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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (158881)	6/9/2020 8:01:32 AM
From: TobagoJack	Read Replies (1) \| Respond to of 218163

:0) we are learning a lot GDDDEEU - a possibility I did not seriously consider

To: carranza2 who wrote (158881)	6/9/2020 8:56:50 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218163

Am told and checked out, “CHK went from $15 to $70 in two trading days... and filed for BK at the close today! “ Am guessing by the looks of things, the buy-the-dip will not be cured in the near term as retail only learned to buy the dip and buy the rise, but buy buy buy. When the auto reflex response stops, might be trillions later, as the FED shall and must step in each time, eventually all-in, because it is for all the marbles. finance.yahoo.com

To: carranza2 who wrote (158881)	6/9/2020 9:16:01 AM
From: TobagoJack	Respond to of 218163

Dunno. Watching. Implied volatility is between 150-300% depending on expiration, meaning enough lemon to safely juice. bloomberg.com A $26 Billion Truck Company With Zero Revenue Just Surged 103% Edward Ludlow LISTEN TO ARTICLE Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberancethan Nikola Corp. The aspiring battery-electric and hydrogen fuel-cell truck maker debuted on the Nasdaq last week following a reverse merger with a blank-check company headed by a former General Motors Co. executive and board director. It’s forecasting zero revenue for 2020 and its first $1 billion year won’t be until 2023. Ford Motor Co., by comparison, is expected to report about $115 billion of revenue for this year. And yet Nikola, whose stock more than doubled Monday, traded up another 24% to as high as $90.71 in early trading Tuesday, giving the company a richer market capitalization than the almost 117-year-old maker of the F-150. Skeptics have long questioned the market’s valuation of Tesla, which has yet to post an annual profit. But by pushing Nikola’s market cap to $26 billion at Monday’s close, investors have taken appraisals of zero-emission vehicle manufacturers named after a celebrated Serbian-American inventor to another stratosphere. “Nikola’s No. 1 goal is stable growth over time,” Trevor Milton, Nikola’s executive chairman, said in an emailed statement. The 38-year-old said several factors could be behind the stock’s gain and cited examples including his tweeted announcement that the company will start taking reservations for its Badger pickup. Starting five years ago, when Milton founded Nikola, through the end of last year, the Phoenix-based company has lost about $188.5 million. It’s planning to start delivering the Tre battery-electric semi truck next year, followed by two fuel cell-electric models in 2023. The Badger model that Milton said may have gotten the market excited on Monday might not actually make it into production. In Nikola’s public-offering filing, the company said it is focused on making Class 8 heavy-duty vehicles and doesn’t expect to build the Badger unless it finds an established manufacturer to partner with. A spokesperson for the company said Nikola will announce a partner in the near future, without giving more specifics. Last week, Milton ceded the chief executive officer job to Mark Russell, a former COO of metals manufacturer Worthington Industries Inc. who has been president of Nikola since February 2019. VectoIQ Acquisition Corp., the company Nikola merged with, is led by Steve Girsky, a former GM vice chairman who helped lead the carmaker out of bankruptcy. Little Cash Nikola had about $86 million in cash at the end of last year. Prior to the stock listing, it had raised more than $500 million of private capital, though that includes a $150 million in-kind contribution from CNH Industrial NV, the truck maker linked to Italy’s billionaire Agnelli family. CNH also invested $100 million cash in Nikola last year. The partnership with CNH includes a 50-50 venture in Europe that aims to start producing battery-electric trucks in Germany in the first half of next year and a North American alliance that Nikola will fully own. Nikola is planning to build a 1-million-square-foot facility south of Phoenix and start making trucks in 2021. It’s expecting to reach full production of about 30,000 fuel cell-electric vehicles in 2027 and 15,000 battery-electric vehicles the following year. Slow-Going Sales Nikola sets conservative targets and timeline for volume from U.S. plant Source: Nikola's April 6 analyst day presentation Note: Company provided forecasts for first three years and projections for years when it expects each vehicle type to reach full production. Although Nikola touts reservations for 14,000 fuel cell-electric trucks that it says are worth about $10 billion of sales, those are far from done deals. The company told prospective investors in April that it was negotiating with strategic fleet partners to convert pre-orders into binding contracts with deposits. While times are good for Milton -- his fortune now stands at $9 billion, according to the Bloomberg Billionaires Index -- he still covets something Tesla’s CEO Elon Musk has: a blue check mark on Twitter. Then again, Milton may want to be careful about seeking notoriety on Musk’s favorite social-media platform. The account @TESLACharts, which has accumulated roughly 26,400 followers by incessantly trolling Musk, has taken notice of Nikola’s rise. (Updates with early Tuesday trading in the third paragraph.) Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad