FFIE拿十年 personal page - To The Moon

FFIE拿十年

FFIE拿十年

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03-13

$Faraday Future(FFIE)$

2023-03-03

$Faraday Future(FFIE)$

2022-12-22

$Faraday Future(FFIE)$

2022-12-17

$Faraday Future(FFIE)$

2022-11-14

$FFIE 20230120 3.0 CALL$

2022-11-07

$Faraday Future(FFIE)$meme

2022-11-03

This fully proves that nothing can be done in the United States, you see Tesla to build a factory in China, improve the mature industrial system and supply chain, low cost and high efficiency, welcome to China to invest and build a factory. Hahahaha

Sorry, the original content has been removed

2021-06-30

gogoup

2021-06-10

30usd

@小虎活动:【7週年有獎】猜老虎收盤價，贏7週年禮盒！

2021-06-07

27.8

@Ben87:$老虎證券(TIGR)$大家認爲今晚是會停在什麼位置

2021-05-30

up? six

2021-05-30

$PDD 20210618 130.0 CALL(PDD)$up to 10 this week

2021-05-24

$CAN 20210618 7.5 PUT(CAN)$down and down

2021-04-22

up to U

2 Coiled Spring Blue-Chip Bargains To Buy Ahead Of Earnings

2021-04-12

UPUP DAYDAY UPUP

2021-04-06

UPUP

特斯拉一季度交付量近18.5万辆再创纪录，马斯克特别提到中国

2021-04-03

up to 750

2021-04-01

UPUP TO 30

2021-03-30

$X 20210416 21.0 CALL(X)$UPUP

2021-03-29

X MAN UPUP

Go to Tiger App to see more news

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It seems hopeless","text":"No wonder it is rising these days, and I still want to wait for the low point to increase my position! It seems hopeless","html":"No wonder it is rising these days, and I still want to wait for the low point to increase my position! It seems hopeless"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":623690640,"gmtCreate":1671255329681,"gmtModify":1676538516620,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ &nbsp;</a>","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ &nbsp;</a>","text":"$Faraday Future(FFIE)$","images":[{"img":"https://static.tigerbbs.com/3e66e0d2c78ae563950de1dd8c70714d","width":"1176","height":"2400"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/623690640","isVote":1,"tweetType":1,"viewCount":869,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"content":"Everything is ready, only the east wind.","text":"Everything is ready, only the east wind.","html":"Everything is ready, only the east wind."}],"imageCount":2,"langContent":"EN","totalScore":0},{"id":667035231,"gmtCreate":1668422534025,"gmtModify":1676538054215,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/FFIE 20230120 3.0 CALL\">$FFIE 20230120 3.0 CALL$ </a> &nbsp;","listText":"<a href=\"https://laohu8.com/OPT/FFIE 20230120 3.0 CALL\">$FFIE 20230120 3.0 CALL$ </a> &nbsp;","text":"$FFIE 20230120 3.0 CALL$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/667035231","isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3516529671626530","authorId":"3516529671626530","name":"太阳他爹","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3516529671626530","idStr":"3516529671626530"},"content":"Are you two brothers or the same person?","text":"Are you two brothers or the same person?","html":"Are you two brothers or the same person?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":664102924,"gmtCreate":1667831827978,"gmtModify":1676537971050,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$</a>meme","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$</a>meme","text":"$Faraday Future(FFIE)$meme","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/664102924","isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":665485470,"gmtCreate":1667444168408,"gmtModify":1676537919597,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"This fully proves that nothing can be done in the United States, you see Tesla to build a factory in China, improve the mature industrial system and supply chain, low cost and high efficiency, welcome to China to invest and build a factory. 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target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a> 和光同塵，與時舒捲；從中國走向全球，老虎從不忘科技讓投資更美好的初心。 目光如炬，堅定不移；翻開下一個7年，老虎一如既往與你攜手並進共創奇蹟。 現在，虎友們一起來預測老虎生日當天6月11日收盤價！精準預測或最接近的虎友，將獲得老虎證券7週年限量禮盒。 【參與方式】 本帖評論區留言即可參與~ 【活動獎品】 老虎7週年禮盒*10 【評選標準】 1，取預測最接近6月11日收盤價的10位虎友獲獎，如果大於10，則以評論時間先後排序決定。 2，同1位用戶的多次預測，以最後一次預測爲準。 【活動時間】 北京時間6月10日-6月11日24點","listText":"最美的相遇，是不期而遇，老虎證券即將迎來7歲生日。<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a> 和光同塵，與時舒捲；從中國走向全球，老虎從不忘科技讓投資更美好的初心。 目光如炬，堅定不移；翻開下一個7年，老虎一如既往與你攜手並進共創奇蹟。 現在，虎友們一起來預測老虎生日當天6月11日收盤價！精準預測或最接近的虎友，將獲得老虎證券7週年限量禮盒。 【參與方式】 本帖評論區留言即可參與~ 【活動獎品】 老虎7週年禮盒*10 【評選標準】 1，取預測最接近6月11日收盤價的10位虎友獲獎，如果大於10，則以評論時間先後排序決定。 2，同1位用戶的多次預測，以最後一次預測爲準。 【活動時間】 北京時間6月10日-6月11日24點","text":"最美的相遇，是不期而遇，老虎證券即將迎來7歲生日。$老虎證券(TIGR)$ 和光同塵，與時舒捲；從中國走向全球，老虎從不忘科技讓投資更美好的初心。 目光如炬，堅定不移；翻開下一個7年，老虎一如既往與你攜手並進共創奇蹟。 現在，虎友們一起來預測老虎生日當天6月11日收盤價！精準預測或最接近的虎友，將獲得老虎證券7週年限量禮盒。 【參與方式】 本帖評論區留言即可參與~ 【活動獎品】 老虎7週年禮盒*10 【評選標準】 1，取預測最接近6月11日收盤價的10位虎友獲獎，如果大於10，則以評論時間先後排序決定。 2，同1位用戶的多次預測，以最後一次預測爲準。 【活動時間】 北京時間6月10日-6月11日24點","images":[{"img":"https://static.tigerbbs.com/7a1ea2334958b27d235af4bb24055d38","width":"1280","height":"1706"},{"img":"https://static.tigerbbs.com/a1a54e7b670a0c2bf6263c3711be766f","width":"750","height":"1529"},{"img":"https://static.tigerbbs.com/9cfcf00032ecd6915a4cced1d10f2340","width":"1920","height":"1080"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183071398","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":619,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114582058,"gmtCreate":1623080002474,"gmtModify":1704195724776,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"27.8","listText":"27.8","text":"27.8","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/114582058","repostId":"114595275","repostType":1,"repost":{"id":114595275,"gmtCreate":1623078638297,"gmtModify":1704195689315,"author":{"id":"3566871131306066","authorId":"3566871131306066","name":"Ben87","avatar":"https://static.tigerbbs.com/a9e86eead0186b3653da47ac89e550cd","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3566871131306066","idStr":"3566871131306066"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a>大家認爲今晚是會停在什麼位置","listText":"<a href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a>大家認爲今晚是會停在什麼位置","text":"$老虎證券(TIGR)$大家認爲今晚是會停在什麼位置","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114595275","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137554956,"gmtCreate":1622368031775,"gmtModify":1704183538703,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"up? six","listText":"up? six","text":"up? six","images":[{"img":"https://static.tigerbbs.com/47eb5578e33cc718c8018aa6ba3f606a","width":"1176","height":"3534"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137554956","isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":137555790,"gmtCreate":1622367992110,"gmtModify":1704183538541,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$PDD 20210618 130.0 CALL(PDD)$</a>up to 10 this week","listText":"<a href=\"https://laohu8.com/S/PDD\">$PDD 20210618 130.0 CALL(PDD)$</a>up to 10 this week","text":"$PDD 20210618 130.0 CALL(PDD)$up to 10 this week","images":[{"img":"https://static.tigerbbs.com/445646b7048fa13637bd91e016aa9624","width":"1176","height":"2091"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137555790","isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":131348583,"gmtCreate":1621830841942,"gmtModify":1704362966504,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CAN\">$CAN 20210618 7.5 PUT(CAN)$</a>down and down","listText":"<a href=\"https://laohu8.com/S/CAN\">$CAN 20210618 7.5 PUT(CAN)$</a>down and down","text":"$CAN 20210618 7.5 PUT(CAN)$down and down","images":[{"img":"https://static.tigerbbs.com/35e4d0c6908b1202d8931ac8083d0a16","width":"1176","height":"2091"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131348583","isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":378671911,"gmtCreate":1619037897833,"gmtModify":1704718574612,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"up to U","listText":"up to U","text":"up to U","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378671911","repostId":"1104307372","repostType":2,"repost":{"id":"1104307372","pubTimestamp":1619018533,"share":"https://ttm.financial/m/news/1104307372?lang=&edition=fundamental","pubTime":"2021-04-21 23:22","market":"us","language":"en","title":"2 Coiled Spring Blue-Chip Bargains To Buy Ahead Of Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1104307372","media":"seekingalpha","summary":"Summary\n\nEarnings season can be a time of incredible volatility, with even blue chips rising or fall","content":"<p><b>Summary</b></p>\n<ul>\n <li>Earnings season can be a time of incredible volatility, with even blue chips rising or falling as much as 20% in a day.</li>\n <li>Buying undervalued hyper-growth blue chips with fantastic track records of smashing expectations quarter after quarter is a good way to maximize the odds of a glorious earnings rally.</li>\n <li>BABA and AMZN are two of the best hyper-growth blue-chip bargains on Wall Street today. They also have a consistent record of significantly beating expectations for the last four years.</li>\n <li>BABA is 42% undervalued, a speculative SWAN tech giant out of China whose investment thesis has remained firmly intact despite the recent regulatory crackdown. Analysts expect BABA to potentially beat the S&amp;P 500 by 5X over the next five years, a nearly 300% consensus return potential.</li>\n <li>Amazon is the best Ultra SWAN quality hyper-growth bargain on Wall Street, a 22% margin of safety. Analysts expect AMZN to potentially triple over the next five years. Backing up those estimates is some of the most impressive growth investment and margin expansion in corporate American history. Charlie Munger has invested $37 million into BABA, while I've invested about $200K into BABA and Amazon over the past year. \"When it's raining gold, reach for a bucket, not a thimble.\" - Warren Buffett.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/983667978a1675a8b256d7b0478a876c\" tg-width=\"1536\" tg-height=\"934\"><span>Photo by JuSun/iStock via Getty Images</span></p>\n<p>Earnings season is famous for high volatility, especially for individual companies.</p>\n<p>It's impossible to predict just which companies will experience the biggest pops or crashes. That's because in the short term very little of a stock's returns are explained by fundamentals or valuation.</p>\n<p><img src=\"https://static.tigerbbs.com/511951adba95cf55ebe8419d6304fc77\" tg-width=\"640\" tg-height=\"450\"></p>\n<p>Over the long term, valuation and fundamentals are 11X as powerful as sentiment/luck.</p>\n<p><img src=\"https://static.tigerbbs.com/7e3311d600a9d95028516e311f525024\" tg-width=\"640\" tg-height=\"649\"></p>\n<p>Basically, over the long term, fundamentals and valuation are all pretty much all that matters.</p>\n<p>According to Bank of America's (BAC) head of quant research, if fundamentals are stable, 80% of long-term returns (10+ years) are due to valuation mean reversion.</p>\n<p><img src=\"https://static.tigerbbs.com/7ae48fbd18c76727919d66ca0e39074d\" tg-width=\"640\" tg-height=\"526\"><img src=\"https://static.tigerbbs.com/b5789a44b3165fc428f5988f8868c95e\" tg-width=\"716\" tg-height=\"738\"></p>\n<p>However, investors looking for a short-term pop in price can make high probability/low-risk decisions, such as buying quality fast-growing blue-chips who are pricing in less growth than analysts expect in the short-term.</p>\n<p>Today I wanted to highlight two hyper-growth blue chips that are potential coiled springs, just waiting for a positive catalyst to potentially send them soaring, Amazon (AMZN) and Alibaba (BABA).</p>\n<ul>\n <li>Amazon reports earnings Thursday, April 29th, after the bell</li>\n <li>Alibaba reports Friday, April 30th</li>\n</ul>\n<p><b>Alibaba: The Best Coiled Spring In Hyper-Growth Tech Could Be Set To Soar</b></p>\n<p><b>Further Research (Including A Detailed Analysis Of BABA's Risk Profile)</b></p>\n<p><b>Who Should Consider Buying Alibaba</b></p>\n<ul>\n <li>deep value investors</li>\n <li>total return investors</li>\n <li>those comfortable with the complex risk profile of Chinese tech giants (see the deep dive article above) - including VIE regulatory risk</li>\n <li>volatility tolerant investors who understand that headline risk can result in sharp short-term volatility (even double-digit declines in a single day)</li>\n <li>investors who are OK with BABA's low ESG risk score (24th industry percentile)</li>\n</ul>\n<p><b>Who Shouldn't Consider Buying Alibaba</b></p>\n<ul>\n <li>those uncomfortable with the risk profile of Chinese tech stocks (they are inherently speculative regardless of quality or growth outlook)</li>\n <li>those who lack discretionary savings (money you won't need for 5+ years)</li>\n <li>no dividend stock regardless of quality or safety is a \"bond alternative\" or a \"cash alternative\"</li>\n <li>never invest milk money, that's gambling not investing</li>\n</ul>\n<p>The thesis behind buying Alibaba ahead of earnings is threefold.</p>\n<p>First, Alibaba's track record for beating expectations is exceptional.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d227f2437f696234628366e8e510a8a\" tg-width=\"640\" tg-height=\"272\"><span>Seeking Alpha</span></p>\n<p>In the last four years, BABA has beaten expectations 85% of the time, and most of the time by double digits.</p>\n<p>Next, we have the recent positive news surrounding the $2.8 billion antitrust fine imposed by Beijing.</p>\n<p>How could that possibly be good news?</p>\n<blockquote>\n HSBC says Alibaba's \"Sword of Damocles\" has been lifted with regulatory risks priced in and antitrust concerns largely put to rest.\n</blockquote>\n<blockquote>\n The firm says BABA's antitrust penalty has \"no fundamental impact on the business or GMV\" since the case \"affects only a number of Tmall flagship stores that are directly operated by brands.\"\n</blockquote>\n<blockquote>\n HSBC does note that the internet sector is still subject to merger control review by Chinese regulators but says Alibaba isn't under any other current antitrust scrutiny.\n</blockquote>\n<blockquote>\n The earnings impact from the antitrust fine is \"manageable,\" representing 19% of FCF as of December 2020.\" -Seeking Alpha\n</blockquote>\n<p>Because Alibaba's worst-case scenario involved drastic actions, such as a breakup, or forced asset sales, or other means of regulations that could have significantly reduced the growth outlook for the largest tech firm in China.</p>\n<p><img src=\"https://static.tigerbbs.com/fce49bee3e9d7ea495248e884da653d3\" tg-width=\"640\" tg-height=\"391\"></p>\n<p>The earnings conference call will be another opportunity for management to clarify how it plans to adapt to tougher regulations for all Chinese tech firms, including its chief rivals.</p>\n<p>For now, analysts have become more bullish on BABA's growth outlook than before the November crackdown began.</p>\n<p>That crackdown began with the abrupt cancellation of the Ant Financial IPO, which was expected to be the largest in history. An IPO that, according to Reuters,might still happen in the future.</p>\n<p>However, while Alibaba owns about 33% of Ant Financial, whether or not that IPO happens, isn't material to BABA's long-term growth story.</p>\n<blockquote>\n We have more visibility regarding the regulator's expectations for Ant Group's restructuring and we think these also apply to China's fintech industry as a whole.\n</blockquote>\n<blockquote>\n Overall we believe the regulator's guidelines for Ant's restructuring are within our expectations for all Ant's financial activities to be subject to regulations, on par with traditional financial institutions, as mentioned in our Alibaba report published in January.\" - Morningstar\n</blockquote>\n<p>Morningstar doesn't expect the Ant IPO, whenever it happens (or doesn't) to significantly impact BABA's thesis or its fair value estimate.</p>\n<blockquote>\n At the current stage, we expect the valuation impact of Ant's restructuring tilts toward our base case and bear case assumptions, resulting in a 29% to 55% reduction to our prior IPO valuation for Ant.The respective cut to Alibaba's fair value estimate is minimal at 0% to 3%...Alibaba is cheap in either case. We have accounted for the contribution from its holding of the 33% stake of Ant. Alibaba did not disclose the contribution of Huabei to its gross merchandise value but said it is low.\"\n</blockquote>\n<p>Bank of America, in its April 12th note looking at the effects of the fine concluded</p>\n<blockquote>\n We expect Alibaba to remain the leading eCommerce and Cloud platforms. Its leadership position enables it to benefitfrom industry growth and economies of scale. Alibaba has industry-leading investment in R&amp;D to facilitate cross-selling and targeting. Hence there should be room for customer management growth. It also runs industry-leading B2B and cloud services and has initiatives targeting large addressable markets such as overseas eCommerce, new retail, O2O, and an affiliate, Ant Technology.\" - Bank of America\n</blockquote>\n<p>What effects does BAC expect from the increased regulations?</p>\n<ul>\n <li>2020 to 2023 FCF growth rate falls from 26% to 20% annually</li>\n <li>from 2023 to 2026 FCF growth accelerates from 22% to 24%</li>\n</ul>\n<p>How can BABA still retain hyper-growth rates in the face of higher regulatory costs?</p>\n<p>As BAC notes, management has said it plans to increase investments into value-added services to grow both users and its merchant base.</p>\n<p>OK, so Morningstar and Bank of America say that BABA's thesis remains intact.</p>\n<p>Guess what? So does the consensus of all 57 analysts that cover BABA for Wall Street (more coverage than almost any other company on earth).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51946393605ded68e249c0fcb1ea3a81\" tg-width=\"906\" tg-height=\"739\"><span>Source: FactSet Research Terminal</span></p>\n<p>Alibaba was expected to grow like a weed before the regulatory crackdown. Now that we have a lot clearer picture of greater regulations...it's still expected to be one of the fastest-growing companies on earth.</p>\n<p>Despite analysts expecting massive growth investments in the coming years, BABA's margins are expected to hold up relatively well, or even expand.</p>\n<ul>\n <li>R&amp;D spending expected to rise from $6 billion in 2020 to $19.3 billion in 2026</li>\n <li>growth capex spending expected to rise from $6.6 billion in 2020 to $16.0 billion in 2026</li>\n <li>total growth spending rising from $12.6 billion to $35.3 billion</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0dae915e8cf78c26fe8c933f15e2b8b\" tg-width=\"907\" tg-height=\"608\"><span>Source: FactSet Research Terminal</span></p>\n<p>For context, 19% FCF margins analysts expect in 2024 would be on par with what Apple (AAPL) enjoys today. Most e-commerce giants, including Amazon, can only dream of such profitability, which is expected to improve even more once the growth investment phase of the business is completed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48aa250353402b73c1e5e74df9c28209\" tg-width=\"640\" tg-height=\"332\"><span>Source: Gurufocus</span></p>\n<p>In fact, as far as balance sheet and profitability go, BABA is in the top 20% of global peers and has been since it started trading on the NYSE in 2014.</p>\n<p>S&amp;P, Fitch, and Moody's, factoring the entire risk profile, including account fraud, corporate governance, and other ESG variables, rate BABA A+ stable outlook (or its equivalent).</p>\n<ul>\n <li>0.6% 30-year default/bankruptcy risk</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/386375bcf843529c145fc3eae1c1e3a2\" tg-width=\"640\" tg-height=\"308\"><span>Source: Gurufocus</span></p>\n<ul>\n <li>M-score is 76% historically accurate at catching account fraud</li>\n <li>In 2000 students at Cornell using only this metric predicted Enron was losing millions, covering it up with fraud, and would soon go bankrupt</li>\n <li>which is what happened, analysts missed it the M-score did not</li>\n <li>BABA's current and historical M-score indicates a less than 17.5% probability of accounting fraud</li>\n <li>confirmed by six rating agencies and PWC HK, which is BABA's auditor</li>\n <li>and which has used US GAAP accounting standards for decades</li>\n</ul>\n<p>In other words, nothing that has sent BABA's shares skidding in recent months appears to have permanently harmed the investment thesis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e91e58e5cf44bc1561f22f5c424dce0\" tg-width=\"640\" tg-height=\"537\"><span>Source: FactSet Research Terminal</span></p>\n<p>BABA is still expected to gain over 300 million monthly users within the next five years.</p>\n<ul>\n <li>basically the population of the US</li>\n <li>by 2026 a user base almost equal to the population of Europe</li>\n</ul>\n<p>It's still expected to more than quadruple revenue and grow EBITDA by over 400%.</p>\n<p>Over the long-term analysts still expect close to 25% annual growth from BABA.</p>\n<blockquote>\n Charlie Munger may be a 97-year-old who has spent decades investing in American corporate giants like Coca-Cola and Costco, but he's also open to backing Chinese technology companies.\n</blockquote>\n<blockquote>\n Daily Journal - which has counted Munger as its chairman since 1977 - added Alibaba to its stock portfolio last quarter, a&nbsp;regulatory filing revealed this week.\n</blockquote>\n<blockquote>\n The newspaper publisher and software developer bought 165,000 shares in the Chinese e-commerce group. Its stake was worth $37 million at the end of March, making Alibaba its third-biggest position after Bank of America and Wells Fargo. The holding made up 19% of its $197 million portfolios, which contains only five stocks.\" -Business Insider\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/854434bc998e4c69eafe57d1010b4375\" tg-width=\"640\" tg-height=\"141\"><span>Source: SEC</span></p>\n<p>Charlie Munger not only helps Warren Buffett manage Berkshire's $200 billion portfolio, but also runs the Daily Journal's $200 million portfolio.</p>\n<p>Munger is a big proponent of concentrated portfolios, with just a handful of ultra-high conviction names.</p>\n<p>The Daily Journal owns just five companies, one of which is a 19% allocation to Alibaba, a new holding. In a span of a few months, Charlie Munger bought $37 million worth of BABA for this portfolio.</p>\n<p>I've personally bought BABA 133 times over the past year, investing $79,000 into the largest Chinese tech giant, at the best valuations in its history.</p>\n<blockquote>\n When it's raining gold, reach for a bucket, not a thimble.\" - Warren Buffett\n</blockquote>\n<p>OK, so maybe 57 analysts, 6 rating agencies, and Charlie Munger are all bullish on Alibaba. And maybe its track record for beating expectations in the last few years is very good.</p>\n<p>But how good are analysts at predicting this complex company's hyper-growth rates over the long term?</p>\n<p><img src=\"https://static.tigerbbs.com/3c117ddc033e72f4e094ba7d032307cd\" tg-width=\"640\" tg-height=\"376\"><img src=\"https://static.tigerbbs.com/4f846b962d2aa6d3ebf1ad70d5938ace\" tg-width=\"640\" tg-height=\"346\"></p>\n<p>Despite a highly complex business model analysts are relatively good at forecasting BABA's growth. Specifically, the company has only missed two-year earnings growth forecasts twice out of the six years that analysts have offered them.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b166fd21088642dd18933b03549a4507\" tg-width=\"728\" tg-height=\"760\"><span>Source: FAST Graphs, FactSet Research</span></p>\n<p>BABA is trading at approximately a 42% discount to the average historical fair value, creating massive short-term upside potential. BABA could double by March 2023 and merely return to fair value if it grows as expected.</p>\n<ul>\n <li>2021 fair value range: $352 and $572</li>\n <li>2021 Harmonic Average Fair Value (smooths out outliers): $404</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/594f926b373349d852429b8d361c427a\" tg-width=\"726\" tg-height=\"721\"></p>\n<p>For anyone comfortable with BABA's risk profile, this is a potentially very strong (but speculative) buy.</p>\n<p>What kind of returns might we expect from the most undervalued hyper-growth company on Wall Street?</p>\n<p><b>Alibaba 2023 Consensus Return Potential</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4e9988e7b8ee2a059f6b0e760f0c5d5\" tg-width=\"640\" tg-height=\"382\"><span>Source: F.A.S.T Graphs, FactSet Research</span></p>\n<p>If BABA grows as analysts expect through 2023, and returns to historical fair value, then analysts expect</p>\n<ul>\n <li>83% total returns</li>\n <li>36% CAGR returns</li>\n <li>vs 0.1% CAGR S&amp;P 500</li>\n</ul>\n<p>BABA at its potential 42% discount has the potential to outperform the 37% overvalued S&amp;P 500 by 87% over the next three years.</p>\n<p><b>S&amp;P 500 2023 Consensus Return Potential</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3bc2b26c4bd03b11903aaa86335d562\" tg-width=\"640\" tg-height=\"445\"><span>Source: F.A.S.T Graphs, FactSet Research</span></p>\n<p><b>Alibaba 2026 Consensus Return Potential</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da580aa10baf0cbed941565aa90a32bb\" tg-width=\"640\" tg-height=\"404\"><span>Source: F.A.S.T Graphs, FactSet Research</span></p>\n<p>If BABA grows as analysts expect through 2026, and returns to historical fair value, then analysts expect</p>\n<ul>\n <li>296% total returns (almost quadruple your investment)</li>\n <li>26.0% CAGR returns</li>\n <li>vs 5.1% CAGR S&amp;P 500</li>\n <li><i><b>5.1X the S&amp;P 500's consensus return potential</b></i></li>\n</ul>\n<p><b>S&amp;P 500 2025 Consensus Return Potential</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e94a699ac731d8410c77fc315283122d\" tg-width=\"640\" tg-height=\"449\"><span>Source: F.A.S.T Graphs, FactSet Research</span></p>\n<p>Basically, BABA is a speculative Buffett/Munger style \"fat pitch\" that I've been swinging away at for months.</p>\n<p>Not because I hope that the thesis remains intact, but because the 63 experts who know this company best say it is, and are willing to invest tens of millions alongside me.</p>\n<p><b>Amazon: The Best Hyper-Growth Ultra SWAN Bargain On Wall Street</b></p>\n<p><b>Further Research (Including A Detailed Analysis Of AMZN's Risk Profile)</b></p>\n<p><b>Who Should Consider Buying Amazon</b></p>\n<ul>\n <li>total return investors</li>\n <li>core investors seeking to maximize fundamental risk-adjusted return potential</li>\n <li>those comfortable with the complex risk profile of US tech giants (see the deep dive article above) - including increased regulatory risk</li>\n <li>volatility tolerant investors who understand that headline risk can result in sharp short-term volatility (even double-digit declines in a single day)</li>\n</ul>\n<p><b>Who Shouldn't Consider Buying Amazon</b></p>\n<ul>\n <li>those uncomfortable with the risk profile of US tech stocks</li>\n <li>those who can't afford to buy anything that doesn't pay a dividend today</li>\n <li>investors seeking a \"get rich quick\" instant profit (tech could remain under pressure from steadily rising interest rates for several months or even years)</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79deb890df9d3f3c3f9e96d6c4f3daea\" tg-width=\"640\" tg-height=\"283\"><span>Source: Seeking Alpha</span></p>\n<p>Like Alibaba, Amazon's track record for smashing expectations is impressive. It often beats expectations by over 50% in any given quarter.</p>\n<p>In Jeff Bezos' last annual letter to shareholders as CEO, he outlined both an ambitious goal to become the world's best employer (the Costco business model of employee loyalty/productivity) and disclosed that Amazon Prime now has&nbsp;over 200 million global members.</p>\n<blockquote>\n We view shares of wide-moat Amazon as increasingly attractive in the recent sell-off related to growth-oriented technology stocks, and we highlight it&nbsp;\n <b>among our top picks</b>&nbsp;currently while reiterating our $4,000 fair value estimate.\n</blockquote>\n<blockquote>\n Our long-term investment case centers around Amazon's dominance in both e-commerce and public cloud services through Amazon Web Services (AWS) as well as its quiet strength in its unique advertising business...\n</blockquote>\n<blockquote>\n Amazon Prime offers benefits that make shopping on Amazon properties even more compelling for consumers while providing recurring cash flow. These factors have combined to create the&nbsp;\n <b>only demand aggregator of substance in the United States...</b>\n</blockquote>\n<blockquote>\n We also see technology advancements in AWS and a bigger push to service enterprise customers as helping to sustain the company's lead there.\n <b>Overall, we see strong revenue and free cash flow growth for years to come.</b>\" - Morningstar (emphasis added)\n</blockquote>\n<p>Morningstar is very bullish on Amazon, and so are most analysts. I've personally invested about $200,000 into the company, part of my plan to invest $1 million in total over several decades.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93de04ef81f109f920d06f9f7b5da7d3\" tg-width=\"640\" tg-height=\"567\"><span>Source: FactSet Research Terminal</span></p>\n<p>50 analysts cover Amazon on Wall Street, as well as six major rating agencies.</p>\n<p>Together these 56 experts cover the entire risk profile of the company and let Dividend Kings members know whether any scary headlines significantly alter the fundamental thesis.</p>\n<p>With a 37% growth consensus, on par with such growth darlings as Tesla (TSLA), and Netflix (NFLX), Amazon's hyper-growth thesis remains firmly intact.</p>\n<p><img src=\"https://static.tigerbbs.com/581799d79d245f3d41ee6c15d0db1399\" tg-width=\"640\" tg-height=\"393\"></p>\n<p>How on earth can a company so big be expected to grow so fast beyond for more than a few years?</p>\n<p>Amazon has invested hundreds of billions into growth over the decades and is expected to keep accelerating growth investments for the foreseeable future.</p>\n<ul>\n <li>2020 R&amp;D spending: $37.7 billion</li>\n <li>2020 growth capex spending: $35.0 billion</li>\n <li>2020 total growth spending: $72.7 billion</li>\n <li>2026 consensus R&amp;D $75.9 billion</li>\n <li>2026 consensus capex spending: $45.9 billion</li>\n <li>2026 consensus growth spending: $121.8 billion</li>\n</ul>\n<p>Few companies on Earth can dream of $122 billion in sales. Just one is expected to spend that much on annual growth within five years, and that's Amazon.</p>\n<p>Yet even with an almost 100% increase in growth Amazon's margins are expected to increase significantly in the coming years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/991c82e8f94a8864f998a86ce220f001\" tg-width=\"910\" tg-height=\"602\"><span>Source: FactSet Research Terminal</span></p>\n<p>Margin expansion of almost 200% in some cases is due to Amazon's key earnings drivers being its fastest-growing segments.</p>\n<ul>\n <li>AWS had 30% operating margins in 2020</li>\n <li>by 2026 analysts expect economies of scale to bring that up to 46%</li>\n <li>Piper Jaffrey estimates that advertising is generating 75% operating margins for Amazon</li>\n</ul>\n<p>Amazon's ecosystem is glorious.</p>\n<p>The more people sign up for Prime, the more likely they are to use Amazon's services.</p>\n<p>The more people use Amazon's services the more data it has to feed into its machine-learning algorithms.</p>\n<p>Which improves AWS data analytics, even more, helping grow AWS's moat.</p>\n<p>And also improving the conversions on advertising (already 4X that of Alphabet).</p>\n<p>Meanwhile, Amazon's economies of scale mean it's able to offer consumers more of what they want, at lower costs than almost any rival, with free two-day shipping, and 2-hour shipping for a modest convenience fee.</p>\n<p>Basically, great prices, incredible convenience, and Prime benefits that keep expanding and already number in the dozens.</p>\n<p>To give you a small idea of the logistical advantage Amazon has, according to McClatchy, Amazon has 57 warehouses serving just the Philadelphia metro area.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3731f64ff998478958f089791a62262a\" tg-width=\"904\" tg-height=\"731\"><span>Source: FactSet Research Terminal</span></p>\n<p>The only thing more impressive than Amazon's growth estimates is the absolute values of its earnings and cash flow estimates.</p>\n<p>Amazon could become the first $1 trillion revenue company in history (not adjusted for inflation). By 2023 it's expected to surpass Walmart (WMT) as the #1 sales company on earth.</p>\n<p>By 2024 it's expected to become the first company in history to achieve $100 billion in free cash flow, a figure that's expected to grow by 56% over just the following two years. And that's despite investing $122 billion into further growth in 2026 alone.</p>\n<p>How on earth can Amazon spend that much on growth? Let's consider the upcoming Lord of the Rings TV show coming to Amazon Prime.</p>\n<ul>\n <li>Amazon spent $250 million on the rights to make a TV show prequel to the movies and books</li>\n <li>it's now apparently spending&nbsp;$465 million on the first season alone</li>\n <li>Amazon is rumored to be planning a 5-season arc</li>\n <li>meaning that it might end up spending $2 billion on the largest TV show in history</li>\n <li>vs $1.5 billion that HBO spent on 8 seasons of Game of Thrones (which netted it $1.6 billion in profit)</li>\n <li>this show might be GOT on crack</li>\n</ul>\n<p>Is spending $2+ billion on a TV show a good use of shareholder capital? Only time will tell. I am a Prime member, but not because I want to watch Lord of the Rings. Most certainly I will tune in if just to see what $40+ million per episode means in terms of sets and production values.</p>\n<p>But the point is that Amazon is one of the few companies on earth, that can throw billions at an idea that might or might now work. That's been the key to the company's success for 20 years.</p>\n<ul>\n <li>try many, seemingly crazy things</li>\n <li>double down on those that work</li>\n <li>and thus potentially disrupt every major industry in the world</li>\n</ul>\n<p>Basically, this is a world-beating empire and one that is potentially set to smash expectations yet again while trading at a significant discount to fair value.</p>\n<p><b>Amazon Is The Best Ultra SWAN Hyper-Growth Company You Can Buy Today</b></p>\n<p>First, it's important to point out that despite one of the most complex businesses on earth, analysts have a generally good idea of how to forecast this company's growth.</p>\n<p><img src=\"https://static.tigerbbs.com/dd658819b2ca7b9229873f302a76e1c1\" tg-width=\"640\" tg-height=\"358\"><img src=\"https://static.tigerbbs.com/6ffe8333521b97312b717e009135c6a6\" tg-width=\"640\" tg-height=\"352\"></p>\n<p>Despite a very complex business model, analysts are relatively accurate at forecast cash flow growth courtesy of good management guidance.</p>\n<ul>\n <li>margins of error over the last decade are less than 25% to the downside, 30% to the upside</li>\n</ul>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><b>Metric</b></td>\n   <td><b>Historical Fair Value Multiple (13-years)</b></td>\n   <td><b>2020</b></td>\n   <td><b>2021</b></td>\n   <td><b>2022</b></td>\n   <td><b>2023</b></td>\n   <td><b>2024</b></td>\n   <td><b>2025</b></td>\n  </tr>\n  <tr>\n   <td>Owner Earnings (Buffett Smoothed Out FCF)</td>\n   <td>26.1</td>\n   <td>$4,857</td>\n   <td>$4,210</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td>Operating Cash Flow</td>\n   <td>25.1</td>\n   <td>$3,252</td>\n   <td>$3,472</td>\n   <td>$4,128</td>\n   <td>$4,879</td>\n   <td>$7,362</td>\n   <td>$8,838</td>\n  </tr>\n  <tr>\n   <td>Free Cash Flow</td>\n   <td>58.3</td>\n   <td>$2,964</td>\n   <td>$4,645</td>\n   <td>$6,066</td>\n   <td>$8,484</td>\n   <td>$11,001</td>\n   <td>$13,692</td>\n  </tr>\n  <tr>\n   <td>EBITDA</td>\n   <td>40.0</td>\n   <td>$3,101</td>\n   <td>$5,534</td>\n   <td>$6,961</td>\n   <td>$8,602</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td><i><b>Average</b></i></td>\n   <td><i><b>$3,409</b></i></td>\n   <td><i><b>$4,341</b></i></td>\n   <td><i><b>$5,447</b></i></td>\n   <td><i><b>$6,832</b></i></td>\n   <td><i><b>$8,821</b></i></td>\n   <td><i><b>$10,742</b></i></td>\n  </tr>\n  <tr>\n   <td>Current Price</td>\n   <td>$3,373.03</td>\n  </tr>\n  <tr>\n   <td><p><b>Discount To Fair Value</b></p></td>\n   <td><b>1%</b></td>\n   <td><b>22%</b></td>\n   <td><b>38%</b></td>\n   <td><b>51%</b></td>\n   <td><b>62%</b></td>\n   <td><b>69%</b></td>\n  </tr>\n  <tr>\n   <td><i><b>Upside To Fair Value</b></i></td>\n   <td><i><b>1%</b></i></td>\n   <td><i><b>29%</b></i></td>\n   <td><i><b>61%</b></i></td>\n   <td><i><b>103%</b></i></td>\n   <td><i><b>162%</b></i></td>\n   <td><i><b>218%</b></i></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: F.A.S.T Graphs, FactSet Research)</i></p>\n<p>Amazon is trading at a 32% discount to this year's fundamental consensus estimates.</p>\n<ul>\n <li>A return to average historical fair value by the end of 2025 would result in about 218% CAGR total returns</li>\n <li>2021 fair value range: $3,472 to $5,534</li>\n <li>2021 Harmonic Average Fair Value (smooths out outliers): $4,341</li>\n</ul>\n<p>Morningstar estimates the fair value at about $4,000 using its proprietary DCF model. The 12 month-consensus price target on Wall Street is $4021.</p>\n<p>I can't tell you when Amazon will climb over $4,000 but based on the four relatively-non compressing fair value multiples I use in my model, I can tell you that $4K within 12 months would still mean AMZN is a great bargain.</p>\n<p><img src=\"https://static.tigerbbs.com/98ded6ada1fc124d870915b9fb084f44\" tg-width=\"682\" tg-height=\"692\"></p>\n<p>Amazon is about 22% undervalued today, but it trades at $4,000 in 12 months, it will still be roughly the same discount to fair value as it is now.</p>\n<p>That's the power of hyper-growth at a reasonable price.</p>\n<p><b>Amazon 2023 Consensus Return Potential</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd26a418a7c560bf478695b15286743e\" tg-width=\"640\" tg-height=\"380\"><span>Source: F.A.S.T Graphs, FactSet Research</span></p>\n<p>If AMZN grows as analysts expect through 2023, and returns to its historical fair value, then analysts expect</p>\n<ul>\n <li>46% total returns</li>\n <li>15.0% CAGR returns</li>\n <li>vs 0.1% CAGR S&amp;P 500</li>\n</ul>\n<p>Using the most conservative fair value multiple shows AMZN at its potential 22% discount has the potential to outperform the 37% overvalued S&amp;P 500 by 46% over the next three years.</p>\n<p><b>Amazon 2026 Consensus Return Potential</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f5a96c6447ae50a6062409f71613873\" tg-width=\"640\" tg-height=\"396\"><span>Source: F.A.S.T Graphs, FactSet Research</span></p>\n<p>If AMZN grows as analysts expect through 2026, and returns to its historical fair value, then analysts expect</p>\n<ul>\n <li>192% total returns</li>\n <li>20.7% CAGR returns</li>\n <li>vs 5.1% CAGR S&amp;P 500</li>\n <li><i><b>4X the market's consensus return potential</b></i></li>\n</ul>\n<p><b>Bottom Line: Alibaba And Amazon Are 2 Hyper-Growth Blue-Chip Bargains Set To Soar After Earnings</b></p>\n<p>I can't guarantee that either BABA or AMZN will beat expectations in any given quarter. Their four-year track records indicate they probably will, creating potentially strong short-term upside from currently attractive valuations.</p>\n<p>But far more important than what either stock does on April 30th is where these prices are likely headed in the next 5+ years.</p>\n<p>Both Alibaba and Amazon are tech juggernauts with complex risk profiles. They aren't right for everyone, no company is.</p>\n<p>But for those seeking hyper-growth blue-chips at reasonable to very attractive valuations, the time to open or add to a position in BABA or Amazon, could be now.</p>\n<p>If you combine BABA and AMZN with high-yield blue-chips such as&nbsp;MMP,BTI, or&nbsp;ENB, then you can enjoy generous, safe, and growing yield today, with exceptional total returns in the future.</p>\n<p>That's how I approach every growth investment, pairing it with the best high-yield blue-chips on earth, so I can have my cake and eat it too. Getting paid to own Amazon and BABA at these valuations is both greedy, possible, and sensible.</p>\n<p>In a market fraught with many dangerous speculative bubbles, BABA and AMZN represent some of the lowest risk/highest probability hyper-growth investments you can make today.</p>\n<p>This is why I've invested about $280,000 into these two companies alone in the past year.</p>\n<p>High conviction ideas? You bet. But as Buffett said, \"when it's raining gold reach for a bucket, not a thimble.\"</p>\n<p>BABA and AMZN are fat pitch hyper-growth blue-chips that are just one catalyst away from a potentially major and sustained rally. A large earnings beat could be just what it takes to send one or both soaring.</p>\n<p>Basically, it's time to stop praying for luck on Wall Street, and start making your own. Not through market timing, but through a disciplined application of financial science.</p>\n<p>One that is best summarized by Joel Greenblatt, who delivered 40% annual returns for 21 years, through a focus on quality and value.</p>\n<blockquote>\n \"We're buying above-average quality companies at below-average prices\".\n</blockquote>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Coiled Spring Blue-Chip Bargains To Buy Ahead Of Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Coiled Spring Blue-Chip Bargains To Buy Ahead Of Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4420181-amazon-and-alibaba-two-coiled-spring-blue-chip-bargains-to-buy-ahead-of-earnings><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nEarnings season can be a time of incredible volatility, with even blue chips rising or falling as much as 20% in a day.\nBuying undervalued hyper-growth blue chips with fantastic track records...</p>\n\n<a href=\"https://seekingalpha.com/article/4420181-amazon-and-alibaba-two-coiled-spring-blue-chip-bargains-to-buy-ahead-of-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","AMZN":"亚马逊","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4420181-amazon-and-alibaba-two-coiled-spring-blue-chip-bargains-to-buy-ahead-of-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104307372","content_text":"Summary\n\nEarnings season can be a time of incredible volatility, with even blue chips rising or falling as much as 20% in a day.\nBuying undervalued hyper-growth blue chips with fantastic track records of smashing expectations quarter after quarter is a good way to maximize the odds of a glorious earnings rally.\nBABA and AMZN are two of the best hyper-growth blue-chip bargains on Wall Street today. They also have a consistent record of significantly beating expectations for the last four years.\nBABA is 42% undervalued, a speculative SWAN tech giant out of China whose investment thesis has remained firmly intact despite the recent regulatory crackdown. Analysts expect BABA to potentially beat the S&P 500 by 5X over the next five years, a nearly 300% consensus return potential.\nAmazon is the best Ultra SWAN quality hyper-growth bargain on Wall Street, a 22% margin of safety. Analysts expect AMZN to potentially triple over the next five years. Backing up those estimates is some of the most impressive growth investment and margin expansion in corporate American history. Charlie Munger has invested $37 million into BABA, while I've invested about $200K into BABA and Amazon over the past year. \"When it's raining gold, reach for a bucket, not a thimble.\" - Warren Buffett.\n\nPhoto by JuSun/iStock via Getty Images\nEarnings season is famous for high volatility, especially for individual companies.\nIt's impossible to predict just which companies will experience the biggest pops or crashes. That's because in the short term very little of a stock's returns are explained by fundamentals or valuation.\n\nOver the long term, valuation and fundamentals are 11X as powerful as sentiment/luck.\n\nBasically, over the long term, fundamentals and valuation are all pretty much all that matters.\nAccording to Bank of America's (BAC) head of quant research, if fundamentals are stable, 80% of long-term returns (10+ years) are due to valuation mean reversion.\n\nHowever, investors looking for a short-term pop in price can make high probability/low-risk decisions, such as buying quality fast-growing blue-chips who are pricing in less growth than analysts expect in the short-term.\nToday I wanted to highlight two hyper-growth blue chips that are potential coiled springs, just waiting for a positive catalyst to potentially send them soaring, Amazon (AMZN) and Alibaba (BABA).\n\nAmazon reports earnings Thursday, April 29th, after the bell\nAlibaba reports Friday, April 30th\n\nAlibaba: The Best Coiled Spring In Hyper-Growth Tech Could Be Set To Soar\nFurther Research (Including A Detailed Analysis Of BABA's Risk Profile)\nWho Should Consider Buying Alibaba\n\ndeep value investors\ntotal return investors\nthose comfortable with the complex risk profile of Chinese tech giants (see the deep dive article above) - including VIE regulatory risk\nvolatility tolerant investors who understand that headline risk can result in sharp short-term volatility (even double-digit declines in a single day)\ninvestors who are OK with BABA's low ESG risk score (24th industry percentile)\n\nWho Shouldn't Consider Buying Alibaba\n\nthose uncomfortable with the risk profile of Chinese tech stocks (they are inherently speculative regardless of quality or growth outlook)\nthose who lack discretionary savings (money you won't need for 5+ years)\nno dividend stock regardless of quality or safety is a \"bond alternative\" or a \"cash alternative\"\nnever invest milk money, that's gambling not investing\n\nThe thesis behind buying Alibaba ahead of earnings is threefold.\nFirst, Alibaba's track record for beating expectations is exceptional.\nSeeking Alpha\nIn the last four years, BABA has beaten expectations 85% of the time, and most of the time by double digits.\nNext, we have the recent positive news surrounding the $2.8 billion antitrust fine imposed by Beijing.\nHow could that possibly be good news?\n\n HSBC says Alibaba's \"Sword of Damocles\" has been lifted with regulatory risks priced in and antitrust concerns largely put to rest.\n\n\n The firm says BABA's antitrust penalty has \"no fundamental impact on the business or GMV\" since the case \"affects only a number of Tmall flagship stores that are directly operated by brands.\"\n\n\n HSBC does note that the internet sector is still subject to merger control review by Chinese regulators but says Alibaba isn't under any other current antitrust scrutiny.\n\n\n The earnings impact from the antitrust fine is \"manageable,\" representing 19% of FCF as of December 2020.\" -Seeking Alpha\n\nBecause Alibaba's worst-case scenario involved drastic actions, such as a breakup, or forced asset sales, or other means of regulations that could have significantly reduced the growth outlook for the largest tech firm in China.\n\nThe earnings conference call will be another opportunity for management to clarify how it plans to adapt to tougher regulations for all Chinese tech firms, including its chief rivals.\nFor now, analysts have become more bullish on BABA's growth outlook than before the November crackdown began.\nThat crackdown began with the abrupt cancellation of the Ant Financial IPO, which was expected to be the largest in history. An IPO that, according to Reuters,might still happen in the future.\nHowever, while Alibaba owns about 33% of Ant Financial, whether or not that IPO happens, isn't material to BABA's long-term growth story.\n\n We have more visibility regarding the regulator's expectations for Ant Group's restructuring and we think these also apply to China's fintech industry as a whole.\n\n\n Overall we believe the regulator's guidelines for Ant's restructuring are within our expectations for all Ant's financial activities to be subject to regulations, on par with traditional financial institutions, as mentioned in our Alibaba report published in January.\" - Morningstar\n\nMorningstar doesn't expect the Ant IPO, whenever it happens (or doesn't) to significantly impact BABA's thesis or its fair value estimate.\n\n At the current stage, we expect the valuation impact of Ant's restructuring tilts toward our base case and bear case assumptions, resulting in a 29% to 55% reduction to our prior IPO valuation for Ant.The respective cut to Alibaba's fair value estimate is minimal at 0% to 3%...Alibaba is cheap in either case. We have accounted for the contribution from its holding of the 33% stake of Ant. Alibaba did not disclose the contribution of Huabei to its gross merchandise value but said it is low.\"\n\nBank of America, in its April 12th note looking at the effects of the fine concluded\n\n We expect Alibaba to remain the leading eCommerce and Cloud platforms. Its leadership position enables it to benefitfrom industry growth and economies of scale. Alibaba has industry-leading investment in R&D to facilitate cross-selling and targeting. Hence there should be room for customer management growth. It also runs industry-leading B2B and cloud services and has initiatives targeting large addressable markets such as overseas eCommerce, new retail, O2O, and an affiliate, Ant Technology.\" - Bank of America\n\nWhat effects does BAC expect from the increased regulations?\n\n2020 to 2023 FCF growth rate falls from 26% to 20% annually\nfrom 2023 to 2026 FCF growth accelerates from 22% to 24%\n\nHow can BABA still retain hyper-growth rates in the face of higher regulatory costs?\nAs BAC notes, management has said it plans to increase investments into value-added services to grow both users and its merchant base.\nOK, so Morningstar and Bank of America say that BABA's thesis remains intact.\nGuess what? So does the consensus of all 57 analysts that cover BABA for Wall Street (more coverage than almost any other company on earth).\nSource: FactSet Research Terminal\nAlibaba was expected to grow like a weed before the regulatory crackdown. Now that we have a lot clearer picture of greater regulations...it's still expected to be one of the fastest-growing companies on earth.\nDespite analysts expecting massive growth investments in the coming years, BABA's margins are expected to hold up relatively well, or even expand.\n\nR&D spending expected to rise from $6 billion in 2020 to $19.3 billion in 2026\ngrowth capex spending expected to rise from $6.6 billion in 2020 to $16.0 billion in 2026\ntotal growth spending rising from $12.6 billion to $35.3 billion\n\nSource: FactSet Research Terminal\nFor context, 19% FCF margins analysts expect in 2024 would be on par with what Apple (AAPL) enjoys today. Most e-commerce giants, including Amazon, can only dream of such profitability, which is expected to improve even more once the growth investment phase of the business is completed.\nSource: Gurufocus\nIn fact, as far as balance sheet and profitability go, BABA is in the top 20% of global peers and has been since it started trading on the NYSE in 2014.\nS&P, Fitch, and Moody's, factoring the entire risk profile, including account fraud, corporate governance, and other ESG variables, rate BABA A+ stable outlook (or its equivalent).\n\n0.6% 30-year default/bankruptcy risk\n\nSource: Gurufocus\n\nM-score is 76% historically accurate at catching account fraud\nIn 2000 students at Cornell using only this metric predicted Enron was losing millions, covering it up with fraud, and would soon go bankrupt\nwhich is what happened, analysts missed it the M-score did not\nBABA's current and historical M-score indicates a less than 17.5% probability of accounting fraud\nconfirmed by six rating agencies and PWC HK, which is BABA's auditor\nand which has used US GAAP accounting standards for decades\n\nIn other words, nothing that has sent BABA's shares skidding in recent months appears to have permanently harmed the investment thesis.\nSource: FactSet Research Terminal\nBABA is still expected to gain over 300 million monthly users within the next five years.\n\nbasically the population of the US\nby 2026 a user base almost equal to the population of Europe\n\nIt's still expected to more than quadruple revenue and grow EBITDA by over 400%.\nOver the long-term analysts still expect close to 25% annual growth from BABA.\n\n Charlie Munger may be a 97-year-old who has spent decades investing in American corporate giants like Coca-Cola and Costco, but he's also open to backing Chinese technology companies.\n\n\n Daily Journal - which has counted Munger as its chairman since 1977 - added Alibaba to its stock portfolio last quarter, a regulatory filing revealed this week.\n\n\n The newspaper publisher and software developer bought 165,000 shares in the Chinese e-commerce group. Its stake was worth $37 million at the end of March, making Alibaba its third-biggest position after Bank of America and Wells Fargo. The holding made up 19% of its $197 million portfolios, which contains only five stocks.\" -Business Insider\n\nSource: SEC\nCharlie Munger not only helps Warren Buffett manage Berkshire's $200 billion portfolio, but also runs the Daily Journal's $200 million portfolio.\nMunger is a big proponent of concentrated portfolios, with just a handful of ultra-high conviction names.\nThe Daily Journal owns just five companies, one of which is a 19% allocation to Alibaba, a new holding. In a span of a few months, Charlie Munger bought $37 million worth of BABA for this portfolio.\nI've personally bought BABA 133 times over the past year, investing $79,000 into the largest Chinese tech giant, at the best valuations in its history.\n\n When it's raining gold, reach for a bucket, not a thimble.\" - Warren Buffett\n\nOK, so maybe 57 analysts, 6 rating agencies, and Charlie Munger are all bullish on Alibaba. And maybe its track record for beating expectations in the last few years is very good.\nBut how good are analysts at predicting this complex company's hyper-growth rates over the long term?\n\nDespite a highly complex business model analysts are relatively good at forecasting BABA's growth. Specifically, the company has only missed two-year earnings growth forecasts twice out of the six years that analysts have offered them.\nSource: FAST Graphs, FactSet Research\nBABA is trading at approximately a 42% discount to the average historical fair value, creating massive short-term upside potential. BABA could double by March 2023 and merely return to fair value if it grows as expected.\n\n2021 fair value range: $352 and $572\n2021 Harmonic Average Fair Value (smooths out outliers): $404\n\n\nFor anyone comfortable with BABA's risk profile, this is a potentially very strong (but speculative) buy.\nWhat kind of returns might we expect from the most undervalued hyper-growth company on Wall Street?\nAlibaba 2023 Consensus Return Potential\nSource: F.A.S.T Graphs, FactSet Research\nIf BABA grows as analysts expect through 2023, and returns to historical fair value, then analysts expect\n\n83% total returns\n36% CAGR returns\nvs 0.1% CAGR S&P 500\n\nBABA at its potential 42% discount has the potential to outperform the 37% overvalued S&P 500 by 87% over the next three years.\nS&P 500 2023 Consensus Return Potential\nSource: F.A.S.T Graphs, FactSet Research\nAlibaba 2026 Consensus Return Potential\nSource: F.A.S.T Graphs, FactSet Research\nIf BABA grows as analysts expect through 2026, and returns to historical fair value, then analysts expect\n\n296% total returns (almost quadruple your investment)\n26.0% CAGR returns\nvs 5.1% CAGR S&P 500\n5.1X the S&P 500's consensus return potential\n\nS&P 500 2025 Consensus Return Potential\nSource: F.A.S.T Graphs, FactSet Research\nBasically, BABA is a speculative Buffett/Munger style \"fat pitch\" that I've been swinging away at for months.\nNot because I hope that the thesis remains intact, but because the 63 experts who know this company best say it is, and are willing to invest tens of millions alongside me.\nAmazon: The Best Hyper-Growth Ultra SWAN Bargain On Wall Street\nFurther Research (Including A Detailed Analysis Of AMZN's Risk Profile)\nWho Should Consider Buying Amazon\n\ntotal return investors\ncore investors seeking to maximize fundamental risk-adjusted return potential\nthose comfortable with the complex risk profile of US tech giants (see the deep dive article above) - including increased regulatory risk\nvolatility tolerant investors who understand that headline risk can result in sharp short-term volatility (even double-digit declines in a single day)\n\nWho Shouldn't Consider Buying Amazon\n\nthose uncomfortable with the risk profile of US tech stocks\nthose who can't afford to buy anything that doesn't pay a dividend today\ninvestors seeking a \"get rich quick\" instant profit (tech could remain under pressure from steadily rising interest rates for several months or even years)\n\nSource: Seeking Alpha\nLike Alibaba, Amazon's track record for smashing expectations is impressive. It often beats expectations by over 50% in any given quarter.\nIn Jeff Bezos' last annual letter to shareholders as CEO, he outlined both an ambitious goal to become the world's best employer (the Costco business model of employee loyalty/productivity) and disclosed that Amazon Prime now has over 200 million global members.\n\n We view shares of wide-moat Amazon as increasingly attractive in the recent sell-off related to growth-oriented technology stocks, and we highlight it \n among our top picks currently while reiterating our $4,000 fair value estimate.\n\n\n Our long-term investment case centers around Amazon's dominance in both e-commerce and public cloud services through Amazon Web Services (AWS) as well as its quiet strength in its unique advertising business...\n\n\n Amazon Prime offers benefits that make shopping on Amazon properties even more compelling for consumers while providing recurring cash flow. These factors have combined to create the \n only demand aggregator of substance in the United States...\n\n\n We also see technology advancements in AWS and a bigger push to service enterprise customers as helping to sustain the company's lead there.\n Overall, we see strong revenue and free cash flow growth for years to come.\" - Morningstar (emphasis added)\n\nMorningstar is very bullish on Amazon, and so are most analysts. I've personally invested about $200,000 into the company, part of my plan to invest $1 million in total over several decades.\nSource: FactSet Research Terminal\n50 analysts cover Amazon on Wall Street, as well as six major rating agencies.\nTogether these 56 experts cover the entire risk profile of the company and let Dividend Kings members know whether any scary headlines significantly alter the fundamental thesis.\nWith a 37% growth consensus, on par with such growth darlings as Tesla (TSLA), and Netflix (NFLX), Amazon's hyper-growth thesis remains firmly intact.\n\nHow on earth can a company so big be expected to grow so fast beyond for more than a few years?\nAmazon has invested hundreds of billions into growth over the decades and is expected to keep accelerating growth investments for the foreseeable future.\n\n2020 R&D spending: $37.7 billion\n2020 growth capex spending: $35.0 billion\n2020 total growth spending: $72.7 billion\n2026 consensus R&D $75.9 billion\n2026 consensus capex spending: $45.9 billion\n2026 consensus growth spending: $121.8 billion\n\nFew companies on Earth can dream of $122 billion in sales. Just one is expected to spend that much on annual growth within five years, and that's Amazon.\nYet even with an almost 100% increase in growth Amazon's margins are expected to increase significantly in the coming years.\nSource: FactSet Research Terminal\nMargin expansion of almost 200% in some cases is due to Amazon's key earnings drivers being its fastest-growing segments.\n\nAWS had 30% operating margins in 2020\nby 2026 analysts expect economies of scale to bring that up to 46%\nPiper Jaffrey estimates that advertising is generating 75% operating margins for Amazon\n\nAmazon's ecosystem is glorious.\nThe more people sign up for Prime, the more likely they are to use Amazon's services.\nThe more people use Amazon's services the more data it has to feed into its machine-learning algorithms.\nWhich improves AWS data analytics, even more, helping grow AWS's moat.\nAnd also improving the conversions on advertising (already 4X that of Alphabet).\nMeanwhile, Amazon's economies of scale mean it's able to offer consumers more of what they want, at lower costs than almost any rival, with free two-day shipping, and 2-hour shipping for a modest convenience fee.\nBasically, great prices, incredible convenience, and Prime benefits that keep expanding and already number in the dozens.\nTo give you a small idea of the logistical advantage Amazon has, according to McClatchy, Amazon has 57 warehouses serving just the Philadelphia metro area.\nSource: FactSet Research Terminal\nThe only thing more impressive than Amazon's growth estimates is the absolute values of its earnings and cash flow estimates.\nAmazon could become the first $1 trillion revenue company in history (not adjusted for inflation). By 2023 it's expected to surpass Walmart (WMT) as the #1 sales company on earth.\nBy 2024 it's expected to become the first company in history to achieve $100 billion in free cash flow, a figure that's expected to grow by 56% over just the following two years. And that's despite investing $122 billion into further growth in 2026 alone.\nHow on earth can Amazon spend that much on growth? Let's consider the upcoming Lord of the Rings TV show coming to Amazon Prime.\n\nAmazon spent $250 million on the rights to make a TV show prequel to the movies and books\nit's now apparently spending $465 million on the first season alone\nAmazon is rumored to be planning a 5-season arc\nmeaning that it might end up spending $2 billion on the largest TV show in history\nvs $1.5 billion that HBO spent on 8 seasons of Game of Thrones (which netted it $1.6 billion in profit)\nthis show might be GOT on crack\n\nIs spending $2+ billion on a TV show a good use of shareholder capital? Only time will tell. I am a Prime member, but not because I want to watch Lord of the Rings. Most certainly I will tune in if just to see what $40+ million per episode means in terms of sets and production values.\nBut the point is that Amazon is one of the few companies on earth, that can throw billions at an idea that might or might now work. That's been the key to the company's success for 20 years.\n\ntry many, seemingly crazy things\ndouble down on those that work\nand thus potentially disrupt every major industry in the world\n\nBasically, this is a world-beating empire and one that is potentially set to smash expectations yet again while trading at a significant discount to fair value.\nAmazon Is The Best Ultra SWAN Hyper-Growth Company You Can Buy Today\nFirst, it's important to point out that despite one of the most complex businesses on earth, analysts have a generally good idea of how to forecast this company's growth.\n\nDespite a very complex business model, analysts are relatively accurate at forecast cash flow growth courtesy of good management guidance.\n\nmargins of error over the last decade are less than 25% to the downside, 30% to the upside\n\n\n\n\n\nMetric\nHistorical Fair Value Multiple (13-years)\n2020\n2021\n2022\n2023\n2024\n2025\n\n\nOwner Earnings (Buffett Smoothed Out FCF)\n26.1\n$4,857\n$4,210\nNA\nNA\nNA\nNA\n\n\nOperating Cash Flow\n25.1\n$3,252\n$3,472\n$4,128\n$4,879\n$7,362\n$8,838\n\n\nFree Cash Flow\n58.3\n$2,964\n$4,645\n$6,066\n$8,484\n$11,001\n$13,692\n\n\nEBITDA\n40.0\n$3,101\n$5,534\n$6,961\n$8,602\nNA\nNA\n\n\nAverage\n$3,409\n$4,341\n$5,447\n$6,832\n$8,821\n$10,742\n\n\nCurrent Price\n$3,373.03\n\n\nDiscount To Fair Value\n1%\n22%\n38%\n51%\n62%\n69%\n\n\nUpside To Fair Value\n1%\n29%\n61%\n103%\n162%\n218%\n\n\n\n(Source: F.A.S.T Graphs, FactSet Research)\nAmazon is trading at a 32% discount to this year's fundamental consensus estimates.\n\nA return to average historical fair value by the end of 2025 would result in about 218% CAGR total returns\n2021 fair value range: $3,472 to $5,534\n2021 Harmonic Average Fair Value (smooths out outliers): $4,341\n\nMorningstar estimates the fair value at about $4,000 using its proprietary DCF model. The 12 month-consensus price target on Wall Street is $4021.\nI can't tell you when Amazon will climb over $4,000 but based on the four relatively-non compressing fair value multiples I use in my model, I can tell you that $4K within 12 months would still mean AMZN is a great bargain.\n\nAmazon is about 22% undervalued today, but it trades at $4,000 in 12 months, it will still be roughly the same discount to fair value as it is now.\nThat's the power of hyper-growth at a reasonable price.\nAmazon 2023 Consensus Return Potential\nSource: F.A.S.T Graphs, FactSet Research\nIf AMZN grows as analysts expect through 2023, and returns to its historical fair value, then analysts expect\n\n46% total returns\n15.0% CAGR returns\nvs 0.1% CAGR S&P 500\n\nUsing the most conservative fair value multiple shows AMZN at its potential 22% discount has the potential to outperform the 37% overvalued S&P 500 by 46% over the next three years.\nAmazon 2026 Consensus Return Potential\nSource: F.A.S.T Graphs, FactSet Research\nIf AMZN grows as analysts expect through 2026, and returns to its historical fair value, then analysts expect\n\n192% total returns\n20.7% CAGR returns\nvs 5.1% CAGR S&P 500\n4X the market's consensus return potential\n\nBottom Line: Alibaba And Amazon Are 2 Hyper-Growth Blue-Chip Bargains Set To Soar After Earnings\nI can't guarantee that either BABA or AMZN will beat expectations in any given quarter. Their four-year track records indicate they probably will, creating potentially strong short-term upside from currently attractive valuations.\nBut far more important than what either stock does on April 30th is where these prices are likely headed in the next 5+ years.\nBoth Alibaba and Amazon are tech juggernauts with complex risk profiles. They aren't right for everyone, no company is.\nBut for those seeking hyper-growth blue-chips at reasonable to very attractive valuations, the time to open or add to a position in BABA or Amazon, could be now.\nIf you combine BABA and AMZN with high-yield blue-chips such as MMP,BTI, or ENB, then you can enjoy generous, safe, and growing yield today, with exceptional total returns in the future.\nThat's how I approach every growth investment, pairing it with the best high-yield blue-chips on earth, so I can have my cake and eat it too. Getting paid to own Amazon and BABA at these valuations is both greedy, possible, and sensible.\nIn a market fraught with many dangerous speculative bubbles, BABA and AMZN represent some of the lowest risk/highest probability hyper-growth investments you can make today.\nThis is why I've invested about $280,000 into these two companies alone in the past year.\nHigh conviction ideas? You bet. But as Buffett said, \"when it's raining gold reach for a bucket, not a thimble.\"\nBABA and AMZN are fat pitch hyper-growth blue-chips that are just one catalyst away from a potentially major and sustained rally. A large earnings beat could be just what it takes to send one or both soaring.\nBasically, it's time to stop praying for luck on Wall Street, and start making your own. Not through market timing, but through a disciplined application of financial science.\nOne that is best summarized by Joel Greenblatt, who delivered 40% annual returns for 21 years, through a focus on quality and value.\n\n \"We're buying above-average quality companies at below-average prices\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342818918,"gmtCreate":1618197361934,"gmtModify":1704707388981,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"UPUP DAYDAY UPUP","listText":"UPUP DAYDAY UPUP","text":"UPUP DAYDAY UPUP","images":[{"img":"https://static.tigerbbs.com/9d9c09a4a53b4bbea48d54582fd66694","width":"1176","height":"2630"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342818918","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":343813671,"gmtCreate":1617700816193,"gmtModify":1704701941957,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"UPUP","listText":"UPUP","text":"UPUP","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343813671","repostId":"2125983037","repostType":2,"repost":{"id":"2125983037","pubTimestamp":1617682143,"share":"https://ttm.financial/m/news/2125983037?lang=&edition=fundamental","pubTime":"2021-04-06 12:09","market":"us","language":"zh","title":"特斯拉一季度交付量近18.5万辆再创纪录，马斯克特别提到中国","url":"https://stock-news.laohu8.com/highlight/detail?id=2125983037","media":"观察者网","summary":"不过，由于中国市场的强劲增长，该公司今年一季度交付近18.5万辆汽车，同比增长109%，超出市场预期近2万辆，再度刷新其季度交付量纪录。然而，特斯拉却意外交出一份亮眼的数据，一季度交付量超出市场预期。事实上，在电子元件短缺影响下，特斯拉一季度交付量环比增幅仅为2.2%；总产量环比仅增长0.3%。特斯拉中国回应称，调价主要是受该公司生产制造成本上升的影响。华尔街分析师认为，特斯拉今年的交付量目标将在82.5万至87.5万辆之间。","content":"<html><body><article><p>【文/观察者网 吕栋】<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>去年未能实现交付目标，原本引发一些分析师的担忧。不过，由于中国市场的强劲增长，该公司今年一季度交付近18.5万辆汽车，同比增长109%，超出市场预期近2万辆，再度刷新其季度交付量纪录。</p><p>随着至少三家券商上调特斯拉的目标价，该公司CEO埃隆·马斯克也表现的十分激动。当地时间周一，马斯克在个人推特上发文称，“特斯拉团队干的非常出色！特别要提到特斯拉中国！”</p><p>上周五，特斯拉披露交付数据时，刚好赶上美股因耶稣受难日休市，资本市场暂时无法做出反应。周一开盘，特斯拉高开逾6%，最终收涨4.43%，市值达到6550亿美元（约合人民币4.3万亿元）。</p><img src=\"http://inews.gtimg.com/newsapp_match/0/13378152043/0\"/><p>推特截图</p><p><strong>中国市场需求强劲</strong></p><p>过去的2020年，特斯拉一共交付49.955万辆汽车，略低于交付50万辆的目标。进入2021年，工厂失火、零部件短缺导致生产线临时关闭等因素，让一些分析师对该公司一季度的交付前景产生担忧。</p><p>然而，特斯拉却意外交出一份亮眼的数据，一季度交付量超出市场预期。路透社在报道指出，这是因为中国市场的强劲需求，帮助特斯拉抵消了全球汽车零部件短缺的影响。</p><p>上周五，特斯拉披露的数据显示，该公司今年前3月共生产约18万辆汽车，同比增长75.6%；交付近18.5万辆汽车，同比增长109%；这一成绩高于市场预期的16.8万辆，也再度刷新其季度交付量纪录。</p><p>具体来看，在一季度的交付数据里，Model 3和Model Y仍然是特斯拉的交付主力，二者合计交付量达182780辆，生产量则达到180338辆，占一季度交付量的99%。</p><p>美国券商Wedbush分析师Dan Ives在当天的一份研究报告中指出，在看多特斯拉的投资者眼中，一季度的交付数据无疑是一个“巨大的本垒打”。他认为，中国和欧洲本季度的销售增长尤其强劲。</p><p>随后，至少三家券商上调特斯拉的目标价，其中Wedbush Securities最为乐观，将其目标价从950美元上调至1000美元，远高于华尔街投行的中位数目标价712.50美元。</p><p>财报显示，2020年特斯拉在华收入66.62亿美元，同比增长123.6%，占总营收比例为21%。而2018年和2019年，该公司在华营收分别为17.57亿美元和29.79亿美元，占比分别为8.19%和12.12%。</p><img src=\"http://inews.gtimg.com/newsapp_match/0/13378152044/0\"/><p>特斯拉官网截图</p><p>值得注意的是，由于需要生产新款Model S和Model X，特斯拉对其生产线进行升级调整，导致一季度Model S和Model X的产量为0，交付量也只有2020辆，明显低于此前每季度1万多辆的水平。</p><p>不过，特斯拉在新闻稿中表示，全新的Model S和Model X车型广受好评，新的生产设备也已于第一季度完成安装并通过测试，Model S和X升级版车型目前正处于“加速生产的早期阶段”。</p><p>今年1月，特斯拉开始交付中国制造的Model Y车型，相比此前48.8万元起售的进口产品，中国制造Model Y长续航版的起售价为33.99万元，下调14.81万元，这对其在华销售形成一定刺激。</p><p>中国乘联会数据显示，特斯拉2月在华销量为18318辆，Model Y销量提至4630辆，较1月增长近3倍。</p><p>乘联会报告指出，目前看，特斯拉产品国产化后正逐步改变行业定价规则，尤其是改变SUV的高<span>溢价</span>默认规则。今年特斯拉Model Y与奥迪Q5、奔驰GLC、宝马X3的竞争价格关系应该发生明显逆转，Model Y的价格相对具有一定优势，这样会获得更多豪华车消费群体的购买热情。</p><p>特斯拉也在新闻稿中特别提到，中国生产的Model Y在华受到热烈欢迎，上海超级工厂正迅速加大产量以实现满负荷生产。根据特斯拉2020年财报，上海超级工厂Model 3年产能有能力维持在25万辆以上，Model Y生产已于2020年底开始，预计年产能将达到20万辆。</p><p>不过，即便一季度交付量出色，但特斯拉似乎还觉得略有遗憾。</p><p>该公司在新闻稿中暗示，产量和交付原本可以更多：“弗里蒙特(Fremont)工厂失火、零部件短缺导致生产线临时关闭，以及整个行业都在应对的汽车芯片短缺加剧，对公司的生产造成负面影响。”</p><p>特斯拉指出，这个交付数据应当被视为略为保守，最终数量可能相差多达0.5％或更多。</p><img src=\"http://inews.gtimg.com/newsapp_match/0/13378152045/0\"/><p>特斯拉每季度交付数据</p><p><strong>面临缺芯挑战</strong></p><p>尽管一季度交付数据亮眼，但由于全球芯片持续短缺，特斯拉二季度的交付仍面临挑战。</p><p>事实上，在电子元件短缺影响下，特斯拉一季度交付量环比增幅仅为2.2%；总产量环比仅增长0.3%。</p><p>今年2月15日，市场预测公司AutoForecast Solutions上调对芯片供应造成车辆损失的预估。报告认为，随着其他汽车工厂及供应链库存芯片耗尽，这一数字可能增至132万辆，其中北美为33.9万辆。而在之前，他们认为全球可能会减产68万辆，但这一预测并未包括戴姆勒、宝马等豪车品牌。</p><p>而根据牛津经济研究院的报告，福特、菲亚特克莱斯勒、大众、通用和本田等车企，均已宣布在第一季度临时关闭在美国、加拿大和墨西哥的工厂，这将导致该地区第一季度汽车产量减少23万辆，占比5.8%。同时，报告预计芯片短缺将造成欧洲汽车市场轻型车生产量减少20万辆，占比4.1%。</p><p>日前，中国汽车工业协会副秘书长李邵华表示，不仅仅是汽车行业，消费电子、<a href=\"https://laohu8.com/S/JCS\">通信系统</a>、医疗仪器等领域也面临着芯片短缺问题。同时，这种供需失衡，也引起了各类芯片价格大幅上涨。</p><p>他认为，缺芯问题短期来看，无法通过非市场手段来解决，预计在未来半年甚至9个月的时间内，汽车芯片供需错配和不平衡问题还会持续存在，预计到三季度，才有可能进入到新的供需平衡阶段。</p><img src=\"http://inews.gtimg.com/newsapp_match/0/13378152046/0\"/><p>特斯拉上海超级工厂 图片来源：特斯拉2020年财报</p><p>受芯片等零部件涨价影响，3月24日，特斯拉将中国制造的Model Y起售价提高至34.79万元，涨幅8000元，这是国产Model Y在今年1月初推出以来的首次价格调整。</p><p>特斯拉中国回应称，调价主要是受该公司生产制造成本上升的影响。</p><p>同日，特斯拉在美国将Model 3标准续航升级版和长续航全驱动版的价格同时上调500美元，这距离Model3上一次涨价500美元仅过去两个星期，这意味着3月特斯拉在美国已对Model3涨价1000美元。</p><p>对于未来的交付目标，特斯拉曾在2020年财报中表示，在未来几年里，预计交付量将实现50%的年平均增长，但这一数字需建基于该公司的运营效率和供应链水平之上。</p><p>华尔街分析师认为，特斯拉今年的交付量目标将在82.5万至87.5万辆之间。</p><p>今年1月在财报电话会议上，马斯克和特斯拉首席财务官扎卡里·柯克霍恩（ZacharyKirkhorn）拒绝提供今年交付的具体指导，但他们表示将在第二季度提供更多信息。</p><p>当时，马斯克在电话会议上表示，特斯拉今年的交付量增长将明显高于50%，而交付量将更多地集中在今年年末。此外，他对特斯拉将在今年实现L5级别的自动驾驶技术拥有信心，并认为该公司的自动驾驶技术可以证明其估值合理。</p><p>根据特斯拉披露的数据，目前其美国加州弗里蒙特工厂年产能将提升至60万辆，上海超级工厂则提升至45万辆。这意味着，仅弗里蒙特工厂和上海超级工厂，特斯拉的产能已经超过100万辆。</p><p><strong>本文系观察者网独家稿件，未经授权，不得转载。</strong></p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>特斯拉一季度交付量近18.5万辆再创纪录，马斯克特别提到中国</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉一季度交付量近18.5万辆再创纪录，马斯克特别提到中国\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 12:09 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202104061210147e694898&s=b><strong>观察者网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【文/观察者网 吕栋】特斯拉去年未能实现交付目标，原本引发一些分析师的担忧。不过，由于中国市场的强劲增长，该公司今年一季度交付近18.5万辆汽车，同比增长109%，超出市场预期近2万辆，再度刷新其季度交付量纪录。随着至少三家券商上调特斯拉的目标价，该公司CEO埃隆·马斯克也表现的十分激动。当地时间周一，马斯克在个人推特上发文称，“特斯拉团队干的非常出色！特别要提到特斯拉中国！”上周五，特斯拉披露...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202104061210147e694898&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cf056c93b86b4b78405c574b04f01c45","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202104061210147e694898&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2125983037","content_text":"【文/观察者网 吕栋】特斯拉去年未能实现交付目标，原本引发一些分析师的担忧。不过，由于中国市场的强劲增长，该公司今年一季度交付近18.5万辆汽车，同比增长109%，超出市场预期近2万辆，再度刷新其季度交付量纪录。随着至少三家券商上调特斯拉的目标价，该公司CEO埃隆·马斯克也表现的十分激动。当地时间周一，马斯克在个人推特上发文称，“特斯拉团队干的非常出色！特别要提到特斯拉中国！”上周五，特斯拉披露交付数据时，刚好赶上美股因耶稣受难日休市，资本市场暂时无法做出反应。周一开盘，特斯拉高开逾6%，最终收涨4.43%，市值达到6550亿美元（约合人民币4.3万亿元）。推特截图中国市场需求强劲过去的2020年，特斯拉一共交付49.955万辆汽车，略低于交付50万辆的目标。进入2021年，工厂失火、零部件短缺导致生产线临时关闭等因素，让一些分析师对该公司一季度的交付前景产生担忧。然而，特斯拉却意外交出一份亮眼的数据，一季度交付量超出市场预期。路透社在报道指出，这是因为中国市场的强劲需求，帮助特斯拉抵消了全球汽车零部件短缺的影响。上周五，特斯拉披露的数据显示，该公司今年前3月共生产约18万辆汽车，同比增长75.6%；交付近18.5万辆汽车，同比增长109%；这一成绩高于市场预期的16.8万辆，也再度刷新其季度交付量纪录。具体来看，在一季度的交付数据里，Model 3和Model Y仍然是特斯拉的交付主力，二者合计交付量达182780辆，生产量则达到180338辆，占一季度交付量的99%。美国券商Wedbush分析师Dan Ives在当天的一份研究报告中指出，在看多特斯拉的投资者眼中，一季度的交付数据无疑是一个“巨大的本垒打”。他认为，中国和欧洲本季度的销售增长尤其强劲。随后，至少三家券商上调特斯拉的目标价，其中Wedbush Securities最为乐观，将其目标价从950美元上调至1000美元，远高于华尔街投行的中位数目标价712.50美元。财报显示，2020年特斯拉在华收入66.62亿美元，同比增长123.6%，占总营收比例为21%。而2018年和2019年，该公司在华营收分别为17.57亿美元和29.79亿美元，占比分别为8.19%和12.12%。特斯拉官网截图值得注意的是，由于需要生产新款Model S和Model X，特斯拉对其生产线进行升级调整，导致一季度Model S和Model X的产量为0，交付量也只有2020辆，明显低于此前每季度1万多辆的水平。不过，特斯拉在新闻稿中表示，全新的Model S和Model X车型广受好评，新的生产设备也已于第一季度完成安装并通过测试，Model S和X升级版车型目前正处于“加速生产的早期阶段”。今年1月，特斯拉开始交付中国制造的Model Y车型，相比此前48.8万元起售的进口产品，中国制造Model Y长续航版的起售价为33.99万元，下调14.81万元，这对其在华销售形成一定刺激。中国乘联会数据显示，特斯拉2月在华销量为18318辆，Model Y销量提至4630辆，较1月增长近3倍。乘联会报告指出，目前看，特斯拉产品国产化后正逐步改变行业定价规则，尤其是改变SUV的高溢价默认规则。今年特斯拉Model Y与奥迪Q5、奔驰GLC、宝马X3的竞争价格关系应该发生明显逆转，Model Y的价格相对具有一定优势，这样会获得更多豪华车消费群体的购买热情。特斯拉也在新闻稿中特别提到，中国生产的Model Y在华受到热烈欢迎，上海超级工厂正迅速加大产量以实现满负荷生产。根据特斯拉2020年财报，上海超级工厂Model 3年产能有能力维持在25万辆以上，Model Y生产已于2020年底开始，预计年产能将达到20万辆。不过，即便一季度交付量出色，但特斯拉似乎还觉得略有遗憾。该公司在新闻稿中暗示，产量和交付原本可以更多：“弗里蒙特(Fremont)工厂失火、零部件短缺导致生产线临时关闭，以及整个行业都在应对的汽车芯片短缺加剧，对公司的生产造成负面影响。”特斯拉指出，这个交付数据应当被视为略为保守，最终数量可能相差多达0.5％或更多。特斯拉每季度交付数据面临缺芯挑战尽管一季度交付数据亮眼，但由于全球芯片持续短缺，特斯拉二季度的交付仍面临挑战。事实上，在电子元件短缺影响下，特斯拉一季度交付量环比增幅仅为2.2%；总产量环比仅增长0.3%。今年2月15日，市场预测公司AutoForecast Solutions上调对芯片供应造成车辆损失的预估。报告认为，随着其他汽车工厂及供应链库存芯片耗尽，这一数字可能增至132万辆，其中北美为33.9万辆。而在之前，他们认为全球可能会减产68万辆，但这一预测并未包括戴姆勒、宝马等豪车品牌。而根据牛津经济研究院的报告，福特、菲亚特克莱斯勒、大众、通用和本田等车企，均已宣布在第一季度临时关闭在美国、加拿大和墨西哥的工厂，这将导致该地区第一季度汽车产量减少23万辆，占比5.8%。同时，报告预计芯片短缺将造成欧洲汽车市场轻型车生产量减少20万辆，占比4.1%。日前，中国汽车工业协会副秘书长李邵华表示，不仅仅是汽车行业，消费电子、通信系统、医疗仪器等领域也面临着芯片短缺问题。同时，这种供需失衡，也引起了各类芯片价格大幅上涨。他认为，缺芯问题短期来看，无法通过非市场手段来解决，预计在未来半年甚至9个月的时间内，汽车芯片供需错配和不平衡问题还会持续存在，预计到三季度，才有可能进入到新的供需平衡阶段。特斯拉上海超级工厂 图片来源：特斯拉2020年财报受芯片等零部件涨价影响，3月24日，特斯拉将中国制造的Model Y起售价提高至34.79万元，涨幅8000元，这是国产Model Y在今年1月初推出以来的首次价格调整。特斯拉中国回应称，调价主要是受该公司生产制造成本上升的影响。同日，特斯拉在美国将Model 3标准续航升级版和长续航全驱动版的价格同时上调500美元，这距离Model3上一次涨价500美元仅过去两个星期，这意味着3月特斯拉在美国已对Model3涨价1000美元。对于未来的交付目标，特斯拉曾在2020年财报中表示，在未来几年里，预计交付量将实现50%的年平均增长，但这一数字需建基于该公司的运营效率和供应链水平之上。华尔街分析师认为，特斯拉今年的交付量目标将在82.5万至87.5万辆之间。今年1月在财报电话会议上，马斯克和特斯拉首席财务官扎卡里·柯克霍恩（ZacharyKirkhorn）拒绝提供今年交付的具体指导，但他们表示将在第二季度提供更多信息。当时，马斯克在电话会议上表示，特斯拉今年的交付量增长将明显高于50%，而交付量将更多地集中在今年年末。此外，他对特斯拉将在今年实现L5级别的自动驾驶技术拥有信心，并认为该公司的自动驾驶技术可以证明其估值合理。根据特斯拉披露的数据，目前其美国加州弗里蒙特工厂年产能将提升至60万辆，上海超级工厂则提升至45万辆。这意味着，仅弗里蒙特工厂和上海超级工厂，特斯拉的产能已经超过100万辆。本文系观察者网独家稿件，未经授权，不得转载。","news_type":1},"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340639488,"gmtCreate":1617399855344,"gmtModify":1704699372507,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"up 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CALL$","images":[{"img":"https://static.tigerbbs.com/858f3ac38c0222033c13a6fba580a2cc","width":"1176","height":"2091"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/666975779","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":661744270,"gmtCreate":1664270950595,"gmtModify":1676537422849,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$</a>","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$</a>","text":"$Faraday Future(FFIE)$","images":[{"img":"https://static.tigerbbs.com/5348bba00ecf3ab8fdbd183f5748e481","width":"1176","height":"3726"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/661744270","isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":665485470,"gmtCreate":1667444168408,"gmtModify":1676537919597,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"This fully proves that nothing can be done in the United States, you see Tesla to build a factory in China, improve the mature industrial system and supply chain, low cost and high efficiency, welcome to China to invest and build a factory. Hahahaha","listText":"This fully proves that nothing can be done in the United States, you see Tesla to build a factory in China, improve the mature industrial system and supply chain, low cost and high efficiency, welcome to China to invest and build a factory. Hahahaha","text":"This fully proves that nothing can be done in the United States, you see Tesla to build a factory in China, improve the mature industrial system and supply chain, low cost and high efficiency, welcome to China to invest and build a factory. Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/665485470","repostId":"2280856025","repostType":2,"repost":{"id":"2280856025","pubTimestamp":1667435169,"share":"https://ttm.financial/m/news/2280856025?lang=&edition=fundamental","pubTime":"2022-11-03 08:26","market":"us","language":"en","title":"Chinese Tycoon Spent 8 Years, $3 Billion on EV That Went Unbuilt","url":"https://stock-news.laohu8.com/highlight/detail?id=2280856025","media":"Bloomberg","summary":"The image arrived in Susan Swenson’s inbox on a Wednesday evening. Her corporate headshot had been c","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/c265999899503b6b733033373bdcc49f\" tg-width=\"880\" tg-height=\"480\" referrerpolicy=\"no-referrer\"/></p><p>The image arrived in Susan Swenson’s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In the hours that followed, some of her colleagues received similar threats, including messages that referenced the recent assassination of former Japanese prime minister Shinzo Abe.</p><p>The menacing emails marked the apex of a months-long fight for control over <a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a> Intelligent Electric Inc., a Los Angeles, California-based publicly traded electric vehicle startup that once billed itself as the next Tesla. In September, after the death threats, persistent pressure from Faraday’s largest shareholders, and a surprising cameo from property giant China Evergrande Group, Swenson, the executive chair, and three others agreed to leave Faraday’s board of directors in a sweeping restructuring.</p><p>While it’s not known who sent the death threats -- the company has referred them to the FBI -- some leaders inside Faraday believe they were inspired by the boardroom fight recently waged by its largest shareholders, including a group that is partially managed by the startup’s founder, exiled Chinese tycoon Jia Yueting. (The group, FF Global Partners, denies any involvement in the threats.) Bloomberg News spoke to three people familiar with the situation who were granted anonymity to discuss sensitive matters, and reviewed dozens of public regulatory and court filings for this story. Faraday Future did not respond to a list of questions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fca6c01973b2559cb3a77c808a5641cd\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/><span>Jia YuetingPhotographer: David Paul Morris/Bloomberg</span></p><p>Seven months ago, Faraday’s board sidelined Jia, who goes by YT, following an internal probe that examined his influence over day-to-day operations, as well as a series of loans employees made to the startup over the years. Now, he stands to benefit greatly from the impending board shakeup, which will be completed when Faraday holds its delayed annual meeting. He has been named an adviser to the board, and FF Global will have input on all six new members. As Faraday put it in a recent SEC filing, “YT Jia and FF Global have strengthened their already significant influence over the Company.”</p><p>But as YT reclaims power, it is over a company that’s under investigation by the US Securities and Exchange Commission in relation to the findings of the internal probe -- information the Department of Justice has inquired about, too, according to Faraday. The startup also needs money, fast. After burning through more than $3 billion since it launched eight years ago, Faraday reported just $27 million in cash on Oct. 25th, and says it needs millions more if it hopes to finally ship its elusive SUV.</p><h2>Debt Binge</h2><p>YT ascended in China during the early 2010s, when a tsunami of cash flowed to founders with big visions. He started the “Netflix of China” and parlayed its success into a conglomerate called LeEco, which made everything from smartphones to Android-powered e-bikes. Its expansion was fueled by billions of dollars in debt, and YT personally guaranteed many of the loans. At one point, he pledged 97 percent of his shares in LeEco’s listed arm in exchange for nearly $2 billion, according to the New York Times.</p><p>Read more: Outspoken Billionaire Works to Salvage His Tech Empire in China</p><p>Meanwhile, Elon Musk was turning the auto industry on its head. Investors started placing big bets on finding the next Tesla Inc., and dozens of EV startups took root in China and the US. It was in this competitive environment that YT founded Faraday in California in 2014, betting he could beat Musk at his own game.</p><p>Eventually, LeEco crumbled under the weight of YT’s ambition. In 2017 it laid off hundreds of employees, abandoned a $2 billion acquisition of TV-maker Vizio, Inc., and halted a US expansion. Chinese creditors started pursuing LeEco, and YT. The tycoon landed on a government debtor blacklist and had some assets frozen. So he moved to the US and hunkered down with Faraday.</p><p>YT’s connection to Faraday was initially hard to discern. The company had no publicly named CEO, and early executives declined to say where the money came from. According to court filings, it was coming through YT -- some $900 million or so over its first few years. He spent much of it hoovering up talent from the likes of Tesla and General Motors Co. -- including a large swath of the team that created the EV1, the Detroit automaker’s first attempt at a mass-market EV.</p><h2>Custody Battles</h2><p>Faraday struggled to meet YT’s ambitions. He wanted an ultra-luxe EV packed with fancy technology. But by late 2017, months after revealing its first prototype, the company was running out of cash.</p><p>YT brought in a pair of former BMW executives, but when they proposed filing for Chapter 11 protection, the tycoon bucked. A restructuring would have jeopardized his control of the company, according to a person familiar with the matter, so he resisted. The executives resigned, and Faraday accused them of “dereliction of duty.”</p><p>At the end of 2017 YT found an unlikely savior in China Evergrande Group, which pledged to inject up to $2 billion into Faraday in exchange for a 45% stake. YT also officially took over as CEO. Faraday spent the first $800 million ahead of schedule. Evergrande agreed to advance another $700 million in mid-2018, according to filings from a Hong Kong arbitration case between the two companies, but on the condition that YT step aside and sacrifice his ownership.</p><p>YT obliged -- at least on paper. He transferred his stake to the daughter of a Faraday vice president, which the Chinese property giant argued was not far enough. The new money never came, and in late 2018 YT and Faraday sued Evergrande in US court, claiming the property giant was “deliberately starving” the EV startup. Evergrande accused YT of “acting as a shadow director controlling or directing the decisions of directors closely associated with him.” The property giant did not respond to a request for comment.</p><p>Faraday had to furlough and lay off hundreds of employees, and suppliers hounded the startup with lawsuits. Nick Sampson, a former Tesla executive and Faraday co-founder, walked away. “The company is effectively insolvent,” he said in his resignation letter.</p><p>On the final day of 2018, Faraday and Evergrande struck a truce. Evergrande agreed to reduce its stake to roughly 33%, and allowed Faraday to seek other investors. The property giant gave Faraday a $10 million bridge loan, and YT’s startup survived with him at the helm.</p><p>Creative Fundraising</p><p>These bitter disputes -- each centered around YT’s control of the company -- made it hard for Faraday to raise money. In 2019, the company made some moves that appeared to dilute the founder’s power: it set up a management group called FF Global Partners, that received a chunk of YT’s ownership. (It now owns around 30% of Faraday.) YT was also replaced as CEO by a different former BMW executive, Carsten Breitfeld.</p><p>By October, YT filed for personal bankruptcy in the US to settle billions of LeEco debt he’d guaranteed. Creditors exchanged their claims for slices of a trust that owned Faraday Future shares, allowing some repayment if the startup was acquired or went public -- giving many of YT’s foes a tangible interest in his company’s success.</p><p>What kept Faraday afloat during all of this was a series of more than a dozen loans made to the company by employees or parties related to YT, according to SEC filings.</p><p>In April 2019, the company received a $9 million loan from an employee in Faraday’s Global Capital Markets department, funded by Ocean View Drive, Inc., a California corporation YT established in 2014 in order to buy three mansions on the Pacific coastline. (YT no longer controls it, according to Faraday’s SEC filings, though the current owner is the spouse of his nephew, Ruokun Jia, who also worked at Faraday.) In July, another employee from the same department loaned Faraday $16.5 million. That loan was funded by FF Global Partners LLC, whose members borrowed the money from a Delaware LLC called “Dream Sunrise,” which in turn borrowed its funding from an LLC owned by Ruokun Jia’s spouse.</p><p>Asked about these loans, a spokesperson for FF Global said Faraday was “unable to obtain significant third-party financing” at the time, and so it instead had to rely on “numerous smaller-scale financings that YT Jia helped facilitate,” which the group said is a “typical financing approach for founder-led startups.”</p><p>“Over the past several years, YT Jia and FF Global Partners have rescued FFIE many times,” the spokesperson said.</p><p>Even after this series of multi-layered transactions, Faraday still needed a $9.2 million loan from the Paycheck Protection Program to ride out the pandemic downturn. With just $1.8 million in the bank at the end of the year, Faraday tapped into the sudden boom of special purpose acquisition company mergers, which helped turn peers like Nikola Corp, <a href=\"https://laohu8.com/S/GOEV\">Canoo Inc.</a>, and Fisker Inc. into public companies. The startup partnered with a SPAC run by two brothers from the New York City real estate industry, Jordan and Scott Vogel. Not only did they see promise in Faraday’s EV tech, according to two of the people familiar with the matter, but they were told -- and believed -- YT was no longer in control.</p><p>That deal came together in early 2021. By July, Faraday netted $1 billion and started trading on the Nasdaq, with institutional backing from Citadel Advisors, China’s largest private automaker Geely, and data company <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> Breitfeld promised to start building the SUV within 12 months.</p><h2>Board Fight</h2><p>The Vogels joined Faraday’s board following the merger, as did Swenson. Within three months the board opened a probe into YT, run by a special committee spearheaded by Swenson. The committee hired Kirkland &amp; Ellis and forensic accounting firm Alvarez and Marsal to examine his interpersonal and financial influence on the company.</p><p>The committee concluded that senior managers had misled investors about how much day-to-day control YT maintained over Faraday, according to an April filing with the SEC. They also found senior managers did not properly disclose “certain relationships, arrangements, and transactions” involving YT. YT was officially sidelined and stripped of his executive status. Ruokun Jia was “terminated for conduct during the Special Committee’s investigation.” (Jia did not respond to a message seeking comment.)</p><p>Faraday has said that FF Global began pushing back on the disciplinary actions as far back as February. By June, FF Global started issuing public filings agitating to replace one of Faraday’s directors, Brian Krolicki. The public spillover disrupted a funding round with Citi, according to the people familiar, and in July, Faraday once again delayed the launch of its EV, saying it needed more money to start production.</p><p>Meanwhile, the company started getting peppered with emails from “self-described ‘employee whistleblowers’” that painted these members of the board as villains. A group of employees who work closely with YT circulated a letter, seen by Bloomberg, that claimed Swenson had “conducted a series of unfair and improper investigations and remediation to the company and its core executives.” Swenson, Krolicki, and the Vogels declined to comment for this story.</p><p>FF Global agrees, saying to Bloomberg News that the group “does not believe that the Special Committee investigation was performed fairly,” and that the probe “unfairly targeted for punishment people associated with FFGP.”</p><p>This fight culminated with FF Global suing Faraday in Delaware Chancery Court on Sept. 19, accusing the board of breaching its fiduciary duty. FF Global pushed for Swenson’s removal, and cited a key bit of leverage: that Evergrande, which still holds about 20.5% of Faraday following the 2021 merger, supported FF Global’s efforts to remake the board.</p><p>That’s when the death threats surfaced. Krolicki received a similar image to the one that arrived in Swenson’s inbox, and other directors including the Vogels were flooded with hateful messages in the days that followed.</p><h2>Who’s the Boss</h2><p>On Sept. 26, Faraday announced a truce. FF Global agreed to drop the lawsuit and arrange for roughly $100 million in near-term financing. In exchange, Swenson, Krolicki, and the Vogels agreed to leave the board at the next shareholder meeting. A week later, Swenson and the Vogels resigned early citing “threats and their fear that their continued association with the company might heighten the risk to themselves and their respective families,” according to Faraday. Krolicki resigned earlier this week.</p><p>Whenever that next shareholder meeting happens -- Faraday has yet to set a date -- the startup has agreed to completely overhaul the board from 10 members to just seven. FF Global will choose three. Three more will be chosen by a panel made up of Breitfeld, FF Global’s replacement for Swenson, and a current manager of FF Global. Breitfeld is also the seventh board member.</p><p>Breitfeld’s name didn’t come up much in FF Global’s battle for the board, and the people familiar with the fight say his alliances can be hard to parse. He was a manager of FF Global until this past May. He lived in one of the California mansions that used to be owned by YT. He has also been a force in pitch meetings, the people say, which is maybe why his contract -- set to expire in September -- was recently extended to March 2023. Breitfeld did not respond to a request for comment.</p><p>However instrumental Breitfeld has been to Faraday’s survival, or its failures, he has spent the last few years with YT looking over his shoulder -- literally, at times. In some meetings, one of the people recalled, as Breitfeld took his place at the head of a conference table, YT would pull a chair up next to him. The implication was clear, this person said. In good times, and especially in bad ones, this is always going to be YT’s company.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Tycoon Spent 8 Years, $3 Billion on EV That Went Unbuilt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Tycoon Spent 8 Years, $3 Billion on EV That Went Unbuilt\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 08:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chinese-tycoon-spent-8-years-130007709.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The image arrived in Susan Swenson’s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinese-tycoon-spent-8-years-130007709.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FFIE":"Faraday Future"},"source_url":"https://finance.yahoo.com/news/chinese-tycoon-spent-8-years-130007709.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2280856025","content_text":"The image arrived in Susan Swenson’s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In the hours that followed, some of her colleagues received similar threats, including messages that referenced the recent assassination of former Japanese prime minister Shinzo Abe.The menacing emails marked the apex of a months-long fight for control over Faraday Future Intelligent Electric Inc., a Los Angeles, California-based publicly traded electric vehicle startup that once billed itself as the next Tesla. In September, after the death threats, persistent pressure from Faraday’s largest shareholders, and a surprising cameo from property giant China Evergrande Group, Swenson, the executive chair, and three others agreed to leave Faraday’s board of directors in a sweeping restructuring.While it’s not known who sent the death threats -- the company has referred them to the FBI -- some leaders inside Faraday believe they were inspired by the boardroom fight recently waged by its largest shareholders, including a group that is partially managed by the startup’s founder, exiled Chinese tycoon Jia Yueting. (The group, FF Global Partners, denies any involvement in the threats.) Bloomberg News spoke to three people familiar with the situation who were granted anonymity to discuss sensitive matters, and reviewed dozens of public regulatory and court filings for this story. Faraday Future did not respond to a list of questions.Jia YuetingPhotographer: David Paul Morris/BloombergSeven months ago, Faraday’s board sidelined Jia, who goes by YT, following an internal probe that examined his influence over day-to-day operations, as well as a series of loans employees made to the startup over the years. Now, he stands to benefit greatly from the impending board shakeup, which will be completed when Faraday holds its delayed annual meeting. He has been named an adviser to the board, and FF Global will have input on all six new members. As Faraday put it in a recent SEC filing, “YT Jia and FF Global have strengthened their already significant influence over the Company.”But as YT reclaims power, it is over a company that’s under investigation by the US Securities and Exchange Commission in relation to the findings of the internal probe -- information the Department of Justice has inquired about, too, according to Faraday. The startup also needs money, fast. After burning through more than $3 billion since it launched eight years ago, Faraday reported just $27 million in cash on Oct. 25th, and says it needs millions more if it hopes to finally ship its elusive SUV.Debt BingeYT ascended in China during the early 2010s, when a tsunami of cash flowed to founders with big visions. He started the “Netflix of China” and parlayed its success into a conglomerate called LeEco, which made everything from smartphones to Android-powered e-bikes. Its expansion was fueled by billions of dollars in debt, and YT personally guaranteed many of the loans. At one point, he pledged 97 percent of his shares in LeEco’s listed arm in exchange for nearly $2 billion, according to the New York Times.Read more: Outspoken Billionaire Works to Salvage His Tech Empire in ChinaMeanwhile, Elon Musk was turning the auto industry on its head. Investors started placing big bets on finding the next Tesla Inc., and dozens of EV startups took root in China and the US. It was in this competitive environment that YT founded Faraday in California in 2014, betting he could beat Musk at his own game.Eventually, LeEco crumbled under the weight of YT’s ambition. In 2017 it laid off hundreds of employees, abandoned a $2 billion acquisition of TV-maker Vizio, Inc., and halted a US expansion. Chinese creditors started pursuing LeEco, and YT. The tycoon landed on a government debtor blacklist and had some assets frozen. So he moved to the US and hunkered down with Faraday.YT’s connection to Faraday was initially hard to discern. The company had no publicly named CEO, and early executives declined to say where the money came from. According to court filings, it was coming through YT -- some $900 million or so over its first few years. He spent much of it hoovering up talent from the likes of Tesla and General Motors Co. -- including a large swath of the team that created the EV1, the Detroit automaker’s first attempt at a mass-market EV.Custody BattlesFaraday struggled to meet YT’s ambitions. He wanted an ultra-luxe EV packed with fancy technology. But by late 2017, months after revealing its first prototype, the company was running out of cash.YT brought in a pair of former BMW executives, but when they proposed filing for Chapter 11 protection, the tycoon bucked. A restructuring would have jeopardized his control of the company, according to a person familiar with the matter, so he resisted. The executives resigned, and Faraday accused them of “dereliction of duty.”At the end of 2017 YT found an unlikely savior in China Evergrande Group, which pledged to inject up to $2 billion into Faraday in exchange for a 45% stake. YT also officially took over as CEO. Faraday spent the first $800 million ahead of schedule. Evergrande agreed to advance another $700 million in mid-2018, according to filings from a Hong Kong arbitration case between the two companies, but on the condition that YT step aside and sacrifice his ownership.YT obliged -- at least on paper. He transferred his stake to the daughter of a Faraday vice president, which the Chinese property giant argued was not far enough. The new money never came, and in late 2018 YT and Faraday sued Evergrande in US court, claiming the property giant was “deliberately starving” the EV startup. Evergrande accused YT of “acting as a shadow director controlling or directing the decisions of directors closely associated with him.” The property giant did not respond to a request for comment.Faraday had to furlough and lay off hundreds of employees, and suppliers hounded the startup with lawsuits. Nick Sampson, a former Tesla executive and Faraday co-founder, walked away. “The company is effectively insolvent,” he said in his resignation letter.On the final day of 2018, Faraday and Evergrande struck a truce. Evergrande agreed to reduce its stake to roughly 33%, and allowed Faraday to seek other investors. The property giant gave Faraday a $10 million bridge loan, and YT’s startup survived with him at the helm.Creative FundraisingThese bitter disputes -- each centered around YT’s control of the company -- made it hard for Faraday to raise money. In 2019, the company made some moves that appeared to dilute the founder’s power: it set up a management group called FF Global Partners, that received a chunk of YT’s ownership. (It now owns around 30% of Faraday.) YT was also replaced as CEO by a different former BMW executive, Carsten Breitfeld.By October, YT filed for personal bankruptcy in the US to settle billions of LeEco debt he’d guaranteed. Creditors exchanged their claims for slices of a trust that owned Faraday Future shares, allowing some repayment if the startup was acquired or went public -- giving many of YT’s foes a tangible interest in his company’s success.What kept Faraday afloat during all of this was a series of more than a dozen loans made to the company by employees or parties related to YT, according to SEC filings.In April 2019, the company received a $9 million loan from an employee in Faraday’s Global Capital Markets department, funded by Ocean View Drive, Inc., a California corporation YT established in 2014 in order to buy three mansions on the Pacific coastline. (YT no longer controls it, according to Faraday’s SEC filings, though the current owner is the spouse of his nephew, Ruokun Jia, who also worked at Faraday.) In July, another employee from the same department loaned Faraday $16.5 million. That loan was funded by FF Global Partners LLC, whose members borrowed the money from a Delaware LLC called “Dream Sunrise,” which in turn borrowed its funding from an LLC owned by Ruokun Jia’s spouse.Asked about these loans, a spokesperson for FF Global said Faraday was “unable to obtain significant third-party financing” at the time, and so it instead had to rely on “numerous smaller-scale financings that YT Jia helped facilitate,” which the group said is a “typical financing approach for founder-led startups.”“Over the past several years, YT Jia and FF Global Partners have rescued FFIE many times,” the spokesperson said.Even after this series of multi-layered transactions, Faraday still needed a $9.2 million loan from the Paycheck Protection Program to ride out the pandemic downturn. With just $1.8 million in the bank at the end of the year, Faraday tapped into the sudden boom of special purpose acquisition company mergers, which helped turn peers like Nikola Corp, Canoo Inc., and Fisker Inc. into public companies. The startup partnered with a SPAC run by two brothers from the New York City real estate industry, Jordan and Scott Vogel. Not only did they see promise in Faraday’s EV tech, according to two of the people familiar with the matter, but they were told -- and believed -- YT was no longer in control.That deal came together in early 2021. By July, Faraday netted $1 billion and started trading on the Nasdaq, with institutional backing from Citadel Advisors, China’s largest private automaker Geely, and data company Palantir Technologies Inc. Breitfeld promised to start building the SUV within 12 months.Board FightThe Vogels joined Faraday’s board following the merger, as did Swenson. Within three months the board opened a probe into YT, run by a special committee spearheaded by Swenson. The committee hired Kirkland & Ellis and forensic accounting firm Alvarez and Marsal to examine his interpersonal and financial influence on the company.The committee concluded that senior managers had misled investors about how much day-to-day control YT maintained over Faraday, according to an April filing with the SEC. They also found senior managers did not properly disclose “certain relationships, arrangements, and transactions” involving YT. YT was officially sidelined and stripped of his executive status. Ruokun Jia was “terminated for conduct during the Special Committee’s investigation.” (Jia did not respond to a message seeking comment.)Faraday has said that FF Global began pushing back on the disciplinary actions as far back as February. By June, FF Global started issuing public filings agitating to replace one of Faraday’s directors, Brian Krolicki. The public spillover disrupted a funding round with Citi, according to the people familiar, and in July, Faraday once again delayed the launch of its EV, saying it needed more money to start production.Meanwhile, the company started getting peppered with emails from “self-described ‘employee whistleblowers’” that painted these members of the board as villains. A group of employees who work closely with YT circulated a letter, seen by Bloomberg, that claimed Swenson had “conducted a series of unfair and improper investigations and remediation to the company and its core executives.” Swenson, Krolicki, and the Vogels declined to comment for this story.FF Global agrees, saying to Bloomberg News that the group “does not believe that the Special Committee investigation was performed fairly,” and that the probe “unfairly targeted for punishment people associated with FFGP.”This fight culminated with FF Global suing Faraday in Delaware Chancery Court on Sept. 19, accusing the board of breaching its fiduciary duty. FF Global pushed for Swenson’s removal, and cited a key bit of leverage: that Evergrande, which still holds about 20.5% of Faraday following the 2021 merger, supported FF Global’s efforts to remake the board.That’s when the death threats surfaced. Krolicki received a similar image to the one that arrived in Swenson’s inbox, and other directors including the Vogels were flooded with hateful messages in the days that followed.Who’s the BossOn Sept. 26, Faraday announced a truce. FF Global agreed to drop the lawsuit and arrange for roughly $100 million in near-term financing. In exchange, Swenson, Krolicki, and the Vogels agreed to leave the board at the next shareholder meeting. A week later, Swenson and the Vogels resigned early citing “threats and their fear that their continued association with the company might heighten the risk to themselves and their respective families,” according to Faraday. Krolicki resigned earlier this week.Whenever that next shareholder meeting happens -- Faraday has yet to set a date -- the startup has agreed to completely overhaul the board from 10 members to just seven. FF Global will choose three. Three more will be chosen by a panel made up of Breitfeld, FF Global’s replacement for Swenson, and a current manager of FF Global. Breitfeld is also the seventh board member.Breitfeld’s name didn’t come up much in FF Global’s battle for the board, and the people familiar with the fight say his alliances can be hard to parse. He was a manager of FF Global until this past May. He lived in one of the California mansions that used to be owned by YT. He has also been a force in pitch meetings, the people say, which is maybe why his contract -- set to expire in September -- was recently extended to March 2023. Breitfeld did not respond to a request for comment.However instrumental Breitfeld has been to Faraday’s survival, or its failures, he has spent the last few years with YT looking over his shoulder -- literally, at times. In some meetings, one of the people recalled, as Breitfeld took his place at the head of a conference table, YT would pull a chair up next to him. The implication was clear, this person said. In good times, and especially in bad ones, this is always going to be YT’s company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":627072023,"gmtCreate":1677816273763,"gmtModify":1677816273763,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ &nbsp;</a>","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$ &nbsp;</a>","text":"$Faraday Future(FFIE)$","images":[{"img":"https://static.tigerbbs.com/acf13eb3ece27940bb17a828d2776188","width":"1176","height":"1408"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/627072023","isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":662048417,"gmtCreate":1666088748343,"gmtModify":1676537704204,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/FFIE 20250117 0.5 CALL\">$FFIE 20250117 0.5 CALL$</a>","listText":"<a href=\"https://laohu8.com/OPT/FFIE 20250117 0.5 CALL\">$FFIE 20250117 0.5 CALL$</a>","text":"$FFIE 20250117 0.5 CALL$","images":[{"img":"https://static.tigerbbs.com/51e356d96413d761dfb3d6a861198ade","width":"1176","height":"2091"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/662048417","isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3555770410457530","authorId":"3555770410457530","name":"叶杨小小","avatar":"https://static.tigerbbs.com/08bc9623bd73057f6c545ae4514eab4e","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3555770410457530","idStr":"3555770410457530"},"content":"How many options did you buy","text":"How many options did you buy","html":"How many options did you buy"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":666234864,"gmtCreate":1665662835959,"gmtModify":1676537644764,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/EH\">$亿航智能(EH)$</a>","listText":"<a href=\"https://laohu8.com/S/EH\">$亿航智能(EH)$</a>","text":"$亿航智能(EH)$","images":[{"img":"https://static.tigerbbs.com/1357a84d14142dfea675e6e8dc00fd11","width":"1176","height":"2574"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/666234864","isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":356065815,"gmtCreate":1616744028237,"gmtModify":1704798168303,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"meme winwin","listText":"meme winwin","text":"meme winwin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/356065815","repostId":"1193639825","repostType":2,"repost":{"id":"1193639825","pubTimestamp":1616741747,"share":"https://ttm.financial/m/news/1193639825?lang=&edition=fundamental","pubTime":"2021-03-26 14:55","market":"us","language":"en","title":"GameStop, AMC and other meme stocks are meming again","url":"https://stock-news.laohu8.com/highlight/detail?id=1193639825","media":"CNN Business","summary":"New York (CNN Business) - Meme stocks were back in business Thursday, as investors bought up shares ","content":"<p><b>New York (CNN Business)&nbsp;-</b>&nbsp;Meme stocks were back in business Thursday, as investors bought up shares of GameStop, boosting other Reddit-favorite stocks along with it.</p>\n<p>GameStop&nbsp;(GME)&nbsp;soared nearly 53% Thursday, lifted by&nbsp;investors' hopes&nbsp;that a board overhaul could transform the video game store into a digital-first&nbsp;Amazon(AMZN)&nbsp;competitor. The company announced Tuesday that former Amazon fulfillment chief Jenna Owens would take over as GameStop's chief operating officer.</p>\n<p>The company also said that it would replace its chief financial officer and shrink its board to nine directors from the current 13. Eight of GameStop's current directors will not seek reelection at the company's annual meeting later this year.</p>\n<p>The company's stock has taken a pounding over the past few weeks -- particularly on Wednesday, when GameStop tumbled 33% following its&nbsp;miserable earnings report. Although it highlighted a few bright spots, including exploding digital growth, overall sales and profit fell short of&nbsp;Wall Street expectations.</p>\n<p>But the Reddit army on subreddit WallStreetBets is a mighty one, and they were hopeful that GameStop had been oversold. The company's stock had plummeted 54% over the past two weeks, and they believe GameStop was getting cheap.</p>\n<p>As shares of GameStop got a boost, so too did other chronically shorted meme stocks that redditors have sent on a wild ride this year. For example,AMC's&nbsp;(AMC)&nbsp;stock was up 21% and&nbsp;Koss&nbsp;(KOSS)&nbsp;rose 57%.Macy's&nbsp;(M)&nbsp;rose about 8%.</p>\n<p>AMC had been beaten to a pulp earlier this week after Disney announced it would delay \"Black Widow\" yet again and then premiere the Marvel superhero film&nbsp;simultaneously&nbsp;on Disney+ and in theaters. The movie theater company's stock had been down 35% this week.</p>\n<p>Meme stocks soared as the broader market was having trouble figuring out what to do. TheS&amp;P 500(SPX)was 0.5% higher, and the&nbsp;Dow&nbsp;(INDU)&nbsp;was up 199 points, or 0.6%. But tech lagged behind, with the&nbsp;Nasdaq&nbsp;(COMP)&nbsp;rising just 0.1% a day after it tumbled 2% on renewed fears about rising bond yields.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop, AMC and other meme stocks are meming again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop, AMC and other meme stocks are meming again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/03/25/investing/gamestop-amc-meme-stocks/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Meme stocks were back in business Thursday, as investors bought up shares of GameStop, boosting other Reddit-favorite stocks along with it.\nGameStop (GME) soared nearly 53% ...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/25/investing/gamestop-amc-meme-stocks/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","KOSS":"高斯电子","M":"梅西百货","AMC":"AMC院线"},"source_url":"https://edition.cnn.com/2021/03/25/investing/gamestop-amc-meme-stocks/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193639825","content_text":"New York (CNN Business) - Meme stocks were back in business Thursday, as investors bought up shares of GameStop, boosting other Reddit-favorite stocks along with it.\nGameStop (GME) soared nearly 53% Thursday, lifted by investors' hopes that a board overhaul could transform the video game store into a digital-first Amazon(AMZN) competitor. The company announced Tuesday that former Amazon fulfillment chief Jenna Owens would take over as GameStop's chief operating officer.\nThe company also said that it would replace its chief financial officer and shrink its board to nine directors from the current 13. Eight of GameStop's current directors will not seek reelection at the company's annual meeting later this year.\nThe company's stock has taken a pounding over the past few weeks -- particularly on Wednesday, when GameStop tumbled 33% following its miserable earnings report. Although it highlighted a few bright spots, including exploding digital growth, overall sales and profit fell short of Wall Street expectations.\nBut the Reddit army on subreddit WallStreetBets is a mighty one, and they were hopeful that GameStop had been oversold. The company's stock had plummeted 54% over the past two weeks, and they believe GameStop was getting cheap.\nAs shares of GameStop got a boost, so too did other chronically shorted meme stocks that redditors have sent on a wild ride this year. For example,AMC's (AMC) stock was up 21% and Koss (KOSS) rose 57%.Macy's (M) rose about 8%.\nAMC had been beaten to a pulp earlier this week after Disney announced it would delay \"Black Widow\" yet again and then premiere the Marvel superhero film simultaneously on Disney+ and in theaters. The movie theater company's stock had been down 35% this week.\nMeme stocks soared as the broader market was having trouble figuring out what to do. TheS&P 500(SPX)was 0.5% higher, and the Dow (INDU) was up 199 points, or 0.6%. But tech lagged behind, with the Nasdaq (COMP) rising just 0.1% a day after it tumbled 2% on renewed fears about rising bond yields.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":668371659,"gmtCreate":1664444936173,"gmtModify":1676537456869,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/FFIE 20240119 1.5 CALL\">$FFIE 20240119 1.5 CALL$</a>","listText":"<a href=\"https://laohu8.com/OPT/FFIE 20240119 1.5 CALL\">$FFIE 20240119 1.5 CALL$</a>","text":"$FFIE 20240119 1.5 CALL$","images":[{"img":"https://static.tigerbbs.com/e97cc9b5f5fe77107ed1c56f27226c58","width":"1176","height":"2091"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/668371659","isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":661167142,"gmtCreate":1663771248487,"gmtModify":1676537333337,"author":{"id":"3577139034878958","authorId":"3577139034878958","name":"FFIE拿十年","avatar":"https://static.tigerbbs.com/ec3543b4f6ce8da7a47634e4e6223c58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577139034878958","idStr":"3577139034878958"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/OPT/FFIE 20230120 3.0 CALL\">$FFIE 20230120 3.0 CALL$</a>","listText":"<a href=\"https://laohu8.com/OPT/FFIE 20230120 3.0 CALL\">$FFIE 20230120 3.0 CALL$</a>","text":"$FFIE 20230120 3.0 CALL$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/661167142","isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574941906639806","authorId":"3574941906639806","name":"虎虎囡囡","avatar":"https://static.tigerbbs.com/178ce7a8c749b3936ee373358f246d4f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3574941906639806","idStr":"3574941906639806"},"content":"Are you going to take it for another 10 years?","text":"Are you going to take it for another 10 years?","html":"Are you going to take it for another 10 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