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cornergrinders 91 posts  |  Last Activity: 9 hours ago Member since: Oct 24, 2012
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  • Reply to

    +5% yesterday, -10% today

    by win8815 10 hours ago
    cornergrinders cornergrinders 9 hours ago Flag

    That is the 3rd earnings in a row posting a profit give your head a shake they are doing well.

  • Reply to

    Traders driving WLCDF's stock down

    by patienceisvirtue54 Aug 14, 2014 10:38 AM
    cornergrinders cornergrinders Aug 14, 2014 5:31 PM Flag

    I am going to buy some more at these prices I didn't think it would come back down this low.

  • cornergrinders cornergrinders Aug 13, 2014 8:20 AM Flag

    you should read the news fella

  • Reply to

    Did all the shorts get bored or what?

    by mejustme3333 Aug 11, 2014 2:53 PM
    cornergrinders cornergrinders Aug 11, 2014 7:11 PM Flag

    ouch

  • Reply to

    Did all the shorts get bored or what?

    by mejustme3333 Aug 11, 2014 2:53 PM
    cornergrinders cornergrinders Aug 11, 2014 3:24 PM Flag

    RENO, Nev. -- It's yet to be seen whether Nevada can cover what Tesla Motors says could be $400 million or more in the winning state's share of the cost of its $4 billion-$5 billion battery "Gigafactory."

    The decision now rests with the Silver State's Legislature, which could be called into special session on the issue.

    State officials, watchful of other competitors in the running like Texas and California with immensely more financial might, are saying little since Tesla on July 31 disclosed the graded pad at the Tahoe Reno Industrial Center, making Nevada a finalist for the coveted lithium-ion battery plant.

    "We are still in a position where we are having ongoing negotiations and discussions. Our conversations with the company (Tesla) continue. Outside of that, no comment," said Steve Hill, executive director of the Governor's Office of Economic Development, the lead agency in Nevada's quest.

    Tesla, the electric car maker, wants to build one of the country's largest battery factories to make cells for a planned next-generation car. it is partnering with Panasonic in what it calls the Gigafactory, expected to create 6,500 jobs in a building as big as 10 million square feet. Meantime, the pad in Storey County, outside of Reno, sits while Nevada works behind closed doors to fill it.

    State economic development laws allow several incentive programs from personal property, sales and business tax abatements to sales tax deferrals, according to a Legislative Counsel Bureau report earlier this year.

    Any changes or additions would require legislative action, and Nevada's biennial Legislature won't convene again until Feb. 2, 2015.

    That appears beyond Tesla's timetable.

    CEO Elon Musk, speaking on July 31 to Wall Street analysts, said he expects the winning state to cover "maybe 10%" of the gigafactory's cost — the $4 billion-$5 billion figure is the cost through 2020 — and grading will be done in one or two other states with a final site selected "in the next few months."

    Given that time frame, it would take a special legislative session to make statutory changes aimed at the Gigafactory. On that question, Republican Gov. Brian Sandoval, who by law is the sole authority to call a special session and set the agenda, refuses to comment.

    But not all legislators are in favor. Assembly Speaker Marilyn Kirkpatrick, a Democrat from North Las Vegas, isn't sold on a special session.

    "We are constrained by the Constitution to just give money. We don't have a checkbook such as Texas has. A special session does us no good," she said.

    She also cited concerns about the cost of a special session that, according to Legislative Counsel Bureau Director Rick Combs, typically can run $25,000 to $40,000 a day.

    In the quest for Tesla's Gigafactory, "I believe we could probably get together a great package of incentives, unique opportunities in Nevada other states don't have," Kirkpatrick said, citing lower taxes and job-injury insurance costs, quality of life and speedy permitting.

    "We're within the discussion," she said. "I believe the state is willing to put everything we have available on the table. I hope that will be enough. In the end, we'll prevail. That's my hope. (Tesla) will just have to choose."

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  • cornergrinders by cornergrinders Aug 11, 2014 9:50 AM Flag

    I hope we get some news this week to start some rolling.

  • cornergrinders by cornergrinders Aug 9, 2014 12:31 PM Flag

    Jaso will rise next week.

  • cornergrinders by cornergrinders Aug 8, 2014 5:02 PM Flag

    Tesla Motors has five Southwestern states – Arizona, California, Nevada, New Mexico, and Texas – on the ropes. Each would love to land the company’s massive, $5 billion gigafactory for battery production. Tesla has acknowledged breaking ground on a potential site in Reno, but is keeping its options open. State politicians, economic development officials, governors and senators are falling over themselves to bring the economic development bacon, and the promise of 6,500 manufacturing jobs, home.

    Enter Republican Ted Gaines of Roseville, who represents California’s 1st Senate District. He’s also running for the statewide office of Insurance Commissioner and is the legislature’s most vocal critic of what many call “Obamacare.”

    On Friday, Gaines will tour Tesla’s factory in Fremont. Then he plans to show up at Tesla’s Palo Alto headquarters with a “symbolic gift” for CEO Elon Musk. He doesn’t have an appointment with Musk, who may not even be there. Musk travels extensively and also runs SpaceX.

    What is the symbolic gift? An oversized check for $500 million? CEQA in a shredder? Gaines wouldn’t say: we’ll find out on Friday.

    “I am doing everything that I can to communicate that California is serious, and we’re going to win,” said Gaines in an interview Thursday. “I don’t buy that Reno is the front-runner in the line. The Nevada legislature isn’t even in session. How can they cut a deal? We can put together a package that makes us competitive.”

    Gaines and Senate President pro Tem Darrell Steinberg (D-Sacramento) are co-authors of SB 1309, a bill that aims to entice Tesla to build the factory. There’s about a month left in the legislative session to get the bill, which currently just has intent language, done.

    State Senator Ted Gaines

  • Reply to

    WL - Reno Proposed site.

    by hedgeapples12513 Aug 8, 2014 4:34 PM
    cornergrinders cornergrinders Aug 8, 2014 4:58 PM Flag

    what is it

  • Reply to

    Selling

    by cornergrinders Aug 7, 2014 9:48 AM
    cornergrinders cornergrinders Aug 7, 2014 2:42 PM Flag

    It won't bounce back today

  • cornergrinders by cornergrinders Aug 7, 2014 9:48 AM Flag

    Who drops shares .06 cents lower at the open and brings it down so quickly so stupid.

  • Reply to

    JKS lawsuit

    by querytoday Aug 6, 2014 2:45 PM
    cornergrinders cornergrinders Aug 7, 2014 9:38 AM Flag

    what lawsuit?

  • cornergrinders cornergrinders Aug 7, 2014 8:31 AM Flag

    That my friend works very well

  • cornergrinders cornergrinders Aug 6, 2014 9:30 PM Flag

    Who is Zulily?

  • Reply to

    woof

    by raretobehaa Aug 6, 2014 1:58 PM
    cornergrinders cornergrinders Aug 6, 2014 2:50 PM Flag

    hehehehehehe loser

  • Reply to

    Gradual Recovery on Low TSX Volume

    by saltyolddawg Aug 6, 2014 1:47 PM
    cornergrinders cornergrinders Aug 6, 2014 2:49 PM Flag

    It is still so early for big movement the big move will be 1 year away

  • Reply to

    Is Orion Selling on TSX

    by saltyolddawg Aug 5, 2014 12:12 PM
    cornergrinders cornergrinders Aug 5, 2014 1:58 PM Flag

    sell off on the American side today some people making a quick buck

  • Reply to

    Watch TSX Roar Tomorrow

    by saltyolddawg Aug 4, 2014 10:58 PM
    cornergrinders cornergrinders Aug 5, 2014 8:48 AM Flag

    Should hit .85 on the TSX today with lots of volume.

  • cornergrinders cornergrinders Aug 4, 2014 2:41 PM Flag

    Don't forget we will probably see a stock split 2 for 1 or 3 for 1

  • cornergrinders by cornergrinders Aug 2, 2014 8:33 AM Flag

    SPARKS, Nev. (AP) — A sprawling industrial park near Reno where wild mustangs roam among the sagebrush has become the focus of Tesla's unusually secretive site selection process for its $5 billion battery factory, but the groundwork taking place is no guarantee that the plant and its 6,500 jobs are coming.

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    [video] Is Reno the Location of Tesla's $5B Gigafactory? Bloomberg

    Lance Gilman knows the bidding war with Texas, California, New Mexico and Arizona has just begun now that the electric-car maker has confirmed the first stage of preparation for a "gigafactory."

    Gilman, principal and director of the Reno Tahoe Industrial Center, still likes the chances that his site east of the high desert suburb of Sparks will land the giant lithium battery plant, in a state still recovering from multiple years of having the nation's highest unemployment rate.

    "If you talk about a horse race, no one else I know of has even left the starting gate," he told The Associated Press. "You are looking at a piece of property that is ready to go tomorrow."

    Tesla chairman and CEO Elon Musk told investors in a webcast Thursday that the company wants to do similar site work in one or two other states "before we actually go to the next state of pouring a lot of concrete."

    Officials for the other states confirmed Friday that they're still in the running.

    "Given Reno's geographic proximity to Tesla's California headquarters, it should be no surprise that it would be identified as one of the possible sites," New Mexico Economic Development Secretary Jon Barela said. "Tesla remains a prized economic development target, and we are still very much in the game."

    California Gov. Jerry Brown's administration has refused to detail what incentives or concessions it's offering to lure Tesla Motors Inc. to build the plant in the company's home state, but legislation recently enacted to create a $420 million tax credit for Lockheed Martin also included language to help battery manufacturers, at his request.

    Texas Gov. Rick Perry's office confirmed Friday that the Lone Star State is still in the hunt but declined to comment further because of "ongoing negotiations." Perry has made several trips to California and has lobbied Texas lawmakers to address state laws that prohibit Tesla's direct sales model from bypassing car dealerships.

    In Arizona, Tucson Mayor Jonathan Rothschild said he doesn't believe Thursday's announcement makes Nevada the front-runner. He said Tesla officials "were very clear that they've chosen no site yet."

    "We have a package that Tesla has, and that package is confidential, but what you try to do is roll out the red carpet and make it as economically viable as you can for any company that wants to come in and bring 6,000 employees," he said.

    Musk has said the gigafactory will help Tesla reduce its battery costs by 30 percent. It needs cheaper batteries to produce its mass-market Model 3, an electric car that Tesla hopes to have on the road by 2017 and would cost around $30,000. The company's only current vehicle, the Model S sedan, starts at $70,000.

    Guards at the sprawling Nevada industrial park that Tesla is preparing wouldn't allow a reporter access to the potential site Friday.

    Across from the industrial park's entrance near Interstate 80, Golden Gate truck stop manager David Collier said he's seen trucks coming and going and heard rumors about Tesla but didn't know what to make of it.

    "I just know we're busier," Collier said Friday. "I didn't know until last night when they said on the news that they have broken ground. "Anything like that would be good for us. We're the only truck stop out here."

    On the Tesla webcast, Musk said, "At this point the ball is in the court of the governor and the state Legislature."

    Gov. Brian Sandoval, the mayors of Reno and Sparks, and state and local economic development officials have refused to discuss what incentives, if any, might be offered to make sure the factory is built there.

    The site about 200 miles from Tesla's Palo Alto, California, headquarters is near the Union Pacific railroad and significant lithium deposits, in a right-to-work state with no income tax and abundant solar and geothermal power resources.

    "The reason we are still being considered is because this area is a wonderful place for manufacturing," said Mike Kazmierski, president and CEO of the Economic Development Authority of Western Nevada. The cost of doing business in the state is 30 to 40 percent lower than the cost in California, he said.

    "We are very business friendly," he said. "You can get a permit expedited in days rather than months or, in some cases, years."

    Gilman said about 23 square miles of the 167-square-mile industrial park is already equipped with fiber-optic lines, utilities, and roads that pass warehouses for Wal-Mart and PetSmart, among others. That has been key to Tesla, which is determined to minimize "scheduling risk" as it races to get the plant up and running to meet growing demand for its cars.

    John Boyd, a principal of Princeton, New Jersey-based site selection firm The Boyd Co., has reviewed the industrial park several times in recent years for distribution and data centers.

    "That site is the nation's largest industrial park. It is very appealing with all the infrastructure and an abundance of green power," he said.

    But Boyd said he believes Texas and California both still can make strong bids.

    "Tesla will be able to leverage this for additional incentives of course from other states," he said. "I think it would be foolish to write Texas off."

    Longtime Sparks Mayor Geno Martini said it's hard to imagine how much the plant would benefit the economy of the Reno-Sparks metro area, which is home to about 425,000 people.

    "I really don't know that I've got anything to compare it to, really," he said. "It's probably one of the biggest projects I've seen in my lifetime."

    But he also remains cautious.

    "Nothing is cast in stone until they sign on the dotted line," Martini said.

    ___

    Associated Press writers Barry Massey in Sante Fe, New Mexico; Juliet Williams in Sacramento, California; Emily Schmall in Fort Worth, Texas; and Astrid Galvan in Tucson, Arizona, contributed to this story.

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