What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Stock Thread (3 Viewers)

Bender FWIW, I upped my position in UWTI at $36.23.

Really hoping Brent takes $50, then hopefully Crude follows suit.

 
Last edited by a moderator:
fantasycurse42 said:
Fell from $5 to $3 in about 5 minutes. Nothing to see here. 

Em, hopefully you're out... Look for it to come back online at around $2, probably lower.

I'll post some stocktwit insights in a little. I'm sure there will be some good stuff in there.
Click to expand...
I got out at $3.38, thanks to you actually. I was going to let it ride.

It was a hot buy on Fidelity a few days ago and I hopped on, wouldn't have known to hop off w/o you.

 
Eminence said:
I got out at $3.38, thanks to you actually. I was going to let it ride.

It was a hot buy on Fidelity a few days ago and I hopped on, wouldn't have known to hop off w/o you.
Click to expand...
Good for you. There will be a lot of people holding a worthless piece of paper in a few days. 

Amazingly with all of the warnings, some people are still buying this. Pretty amazing.

 
Johnnymac said:
I would short it if I had any balls.
Click to expand...
Me too, but that is momentum stock that would crush you getting on the wrong side.

Honestly, in the long long long long term, I don't hate them as much, but their valuation as of right now is so silly to me. 

Furthermore, to think that we won't hit a recession between now and whenever they're mass producing cars is a little silly IMO (whenever that might be). When we do hit a recession, the first things that crushed are these overvalued momentum plays. If it were around $80-$100 I'd be a long term holder, not at > $200. 

Also, they're going to need to raise $$$. 

 
MOAR Cobalt.  
 

Cobalt: The Bass Player in the Tesla Band
 
Numbers are numbers and facts are facts: we make serious money when we figure out how those statistics could affect the future
 
For the past year, we’ve been haranguing about the global shortage of cobalt. 
 
The key facts you need to know: 
 
roughly 97% of the world’s supply of cobalt is produced as a by-product of nickel or copper production. 
 
Fact; the spot prices for copper and nickel have plummeted to and have stayed at levels that make many deposits uneconomic. 
 
Fact; as a result of these economics, the owners of some of those copper and nickel mines are closing the mines, putting those mines on care and maintenance in a Hail Mary that someday the commodity price will recover enough to someday make these mines economic. 
 
Fact; if those mines are shut in, the supply of cobalt will fall in tandem. 
 
Fact; geographically, roughly 53% of the world’s supply of cobalt comes from nickel and copper mining in Conflict Africa. This supply is at risk on the best of days. Even worse, there are ethical concerns involving child labour. 
 
Fact; the experts who specialize in this area are anticipating a 10 – 15% decrease in cobalt supply in 2016, resulting from a combination of ethical controls on the supply chain and mines being shut in. 
 
Fact; every battery used in an electrically powered vehicle needs cobalt. 
 
Fact; Tesla says it will punch out 500,000 electrically powered vehicles by 2018, each one of which will need an electric battery. Actually, each car will use many small electric batteries, each one containing lithium, graphite and cobalt. John Petersen’s work, supported by others, indicates that roughly 7,000 tonnes of additional cobalt will be needed to create the batteries for these vehicles. That number could be as high as 12,000 tonnes. Fact. 
 
Simple facts, easily verifiable by your own due diligence. Global demand is increasing while supply is decreasing.
 
So what do those numbers mean? 
 
Econ101 tells us that if demand increases and supply decreases, the price for the item must increase. 
 
Think of the last time you went to a bar and saw a live band. You’re having a great time and really appreciating the music. The crowd is moving and the band is smokin. The drummer makes your arms move. The guitar player makes your hips pivot and your hips swing. Then you look down and your foot is moving … you don’t even know it but your toes are tapping along with the groove. That’s not the sax solo, that’s not the singer … it’s the forgotten bass player who makes your toes tap. 
 
If lithium is the lead singer in Tesla’s band, cobalt is the bass player. 
 
Lithium gets all the media attention. It seems that every day there is another mining company announcing a lithium project, and those forays always reference Tesla directly or indirectly. Some of them are idiotic. Recognize that some of those are merely marketing plays, trying to shore up a disastrous stock price with blumphus and hoopla. These are the same companies that marketed a run at rare earths in 2009, at gold during its bull run, then at marijuana, and today they speculate with your investment money with passing references to lithium. 
 
But Tesla needs cobalt in the cells to be provided by Panasonic. Volkswagen needs cobalt. Honda needs cobalt. BMW needs cobalt. Demand is increasing and global supply is falling. 
 
You can probably name a dozen companies with a lithium asset. How many can you name whose primary asset is a cobalt deposit? Right. Think about all those facts above. Draw a conclusion as to what those facts mean. Then do one of two things. If you think Tesla is wrong and it won’t build those cars, it is now an obvious short. All shorts are high-risk, and this would be no different. 
 
But if you don’t believe in the Cult of Musk, then Tesla’s marketing machine has set you up for the fortune of a lifetime. 
 
If you think Tesla is even partially right, then the right answer is to leave the crowded lithium world to others and go find yourself a cobalt company. Take a large early position and wait for the rest of the investing world to join you. That’s where serious money gets made. 
Click to expand...

 
MGT was a pretty solid Pump N Dump but it can't hold a candle to VLTC's run from sub 1 to over 16 when Carl Icahn's stake was announced. Then, even bigger was Martin Shkreli's P&D on KBIO from sub 1 to over 40 in 4 days or so before it collapsed into a heap and went to KBIOQ. I got in at 18 and ran screaming at 26 in under 5 minutes.

There will probably be more pumps for MGT down the road but each one will be smaller, less spectacular and harder to time than the 1st one. VLTC had 3 P&Ds inside a year.

 
Enough with this oil crap, how is mgt doing today?  Up in a down market!  Going to $20 soon?

 
Last edited by a moderator:
Google on Thursday had a fresh US patent for a sticky coating that could be applied to self-driving cars so pedestrians stick instead of bouncing off when hit.

The patent describes a layer of adhesive on a car's hood, front bumper and possibly front side panels sealed with a coating that, when broken, would bare a gluey surface akin to fly paper modified to catch humans.

"Upon impact with a pedestrian, the coating is broken exposing the adhesive layer," read patent paperwork dated May 17 and listing the applicant as Google.

"The adhesive bonds the pedestrian to the vehicle so that the pedestrian remains with the vehicle until it stops, and is not thrown from the vehicle, thereby preventing a secondary impact between the pedestrian and the road surface or other object."

Google reasoned in the patent application that pedestrians hit by cars typically suffer further injury by being knocked or hurled to the pavement or other objects.

 
You must log in or register to reply here.

Similar threads

Andrew74
2025 FBG Stock Contest
2
Replies
76
Views
3K
SouthJersey
SouthJersey
Andrew74
2024 FBG Stock Contest
2 3
Replies
127
Views
6K
McBokonon
McBokonon
BLOCKED_PUNT
Hidden Gems
Replies
6
Views
433
Tick
Tick

Users who are viewing this thread

Total: 3 (members: 0, guests: 3)
Back
Top