Abdul Dickson
liked and voted
Hey, mooers!
$Sea (SE.US)$ and $Alibaba (BABA.US)$ revealed their earnings reports this week, bringing surprises to investors.
Thanks for participating in the relevant earnings events in the community! We were truly impressed by the insightful ideas presented in your posts and comments.
We picked a few sharings from the community for this week. Let's have a look!
*Every mooers listed below will receive 500 po...
$Sea (SE.US)$ and $Alibaba (BABA.US)$ revealed their earnings reports this week, bringing surprises to investors.
Thanks for participating in the relevant earnings events in the community! We were truly impressed by the insightful ideas presented in your posts and comments.
We picked a few sharings from the community for this week. Let's have a look!
*Every mooers listed below will receive 500 po...
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Abdul Dickson
liked
After recently setting up GM Europe, $General Motors (GM.US)$ is now laying the groundwork for expanding EV production to Egypt, where it will also serve as a hub to export EVs to Africa.
“CAIRO, Dec 1 (Reuters) - General Motors Co and Egypt's Al Mansour Automotive Co have agreed to study jointly manufacturing electric vehicles in Egypt and, once finished, ask the government for support, Mansour Automotive's chairman Mohamed Mansour said on Wednesday.”
“Under a memorandum signed on Wednesday, the two companies will study production requirements, volumes and incentives they might need from the government, Mansour said, without specifying what shape those incentives might take.”
“CAIRO, Dec 1 (Reuters) - General Motors Co and Egypt's Al Mansour Automotive Co have agreed to study jointly manufacturing electric vehicles in Egypt and, once finished, ask the government for support, Mansour Automotive's chairman Mohamed Mansour said on Wednesday.”
“Under a memorandum signed on Wednesday, the two companies will study production requirements, volumes and incentives they might need from the government, Mansour said, without specifying what shape those incentives might take.”
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Abdul Dickson
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$Moderna (MRNA.US)$ lol, unknown if patient had the booster! Here we go, now having 2 shots won't be enough, unless you get a booster you are the cause of this nasty virus going around! Glad the market is acting like fools for another day, more bargains to be had, so I will wait another day or two and start pouncing.
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Abdul Dickson
reacted to
$General Motors (GM.US)$ With good earnings while pushing for EV future, GM is a no brainer. Much safer compared to any other EV companies. Never interested in GM vehicles until Lyriq...
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Abdul Dickson
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$Moderna (MRNA.US)$ The vaccines are NOT vaccines- they are gene therapies. Even Dr. Fraudci would have to admit that point. Real vaccines take years to develop and test.
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Abdul Dickson
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$General Motors (GM.US)$ So we go from a low range of $10.5 B to 14 B for a quarter and we state that chip shortage is getting better and that is only good for 19 cents today. I know Covid news but if COVID really bad just means less public transportation and more private vehicle overhead.
Market makes no sense so I sold shares of several companies including GM this morning and I bought them back right before close today.
Market makes no sense so I sold shares of several companies including GM this morning and I bought them back right before close today.
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Abdul Dickson
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$Pfizer (PFE.US)$ Wake up, people!
Omicron is NO BIG DEAL!
When guys on CNBC talk about it, they make it sound like a doomsday event (Omicron, the Planet Killer), or like its a new and disruptive chip stock that Kathy Wood just bought for $ARK Innovation ETF (ARKK.US)$.
Omicron is NO BIG DEAL!
When guys on CNBC talk about it, they make it sound like a doomsday event (Omicron, the Planet Killer), or like its a new and disruptive chip stock that Kathy Wood just bought for $ARK Innovation ETF (ARKK.US)$.
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Abdul Dickson
liked and commented on
$Ford Motor (F.US)$ Hackett was a disaster and "robbed" the company with his compensation.
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Abdul Dickson
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$BioNTech (BNTX.US)$ but we got rid of trump and gave dems an entire congress. How is covid still around? why isn't biden doing anything about it? why are we building back better when we can't even exit our house without dying
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Abdul Dickson
reacted to and commented on
$Robinhood (HOOD.US)$ sank some 8% Wednesday to its lowest level since going public four months ago, falling on heavy volume as the popular investing app’s IPO lockup fully expired.
HOOD dropped as much as 7.9% to a $23.89 intraday record low before recovering slightly to close at $23.93, shedding 7.8% on the session to reach its worst finish to date.
The stock fell on heavy volume of 32.9M shares − more than 3x HOOD’s 9.7M daily average.
Shares were apparently tanking due to the final and most significant in a series of lockup expirations that followed the company’s IPO. Some 569.7M shares bought at IPO by insiders and key investors like $Salesforce (CRM.US)$ became eligible for sale for the first time Wednesday.
HOOD has been falling for the past four sessions, apparently in anticipation of the lockup’s expiration. All told, the stock has lost some 19.6% since last Wednesday’s close at $27.78.
Robinhood operates a popular investing app that has introduced many Millennials and other new investors to the stock market. The company staged what had been an eagerly anticipated initial public offering in July.
However, the IPO priced at the bottom of its expected $38-$42/share range, and then HOOD tanked instead of rising in its first post-IPO session. So far, the stock has fallen 37% from HOOD’s IPO price.
Shares sank Wednesday despite word that Robinhood had introduced a new feature making it easy for customers to transfer assets from other brokerages into their HOOD accounts.
The stock also failed to get a boost from news that Cathie Wood's $ARK Innovation ETF (ARKK.US)$ had snapped up some 837,000 HOOD shares on Tuesday.
HOOD dropped as much as 7.9% to a $23.89 intraday record low before recovering slightly to close at $23.93, shedding 7.8% on the session to reach its worst finish to date.
The stock fell on heavy volume of 32.9M shares − more than 3x HOOD’s 9.7M daily average.
Shares were apparently tanking due to the final and most significant in a series of lockup expirations that followed the company’s IPO. Some 569.7M shares bought at IPO by insiders and key investors like $Salesforce (CRM.US)$ became eligible for sale for the first time Wednesday.
HOOD has been falling for the past four sessions, apparently in anticipation of the lockup’s expiration. All told, the stock has lost some 19.6% since last Wednesday’s close at $27.78.
Robinhood operates a popular investing app that has introduced many Millennials and other new investors to the stock market. The company staged what had been an eagerly anticipated initial public offering in July.
However, the IPO priced at the bottom of its expected $38-$42/share range, and then HOOD tanked instead of rising in its first post-IPO session. So far, the stock has fallen 37% from HOOD’s IPO price.
Shares sank Wednesday despite word that Robinhood had introduced a new feature making it easy for customers to transfer assets from other brokerages into their HOOD accounts.
The stock also failed to get a boost from news that Cathie Wood's $ARK Innovation ETF (ARKK.US)$ had snapped up some 837,000 HOOD shares on Tuesday.
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