estimated revenue. So, assuming the company hits its projected milestones, its stock has a ton of upside.
As far as limiting risk, however, Fools considering an investment in QuantumScape should probably take a conservative approach, hedge their bets, and avoid putting all of their hard-earned dollars on a small handful of high-risk/high-reward stocks.
Luis Morales owns shares of QuantumScape and Tesla. The Motley Fool owns shares of and recommends Tesla. The Motley Fool has a disclosure policy.
Wishing everyone here and all your loved ones marvelous peace, joy, prosperity and other amazing blessings for each day of 2021 and beyond.