au contrare. atm, CRWD is a MACD cross-under candidate, if one wants to short it i see it falling to somewhere between the 20dma & 50dma
Just saw this. Oracle has their own CDN, but not sure how it ranks compared with the other companies' offerings, but when I think of CDNs, I think of companies like Fastly, Cloudflare, Microsoft, Akamai, Amazon, etc.
Merck inks a ~$4.5 Billion deal for 2 of Seattle Genetics' anti-cancer drugs we can see the pin-ball action on IBB, who owns ~ $256 Millions of SGEN before today's pop, catapulting off the lower trading channel on heavy volume
Who is going to short NKLA. It is pretty much the new Theranos. They admitted their demo was fake. I don't understand why the stock isn't going to 0. The have no Tech. Their CEO is fraud. Look at the entire management team. Who knows anything about fuel cells.
I think it's a **** company but I don't dare short. They've raised enough funds to go on for awhile, and they may be able to operate as a quasi gm brand. Handle the cosmetic designs, marketing and customer service, leave the important manufacturing to gm and bosch. It'll fall far short of being the new Tesla, but still worth a lot more than zero. With a working electric skateboard from gm, they could do paper launches of new models every month to burn shorts. Edit: also any idea what's the interest rate? I shorted BFRA few weeks ago, its price spike obviously wasnt based on any fundamentals as the EU listing didn't go up in price like the US listing. Made some money but the interest rate was a few hundred percent p.a. as demand for shares to short was too high; not worth the risk in the end.
What I don't get is why this is going to make them fall now as opposed to earlier when the same story was already published. People are treating this like it's some kind of new news. What am I missing? This was reported back in June : https://www.bloomberg.com/news/arti...exaggerated-the-capability-of-his-debut-truck Also, if they're as fake as everyone says, what did GM see to invest $2 billion in them and then have Mary Barra come out and say they're standing by them because of the due diligence they did? Did they fake the tech, too? The whole situation is odd.
I think a lot of the current news cycle pushers are a combination of short sellers and people who have soured on the CEO's personality.
Walgreens had a partnership with Theranos. They were valued at 10 billion dollars at one point. The company admitted that they faked their demo. That is a pretty new piece of information. GM is pretty much getting free shares as far as I understand, GM didn't invest anything in NKLA. NKLA just gave them $2 billion dollars in shares. https://www.cbsnews.com/news/general-motors-nikola-badger-electric-vehicle-2-billion/ Why would a company give away $2 billion dollars worth of equity if it had some super secret technology?
Yeah, short sellers like Hindenburg and Citron Research are always looking to kill stocks so they can collect. I still remember Citron blasting Tesla one day and then almost immediately a couple of days or a few days later reversing direction and basically saying they changed their minds and Tesla was legit. I was like "what?" lol. Hindenburg did this not too long ago to Sorrento Therapeutics, too. In some cases, I can agree with them. I'm just trying to figure out the line of reasoning here. Specifically, the stock going down on a story everyone knew about already. I think they've always said that their goal isn't electric. That's a stepping stone for funding to them. They're about hydrogen fuel stations and being the company that sells the semis and the refueling stations, but that's probably at least a year or two away. They've always been about licensing or giving away the technology so long as everyone ends up relying on them for the fuel. Or that was what they were saying not too long ago. I'm not sure they ever said anything about "super secret technology", did they? Maybe I missed it. He also admitted back in June there was no fuel cell in that truck. Do I think he bs'ed the demo? Hell yes. But again... new news? I'm not getting that part. As for why give away $2 billion in equity - they've stated they don't want to be a manufacturer. They're basically getting GM's Ultium battery technology, manufacturing capability, and scale while they dump their software and design into the vehicle. It's the same reason they went to Bosch and other manufacturers when getting parts for the semis and for the European production facility. In return, if they can get a few of those Badgers out there, it's more of a test bed for GM to use for their electric division and battery tech. Otherwise they'd be trying to invent and re-invent existing tech. They didn't want to go the Tesla route. Again, I'm not saying you're wrong, but this would be GM, Anheuser Busch, as well as others that have been bamboozled by somebody everyone is claiming is a dumbass. Not to mention the original SPAC (VectoIQ) was started by Steve Girsky, who is legit in the auto industry from what I've read. But come to think of it, he was also a GM guy before he started the SPAC, so again, who knows. I'm going to sit back and watch what happens. lol.
ORCL, the 4th or the 5th best cloud service provider, will likely get Trump's official approval, by no later than tomorrow, to become the web hosting provider for TikTok USA. effectively, it will be a joint venture between a domestic and foreign co, w the Gov't getting some fee. this JV arrangement is just like how JVs operate in China.
I noticed that WKHS has very high call volume @$25 strike this week and almost identical put volume @$20 strike next week. Bought some cheap puts for next week as a gamble at yesterday's close.
for the past 3 wk, TSM has been consolidating---forming a solid base---it appears to be breaking out today. the MACD is about to cross over the slow line perhaps the fact that the next X-Div will be 17 Sept, this coming Thu, has something to do w this momentum. https://www.tsmc.com/english/investorRelations/dividend_history.htm#latestDividend
Yep, volume today looks really good too. I'm just gonna hold this. The fabs are probably fully booked for the next 2 years.
china sales for Aug was flat (YoY), was -7% and -10% the previous 2 mos. so, it is stabilizing there. But, forecast for US comp in 2020 is -12% rolled the front leg to a Nov 82.5 CALL for 30 cents; this effectively makes the Jan 2021 75 CALL a no-cost position
Among the Apple announcements being mentioned today, including the new watches and iPad, this one is kind of interesting in terms of possibly stealing from other streaming services : https://www.cnet.com/news/apple-one-what-is-bundle-services-like-apple-music-tv-plus-icloud/
