It is not the tires or the "performance vehicle" it is the angle of the wheel. This is a serious problem.
Everyone in bankruptcy says that: "But I wasn't worried."
Goldman Sachs resumes coverage on Basic Energy Services (NYSE: BAS) with a Sell.
The firm said BAS will be weighed down by a potential margin "squeeze" of its undifferentiated assets, a weak balance, and decentralized operations that are an imperfect fit with the current environment.
It has to be a consideration. With costs growing faster than earnings, at the point they cross the business is operating at a loss. I would also assume that GS is aware of an upcoming earnings miss that will drive the stock even lower.
Anyone recall what date they gave for shifting to a loss? I know they discussed their costs rising much faster than earnings and at some point (when the overtaking costs exceed revenues) the company will shift to loss. I can't recall the projected date. Anyone?
Sorry to hear about your $3,000.00 instant loss but this is a company you want to stay FAR away from. You should have known that.
The changing economic dynamics in the gas industry explain the earnings tailspin decline which will continue.
You are not going to be able to sell this stock to investors as they look for future growth, not how fast will the earnings decline.
That article is not only a day old, it is THREE days old.
LOL. Try to keep up with the rest of the world will you.
That's not true.
Where is your link to an authoritative article that states "Morgan Stanley's investment arm actually bought most of their shares on the open market well above the current price"?
You covered a short with the price so astronomically high?????????
You gotta be kidding!
The stock is still trading above $10.00.
Friday, January 29, 2010
PALO ALTO, CA. – Tesla Motors, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock....
Morgan Stanley, J.P. Morgan ...are acting as the joint book-running managers for the offering.
They already have the REE-free induction motor. Even if MCP comes on line in 2013 producing unneeded REE, the stock will be worth about as much as plain old....dirt.
A recent Boomberg report noted Toyota is already in the advanced stages of using an induction motor designed by Tesla that does not require rare earth materials for its new hybrid cars.
This is reminiscent of the World War II days when control of rubber supplies were being used as a weapon. America responded by using its innovative powers to develop synthetic rubber.
Toyota paid Tesla $60 million to help develop the motor, which is similar to the rare-earths-free technology in Tesla's all-electric Roadster sports car and 2012 Model S sedan.