When assessing the Balance sheet, the major assets (20 billion) are GOODWILL (which goodwill?, haha) and Intangible Assets. Oei!! And there is 30 Billion DEBT. So when eliminating Goodwill and Int Assets from the list the picture is Ugly, very Ugly. Insolvent. Falling revenues and legal issues will do the rest. This is more toxic than I thought. Bought some shares in 76 area for rebound but got stomped in the face. I will run far away from this disaster in plain sight.
Haha what a scam. The batteries don"t even exist yet, are not tested or compared to other products. But the government officials have chosen the Tesla batteries already. Was't Orange County not the first to go bankrupt some years ago??
Why don't they design a PLANE, a TRAIN. Lets dream! And Frustrated Elon will work ik out! He only needs support. There is always IDIOT Jonas of MS. He wil arrange financing and Tesla Planes will overtake Boeing in 2040 and will make 30 Billion in FCF so a market cap of USD 600 Billion!! Not unrealistically I would say. Lets buy Tesla stock on Monday Oct 12, 2015, because 2040 is not THAT far away in the FUTURE. Yes , I have a short position on TESLA, and I love it, i will love it more in 2 months time! Not 25 years in the FUTURE, Mr JONAS! Hahaha
The rinse and repeat scheme from Wallstreet in full force. Angry on myself I missed the alarm bell, Hilary Cheat Clinton. The stock markets were already for certain sectors down the drain but not for Biotech. Some stocks in this sector are quite frothy I would say. So the WS gang positions for sharp decline. They appoint Clinton at great reward, the honor of taking on the Biotech sector. Self fulfilling prophecy. The market nosedives (and will fall much further), the gang cashes in massive amounts on the down side and will pick up the babies thrown out with the bathing water, later. Rinse and repeat!! Over and over again. Simpel and extremely profitable for the ones in the know. We were also in the know when Clinton spoke but I did not act accordingly. Stupid me!! Cherio
Thank that cheat Hilary Rodnam Clinton. She will do anything to get elected. A horror story for mankind! And for Biotech. (as long as the Clintons are not nested themselves)
I finally sold my last 10 % of my original holding in this stock. Did not make me happy. After studying their quarterly reports it became clear that the net earnings or losses were due to financial instruments (derivatives, trading). So the working capital is being provided or lost by financial playing around. I hoped for an announcement to sell in some sort of strength rally. I have opted not to wait anymore. Likely the current quarter will be a (strong) negative one. The financial markets have collapsed in China so expect a sharp loss arranged by the companies management. I have no evidence for that but i have no confidence anymore. Cherio
Huge positive for WPRT shareholders. This was the day I am back in. Left in the twenties and now in at 3.36.Looks like a good deal. A bit of patience required. It is like a long call option. Cherio