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Noble Corporation plc Message Board

drwiggin 1 post  |  Last Activity: Jun 25, 2015 2:25 PM Member since: Feb 21, 1999
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    by pwdyfan420 Jun 25, 2015 2:08 PM
    drwiggin drwiggin Jun 25, 2015 2:25 PM Flag

    At some point the company has to keep up with the PR machine. The Tesla car is way cool, but the company doesnt make money. The amount of tax credits they have been given is astounding. The in house battery is enough to charge a dorm refrigerator. Again, it is really cool. The transportation train is futuristic, but it defies physical laws. Everyone would show up to their destination vomiting their guts out. Space-x is not tesla.

    Everyone wants this company to be astounding. Musk continues to amaze. But really, the fundamentals of this company are not good. It has dreams. Big dreams. Cool dreams. Dreams of a better life. Still, they are dreams and one day the market is going to wake up and if the losses continue to pile up without a profit in the forseeable future, there are going to be bagholders. Enjoy the ride up, because the ride down in a popped balloon can be pretty rocky.

    Sentiment: Strong Sell

12.70-0.32(-2.46%)Sep 1 4:00 PMEDT