Hi Tigers,
Have you tried our Tiger Prediction feature? If not, please check out here! Make bullish/bearish predictions in your post, and if your post gets [IDEA] or [PICK], you will have a chance to win free voucher rewards every week! 💰
Let's take a look at who the winners were last week (30 Mar-6 Apr) and how much "profit" they made! 💰💰💰
Congratulations to the following Tiger Friends for winning free voucher rewards
@Omega88 @pekss @Shyon @CYberviRus @第N次大变革大分流 @Axekay @JC888 @koolgal @kong1234 @ToughCoyote
! And let's specially congratulate the Tigers who are “Star Contributors” For winning additional 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!
@Omega88 Bearish on FFIE(1 Apr): + 21.6%
Is EV still a growing industry??
Let's have a quick overview of its annual deliveries.
BYD: 3,024,417 vehicles (up 61.9% yoy)
Tesla: 1,810,000 vehicles (up 38% yoy)
Li auto: 376,030 vehicles (up 182.2% yoy)
Nio: 160,038 vehicles (up 30.7% yoy)
Xpev: 141,601 vehicles (up 17% yoy)
Rivian: 50,122 vehicles (up 146.5% yoy)
Growth in the global EV market is set to slow to 27.1% in year 2024 as a reduction in state subsidies makes the cars less appealing to buyers. Furthermore, limited product choices and inconvenient charging experience have hampered demand, impacting the market growth of EVs. This is clearly evident as the overall slowdown in the EV transition has prompted several legacy automakers, such as Ford, to scale back their EV production expansion plans.
Using Xpeng as an example,
2024 Q1: 21,621
2023 Q4: 60,158
2023 Q3: 40,008
2023 Q2: 23,205
2023 Q1: 18,230
We witnessed a sudden drop in car deliveries in Q12024. Hence, one may ponder if the EV demand is waning off? The company may be capable of scaling up the production, but it is also important to consider the increased compeition from other EV companies.
Most of these EV companies are still unprofitable. With persistently high inflation and price wars among the EV companies, it's likely to hurt their profit margin even further, and they are likely to remain unprofitable in the near future. Hence, is it wise to wait until the companies turn profitable before you start to invest in them? What do you think? Let me know your thoughts!
$Faraday Future Intelligent Electric Inc.(FFIE)$
$Tesla Motors(TSLA)$ $XPeng Inc.(XPEV)$ $Li Auto(LI)$ $Rivian Automotive, Inc.(RIVN)$
@pekss Bearish on AMC (30 Mar): + 20.14%
Unlike the booming AI market, cinemas appear to be heading to their sunset. Turnouts at $AMC Entertainment(AMC)$
's theatre chain have fallen significantly after the COVID pandemic, as past crowds of movie-goers have since turned to online movie streaming services by the likes of Netflix, Amazon and Disney. AMC has been struggling to retain their customers amidst rising competition from the disruptive trend in the way many people would watch movies. Unless AMC is able to prove that it could stay competitive and remain relevant post pandemic, it may soon become obsolete.
Feeling excited after seeing these results? Want to know more about these users' opinions? 😆 You can find the [Tiger Prediction] feature by entering the [Discussions] section on any of the available stocks 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 get [IDEA] or [PICK] 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.
2. The cost price of your (simulated) position will be the stock price when you make a prediction post. The Rate or Return(RoR) will be calculated by your cost price & the week's close price of that stock you make predictions on.
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 Overall Weekly Prediction ranking. For individual stock rankings, regardless of how many stocks you predict, only the top 5 highest RoRs can make it to the list each week.
6.The distribution time for the vouchers will be sent in 10 days after the release of the list. Please be patient and wait for it.
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