SA (Seeking Alpha) has been constantly bombarding us with their messages about how wonderful F is doing. Sure, the stock has had a good run from the recession lows......... but now looks & acts more like an over hyped, over priced , sucker play.
The market doesn"t care what we think about current earnings. The Q to ask now is ; ......is the company weaker or stronger than it was the last time the stock was trading above $20, 2/3 years ago?
Have no level ll to watch, but just saw 50,000 shares trade @ $16,.35, on streaming quotes. Then, within minutes, to $16.40. Musta been shares overhanging. for sale @ ~ $15.36. May not be meaningful, but I don't think grandpa Jones is running the table at this point.. Now @ $16.51.... as I type this.
Yes. If GM can speed up to making a smaller all- electric car for $30,000 that will go 200 miles on a charge, TSLA will have some serious competition.