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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

Will Fisker Survive?

Maybe. They have whimical t.v. commercials. I want one, but why they make claims to using recylicable materials in their vehicles is something I don't totally understand. Here is it's 5 year, 30 day and 5 day chart.
Image buying near the top and then averaging down? What a mess for existing shareholders. So what is happening now? Auto Trader in Canada has two used one's for sale. If the company goes under will replacement parts be available?
Fisker now needs more $$$$ to survive. Is the next step finding a partner and / or issuing more shares? Their product lines are strikingly beautiful and their name does have some brand recognition.Yet there is a big probem.
A loss last year of $762 million. That's a crazy big chunk of money. How did they get themselves in such a big mess? Now with the added bad publicity of potentially going bankrupt the path forward is even that much more difficult. .
Miracles have happened. Look at how Canoo, another struggling E.V. maker regained some ground this week.
Now this. Fisker Call options. They are pretty stupid to be looking at given that a drastic reverse stock split is probably imminent. Look at what happened to Faraday Future Intelligent Electric Inc.
A one week pop the $.30 cent level would make these options double. (You can't go any further out that September Calls). Might Fisker rebound to $.30 cents per share? It was there only a few days ago. Guess what? It's not worth the risk. So what even if it does. The real money was made in shorting it months ago. Stick to Caterpillar Calls and Puts. Caterpillar is not going to go away anytime soon. ** A March 18th 9:28 a.m. update.
Now this.
A March 26th update.
An April 12th update.
The short sellers win.

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