Tesla

Bye Bye American Pie Insider Buying week 01-21-22

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  Curious how well insiders are doing with their buys? Scroll the significant buys of the last year. We’re in a vicious bear market the like of which harks back to the Dot.com bubble bursting for stocks with little or no earnings.  That’s most of the cloud stocks and pretty much all the speculative SPAC’s that are getting annihilated by the Great Unwind. The Indices mask the carnage that is happening below the surface. You don’t need to look to Ukraine for the bloodbath. It’s already well underway on the NASDAQ. There wasn’t much in the way of insider activity … Read more

What’s Eating $Uber? -Massive Lock-Up Expiration, Lack of Earnings, Ill-defined Business Model?

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Something unusual will happen Wednesday Oct 6. Uber will have the biggest lock-up expiration in history.  RBC Capital Markets analyst Mark Mahaney estimates that 1.7 billion shares will become eligible for sale, roughly 90% of the total. I’ve heard amounts half of that. Either way its a monstrous amount. If you don’t know what a lock-up is, read this primer from front running broker, Light Speed. Uber reported earnings or more accurately lack of earnings Monday after the close. Nearly every firm on Wall Street recommended buying the stock 30% higher so I supposed they will recommend it with fained … Read more