Featured

Livewire - Again - Joby Aviation - Unusual Machines

 From the verge of extinction to new life. It all happen with a few sentences offering guidance. The strange thing is that this news came out May 1st.




One dollar to three dollars in a couple of days. Why is this when the last real news about things was back on May 1st? Management is guilty doing a terrible marketing job over the last few years. But wait. It was public news for the last little while that a police department was experimenting with their electric bikes. If nothing else the use of this electric vehicles would be a moral booster to the lucky cops who got to play on them. What happens if more police departments agree to experiment  with these bikes? I followed this situation but stayed away. One dollar stocks are dangerous. Now here is it's three year chart.

While the companies fortunes may be changing I still will be staying away. I missed the boat. That's life. Here is one look at one series of it's next week options.
To be continued. A second stock with a  "it's to late to the party story" is what has just  happened with "Joby Avaition".

It jumped on this news.




Before we get all excited about this jump we have to look at it's one year stock price movement.
This stock has a history of jumping on news releases like this. Basically it's a stock to buy only when it seems to be in a period of being "out-of-fashion". 

A quick note about "out-of-fashion" options and you be the judge.

Here is a chart of "Unusual Machines Inc."  It's a five dollar stock. Options on $5.00 stocks can be interesting. This stock shows a pattern making surprise leaps. Will it jump again ? It's an obscure offering. Calls that expire in November.
One contract has sold so far today. November is a long time away. 

Comments

Popular posts from this blog

Living on Kraft Dinner?

The Little Engine That Could

A Fireside Chat - One Year Options and Thirty Day Options. Which is Better?