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OT: Stock and Investment Talk

50 years ago? 60 years ago? Seriously????????????
Bull****ingshit
Did you click the link? It's a consistent downward trend since 1960.

Was there an upward tick in the early 80's? Yes, and then it fell precipitously since. There was also an early uptick in the early's 2010's but then reversed back downward again in the 3 most reported years.

To say the that coal use is anything but declining is just head in the sand stuff.
 
you have to just ignore the nonsense. His use of this to support his view is freshman like.

funny thing is the ev crowd doesn't realize the environmental impact is worse with the mining, energy needed to shift the paradigm, recycling concerns, rare earth metals variables etc etc etc

gas cars are not the problem
Wait a minutes. Is coal use in Germany and the UK not declining? Or the US? Or China?

And I didn't bring up coal, so this has nothing to do with my "freshman like" view of EV. My point here was purely to note that coal use is, despite what MDK says, in severe decline.
 
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Can’t believe no one is talking about ARK/CW selling Tesla. I mean her price target is 3000.
 
Can’t believe no one is talking about ARK/CW selling Tesla. I mean her price target is 3000.
Standard portfolio management. Sell at the high end of the range, buy at the low end.

Edit: And I should note that they trimmed back their position. Still the lartgest holding in the fund.
 
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Revenues for the past 5 years for GM and TSLA.

GM down about 18%, from $149 billion to 122 billion

TSLA up about 350% from $7 billion up to 31.5 billion.

I'm not so familiar to which qtr's tend to show the best revenue results in the auto industry, but just going off q1 and q2 results it looks like TSLA is on pace to have 2021 rev's come in at around $45 bil, so high 40% growth yoy. GM is on pace for $132bish revs, less then 10%.
Auto sales usually peak in Q4.
Q1 usually the slowest.
 
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LCID had a run today, apparently 520 mile range on a single charge.

I bought that near it's lows, and sold some $21 strike calls which expire tomorrow, so good chance I lose that as it's $23 in extended. Think I made about 5% on the premium and over 10% on the sale, so a solid trade.

I know one of the TSLA bulls often talks about the difficulty in scaling up, and while I've argued it's not really an issue with F, GM or VW, I could see that being an issue with the startups.
 
LCID had a run today, apparently 520 mile range on a single charge.

I bought that near it's lows, and sold some $21 strike calls which expire tomorrow, so good chance I lose that as it's $23 in extended. Think I made about 5% on the premium and over 10% on the sale, so a solid trade.

I know one of the TSLA bulls often talks about the difficulty in scaling up, and while I've argued it's not really an issue with F, GM or VW, I could see that being an issue with the startups.
5% premium seems low for a stock that likely has high implied volatility. Are you writing very short dated call options?
 
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LCID had a run today, apparently 520 mile range on a single charge.

I bought that near it's lows, and sold some $21 strike calls which expire tomorrow, so good chance I lose that as it's $23 in extended. Think I made about 5% on the premium and over 10% on the sale, so a solid trade.

I know one of the TSLA bulls often talks about the difficulty in scaling up, and while I've argued it's not really an issue with F, GM or VW, I could see that being an issue with the startups.
I'm that bull.
Ford is only producing 2-3K Mach-E /month. VW's ID4 just slightly better at around 5K/ month. That's an issue because they are losing $ on every vehicle if that's their run rate.

Pretty sure demand isn't the issue as both vehicles have overall positive reviews and both still qualify for US tax credit.

So yes, prototypes are easy. Volume production, especially of a new technology, is hell.

Another good example would be solid state batteries which have been around for decades. Still, no one has figured out how to scale production. The machine that builds the machine is the trick.
 
5% premium seems low for a stock that likely has high implied volatility. Are you writing very short dated call options?
Ya, bought the stock on Sept 2nd. Sold that call on the 9th.

I def looked at this one as a trade.

I mentioned discipline in the other thread, the calls do hold me to selling at a certain level. Missing out on some upside here, but that's aight, but looks like I'll be netting a 17% gain.

I'll see if it wants to dip back, maybe I'll jump back in.
 
I'm that bull.
Ford is only producing 2-3K Mach-E /month. VW's ID4 just slightly better at around 5K/ month. That's an issue because they are losing $ on every vehicle if that's their run rate.

Pretty sure demand isn't the issue as both vehicles have overall positive reviews and both still qualify for US tax credit.

So yes, prototypes are easy. Volume production, especially of a new technology, is hell.
I gave props to TSLA for growing in a chip shortage environment.

But I have to believe it is restricting the legacy companies which can't get enough chips to feed their ICE vehicles, let alone grow their EV's.

Think it's only a matter of time though.

Note this is also a mega tailwind for auto chip makers. I was going to mention NXPI but that growth has translated in recent earning, and really isn't in fwd estimates either. I am in INDI, a recent spac merger startup, that's on a decent run of late. If it can execute feel there is plenty of head room here.
 
Think it was @RUJohnny99 who recommended PLTR when it was around $18. Currently at $28.

So a really nice call there.......which I did not heed.
 
Standard portfolio management. Sell at the high end of the range, buy at the low end.

Edit: And I should note that they trimmed back their position. Still the lartgest holding in the fund.
ARK bought shares way higher than the current price. There is nothing standard about ARK. CW needs to catch up before the year is over. She will start selling low vol for high vol stocks to makeup the difference.
 
Think it was @RUJohnny99 who recommended PLTR when it was around $18. Currently at $28.

So a really nice call there.......which I did not heed.
I got in at around $15 in the after hours after the last earnings report. The stock then quickly rebounded the next day and has been going up since then. I have almost doubled my investment in 4 months. Another example how it can be beneficial to trade during the after hours volatility.
 
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ARK bought shares way higher than the current price. There is nothing standard about ARK. CW needs to catch up before the year is over. She will start selling low vol for high vol stocks to makeup the difference.
Market conditions changed.

I mean, because she bought some at higher levels then this(as well as a lot way lower) does that mean all future trades will then have justify buying at that higher price?
 
I don't know this for sure.

But I'm pretty confident that after buying TSLA at $900, she also bought some, more recently, at $600.

She likely sold during that time period as well. I think I remember a gotcha post about that sale too. .
 
Market conditions changed.

I mean, because she bought some at higher levels then this(as well as a lot way lower) does that mean all future trades will then have justify buying at that higher price?
Of course not, I can understand it more if she didn’t set a 3000 price target.
 
BTW, I am happy to see that SOFI has found support around the $15 level. We are starting to see some upgrades which tells me that institutions have loaded up and will try to push this higher. I did trim my allocation by 50% to offset some gains from earlier in the year. I will be be buying back at some point.
 
BTW, I am happy to see that SOFI has found support around the $15 level. We are starting to see some upgrades which tells me that institutions have loaded up and will try to push this higher. I did trim my allocation by 50% to offset some gains from earlier in the year. I will be be buying back at some point.
I still have too big of a position as I kept adding on the way down. Been selling short terms call against half of it. 0 for 2 so far but, eventually it will hit. Until then I'll just collect those premiums.
 
She is trading around a long term bull thesis. She also needs to keep TSLA at 10% of the main fund.
Same thing with ARKF. She tries to keep SQ around 10% as well. Something you gotta sell to maintain balance. Investing 101.
 
Revenues for the past 5 years for GM and TSLA.

GM down about 18%, from $149 billion to 122 billion

TSLA up about 350% from $7 billion up to 31.5 billion.

I'm not so familiar to which qtr's tend to show the best revenue results in the auto industry, but just going off q1 and q2 results it looks like TSLA is on pace to have 2021 rev's come in at around $45 bil, so high 40% growth yoy. GM is on pace for $132bish revs, less then 10%.
I believe gm has divested itself of several money losing automakers during this time period. So likely revenue is down while profitability is up
 
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I believe gm has divested itself of several money losing automakers during this time period. So likely revenue is down while profitability is up
Ford has been doing something similar, getting out of unprofitable countries/regions.
 
Seeing a lot of Apple+ commercials. Jon Stewart. A show with Reese Witherspoon and Jennifer Anniston.

They have kind of let the other players take off over the last year plus, but they can certainly invest heavily if they want, and I imagine get back into the game quickly.
 
Seeing a lot of Apple+ commercials. Jon Stewart. A show with Reese Witherspoon and Jennifer Anniston.

They have kind of let the other players take off over the last year plus, but they can certainly invest heavily if they want, and I imagine get back into the game quickly.
What about them getting into EVs? Do we think they eventually launch their own car or try to buy someone ahead of them?
 
Sure, selling calls at one strike and buying at another can work. Or different expiration dates.
What do you mean by can work? What’s the goal and does your strategy yield the expected return if you are right?
 
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