"Yes AC...we can generate it with less fuel and create more output than the input into it."
Luke, That's a joke. You are describing a perpetual motion machine.
There is a big difference between elemental iodine, and iodine salts. The elemental form is two iodine atoms bonded together. The salts are simple iodine compounds,and they are in supplements, etc. What exactly are you talking about?
The iodine supplements are iodides, rather than simple elemental iodine. I checked, and it's true that a vapor of iodine atoms is an irritant, so Luke may have a point, IF we can verify that the cells can release pure iodine.
If you go into the vitamin section of any supermarket or health food store, you can buy an iodine supplement which is approved for you to swallow. This is because a deficiency in iodine isn't healthy. When you look at a package of table salt, you will see that it has iodine added.
I'm not saying that every compound of iodine and other element(s) is safe to ingest, because I'm not aware of all of the many possibilities. But iodine by itself is OK. A radioactive isotope of iodine would be good to stay away from, but I'm guessing they avoid using those in battery cells.
Over the long haul, the valuations do tend to get back to normal, either by the company increasing its successful earnings to finally measure up to the high valuation, or more likely by the price falling into line in a series of painful drops. But this can take a long time, and those who start betting on the correction too soon can have a rough ride. there is a saying that, "the market can remain irrational longer than you can remain solvent" [ "betting against it" ].
One can apply very reasonable analysis to crowd behavior like you are pointing out. But the behavior itself is irrational.
If one of us had posted on this board, back when TSLA was at 30, and claimed it would trade above 100 in 2016, the longs would have given numerous thumbs up. But if today we post that TSLA will trade below 120 in 2016, they will call us bashers and we will receive many thumbs down. The common perception of the price is based on what it has been recently and the perception of the direction it "should" go next is based on ones feelings about the company. It has little to do with any rational thinking.
There is a very good book by Charles Mackay, called "Extraordinary Popular Delusions and the Madness of Crowds" that includes one of the earliest descriptions of this type of human behavior. The first 3 chapters are relevant. It describes the tulip BULB mania in Holland to begin with, and then covers other examples.
"I don't know" is the most intelligent thing anybody ever said. Idiots have a definite answer for everything. But I didn't watch Yellen, and I agree that when testifying before congress, a FED chairman needs to act very regal and confident. The masses don't want to know the truth, which is that the FED doesn't know.
My read is that bids are thin and tentative, while the ask is thick, and some sellers are impatient enough to hit low bids without waiting for bounces.
You are like an aerospace engineer questioning the claim that Santa's sleigh can fly, and make 5 billion landings and takeoffs in one night. Of course you are absolutely right. But nobody who believes in Santa cares, because until they grow up, it obviously does fly. The presents were under the tree, right? There is a picture of the sleigh flying on the dept. store window. No kid want's to our your take on this.
Maybe they are just being conservative, because nobody really knows how popular EVs will get. Does GM usually announce difficult targets to hit before they get real market results? Eventually, if people actually do want the Bolt, wouldn't they adjust the price up enough to make money and build as many as the demand calls for? Maybe they may prefer to report a positive earnings surprise down the road, or at least meet expectations, rather than promise the moon and then disappoint.
You are joking, right? If not you may want to read the WSJ article about their "cash flow".
The relative strength of TSLA was very strong at the open. Now at 2:53PM ET, it has low relative strength. It appears to me there are sellers willing to supply as many shares as anyone wants. But they are not panic sellers hitting the bid impatiently. They are waiting for buyers to pay up to their offers, so that they don't tank the stock by selling quickly. Such sellers want out, but they are too big to dump their positions the way small traders can. That's just my take on one major influence today. Obviously it's not that simple, and many players have different trading plans. Anyway, overhead selling pressure is now holding any remaining covering influence in check.
Is it common for buyers of a $35,000 mass market car to put down a $1000 cash deposit 3 years before they could hope to expect delivery? I'm wondering if the typical model X or S buyer was a different type of customer. Can model 3 prospects be expected to follow the same pattern of behavior?