Tesla and Pot Stocks (Not the Same Thing)

October 6, 2018

My comments on Tesla will be brief.  Last week I asked if this was the end for Tesla; it’s not, yet, but the end is getting closer.  Tesla closed the week at $262, so after ramping to $316 on word of a settlement with the SEC, it’s back down, because Elon Musk can’t stop sending […]

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Tesla – The End?

September 29, 2018

On Friday TSLA – Tesla Inc. closed at $264.77, down $42.75 or 13.90%.  For comparative purposes, Tesla also close around $265 in February, 2014, and September 2014, and July 2015, and March 2017. We all know the story. Elon Musk tweeted that financing was confirmed to take the company private at $420 per share. Am […]

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Brief and to the point

September 22, 2018

I’ll be brief: Tesla is hanging in there at the $300 level.  This stock is fraud on wheels, and will crash, so now would be a good time to hold your shorts. Amazon is back down to a one month low.  It’s going higher.  Now would be a good time to go long. The pot […]

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Let’s Talk Pot (Stocks)

September 15, 2018

On Thursday cannabis stocks dropped after reports said that people who invest in pot stocks may be barred from entry into the United States.  Pot is illegal at the federal level in the United States, but legal in some states, and if you smell of pot as you cross the border you are likely to be […]

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Tesla, Elon Musk, and Weed

September 8, 2018

I listen to the occasional episode of the Joe Rogan podcast every two weeks, when he has an interesting guest.  This week he had a very interesting guest: Elon Musk.  If you have two hours, sit back and enjoy: If you don’t have two hours, here’s the gist of it: It is possible that Elon […]

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Tesla at $300, so all is good?

September 1, 2018

It was fun to watch the price of Tesla on Friday. It traded under $300 for most of the day, and then, before the close, managed to go up a dollar or two and close at $301.66. I’m not implying that the stock is manipulated, but if I was one of it’s “handlers” I would […]

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Dog Days of Summer – Limited Time Only

August 25, 2018

I have a sneaking suspicion that the Dog Days of Summer are done (a week early), and we are about to enter a very interesting period.  The game plan: First, cash is king.  There are lots of stocks that are down, particularly in the gold sector.  If they stay low for a few more months, […]

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Two Charts That Look the Same

August 18, 2018

As you know, I have paid close attention recently to two things: TSLA – Tesla Inc. and gold.  They both have similar looking charts. By way of review: I am of the view that, in the future, we will look back on Tesla with the same level of admiration we reserve for Enron.  I believe […]

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Tesla: You can lie about Funding Secured and suffer no consequences

August 11, 2018

Yes, I got killed on my Tesla short play.  I assumed that when they released horrifically bad results, the stock would tank.  I assumed that repeated customer complaints about crappy car quality would cause the stock to tank. Apparently not. All it took was a tweet from Elon Musk to “confirm” that financing was confirmed […]

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A Bad Week to be Short

August 4, 2018

Well, that did not play out as expected. Last week I was blathering on about how it was a good week to be short, because Facebook’s stock crashed, and Tesla’s was going down.  I don’t short Tesla, but I bought puts, which were a great speculation two weeks ago, but a horrible disaster this week. […]

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