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Very nice. I wouldn't have anticipated such a strong move off of mid day news
I don't think market anticipated it happening because the issues prices increases last week in Canada and a couple others.
Most likely assumed that was it.
They announced price increases
Standard plan 13.99 a month and premium 17.99 a month
Basic remains at 7.99
It's is an improvement over that q. They will likely only be in the SP500 once the become profitable from their core business.
Hopefully carbon credit revenue is less of a factor this time. That stream will go away soon when other major auto companies start building EVs.
Hopefully Tesla has a profit on cars and software for the very first time
They just has the creditor in possession financing approved which is the beginning of the end.
It's already in debtor in possession stage ?
Vaccine company Vaxart faces federal investigation for allegedly exaggerating role in Operation Warp Speed
https://www.google.com/amp/s/abcnews.go.com/amp/Health/vaccine-company-vaxart-faces-federal-investigation-allegedly-exaggerating/story%3fid=73657030
They just laid off 28 thousand workers due to slowdown in theme parks.
Amazing how high the expectations were.
This presentation was incredible and the tech is fantastic.
The valuation is years ahead of the company. I'm confident it will continue to dominate the market and the core business will surpass the current valuation by 2-3x in 8-10 years.
Patience is key for this type of investment.
He is just very socially awkward. Presentation was very very good and they are truly just a ground breaking company.
This was just so overhyped by retail investors and some larger players that anything would have been a let down.
Does not look like phones today. Cook only mentioned focusing on iPads and watches. But who knows
If you buy a SPAC from a reputable firm near the 10 dollar starting price your in good shape because of the floor being 10 due to the trust
It's just a waiting game and the opportunity cost to wait it out if any company merges in.
The million mile battery is a big deal. But generally you can't price in its entire impact this early.
This tech will allow batteries to last much longer and not degrade the same way current batteries do.
But you also have to assume that many many new battery technologies will continue to evolve and get better than anything we have currently.
When this tech is implemented it will allow for cheaper and more profitable cars to be produced and it's extremely bullish for Tesla.
Instead of an electric car with a range of 400 miles lasting for only 200-500 thousand miles before the battery becomes degraded and major range loss it will allow you to use that battery and still get near that 400 miles for more than twice as long.
That's a good response.
Tesla is the best in class in terms of electric cars and trucks.
The growth rate is outstanding and the demand is well out stripping supply.
Yet the valuation has well overshot. The issue I see is that they have not yet found a way to make a profit off of selling cars. Currently 100 percent of the net income is from the selling of carbon credits and offsets to most other auto companies.
I believe Tesla has amazing potential, just like the other mega giant caps we see today had in the early 2000s.
I bet Tesla will get to a much higher price than it is in time. It's going to take some years to reach a point where it is an elite cash generating machine like the other big techs.
I'm very long Tesla and have been for a few years
They have between 30 and 40 billion a day in volume I can't imagine 5b of dilution really moving the needle to dramatically
Dead cat bounce is inevitable at the very least. Could be more pain before it happens or not.
I think the combo of new competitors and a massive bull run is spooking the market a little after the SP500 letdown.
Volume is mind boggling over the last couple months.
The cars have a cult like following , the stock has an even more cult like following.
Classic bull trap.
200? That would give it a 3.5 trillion dollar market cap
I guess anything is possible
I could run up a bit more.
Something will bring down this market eventually and it will bring Tesla down a bit with it.
I would love to see another big drop in the sp500 and have Tesla be taken down a bit along side it.
Those are the best buying opportunities when a shitty market brings down the price of a solid company.
Ideally I would like to see a 15-20 percent pullback.
I'm have been in Tesla for a couple years and am here for the long haul so it wouldn't bother me if it dropped 25-30 percent.
As long as nothing fundamental changes about the company and the basis for investment remains strong a pullback is our friend.
Exactly. I don't think many expect it to straight up forever.
Even the greatest performing stocks over the last 20 years have had massive pullbacks many many times during there long bull runs.
Tesla needs to pull back. Before it's next leg up.
I'm long Tesla and when it does pull back it will be great time to add
With everything going on , massive amounts of money will be pouring into police and law enforcement training.
Once this company starts to get attention and real volume it will likely start to really run up to new all time highs.
Everyone here is very very early in this stock. The buying and volume will likely only continue to rise as the week goes on
This is becoming the 2nd most overvalued market is history. Just falling behind the Nikkei in the late 80s and early 90s.
It's likely to go higher.
My concern is that American markets will resemble japan for the last 30 years
A Billion Os is pretty much par for the course for mega cap stocks
Hell BofA has over 10b. Att is close to 10b.
Apple will be over 16b after the forward split.
Tesla has a low os. And a crazy low free trading float
Good info to put out their , but that was in response to a massive email pump from mid April.
It's likely that these email campaigns continue to today , but the news from the FDA is legit.
Hearing its a beat. This is what's is floating around the internet
$TSLA
*TESLA 2Q EPS 50C VS. LOSS/SHR $2.310 Y/Y
*TESLA 2Q FREE CASH FLOW $418M, EST. LOSS $617.9M
*TESLA SAYS SEMI DELIVERIES TO BEGIN IN 2021
*TESLA: SHANGHAI FACTORY FIRST DELIVERIES EXPECTED IN 2021
I could never obtain it ! That wasn't the point I was making.
I was saying if a company like Amazon was going to buy the company as a whole they would go the route of buying all the bonds.
If a multi billion dollar player wanted to buy up all the debt in one big lot , I'm confident it could be done one way or another
Exactly. The common shareholders here will be wiped out. An article in Bloomberg today even talked about how retail investors are pleading to the judge to not wipe them out.
Unsecured debt is trading for a couple cents on the dollar.
The commons will be wiped out. If Amazon wants JC Penny they could buy all the debt up for 5 cents on the dollar and take it private.
That offering was filed in mid april was it not?
I understand it's still relevant as they are likely to continue to sell shares from time to time.
But it certainly wasn't filed in the last 2 months
He was here on Friday too. We shall see
That's totally possible. I think the key catalyst here would be if they were able to secure federal funding like the other vaccine developers got.
That would create validity in the program, and also eliminate need for an immediate capital raise which would likely squeeze the hell out of shorts.
Just my opinion.
That 8k only specifically related to their point of care diagnostic device.
This is an per 8k
They are wiping out the commons maybe it with trade as a "q" on OTC. But it looks like they already have prepared the exit strategy with a completely new common while wiping out the current common stock
"Equity Holders. Each holder of an equity interest in Chesapeake would have such interest cancelled, released, and extinguished without any distribution"
I wouldn't be surprised if pepsi pulled ads also , Starbucks just did.
The biggest players here are Disney , Comcast , Verizon and att in terms of ad spending.
So if they drop social media ads look out below on Facebook stock
Coca Cola just pull all ads on social media globally https://www.cnbc.com/2020/06/26/coca-cola-pauses-advertising-on-all-social-media-platforms-globally.html
Nasdaq only lists short interest on Nasdaq traded stocks. HTZ trades on the NYSE.
The accurate short data is as easily accessible.
This has nothing to do with Robinhood. This is Hertz looking for a billion dollars in financing now that they will not go ahead with the stock offering. According to WSJ
If they cant get the money chapter 7 is on the table. Which means liquidation. And Hertz as we know it goes away.
This my bet this will trade as HTZQ within a few weeks
The sec already has concerns and has voiced them to the company. I'm sure Hertz is preparing a response.
It's a T1 halt so that would make sense.
According CNBC sec has issues with the offering https://www.cnbc.com/2020/06/17/the-sec-told-bankrupt-hertz-it-has-issues-with-its-plan-to-sell-stock-chairman-jay-clayton-says.html
The business isn't going anywhere. I'm saying the common stock will be wiped out.
Based on history their is a very very small chance the current common stock does not get wiped out. Like 2-3 percent.
Now it could happen and the common holders could survive.
I just don't like the risk reward at 2+ dollars. To me it's not worth it. But that's just me
Give me sub 50 cents and for me the risk reward starts to become worth it.
But again that's just my strategy and risk tolerance.
The common is currently way overpriced based on the current risk environment in the underlying company.
Again just my opinion. I hope it does survive and I hope everyone buying makes out really well.
Just me personally isn't going to make that bet