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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (54476)11/12/2014 2:24:51 PM
From: deeno  Read Replies (1) | Respond to of 78652
 
weird little company. Saw the little blurp on

"In September 2014, Tesla Motors, Inc. announced that a lithium-ion battery "Gigafactory" will be constructed on property known as the Tahoe Reno Industrial Center, in northern Nevada. As part of the incentive package for Tesla, the State of Nevada agreed to purchase the right of way for the USA Parkway and complete construction of USA Parkway from the factory site to U.S. Highway 50 in Lyon County. The Gigafactory is projected to employ 6,500 people. Vidler believes that the Gigafactory will directly and indirectly create the need for new residential, commercial and industrial development both in the greater Reno area and in Lyon County. Vidler's water assets at Fish Springs Ranch and in Lyon County are well positioned to support the anticipated growth in these areas."

Thought it might have been the hype, but stock dropped from 22 to year lows over the next month or so. I like the strategy of the trading range, but losses and lack of dividend give me great pause. Also the water part seems to pale versus real estate and crush spreads for AG. You sure its the water interest and not cyclical RE and Canola Crush spreads?