Turnarounds usually begin with leadership changes before the financials show any improvement. The new CEO at $Opendoor Technologies Inc(OPEN)$ is taking a $1 salary with no bonus, and his compensation is tied to roughly 82 million shares that only vest if the stock price reaches between $6.24 and $33. That's a performance-based structure similar to what $Tesla Motors(TSLA)$ has used. It's an interesting setup to keep an eye on as things develop.
$SpaceX(SPCX)$ $Leverage Shares 2X Long SPCX Daily ETF(SPCH)$ This is debt financing, not equity dilution. No need to rush into selling. This doesn't change the wildly bullish thesis on SpaceX; in fact, it strengthens it. It's a senior bond offering, not more stock. Having $100 billion in cash is extraordinary. That's not a company on the ropes. It's a company with ambition and capital requirements, and a proven way to achieve it. My view remains the same, even more so. No need to worry or panic sell.
$Tesla Motors(TSLA)$ When price opens low, it's not always a bullish sign. But when it opens low with an imbalance on a high timeframe like the monthly, it's hard to ignore. I wouldn't be surprised if these names close higher for the month after finding liquidity, starting with a strong week.
$Tesla Motors(TSLA)$ As long as the pro desk traders at the major Wall Street banks can make billions in just hours every single day, then Wall Street is in perfectly good shape. That's really all that matters to me.
$Tesla Motors(TSLA)$ Some of the shorts are really backed into a corner now, which explains why they're desperately begging for people to sell. Pretty laughable.