Lordstown Motors: The Ride May Be Over For This EV Startuptagphoto/iStock via Getty ImagesThesisMany articles one reads nowadays in the financial news media seem to be taking massive sales of electric vehicles (EVs) as a given. Such fawning EV coverage is not due to mere hype, either;EV sales have been increasing exponentially for over a decade, per the International Energy Agency, and show no signs of slowing down. In fact, EV demand in the United States (US) looks particularly robust, and appears to be spiking. Battery electric vehicle (BEV) registrations were 3.1% of the US car market in 2021, butdoubled tonearly 6% in 2022. What’s more,survey results by Deloitteshow that 8% of Americans want their next car to be a BEV, higher than the current percentage of US BEV owners. For now, then,
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Remember how TB100 kept saying how CORZ should buy $Marathon Digital Holdings Inc(MARA)$ ? They can’t even pay their own bills. Maybe $Marathon Digital Holdings Inc(MARA)$ can buy their rigs for 30 cents on the dollar…It’s also interesting how they came out of nowhere and suddenly they were mining 40+ BTC constantly per day. Something always felt fishy with them. Sort of like SOS and that other company who had contracts to buy rigs that were heaps and bounds better than anything else on the market. Their name escapes me right now.It will be interesting to see if they pull through or not.
$Unity Software Inc.(U)$ So does company get $1b of new cash tomorrow also now that the merger is completed?In addition to delivering benefits for creators, this transaction also provides significant benefits to shareholders. The combined company is expected to generate a run rate of $1 billion in Adjusted EBITDA by the end of 2024.In connection with the merger, Unity’s Board of Directors have also authorized a 24-month share buyback program of up to $2.5 billion, effective upon closing of the merger, which is expected to reduce dilution caused by the transaction.Silver Lake and Sequoia have fully committed to purchase an aggregate of $1 billion in convertible notes from Unity at closing, demonstrating their belief in the value creation p
Talk about a problem with IQ. I've been a paid member before, but recently there were no good dramas, and I didn't renew my membership when it expired. In order to watch the Premier League, it bought a sports channel membership, and as a result, the right time important games have to pay extra again, making people very uncomfortable. The video site to play open-source savings is not wrong, the premise is that the user experience can not be lost, if Shake Sound and other platforms to buy the rights to the five major European leagues, immediately transferred to the field.$iQiyi Inc.(IQ)$
SoFi: Down 70% - In The Speculative Buy Zone
$SoFi Technologies Inc.(SOFI)$ Summary SOFI was recently hit with a double whammy of inflation risk and extension of the student moratorium. As a result, SOFI's valuation had fallen by 70% since its 52-week highs of $24.95. However, we believe the selloff is overblown given its stellar performance and robust business model. Here's why. Investment Thesis SoFi Technologies' (NASDAQ:SOFI) growth and valuation were recently hit by the inflation risk and the extension of the student moratorium at the same time. It had caused the company to reduce its FY2022 revenue guidance. However, in our opinion, the resultingsell-off is overblown, since the current climate will not persist indefinitely. In addition, SOFI had done well for itself with a 72.8% YoY reven
SoFi: Down 70% - In The Speculative Buy Zone
11/15 Update: According to 13F filings submitted today to the SEC, more of EHANG’s major US institutional investors continued adding shares in Q3. Morgan Stanley increased their EH shares by 22%, Citadel by 68% and State Street by 70%.
$Amazon.com(AMZN)$ I believe we have the makings of a good 10-15% bounce under "normal" circumstances. While I hope you are correct, it helps a lot of people if you are, the big difference between normal times and now is people are smarting over their big losses. I'm not sure people who have bought and took a ride on the previous bounce only to lose it the next day/week/month are going to be a little less likely to repeat the same mistake.Hope you are correct though. Just not feeling it right now.
I agree The Market is assuming “no further rate hikes.”IMHO- As unpopular I may be The Market is wrong. My thinking…Fed Chairman, while testifying b4 Congress last week, indicated banks would no longer have to liquidate at a loss Government Bond positions in emergency break glass situations; while )today) post two bank failures, the context is different, again in my personal opinion at the risk of damaging my popularity 😂—>the Feds stepping in at record breaking time to backstop 2 banks and effectively preventing crisis spread, enables the Fed’s continuation of rate raising to stem appearance of inflation while not breaking banks. All this with a recent backdrop CPI reading of 6%. The Feds credibility is at stake.GLTA,$Upstart Holdings, Inc.(UPST)$
$Advanced Micro Devices(AMD)$ Semi sector got hit hard! Amd ($64.59) down 61% from ATH (164.46)!How low can it go? Technically speaking, it may go below 50?The PEG ratio of 1.38 (PE 40, annual growth 29%) indicated it is not cheap at this level unless earning and/or revenue growth can be improved!Luckily on the fundamental side, its superior technologies and growing market share may help a lot once this down turn ends!Investors should watch the economy closely. Many semi companies even have low PE of less than 10, of course their growth potential probably not as much as Amd.For sure, this bear market will end eventually and healthy stocks will survive come out even stronger!Good luck all!
To be very specific on gross profit margin: management noted that their cost of polysilicon was up about 10% to 15% quarter over quarter. That would take the cost of polysilicon to about $41 per kg in Q4. We know that some spot prices were that high in October and November. However, this price is about 10% higher than what DQ realized in the quarter and remember DQ sold most of its product in October and November. So JKS’s purchasing of polysilicon was sloppy to say the least. The difference between what their cost was and what it should have been was about 1 cent per watt. That is equal to 3.7% of gross margin. Instead of 14.1%, gross margin could have been almost 18%.Could have been, would have been, should have been :( $JinkoSolar(JKS)$
$Shopify(SHOP)$ Just watched Binance CEO on CNBCI think all these Companies that come out with adjusted and non GAAP earnings are going to go down.Shopify will be included in this sinking 🚢Binance CEO just said that big four audit firms don’t have the expertise to audit crypto companies. He also refused to answer direct question if his company can pay back $2.1 B that he received from FTX. Curious if those were comingled customer deposits.
Lordstown Motors: The Ride May Be Over For This EV Startup
Lordstown Motors: The Ride May Be Over For This EV Startup
$Mullen Automotive(MULN)$ Mullen says "the I-GO is perfect for urban European markets and that the I-GO bridges the gap between the growing demand for quick deliveries and space constraints found throughout the dense cities of Europe. Although in China the vehicle is mostly a passenger vehicle, Mullen and its partners have optimized and configured the I-GO to be a commercial EV that is fully certified and ready for sale in the UK, Germany, Spain, France, and Ireland. The first vehicles are set for Germany in December 2022. The starting price is $11,999 (€12,111) plus VAT and local transportation. Mullen is engaged in licensing discussions with potential partners. The I-GO will be retailed and serviced through local European distributors."
$Taiwan Semiconductor Manufacturing(TSM)$ Digitimes reports that TSM is seeing more of its big customers cutting back even more orders since Q4 started. In a way this is good news since the talk of chips slowdown has not felt by TSM yet. The sooner it gets hit, the sooner we know the chip down cycle has hit bottom. I anticipate the bottom will reach before April. How quick it bounces back is TBD.
$Grab Holdings(GRAB)$ I see all these ridiculous messages and it makes me think the world is full of desperate people who have not a clue about company financials, make demand or how to read a basic set of figures.Those of you panic selling, you will regret it. Grab may not go up by $10 short term but it will be $5 within coming months based just on fundementals, uptick in market demand and their balance sheet.GRABs not going anywhere, nor is UBER, nor is DoorDash .... stay the course and benefit or just lose due to not actually reading articles or listening to analysts or even how about this, listen to earnings call.
$Panbela Therapeutics, Inc.(PBLA)$ Technical analysis forecast for Panbela Therapeutics Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Panbela Therapeutics PBLA at this time. Stock is falling and might fall more.It appears as if Panbela Therapeutics PBLA gave a large move recently.Stock of Panbela Therapeutics (PBLA) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.My analysis of Panbela Therapeutics is bearish for shortterm, and stock might move down till 0.4 or till -1.2. Use a stoploss of 1.73 and if the stock
The biggest issue here is the ongoing struggle neophyte investors have with their inability to correlate a company with its stock price.$Airbnb, Inc.(ABNB)$ "Airbnb is a great company!" Uh huh, while I disagree with that for a plethora of reasons, just because you love the concept doesn't make the company worth 52 billion dollars (today's market cap).I love BMW's (own one), doesn't mean one's worth a billion dollars.I love Nike golf clubs (sad they moved out of that business) - doesn't mean a set is worth a million dollars.Get the point.....?Bear markets have a nasty habit of bringing 'momo' stocks like this back in touch with the fundamentals. I wouldn't even THINK about touching this until it reaches it's (68/share) IPO price. If the marke
$Shopify(SHOP)$
$Helbiz, Inc.(HLBZ)$ geez...Remember, Nasdaq rules provide a 180-calendar day cure period from the date of a deficiency notice based on the minimum bid price, during which the minimum bid price of a company’s stock must be $1 or more for ten consecutive business days...that being said, are we looking at a possible reverse split??
When the scale becomes larger, there may be division of labor. For example, Cainiao Post Station appears, so it is not entirely impossible for a delivery boy to take the delivery for a long distance and finish the last 100 meters. I used to think Cainiao Post Station is a very inefficient solution, but after the delivery scale reaches a certain degree, it seems to be the best solution at present. $Meituan(03690)$
$XPeng Inc.(XPEV)$ Closing price in Hong Kong is HKD 41.65which is equivalent to a share price of USD 10.70 in the US market.I believe that, according to Wyckoff Market Cycle, we are now in a period that Wyckoff calls 'throwback', i.e. a temporary correction before the price starts to go higher. This temporary period is part of the 'mark-up' phase - i.e. when institutional investors push up the stock price to benefit from accumulation which mostly they executed earlier (as it does seem to be the case).Of course, even it may look like that, who knows? Don't take any of the above as advice! :D
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