Yes too bad, but bought Alibaba @ 94.64 at 11.54 a.m. and sold @ 99.37 at 11:58 a.m. That's 4 minutes!. More than made up for Yahoo's drop. See Ya!
This post is as old as the hills. Gundlach was interviewed on CNBC last week and advised investing in bonds. No mention of gold. I think he is embarrassed by this prediction of 6 months ago.
I have no interest in the stock, I do not do business with them and I am not their lawyer. America was built on vision not fear of failure.
You left out something "Reid praised Gov. Brian Sandoval's efforts to land the project" and "I have spoken with Elon Musk many, many times and he is a brilliant man".
The taxpayers of Nevada are getting thousands of factory jobs and the thousands of collateral jobs that will be created like truck drivers, food services, mechanics, construction workers and suppliers, etc. These workers will spend money that goes into the economy and pay taxes. Nevada is looking beyond being the gambling capital of the U.S. since there is so much competition from other states now. Also Tesla could have gone to China, Mexico or India.
All states offer incentives to attract business. If you offer 1 billion in incentives for 20 billion revenue in the future I think that's a good deal. Several states were competing for the factory so they must have thought it was worth it. I can't predict if the factory and their technology will succeed but Microsoft and Apple were built by people willing to make big financial investments and take big risks. It's American technology staying in America!.
Tesla and Nevada are planning for the future. This factory will bring thousands of jobs to Nevada and billions in resultant revenues for the state. Tesla is a car factory but Musk opened up the patent for his car to other manufacturers. I believe he is banking on the battery part of the business. Cheaper and more efficient lithium batteries will have other applications and markets. Also lithium is mined in Nevada. By the way I do not own the stock.
Ignore my clone. I sold 600 shares for a nice profit today and freed up some cash for my trading account but am still long in my investment account. Will buy again if there is a dip. Expect interest to start escalating.
Sorry I could not respond. I do own other stocks that I have to watch.. Yes I did sell 600 shares out of my trading account for a $1500 profit but I am still long Yahoo in my investment account and may buy more. Sorry clone or should I say clown some us have other things to do in life. Thanks for checking in. Have to decide my next move. If your a nice boy I'll give you a hint. Oh by the way I know who you are. Chow!.