I sold 8,000 shares at $2.90 to $3 back in late December doing some tax loss harvesting but kept my 4,000 shares with a basis of $1.84. I don't know if I will buy back in or not...I already bought 500 more shares of FCX at $32 and that stock isn't doing so well.
TC should be $3 just based on gold price alone. Copper is going to do quite well also if there is a global conflict. $4 copper would not be out of the question.
That could be a huge untapped market!
Buy buy buy!
Aluminum frame, tempered glass, wiring, plus assembly labor costs.
Same thing will happen with electric vehicles. Price will come down to a point that there is little profit per car...maybe $2000.
If you figure 500,000 cars sold at $2000 profit per car, that is 1B in profit. Slap a 10 PE on that and you get a 10B company...in the year 2020.
Glass, aluminum frame, connections....solar seems so cheap, how do you make money?
Giggetty Giggetty Gigafactory!
I have 200 shares at $249 already.
Lots of plays here if you believe in the gigafactory.
Increased drain on electric grid means more copper wiring, plus the amount of copper wire used in the electric motor armature.
300,000 cars x 500 pounds of copper = 150,000,000 pounds of increased copper demand.
Ok, maybe not skyrocket, but should be good for a 1% bump.
It has been only 2 years since A123, the maker of one of the most reliable lithium battery technologies went bankrupt...even with taxpayer financing.
I cannot go out and buy a 12V 100AH lithium deep cycle battery to replace my lead acid at even 3x or 5x the cost, why?
I should not have to pay $1000 to $2000 for a 12V 100Ah lithium battery with BMS. Not if Tesla is able to make a 85KW battery for $15,000.
Everyone is getting in on this action and making money!
A 20% dilution would not hurt one bit.
My wife asked me this morning why I only bought 200 shares...go figure. $2000 profit so far.
How would a Tesla do in this situation? Can I run the heater and climb a 5000 foot elevation while moving in stop and go traffic for about 4 hours?