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Exxon And Tesla One Week Options

Exxon's five day chart is obviously going in one direction. Last Friday was a strong day for the markets and Exxon jumped up even more. Here we are now on a Monday morning and this week's Call and Put options are priced equally. Which one is going to win? As usual, there is more interest in the Calls than in the Puts. Let's also look at what might happen with Tesla this week. Oct 10th is now touted as being a "make or break day" for Tesla as it will be their "Robo-Taxi-Day". I am not a big fan of trying to play Tesla options with one week to go because their premiums are so expensive. As for Exxon, I would be more inclined to follow the direction of it's recent trend. Let's watch and see what happens. To be continued. 1) Obsevation #1 on a Monday morning. Look at this. Early into the morning trading the Puts have dropped down from the $1.80 level. Can you see how tight the "bids" and "asks" are. This helps to make them pl

Odd Burger... Symbol "Odd.V"

A London Ontario, Canada company. A dollar a share listed on the Vancouver stock exchange. Low daily trading volumes. A vegan fast food chain with plans to open 20 restaurants in the next year. Visit their website and check out their menu, or better yet try it out. Go to Sedar.com and read the 'management discussion analysis" for the nine months ending June 30th. 2021. My notes. Lost $3.5 million in the last nine months (a huge amount of money), revenue $257,401 for the quarter, spent in excess of $2.5 million in listing expenses and $422,954 in professional fees (I have heard of other companies exiting the Vancouver Market to go off to the Nasdaq). To be in business now costs big numbers, wages $391,835 for the most recent quarter verus $6,569 for the quarter before it. How could that be? Investors can't be happy with the irregularites with these kind of numbers. This is a start up company. What a scramble. Might they be overly optimistic in their rollout plans because of Covid? A hundred different questions need to be answered. Will there be a line up of new customers at their front doors twelve hours a day trying to discover what they have to offer? That's what is needed to be successful. So much to consider. Such a limited operationing history and so much money flying out the door in organizational costs. Can these monies be recouped and were these monies spent prudently? What a gamble in trying to go public so early in the game. What is the short position in this stock?
Do your own homework. Walk away if some of the red flags I just mentioned bother you. The end.
***AN APRIL 14TH UPDATE. Here is a now current chart and now current news. It's not good.
This kind of a private placement is something I would call "double dipping". It's not what I like to see.

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