Not newsworthy because they were all black on black crimes and that doesn't help Democrats.
Emails "missing" from the 6 people most involved in the IRS Scandal. Not newsworthy because that doesn't help Democrats
GDP for year through end of June up 1.4% average rate . Not reported because not good for Democrats
Obama at 39% in the polls not reported becaus3e not good for Democrats
Obamacare at 33% support-not reported because not good for Democrats
World on fire not reported because not good for Democrats
Josef Goebbels would be proud.....
These Option Boys are flat out criminal. Imagine if you bought the 70 puts for today last week and since you did;
SCTY took all numbers down for the year
Losing 1 million a day now with no end in sight
two firms said scty can not and will not keep share advantage and financing advantage
AND the mkt sells off because of war in Russia
and your 50 times sales stock losing 1.1 million a day-is up.
You will never beat the option boys short term...never.
No doubt...I will tell you...if it does go below 70 today it could drop to 64 area quick...but the Option Boys have clearly been blocking 70 all week.....
After rallying out of no where early and completely destroying the puts near term for today now the sell off will kill the calls. BUT the news out of Russia means they will have to trade more today to keep 70 afloat. there has not been any NET BUYING SINCE EARNINGS yet the stock is above 70. Even after yesterday when two firms said scty can not continue with market share and financing advantages.....but I wouldn't worry today longs. it looks like The Boys got it now....problem is...you never know when they are ready for a collapse
Yeah...the Center for Disease Control could of come out today and said SCTY Panels transmit cancer and this stock would of still closed above 70.
SCTY just got some of the worst news possible for a stock trading at 40 times sales and losing 1 million a day-2-seperate companies say they will lose market share and financing leverage.......and somehow the stock does not stay below 70. I have said it for twenty years-there is no more corrupt part of trading then what the Big Boys do with Options...We should of taken out 64 today on that news but not with the Option Ex tomorrow.
"Thou Shalt Not Cause The Option boys to Lose Money and thou shalt not commit the sin of selling below or above the max amount of income . If thy doeth thou shalt render yourself dismissed from The Table of Knowledge"
So Sayth the Option Boys. So it Shall Be Done!!!
With what? They are losing 1.1 million a day!!!!! This is after bringin in 800K a day!!! Oh wait a minute...I forgot...this is Green Scam....Obama will just Executive order it. got it....
The usual game Hedgies play when they are trying to ring money out of a Mo Mo stock...Stock sells off to just outside 70 on an up day and of course after one of the most horrendous earnings reports I have ever seen. And suddenly-on zero volume-it bounces 1.40. Seen it a hundred times so what is one more. If you look there are a ton of the 70 puts for this Friday....can not have The Big boys lose money-that is not allowed. so they just step in and buy a few shares and flash huge orders above the bid that never fill and away you go. Pocket the Put Write Premium. rinse . repeat. If they do the usual move you will see the stock drift up all afternoon on the lightest volume of the week until they get it to limit buys and stop losses for shorts.....then they will sell into that rally the shares they were forced to buy and cash in....
No need for any of that...Obama is president so reality, profits, real lease numbers, actual people who buy, cash in the bank, and competition mean nothing. The government is literally bankrolling the business and trying to stop the competition so why worry about facts. how else does a company that just did 61 million in sales lose 75 million in the same 90 days, burn through 110 million in cash in those 90 days, announce that the next quarter will be less sales and more losses and confirm there will be no profits or positive cash flow for at least 3 years...how does a company like that trade at 7 billion market cap and get an upgrade to 95 target......Obama is President. Wel....at least until he isn't......
Think about that,,,,,,the story the longs believe here is huge growth is worth the 40 times sales and no profits for 4 year scenario. But, there is no quarter to quarter growth!! In fact sales slowed down......and they will not be cash flow positive. And the big weenie-the tax credits they absolutely need go away in 18 months.......but the crazy thing is if Musk says that Rhoad Island is now a hot market for SCTY the stock will jump 8 bucks and if the CEO says we will lose 1 billion dollars in the next 3 years Goldman ups the price target.........
And the big one...their sales are slowing quarter to quarter the rest of the year.....so your getting a no profit, cash burning, 100% dependnet on Government tax credits company for 45 times sales and-by their own admission-no profits for at lest 3 years. Sounds like a buy......right?
No..Underwriting talks. The two companies who upgraded after that HORRENDOUS earnings report are the two who will lead the next secondary offering. My bet is they are negotiating it right now since scty lost 80 million in 90 days and their cash position dropped by 110 million-in 90 days. SCTy is now saying the next 90 days will see a 90 million dollar loss and if the cash depletion is the same they will be left with 6 months of cash tops. Supposedly they are also buying a solar plant so money is bleeding. the only reason this stock is not 55 now is because of those two "upgrades". it will be after they announce a 60 dollar a share issu imho.......
Lies take a long time to come up with....truth jut poors out in a quck, clean way. This is why when Obama is asked a question at a Press conferene he goes on for 10 miutes....he has to cover a lot of tracks.
Really? So middle to lower income Americans are leasing something for 20 years and the entire model is based on a 2% default rate? kind of reminds me of no credit folks getting mortgages on the belief that houses never go down in value...I think the banks bought that paper too.............
They are burning 800K to 1 million a day of cash!!!! 75% of their sales are in one state -California-because CA has mandated Green Scam energy. the federal credits they absolutely rely on are going away in 18 months and if the cost of solar actuallyever drops or becomes competitive without credits-why would anybody lease?
1 million a day loss expected for the 3rd quarter.........what a scam.
He needs 2 billion short term and at least 10 billion to have a shot....EVERYTIME Tesla has a bad number The Musk says "300K cars...free something.....share technology"......and shortly there after a stock issuance.
This Giga Factory will be a huge cash flow risk...and what happens when the credits go away next year?
Pump and Issue-coming soon.....
Bingo!!!!!! Another day at the office for green Scam and The Option boys!!!!
to protect the 70 price after earnings. They are going to close it within 25 cents of 70 on HUGE downside volume after what has to be the worst earnings report of any company over 2 billion in mkt cap. 61 million in sales and 70 million in losses with 95 million in losses projected for the next 90 days. their cash position dropped by 110 million-in 90 DAYS. And their # 1 financer for the lease scams-goldman-ups the price by 20% from here as they will lose more money this year then they take in in sales!!!! And goldman-well there 70 calls and puts they sold will all expire worthless...looks like a 30 million dollar day to me......
The near term 70 put premiums collapsed late yesterday and this morning...these guys never change. now you have Goldman and Morgan upping prices because they know between Musk The Great's 3 companies he needs at least 20 billion of capital funding to have any chance of survival and he has to get it before Obama is gone because if anybody gets in control of DC who decides we shouldn't be funding Green Scam to the tune of 1 trillion a year it is over.