Let's not forget the accident in Mexico involving the Tesla Model S....."This was a significant accident where the car was traveling at such a high speed that it smashed through a concrete wall and then hit a large tree, yet the driver walked away from the car with no permanent injury.
Let's not forget the accident in Mexico involving the Tesla Model S.....This was a significant accident where the car was traveling at such a high speed that it smashed through a concrete wall and then hit a large tree, yet the driver walked away from the car with no permanent injury.”
amatson007. I thought the same exact thing when I saw the news of the crash. How come there is no negative press against Porsche or talks of a NTSB inquiry???????????????????? The car completely burned to the ground. See for yourself.......http://www.youtube.com/watch?v=gL3lL5kay4g
The Icahn group entered into a standstill agreement on 10/7/13 with Nuance Communications. under the terms of the agreement The Icahn Group has agreed not to solicit proxies regarding any matter to come before the 2014 annual meeting. The Icahn Group has also agreed to not own more than 20% of Nuance issues and voting stock. This agreement is in effect until after the 2014 annual meeting. As we all know, The Icahn Group was awarded two board seats expanding Nuance Communications board to eleven seats. Nuance agreed to including recommending that the Company's stockholders vote in favor of the Icahn Designees.
Putting this all into perspective. Nuance put the poison pill into effect. In my opinion, The Icahn group found the above strategy effective in order to implement the beginning of change needed to boost the share price. The Icahn group had to know what they were dealing with when increasing their position to roughly 17% currently. Mr. Icahn tweeted on 10/8/13 that he was optimistic of the impact the two board members from his group will have on Nuance Communications. He went on to write that their impact will be similar to HAIN, where the stock went from $20.20 to $79.56 over the three years his members sat on their board. I do not think The Icahn group closed their position in Nuance Communications today. The media loves to create fear and are good at it.
Unfortunately in today's markets. Most people have short time spans and want results now! Make that Fast Money! Unfortunately in business their are cycles, turnarounds, bad management and other issues that take time to iron out. For all those interested, in my opinion, NUAN is a stock for those with a long term horizon. Of course their will be those trading bounces, pullbacks etc...In the long run NUAN can be a winner with The Icahn group making necessary changes to management, selling non-core assets or flat out effecting a sale of the company. Do your research before purchasing any stock. GLTA.....
i agree with you razz....
I agree that Boeing was not selling at 17x sales. Investors and traders did not care. They still panicked and sold, driving the share price down for a few days. The share price recovered and then some after the overreaction was realized. Same thing will happen with Tesla. Nothing has changed about the company. In my opinion, the bears were looking for a sick horse so they could keep kicking it until it dies and then keep on kicking it. This incident maybe considered that sick horse. How many articles can there be put out about one incident? How many posts on message boards say the same negative things. You are saying the same things the other bears are saying. Every company has a hiccup. They are judged by how they deal with those hiccups. Investor psychology plays a big role in this situation. You can make money long or short on a stock. The past few days if you were short, then, you made some money. Tesla has quite a few catalysts in the near future. We will see how they are received.
Did you read my post???? I did not claim to know what happened. Wow!!! You like others have lots of questions. Understandable, however, once again as i wrote in my earlier post. Only the driver knows exactly what happened. Everything else is speculation and in this case mostly negative. Making a decision on a stock purely on an isolated incident makes absolutely no sense unless a person is a follower. Unfortunately, most people are followers.
This morning on CNBC Squawk on the street. Jim Cramer was defending Tesla. David Faber did not want to comment on the situation because "he was not there." I personally find it interesting how people act like roaches. Once the light turns on everyone runs for cover. There is a Youtube video circulating and everyone is putting their personal negative opinion on it. Nobody besides the driver actually saw what happened prior to the car was in flames. I am not going to add to the nonsense. I will however, comment on a situation earlier in the year involving Boeing. The media created panic. Message boards were negative. The people who live in constant fear and who are influenced by Cramer and the rest of the media who do not have crystal balls sold. The stock price dropped initially due to overreaction. Fast forward...Boeing rebounded and then some. After all of the fuss, after all the negative press. The stock price rose pretty quickly. I find the negative posts on here pathetic and without substance. Do your own research and form your own opinion. Independent thinkers are successful investors and traders.