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Fresh off all-time highs, $Apple (AAPL.US)$ stock is starting to wobble a bit.
It wouldn’t be the end of the world to get a dip down to the $157 to $160 breakout area, along with the 50-day moving average. Will we get it? I don’t know, as the bulls could easily step in earlier. However, it would be a solid buying opportunity.
Either way, as long as the trend continues higher, the next set of extensions could be in play between $188 and $194. Above that and the obvious is in play: $200.
It wouldn’t be the end of the world to get a dip down to the $157 to $160 breakout area, along with the 50-day moving average. Will we get it? I don’t know, as the bulls could easily step in earlier. However, it would be a solid buying opportunity.
Either way, as long as the trend continues higher, the next set of extensions could be in play between $188 and $194. Above that and the obvious is in play: $200.
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$LHDX — STOCK & OPTION PLAY
NEED IT TO BREAK OVER: $7.85
key indicator for MORE uptrend: $ 7.96
confirmation uptrend - $8.18
mini breakout - $8.29
full breakout - $8.50
SEMI PARABOLIC - $9
stop loss — $7.40
& support - $6.84. $Lucira Health (LHDX.US)$
NEED IT TO BREAK OVER: $7.85
key indicator for MORE uptrend: $ 7.96
confirmation uptrend - $8.18
mini breakout - $8.29
full breakout - $8.50
SEMI PARABOLIC - $9
stop loss — $7.40
& support - $6.84. $Lucira Health (LHDX.US)$
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$Greenidge Generation (GREE.US)$ good stock to buy
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$NIO Inc (NIO.US)$
Investors are getting more skeptical about putting their money into shares of China-based companies after SEC recently decided to tighten its grip on foreign companies listed in U.S. The SEC will accomplish this by implementing a law requiring companies to submit their accounts reports and other documentation for audit. If they fail to comply, they face the risk of being banned from trading on U.S. stock markets.
TCW Group forecast "most" U S listed China stocks will be delist by 2024. Meanwhile, Nio's rivals are gaining a foothold in China, with XPeng catching the attention of Cathie Woods' attention.
Investors are getting more skeptical about putting their money into shares of China-based companies after SEC recently decided to tighten its grip on foreign companies listed in U.S. The SEC will accomplish this by implementing a law requiring companies to submit their accounts reports and other documentation for audit. If they fail to comply, they face the risk of being banned from trading on U.S. stock markets.
TCW Group forecast "most" U S listed China stocks will be delist by 2024. Meanwhile, Nio's rivals are gaining a foothold in China, with XPeng catching the attention of Cathie Woods' attention.
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Nov 15 $JPMorgan (JPM.US)$ has sued $Tesla (TSLA.US)$ for $162.2 million, accusing Elon Musk's electric car company of "flagrantly" breaching a contract the two corporate giants agreed in 2014 relating to warrants Tesla sold to the bank.
Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
Musk's Aug 7, 2018 tweet that he might take Tesla private at $420 per share and had "funding secured," and his subsequent announcement 17 days later that he was abandoning the plan, created significant volatility in the share price, the bank said.
On both occasions, JPMorgan adjusted the strike price "to maintain the same fair market value" as prior to the tweets.
Tesla's share price rose approximately 10-fold by the time the warrants expired this year, and JPMorgan said this required Tesla under its contract to hand over shares of its stock or cash. The bank said Tesla's failure to do that amounted to a default.
Any thoughts? Or maybe someone can explain what's going on in the case?
Source:
JPMorgan sues Tesla for $162 mln after Musk tweets soured warrant deal
Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
Musk's Aug 7, 2018 tweet that he might take Tesla private at $420 per share and had "funding secured," and his subsequent announcement 17 days later that he was abandoning the plan, created significant volatility in the share price, the bank said.
On both occasions, JPMorgan adjusted the strike price "to maintain the same fair market value" as prior to the tweets.
Tesla's share price rose approximately 10-fold by the time the warrants expired this year, and JPMorgan said this required Tesla under its contract to hand over shares of its stock or cash. The bank said Tesla's failure to do that amounted to a default.
Any thoughts? Or maybe someone can explain what's going on in the case?
Source:
JPMorgan sues Tesla for $162 mln after Musk tweets soured warrant deal
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$Tesla (TSLA.US)$ Will Tesla be able to book the entire value of the car when they aren't complete at the time of sale. Their should at a minimum be a liability charge added to the books for the cost of the repairs for completing the vehicle and a discount being given to the buyers for purchasing a car that has to have the dash removed making it less desirable for resale.
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$GE Aerospace (GE.US)$
good news moovers!!👍👍
Dear Client: GE had a stock marge. We will replace your GE stock cards with general stock cards within 3 trading days. So that you can conveniently use them. https://coupon.moomoo.com/stock-card-center
good news moovers!!👍👍
Dear Client: GE had a stock marge. We will replace your GE stock cards with general stock cards within 3 trading days. So that you can conveniently use them. https://coupon.moomoo.com/stock-card-center
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