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Showing posts from September, 2023

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A Weekly Review Ending The Week Of Oct.4th

Let's start with the stock Ford. It's up. That's something that doesn't happen very often. Ford hitting a new 52 week high. Try and follow Friday's one day option action. Here is how two series traded. Both the 12 and 12.5 series of Calls exploded on Friday. But wait, there is a twist. The action didn't really happen until 3:00 p.m. which is the time retail traders needed to be out of their position if they were playing this weeks option series. An equal amount of action happened with next weeks Calls shown below. Here they are. ............. ........................................................................................................................................... 2) I did a blog on the Canadian company "Dragonfly" back on Sept.20th when it was trading at $4.42. The January 2026 five series of Callsat that time were trading at $.55 with only 91 oustanding contracts open. The printout below illustrates that. Here ...

Buying Back Shares To Help Lift The Stock - EV News Again

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After years of work they now have three truck sales. Now this. Would I be buying this stock? NO. Another reverse stock split seems to be in the wind. On a differing note "Faraday Future" is busy running around race tracts breaking speed records. I guess they are burning off steam after recently doing a 1-80 reverse stock split. Image that! Yes it really did happen. What a crazy race to go electric.** Now Mullen again one week later. **** An update in July 2025.. Nothing has changed much. We still have struggling car making companies.

Pension Funds and EV Stocks - A Need To Be Part Of The Action

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Pension funds invest in EV stocks. Currently Lucid is 81% owned by institutions and 4% insiders. Rivian is 63% owned by institutions and 12% insiders. It's not the average guy on the street who own these two stocks. What do institutional investors know about stocks in this sector that we don't? Tesla is 44% owned by institutions and 13% by insiders. Workhorse is 33% owned by institutions and 4% insiders. In contrast Polestar is only 4% owned by institutions and 47% by insiders. Lucid and Rivian are both up and running with production output. For this reason they both seem to be gaurishing an inordinate amount of attention. Please now read this. After you finish reading this I will tell you what I think. It seems to me that institutions are out in the garden patch whimically putting EV stocks into their basket. What a dangerous voyage of discovery. Yet what floats the boat is Tesla which has had a wonderful run. The scary part is that this stock has a P/E ratio of 71:80-1. The ...

Another New Electric Vehicle Player To Watch - Vinfast.

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Do you remember Polestar going public at $10.00 a share? Look at how it has struggled. It dropped further this week on a disappointing quarterly earnings report. Maybe next week it will bounce back again. It's still in business and advanced new models are soon on the horizon. It could be like the Nio report last week. Nio bounced back after reporting a quarter of lower production numbers. Other upstart electric vehicle companies like Rivian and Fisker are also struggling to be profitable. Remember I recently mentioned Faraday Future doing a 70 for 1 reverse stock split? How crazy was that? A ten for one reverse split would have got them over the magical $1.00 mimimum trading treshold and kept it as one of the most actively traded stock on the Nasdaq. Here is how it traded this week after their announcement. Their stock in now sinking into oblivion. Then there is a newly listed Vietnamese company called VinFast with vehicles arriving to North America and plans to buld a factory in ...