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Twenty Four Cent Boeing Calls On A Friday Morning With A Rally On The Day of Over 400 Points.

Boeing is one stock you can mess around with on Friday mornings. It can move like $5.00 in one day and it's last day to expiring Calls and Puts often pay off big time. Here I am this morning looking at it's five chart. I like the fact it opened stronger and then came off. Look at these two "out-of-the-money" series of Calls that expire today. It's a gamble that requires Boeing to go up. That's why them are priced so cheap. A lot can happen in the next five hours of trading. Look at how it was trading at a higher price on the previous day. Notice the 60 and 62 percent drops in value on these "out-of-the-money Calls" in the first eight minutes of trading. Now this. Boeing continues to stall out. Now let's jump forward to the 2:50 p.m. time period. The deadline to get out is 3:00 p.m. ... So what is the takeaway? A strong market helped the outcome. The $.24 cent options hit a high of $.79 and the $.55 options we first looked at jumped as high a...

$1.00 Stocks Can Go Bankrupt - Polestar

 There is a danger in playing one dollar stocks. That plus they can be boring to watch. Many look interesting but owning them is a gamble. Here is Polestar. 


Here is it's ten year chart.
It's Swedish owned. Like many startup electric vehicle companies it's debt structuring is complicated and their focus on keeping their shareholders happy is low on their priority list of things to do. That's understandable. They also make some of their vehicles in the U.S. so the tariff issue is not going to be an issue. Their vehicles look kind of boring but that's because they are Swedish inspired. Money was waisted a few years ago on "super bowl" advertising. Here is how they are  currently doing. Things look better but not enough to reverse the negative sentiment hanging over it's share price. The path forward to positive earnings is uncertain as all electric vehicle manufacturing companies are facing challenges. In China some analyst say that it's a race to the bottom. 
Is ramping up productions going to be the magical solution? The answers is not really. Economies of scale don't really happen until production numbers are increased  like tenfold. There are no options to play on this stock. This stock truly is a puzzle. Rivian  and Lucid are two other electric vehicle companies sharing this space but both have backers who are pouring money into them in the hope of better things to come. I would buy Polestar at $1.25 but not at $1.00. It needs more good news to make it go.
The short interest in this stock is something like only 2%. Do your own research. If this stock starts to take off existing shareholders who bought in at higher prices might decide to average down. *** One dollar stocks are one dollar for a reason. They are a risk!

**** A July 10th update.

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