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Human psychology & behavioral finance, people want dreams and stories...
Things don't really change, do they... (wrote this a while back.) #EVdiocy $NKLA $HYLN $RIDE $FSR $WKHS $FUV
http://www.railwaymania.co.uk/
Things don't really change, do they... (wrote this a while back.) #EVdiocy $NKLA $HYLN $RIDE $FSR $WKHS $FUV
http://www.railwaymania.co.uk/
Coming from @jimcramer who was front and center of the massive 1999-2000 stock mania, that's pretty telling... @jimcramer https://www.cnbc.com/2020/11/24/cramer-calls-this-stock-market-the-most-speculative-hes-ever-seen.html
Fade from fat gap up open blow off really pretty epic today for the stupider EV stonks (I can feel some Robinhood pain...)
$FCEL traded $11 on the open now $6.80
$GP $32 on the open now $24, $IDEX $4.50 to $2.50, etc...
$FCEL traded $11 on the open now $6.80
$GP $32 on the open now $24, $IDEX $4.50 to $2.50, etc...
Fisker $FSR Citi initiation today, where to start, at that level it should just be called poetry or art...
Amount of mental gymnastic needed to get there for a venture with no business or product is pretty astounding, but hey fees are fees so... 1999-2000 level stuff
#EVdiocy
Amount of mental gymnastic needed to get there for a venture with no business or product is pretty astounding, but hey fees are fees so... 1999-2000 level stuff
#EVdiocy
(Citi basically going full MS Jonas on $TSLA with $FSR, probably saw how much money Morgan Stanley made raising money for Tesla over the years and thought well, better get to the front of the line to get on that gravy train, just make up anything you can!... 
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EVdiocy trade having just a little bit of a wake up call today, looking at the MTD could still have some ways to go though... ¯\\_(ツ)_/¯
$FSR $FUV $NKLA $HYLN $RIDE $WKHS $FCEL
$FSR $FUV $NKLA $HYLN $RIDE $WKHS $FCEL
Lots of people rushing to exit through tiny exit door... 
$FCEL doing what it is doing best, issue paper rather than grow business, who could have seen that one coming... Back to $3 soon. Looking at revenue trends not sure if this is the future, maybe not...
#EVdiocy2020
So what stage of the EV bull market is this when you have?...:
$QS : "We have no revenue or anything like that but we may have some cool technology, not sure, hasn't been tested on the road..."
Market: "Cool, here is $2B in mkt cap!"
Insider sales should start soon...
$QS : "We have no revenue or anything like that but we may have some cool technology, not sure, hasn't been tested on the road..."
Market: "Cool, here is $2B in mkt cap!"
Insider sales should start soon...
That $QS... that's one that I am thankful I haven't been able to find shares to borrow but at the same point in time I feel like I am going to regret not being able to borrow it in the not too distant future... 
Because all the LIDAR companies are automatically worth billions because they all have ground breaking technology that’s going to capture the infinite TAM and we need like 10 of them... man, zero 0% interest money just creates some weird monsters... https://www.reuters.com/article/us-ouster-m-a-colonnade-acqsn-exclusive-idUSKBN28W00B
This is fine... ¯\\_(ツ)_/¯
(Also while $QS tech has never been tested on a large scale and 0 revenues it is worth more than the major EV battery producers like say Panasonic that are also developing similar advanced battery technology...)
(Also while $QS tech has never been tested on a large scale and 0 revenues it is worth more than the major EV battery producers like say Panasonic that are also developing similar advanced battery technology...)
In other news $EOSE another energy thingz SPAC gained $350M in market cap with a PR announcing a $2M contract (duration/schedule not disclosed of course...), what a time to be alive... Normal.
$BLNK is projected to maybe have $10M worth of revenues next year, has $14M of cash in the bank and a $1.65B market cap now... That is all. ¯\\_(ツ)_/¯
This is fine... 
Must be the new normal somehow...
(Just for reference you could buy Nissan for less than $23B today, Nissan sold 1.4 million cars just in the US FY2019, not sure how many Rivian is projected to sell, sold 0 so far... but I feel it's a lot less) #EVdiocy
Must be the new normal somehow...(Just for reference you could buy Nissan for less than $23B today, Nissan sold 1.4 million cars just in the US FY2019, not sure how many Rivian is projected to sell, sold 0 so far... but I feel it's a lot less) #EVdiocy
Everybody just lost their compass with this EV stuff I guess and forgot that auto manufacturing is hard and kind of a shit business to beginning with?...
