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The Guts To Play A Friday Morning Bounce.

This stock seems to jump up every morning. It's Super Micro Computers and back in March there was a big stink when their former co-founder was arrested for illegally trying to divert $2.5 billion worth of AI servers with advanced chips to China. Might it bounce upwards on the opening tomorrow? These Calls which expire tomorrow closed at the low of the day. Now Big Bear Ai. Could these Calls double in price on the opening tomorrow? It closed strong on the day today. Now my friend Ford, which faltered on the close today. Could it rebound back up smartly tomorrow? Traders don't like this chart and Call option trading today on it was light. Now Hertz however this time we are looking at Call options one week out. The stock jumped today big time. Here is some recent news. Look at this unusual chart. It's the kind of chart which can jump upwards on the opening. Now Disney and a series of Calls that jumped 250% on the day. Is there room to jump some more tomorrow? This is a ...
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Another New Electric Vehicle Player To Watch - Vinfast.

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 the United States. What a dumb time to listing a stock in this sector on the NASDAQ. I think the stock is in for a rough ride.
Down from over $80.00 at the start of the week to $29.49. What's to stop it from going to $15.00? Stay away until it builds it's new factory on U.S. grounds and gets it up and running. On a differing note, the big three auto companies in North American now have new companies like this one coming out of nowhere as competition. Competition is a good thing. Consumers are gaining more options. ** An Sep 6th update. The rough ride continues.
A Sept.22nd update.
EV stocks in this price range make me nervous.

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