Featured

Part Two Of What McDonald's Is Doing?

Nobody knows whats going to happen tomorrow. Let's jump forward. $1.64 or $164.00 dollars plus commissions will buy you one "310" series of Puts. In the first twelve minutes of trading only one contract traded. That just shows you how dangerous these option contracts can be. We are not talking about a one day move at this point in time. For option traders holding positions like this which were bought for quick flips an hour of watching the stock becomes a guessing game. Here it is now about seven minutes later. Note this, the pain continues? What's the DJIA doing? This becomes the path you are now on and it's to early to think about it becoming a dead end. If you still like the situation then yes you should buy more if you can afford to lose. Perhaps you made a big score on Disney Calls on the previous day. I have talked about that. Now this at 11:09 a.m. Still the same number of contracts traded. Hold these thoughts. Look at how the 310 Puts and the D.J...

The Regulation Of Forward Looking Statements

Did you read the fine print of my Sept. 27th blog about Zen Graphene Solutions? A newish company making claims to be able to crank up production to fill the demands of a new ingredent used in the production of Covid masks. Click around the internet and find out the number of employees they have. Not many. Their new partner is not a listed company. Why are they talking about an estimated capacity to coat the equivant of 800 million masks per month? That many, really? In a similiar sort of way, in my Sept. 16th blog I talked about Limestone Boats and their claims to be able to crank out 550 boats next year. A picture in that blog shows their first two boats being shipped out for motors and sea testing. Without a track record of making boats this year how can they justify such a number? Then there is Odd Burger. I talked about this stock on September 6th with plans to open 20 restaurants next year. How did they pick the number twenty? Why not ten? How do you plan for twenty when you currently have only a couple now open. How can you open new restaurants when their tract record of making money does not exist? My point is that forward looking statements need to be quantifiable and in many instances they are not. Why aren't our regulators jumping all over this? Its scary that they are not. Then there is Lamperd Lethal Weapons I mentioned in a Jan 6th blog. On that day it traded 69 million shares and tripled in price. When the riots broke out at the White House in Washington last year the police who were there used the Lampard Less Lethal body shields. Why wasn't a press release issued on that occuance? Why aren't they now putting out press releases on things like new shipping orders to new clients in different countries or changes in exporting rules which benefit their abilities to do more busines? Ford did things differently in their press release a few days ago. They made a statement to the effect that "the Tennesse assembly and battery complex will be about three times the size of Ford's sprawling century old Rouge River manufacturing complex". What a clever spin on things. My point is that press releases or lack thereof need to be more highly regulated. Here now is Lampard Less Lethal's year-to-date chart pattern. It is a dangerous stock to play. It now trades at a penny and one half. The only way to get more dangerous than that is to have it trade at half that price. That might happen if they don't capitalize one the use of press releases to inform the public of developing trends.

Comments

Popular posts from this blog

Waiting For A Drop On The Opening On Bad News - Eli Lilly

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?

Another Blog On "Vinfast"