...more and more vertical integration. The bright side is: Elon doesn't give a cr*p about Wall Street. In the end, it will all be good. Look at Amazon, Google, Apple and how they did not listen to Wall Street... you will see the same thing unfolding with Tesla. This is the same reason why SpaceX is not a publicly traded company. You cannot price the value of such new companies with Wall Street cut/paste templates.
LACDF is my preferred stock from all of the above.
with such a small market cap and partnership with SQM, it is poised to take off. A $1B market cap would mean almost 5x profit from current levels.
LACDF has a project with SQM which can bring a lot of windfall profits from Lithium price gains. With such a small market cap, it is poised to move much higher.
More than 10,000 hedge funds.
More than 3 trillion dollars in asset all combined.
All of them chasing alpha!
No wonder, stocks get shorted to oblivion and bought so irrationally.
Shares can freely be purchased by any union members. Why is the shareholder-envy for a stock that has not shown positive real return since the year 2000?
and then we get this dilution...
It was intentionally held back to donate shares at cheap prices to somebody.
This smells fishy.
This doesn't look right... Right now, the fundamentals for the sector are best in about 5 years time frame. Execs must have been more reluctant to dilute the stock in such a time where all silver miners are moving higher and higher. A shortage of stock and equity could have caused more price gains...
but what do I know... there must be something to explain this. Is this really good for existing share holder? If so, how?