Hi Tigers,
Have you tried our Tiger Prediction feature? If not, please check out here! By making bullish/bearish predictions in your post, you will have a chance to win free voucher rewards every week! 💰
Let's take a look at who the winners were last week (11 Nov-18 Nov) and how much "profit" they made! 💰💰💰
$Faraday Future Intelligent Electric Inc.(FFIE)$ $Sea Ltd(SE)$ $Semiconductor Bull 3X Shares(SOXL)$ $Shopify(SHOP)$
Congratulations to the following Tiger Friends for winning free voucher rewards @CYberviRus @pekss @koolgal @Omega88 @JinHan @Shyon @notelijah ! And let's specially congratulate the Tigers who are “Star Contributors”, you will receive an additional reward of 50 Tiger Coins.
Become a Star Contributor now to win more additional rewards >>
(The stock vouchers will be sent to you within 10 days, and you can check and claim the voucher on [Profile] - [Rewards Center].)
Well, let's then have a look at how some of them made their stock predictions at that time!
@pekss Bearish on FFIE (11 Nov): + 29.02%
Following $Rivian Automotive, Inc.(RIVN)$'s and $Li Auto(LI)$ 's earnings releases for their previous quarters, $Faraday Future Intelligent Electric Inc.(FFIE)$ , $XPeng Inc.(XPEV)$ and $NIO Inc.(NIO)$ shall be next in line to report theirs on 14, 15 and 21 November respectively.
Despite my optimism on the prospects of electric vehicles amidst tightening emissions controls by many developing and developed economies, growing global awareness of climate change and fuel price’s heightened by escalating geopolitical conflicts, the rising expectations of higher-for-longer interest rates to rein in the sticky inflation and a looming recession have been slowing demands and dampening expansion plans.
The prevailing price war ignited by the incumbent Tesla to grab a bigger slice of the stagnant EV market has forced its smaller peers to do the same in their desperate bids to defend their market shares, leading to profit margin erosion for all players in the EV industry.
The stock prices of Rivian and Li Auto have been on down trends since their earnings announcements, and may be precedents of the stock prices of Faraday Future, Xpeng and Nio, which I doubt will be spared when they report theirs.
In fact, I’m particularly pessimistic on Faraday Future which has been struggling under financial distress. With deteriorating cash flows, the EV maker has been missing deliveries. Its commitments to protect shareholders’ interests and return to profitability appear to be distant promises to me.
@Omega88 Bearish on SE(14 Nov）: +18.96%
Sea Ltd(SE)$
Previously Chief executive Forrest Li said in an internal memo sent to staff on Thursday that the leadership team has decided that it will not take any cash compensation "until the company reaches self-sufficiency".
The good news is Sea has sufficent cash to sustain itself in short to medium term as it has raised about US$6.3 billion of cash when the share price was at its peak! Based on its cash burn rate of US$1.4 billion last year and more conservative spending in the upcoming quarters, the cash should keep the business running for a while.
With more impending interest hikes, it would be good if Sea focus more on their gaming business which is the cash cow instead of expanding their loss-making business (e-commerce and fintech). As the gaming industry is expected to grow from current US$200 billion to US$400 billion by 2027 and Garena will be a gem in the Esports industry.
However, investors must be wary that Sea relied on unsustainable consumer subsidies to gain market share rapidly. On that matter of sustainability, investors' hugely negative reaction in Q2 largely resulted from the company's return to potentially unsustainable spending it embarked on in the years when money was cheap. In a high-interest rate environment, with a determined and capable competitor like TikTok, Shopee is looking increasingly more like the disrupted in time to come. With SE still valued at a premium, it could be dead money at best
Feeling excited after seeing these results? Want to know more about these users' opinions? 😆 You can find the [Tiger Prediction] feature by clicking on the [Community] - [For You] section and check it out! We welcome everyone to share their own insights and be the next user on the list!
[Notes]
1. Your content must be ORIGINAL and published first in the Tiger Community to be eligible for the rewards. Besides, your post must be strongly related to the stock, and you need to state the reasons why you are bullish/bearish on it. The bullish or bearish reason for each stock must be over 200 characters, and it needs to be clear, detailed, and specific, with more extensive explanations preferred. General or vague reasons, such as "I am bullish on stock XX because the technical indicators are oversold" or "I am bearish on stock XX because its fundamentals are poor," will be considered invalid.
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3. For a single stock, you may make predictions multiple times, but only the last one will be counted.
4.You can provide a comprehensive analysis and predict multiple highly correlated stocks to increase your chances of winning.For example, you can write an original analysis on the semiconductor industry and correlate it with the bullish or bearish stance on multiple semiconductor stocks such as AMD, NVDA, SOXX, and so on.
5. You may make predictions on all the stocks available (around 100 tickers), and the highest five RoRs will be counted in the Weekly Prediction ranking
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