$WiSA Technologies(WISA)$ Look at 10-Q in EdgarSection CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSLoss was 921But there is an item :Change in fair value of warrant liabilities +5604If not for this mysterious non-operational item the loss would have$3.77/share instead of $.53/share. Creative accounting ain't sales. No wonder it's tanking.And revenue continues to fall while operating expenses continue to rise.And inventory is more than 10x qtr sales.You should learn to dig into the report, not buy the headline.
$WiSA Technologies(WISA)$ From 10-QOn May 15, 2023, the Company entered into warrant exercise inducement offer letters (“Inducement Letters”) with holders of the Existing Warrants (collectively, the “Exercising Holders”) pursuant to which the Exercising Holders agreed to exercise for cash Existing Warrants, in full or in part, in exchange for the Company’s agreement to issue new warrants (the “Inducement Warrants”) to purchase up to a quantity of shares of Common Stock equal to 200% of the number of shares of Common Stock issued pursuant to the exercise of the Existing Warrants, such Inducement Warrants are to be issued on substantially the same terms as the Existing Warrants, except with respect to the exercise price, which was set at $1.33 per s
$NIO Inc.(NIO)$ Just a matter of time once they've conquered Europe. They'll just start shipping their EVs to South America then shortly thereafter to North America because we will be begging for them. Not everyone can afford a Tesla/Ford/GM/Toyota. Can't wait to breathe fresh air again.
$Twilio(TWLO)$ Those shorting at these levels are playing with fire. It went from massively overpriced to well undervalued. You *might* be able to get a few more bucks. But the potential downside left is very little compared to the upswing. Not to mention that under <10 billion market cap is an extremely attractive valuation as a takeover target. Especially with >$4B in sales, a growing customer base, and $4B in cash. I short companies all the time, but this turnip has already been squeezed. Better short options out there.
Bulls and Bears looking weak for weeks now - equal weight indexes flat for six months.Market living on pumps from mega caps like $Apple(AAPL)$ showing reducing revenue - yet somehow trading within a few % of all time highs.$Tesla Motors(TSLA)$ is literally a joke, especially after Elon himself got dower about this year's outlook.Keep chasing the A.I. dream $Alphabet(GOOG)$ and $Microsoft(MSFT)$.THIS MARKET IS 🤮🤮🤮🤮IT AIN'T
$Advanced Micro Devices(AMD)$ Feel we're watching the changing of the guards for leadership in this sector. AMD will be king of the chips and WS is starting to understand that. The change was kicked off by the market's AI focus and Microsoft's announcement. No one at a very senior level denied it, except for not working on Athena comment by a middle level exec. Where there is smoke there is fire. AMD.....rock on please!!!!!
$Unity Software Inc.(U)$ ER next week May 10th Wednesday after market close. That's 3 trading days, let's go a dollar up each day! last earnings calls they meeting mentioned employee share compensation will also be cut. To stress that they will be cutting cost every where possible. Hope this moon to 40 after ER. The "Create" business growth is growing irrespective of the economy..that's accelerated growth. Ongoing heavy cost cuts will allow them to guide Much better financials.
$JD.com(JD)$ hard to figure out why JD has underperformed $Pinduoduo Inc.(PDD)$ and $Alibaba(BABA)$ so badly last few mths. Couponing, "price wars"? Who gives an answer. Temporary response to Covid lull. So damn cheap, IV super low so calls cheap as well. I'm in big, hope WW3 doesn't break before we hit 50.
$GlucoTrack, Inc.(GCTK)$ if this is was a collusional run by the scammers expecting a full retrace to 30 cents. Not sure what and why this took off today, but looking like a large group colluding a pump.. anyone holding now can expect a 25-75% loss from here. Monday will be a blood bath unless major news hits. Be prepared for it, kiss your money good bye.Conspiracy Keanu Meme | WHAT IF THIS STOCK REALLY IS A SCAM | image tagged in memes,conspiracy keanu | made w/ Imgflip meme maker
$Virgin Orbit Holdings Inc.(VORB)$ Virgin Investments, one of Virgin Orbit’s sister companies, will inject $31.6m into the satellite launcher to help it stay afloat while the business searches for a new owner. Virgin Orbit said it planned to pay its suppliers and vendors “to the fullest extent possible” and was committed to working with customers to try to find a buyer “able to continue to fulfil their needs”. Would that be $Virgin Galactic(SPCE)$ another stock headed for bankruptcy.