on the tesla patent:
of course, all investing that is legal is guesswork, so I'll give the readers pros and cons:
cons (for biosolar) Elon Musk is beloved by the leftie investie. His media eats him up, so yeah, since there's media on tesla/bigdig/mars rocket/elon's insanities and inanities, it makes penny investors crazy because they want positive PR every day too, and from some 3rd party with "credentials" ready to pump it
- elon filed a patent for the same technique to which biosolar filed years ago. I am sure it is not the EXACT same patent, then again patents can be vague...so (shrug), and obviously the news has rattled those who have money in biosolar.
Pros (for biosolar)
Elon musk has a reputation for being the gavin belsen from "silicon valley" type. why, just in 2018, shorters shorted tesla. they announced they were going to as per required by SEC, elon tweeted "eat my shorts, shorts". then elon tweeted "hey I have a saudi investor, gonna invest gozillions". Stock shot up. Shorters sued, because it turned out elon didn't have that shizzle for sure, and when you do something like that big time, it's called spoofing, and should have put him in a tennis court white collar prison. Instead, elon was to give up his ceo-ship of tesla, which didn't happen. Tesla stock plummeted to under 250.
how did elon slip the noose of crappy sales out of california? why he hugged his chi-com buddies and said he'd build a plant there, he's happy to share his tech with them to get his stock and rep out of the sewer. then he builds a plant in germany, once the economic powerhouse of europe, now the remaining country just breaking even in socialist europe.
then he releases that truck, which doesn't have really improved range, looks like kryten from red dwarf, and generates a meme for having easily breakable glass.
honestly, I dunno if sales of that truck were good, but he finally put out positive earnings and the stock shot up to 430, it's now cooking down toward 400 that could be year end sales.
ANother pro- elon's spies are everywhere, prolly at biosolar too. If Lee is legit, hopefully the vague PR has kept their spies at bay
another pro- they just FILED the patent, now elon has an eff ton of science guys to now perfect and rush testing etc.....but by the same token, that also means all his cadre of scionz guys have spent years chasing fake paths, if elon's filing is genuine. Maybe its not, elon just wants a patent out there so he can generate a larger market share of PR., or once the tech is busted, copy it, and then give it to his chicom pals.
Another pro- if the filing is legit, it proves that Lee, if genuine, is on the right track, and he's got a head start.
Neutral things - as of this writing, btu the day ain't over, it appears that the pressdown is halted, there was a million shares at 120, and the ask went as high as 0132.
also, talks of dilution oh noooo mr. bill, dilution! ya, it sucks with penny pots, but what makes this different? well it's that lee is FILING and posting all of them with the SEC so Jose can post them and go "well there ya go"
but I've seen true toxic dilution. A penny pot (one that actually sold CBD oil) filed for BILLIONS of dilutible shares with a company that once angry investors chased it down, didn't have the FUNDS. and you can bet the CEO of that company (tiger money if yer reading you know who) didn't filed with the SEC. so a ceo files for an eff ton of shares with an investor who doesn't give that ceo any money. the ceo, (who controls the investor or is in alliance) then DUMPS the shares....that stock is now at nobid.
Now, lee is filing with the SEC, and as I've said, the ask is typically 150K shares. My guess is that the investor is REAL. it isn't dr. lee or lee's puppet. it's some agency that trades shares for cash with lee, then takes the shares, hold a lot because they believe somethings gonna happen, and puts a little bit on the ask.
two more days to sell for tax reasons. and maybe the investor's agent took a christmas break, or maybe they don't need to panic sell dilute.
my overall point is, nobody seems to be panicking cuz elon must filed a patent, indeed 3 months from now if elon commercializes something, it might cause a panic. of course, knowing elon, he'll sell an eff ton of those boxy hexagonal vehicles claiming they go a gozillion miles a battery, and 6 months later, um....nah, the tech wasn't perfected. elon rushed to market....tesla goes back to 250, and peeps buy it cuz tesla stock ain't about fundamentals, it's the cult of elon musk.
but for now, yeah, just another day in penny stocks.
AI
