Stocks

[Adriano@10]

Someone please comment on Tesla.
I love your reactions on this cult

Brother i just saw this it s from an 8k:

On June 24, 2020, Tesla, Inc. (“Tesla”) entered into an Indemnification Agreement (the “Indemnification Agreement”) with Elon Musk, Tesla’s Chief Executive Officer, for an interim term of 90 days (the “Bridge Term”). During the Bridge Term, Tesla is resuming its annual evaluation of all available options for providing directors’ and officers’ indemnity coverage, which it had suspended during the height of shelter-in-place requirements related to the COVID-19 pandemic. As part of such process, Tesla intends to obtain a binding market quote for a directors’ and officers’ liability insurance policy with an aggregate coverage limit of $100 million (the “Market Quote”), which Tesla will weigh in selecting an indemnity coverage option for a customary term following the end of the Bridge Term.



The Indemnification Agreement provides that Mr. Musk will provide, from his personal funds, directors’ and officers’ indemnity coverage to Tesla during the Bridge Term in the event such coverage is not indemnifiable by Tesla, up to a total of $100 million. In return, Tesla will pay Mr. Musk a one-time fee of $972,361. Tesla will also exercise reasonable best efforts to obtain the Market Quote, and will pay an additional amount to Mr. Musk to reconcile the one-time fee to be equal to the market-based premium for the Market Quote as prorated for 90 days and further discounted by 50%, if the latter amount is greater. The Indemnification Agreement is also subject to certain terms and conditions that are customary of indemnification agreements with corporate directors and officers.


The mother fucker is charging tesla 1 mio for a 90 days coverage, also i do wonder what kind of law suits are hanging over their had that no other insurer would provide it.
Also last but not least Conflict of Interest? How on earth is it allowed that the CEO insures the BoD?
Yet stock up 4% + mostly cause of another of elons "accidentally" leaked E-mails where he says their close to Break Even it s a fucken clown show.
Dont believe me check previous quarters and how often magically a email from elon leaked that influenced the stock and it s price but regulators are busy jerking each other off. This shit really pisses me off. Then again i ll gladly load up on new puts until this shitshow finally collapses.

Only good thing is that bezos sees the bs and is on it another article on the covid situation in the freemont factory by the wapo today.
Also yesterday another model 3 in autopilot drove right into a stationary police car. The FSD lawsuits are piling up by the day....

The thing about tesla that pisses me so off is that the motherfucker is hiding behind "saving" the world while acting as if he was a bond villan and those idiots believe him. Think he cares about the environment dude spends way more time in his private yet than in any tesla.....

Also see how he uses covid as an excuse to justify his weird dealings and his not so great performance and the fact that he has nothing to show on battery day. But he has no problem with covid and it s nothing serious when it comes to forcing your workers back to work despite a state law shutting the factory.
He s a despicable human being to the degree where i m pretty sure he s a jubentino and wears a nedved shirt to sleep.

Only good thing is that i ll make a shit ton if/when the fraud finally comes to light, but till then my nerves will get fucked.
/Rant

Forgot the cherry on top the mf increased the price for FSD noted a non existing product by 1000usd today.

 

[crzdcolombian]

Someone please comment on Tesla.
I love your reactions on this cult

Jesus H Christ almost $1,200? A share!!! Wtf are people smoking

Tho I know in Connecticut they are basically giving away solar and most companies use Tesla batteries for the homes as people know that brand. I assuming many other states in the US also do this but wasn’t Tesla like $350 at the start of the year. I been super busy with the kids and work haven’t followed the market since after the crash. But damn!!! They curse cancer, corna and make every person into captain America with a special pill to go up 3000%

 

[Adriano@10]

Jesus H Christ almost $1,200? A share!!! Wtf are people smoking

Tho I know in Connecticut they are basically giving away solar and most companies use Tesla batteries for the homes as people know that brand. I assuming many other states in the US also do this but wasn’t Tesla like $350 at the start of the year. I been super busy with the kids and work haven’t followed the market since after the crash. But damn!!! They curse cancer, corna and make every person into captain America with a special pill to go up 3000%

Nope all just hype they still sell cars. Also batteries means nothing to their bottom line.

Then again it s a 200 bio company where the ceo leaks a email that says they might break even and the SP jumps.

 

[Pimpin]

weren't they also supposed to generate most of their cash in future from their self driving, electric fleet of taxis? Moreover aren't they also a data company, because they'll collect "data"?

..the year is 2055, tesla does another capital raise, it can barely break-even, stock jumps to 1 billion after a leaked email revealed Musks ambitions to generate half of their money from interdimensional travel

 

[Adriano@10]

weren't they also supposed to generate most of their cash in future from their self driving, electric fleet of taxis? Moreover aren't they also a data company, because they'll collect "data"?

..the year is 2055, tesla does another capital raise, it can barely break-even, stock jumps to 1 billion after a leaked email revealed Musks ambitions to generate half of their money from interdimensional travel

Exactly it s all BS but what ever as i said before all one can do is roll over those puts and wait.

Also china reports car sales up 11% yoy.....So they dont even bother anymore to fake believable numbers they go straight to fantasy land.

Meanwhile covid sets new records and businesses are re shut buy stonks rally.

Also this was less material for a 200bio company then maybe breaking even? : https://www.businessinsider.com/tes...-systems-design-model-s-2012-2019-6?r=US&IR=T

Also illustrates why i hate elon he s a crook and has no problem putting his customers life at risk and those idiots love him for it.

In other news i think i m gonna buy some autogrill not the greatest company out there but imho Italy is gonna get flooded this summer with most europeans spending their summer in europe and most of them will travel by car i suspect. Now is autogrill financially sound? meh their short term debt load is slightly worrying but they should be able to cover and if not i m 100% sure theres gonna be a cheap loan from the Eu as they run 4000+ restaurants and gas stations, thats too many jobs to get lost now. They also run a couple of starbucks and BK s which i m not so fond of atm but what can you do....
Not a great play but imho worth looking at. Also according to reuters data their the cheapest amongst their peers and took the biggest hit this year.


CHanos on Tesla: https://www.youtube.com/watch?v=2CyMubVfsDc

LOL: https://www.reuters.com/article/us-...tent&utm_medium=trueAnthem&utm_source=twitter

So now tesla is building RNA microfactories in germany to help with the corona vaccine. Theres not a pump that is to low for this man to use. Sure a car manufacturer that is strapped for cash and struggling is building RNA microfactories on the side. Following theranos foot steps.
Also the second non existing medical device that the ceo announced on twitter the first one we re tesla ventilators that never got built.

 

[Adriano@10]

Not sure if this was mentioned but the us took a 29% stake in a public company: https://www.wsj.com/articles/u-s-tr...on-to-trucking-firm-yrc-worldwide-11593602409
WTF happened to the capitalistic system?

In other news another airline TAP of portugal will be controlled by the state from here on out as they found an agreement with current investors on the bailout.

If anybody is holding these stocks run after the initial pump chances of state owned businesses doing a good job in an open market are diminishing low.

 

[Pimpin]

https://twitter.com/cfromhertz/status/1278653736286650368

FINALLY SOMEONE DOING THEIR JOBS!

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https://thefly.com/landingPageNews.php?id=3119977&headline=AKAM-Akamai-upgraded-to-Outperform-from-Market-Perform-at-Cowen

alot of others raising their price too, lets fucking go

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5% up pre-market

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I think I'm becoming buffet junior

 

[Adriano@10]

https://twitter.com/cfromhertz/status/1278653736286650368

FINALLY SOMEONE DOING THEIR JOBS!

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https://thefly.com/landingPageNews....ed-to-Outperform-from-Market-Perform-at-Cowen

alot of others raising their price too, lets fucking go

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5% up pre-market

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I think I'm becoming buffet junior

Nice call bro also not sure you wanna be buffet junior in this environment....
Side note how perfect was my timing buying them on their dip down to 99.3

Also tesla delivery and prod is out 90650 delivered and 82272 produced cars in q2 thats -4.8% yoy with one factory more operating....
Hypergrowth they say of course no disclosure as to where those sales were made otherwise we could compare em with their peers in the us.
Even if we assume those figures are correct they re far from impressive.

 

[Pimpin]

tesla up 10% pre-market, 230 bn valuation? CMONNNNNNNNNNNNNNNNNN now, cmonnnnnn

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and yes def, these fucking "suits" as portnoy calls them, took months what a fucking fresh graduate in macedonia figure out way before them. Same with auditors at Wirecard. Fucking crooks.

 

[Adriano@10]

tesla up 10% pre-market, 230 bn valuation? CMONNNNNNNNNNNNNNNNNN now, cmonnnnnn

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and yes def, these fucking "suits" as portnoy calls them, took months what a fucking fresh graduate in macedonia figure out way before them. Same with auditors at Wirecard. Fucking crooks.

Yeah they added the value of FCA to tesla overnight simply insane and nobody does math any more apparently.

On another note job numbers in the us once again better than expected adding 4.8 mio jobs unemployment now at 11.1%, 12.5% was expected.
It s gonna be a pump day for sure.

Meanwhile permanent job losses have their biggest jump jet, if you have access to a bloomberg terminal check for: USJLPJLS

OHH and kudlow will be on bloomberg tv talking about that big beautiful V.....


Fuck i m done for the day thats all the bs i can take in one day: https://www.streetinsider.com/Rumor...upport+for+Wirecard+-+Bloomberg/17075697.html

Deutsche bank apparently considering financial support for Wirecard, this is getting satirical, might as well invite softbank to the party.
Just burn it all to the fucking ground.

And ofcourse the BLS said it made misclassifications again unemployment could be up to 1% higher. I guess they figured if china fakes it s number we might do it as well.

Ghislaine maxwell just got arrested... I can hear elon sweating

 

[Pimpin]

Oh ffs moderna..

 

[Adriano@10]

Oh ffs moderna..

Check how many insiders sold in the high 50s and 60s in the last days.....
13.8 mio shares sold by insiders in the last 3 months.....

 

[.h.]

747-8 production bring ended in two years

 

[Adriano@10]

https://wolfstreet.com/2020/07/02/n...r-statistics-while-labor-department-nails-it/

Good read on us unemployment numbers

TLDR: Department of labour yesterday said 31.5 mio are receiving unemployment benefits from either state or federal governments.
Heres a official link for the sceptics: https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20201323.pdf

Now according to the BLS the number of unemployed in the us is only at 13.7 mio +/- 1%...........
Numbers from the department of labour would also suggest that almost 1,3 mio additional jobs were lost since end of may.
Meanwhile the BLS claims they added some 10 mio jobs in the same time.

One of those agencies is faking its numbers and i d guess it s the BLS seeing as they already admitted to counting 1 mio unemployed as employed last week.

Also fuck 2020 how the fuck can we not trust bls numbers any more?

Side note checkout lemonade(LMND) Imho a clear short once lockup expired. Way overvalued for an insurance business and the AI they added does not move margins to a point that would justify valuation. Also their backed by Softbank.....
Lockup ends in december, one might also go long till then.

 

[crzdcolombian]

Not Stock related but I bought a house near my parents home. It was owned by the bank purchased it for 160,000. After 3 months of renovations mostly with just my dad and brother. Listed and sold for 290 . Put 20k into it. Only things I paid for was installing new siding and central air. I originally just started painting the house and then my wife said to just pay for siding. Cost 5k but totally worth it.

Feeling like a super Saiyan god We also bought another house in the same neighborhood for 150 that needs way way more work. This is my new side hustle as I just don't trust the markets any more. I put no money down basically and everything I bought for the renovations was on a 12 month 0% interest credit card.

 

[brehme1989]

Flipping houses is always nice.

The USA has a good market for it, out here we're quite fucked as very few people buy used houses and most people want newly built flats.
There are some minor opportunities in Athens for this but the market is small and it isn't very cost effective.
I'm reconsidering opening up for London again but I'm waiting for all this Brexit and Covid nonsense to lay their terms on the economy first!

My go to market for this in Europe has been Paris. I want to gain more knowledge on Milano though as I smell similar opportunities with less required funds.

 

[Pimpin]

https://www.cnbc.com/2020/07/05/war...gy-natural-gas-assets-in-10-billion-deal.html


Really interesting

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if the old man is betting on LNG it should be interesting.

 

[Adriano@10]

https://www.cnbc.com/2020/07/05/war...gy-natural-gas-assets-in-10-billion-deal.html


Really interesting

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if the old man is betting on LNG it should be interesting.

Agreed
The wirecard thing is still getting weirder by the day: https://www.ft.com/content/f697a093-4e1b-4ef4-9b16-820198e4a67f?shareType=nongift
Also no way in hell should db be allowed to buy any of wdi s assets/business divisions.

World pmi s above 50 for the first time since march i think, shanghei up 5% and us futures up 1.5%, once again investors are cray..
Fully risk on mode, i think thes pretty stupid as i d wager pmi s gonna fall again in june due to reclosings, benefits gettig phased out.

Also uber buys post mates for 2.6bio ......

 

[Pimpin]

uber is another company i really dislike, guys are all over the place.

On the other hand, I am very happy with my Shell bet seeing how Buffet likes LNG.

On other news, Tesla up 7% pre-market again.. Will this company become a trillion dollar one.. before it melts down

 

[Adriano@10]

uber is another company i really dislike, guys are all over the place.

On the other hand, I am very happy with my Shell bet seeing how Buffet likes LNG.

On other news, Tesla up 7% pre-market again.. Will this company become a trillion dollar one.. before it melts down

Yeah fuck uber glorified taxi company that makes losses every year and fucks over it s workers, also dont understand how they are 6% up after the post it announcement..

Man tesla what a shitshow this has become, and this after elon had a twitter meltdown after the boys in teslaQ answered to every of his tweet with pic of him and ghislaine and articles on his brothers and his ties to Epstein, was fucken hilarious with Elon asking his twitter army to report the mean bullies.
Also he handled the whole epstein saga so badly seems he s really worried about it. He had his ex wife tweet a story declaring that she was not a child bride procured by epstein for elon. Who the fuck does that? Also ofcourse her and Elons story on how and why they were at a epstein party dont match.

Man i m not sure the stock is so detached from reality it aint even funny, ill keep on rolling my puts over though as with every day that passes and with every additional piece of data i m more convinced that company is a fraud and at best worth 50 bucks per share and thats very generous.
Just an example of how disconnected tesla is from reality deliveries in q2 19 and 20 were practically identical Sp in 2019: 180$
SP now: 1200

copper taking a first big hit on the run up....



Also he started selling short shorts to tease the shorts. A ceo of a 200 bio company acting like a 5 year old and his fans are cheering him on. It s also interesting to see how institutional holdings of tesla keep on going down % of shares in institutional hands has never been this low.

In other news Idex is well back on its way to 0.3 cents.

Also gonna ride lemonade till the december lockup is over
And i ll buz some nok with huawei beeiing out in the west when it comes to 5g nok and ssun should profit.