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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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The Quebec Government Likes To Get Their Fingers In A Lot Of Pies.

Quebec is going full force on trying to go electric. Read these two clips.
Now this.
If you don't know about the company they make electric snowmobiles and electric jet skis. Yes or no. Would you invest in them and is this a good time to be making such a decision? Well the 15 million they recently raised isn't that much money to run a factory for any lenght of time. Then again, the Government isn't going to cry if they don't get their money back. It looks good on paper to be adding skilled jobs to their labor force. In the spring Taiga issued 43 million dollars in 10% interest convertable bonds. Ouch. They now have to crank up their production number just to pay the interest on these bonds. So many issues are now apparent. The good news is they now finally have two product lines to sell in the recreational vehicle segment of the marketplace. However their research and development costs continue .
Do people have money to buy these types of toys?
What happens to the jet ski part of the equasion in the winter? Do they continue building them or is that part of their operations placed on hold?
How much money is the company spending on research and development and is it enough? As a investor how much tolerance do you have for these kind of start up stories? Is this blog is just another distraction? You decide. It's chart will make many investors want run away. In some ways it should. This has being a tough year in the markets for most investors. Very few investors have appetites for these kinds of situations and some traders have had bad luck trying to trade Quebec based companies in general. Case in point is The Lion Electric Company (LEV). Tiaga's stock price has being in a downward spiral for three years. Here is a three year chart and a three month chart.
What a rough ride it has had.
There are no options on it to play. Imagine buying in a few years ago at over $10.00 a share to lose 90% of your investment? Crazy. Sad. Did the company offer it's shareholders proper guidance? The bottom line is that this company has borrowed enough money to survive the short term. Maybe, just maybe this company will be able to survive and prosper in the mid and long term. Stranger things have happened. The stock has dropped significantly in the last week on low volumes after making big strides in production numbers earlier this year. My advise is to keep this one your radar screen. Short term blips might become a new reality. This company is no longer seems to be in need of startup capital. That's a positive step forward.

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