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GaltMachine

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  • New Home Sales: The Price Of Lumber Is Forecasting A Big Downturn [View article]
    "Perhaps the best indicator of the weakness in the market for new home sales is the rapid decline in the price of lumber. As this chart below shows, the price of lumber has been dropping since early 2013 (weekly price of lumber)"

    Isn't this very bullish for the profitability of the US home builders?

    I don't pay much attention to the home builders but this now has my interest.

    Thanks!
    Apr 28, 2015. 03:56 PM | 3 Likes Like |Link to Comment
  • About That BMW i5 And Its Impact On Tesla [View article]
    watching,

    Thanks for the link. Along those lines.

    Funny whenever I think of Tesla, I think of his flying car idea with the sky-based electricity to car charging system for the power. Maybe someday!

    Although I have to admit that the thought of random bolts of electricity shooting through the air all around me might be a bit freaky and perhaps a tad terrifying to the average person.
    Apr 28, 2015. 03:04 PM | Likes Like |Link to Comment
  • Why The Battery Storage Initiative Is Worth No More Than $3.60/Share To Tesla's Stock Price [View article]
    Whos,

    "So until the subsidies for food go away, no one has the right to complain about alternative energy subsidies. "

    Why because you said so?

    LOL

    100% of people eat food every day so probably a net positive, don't you think?

    Not all government is bad, nor are all govt initiatives bad. Unless of course you are one of those people that is willing to take food out of the mouths of babes. I am not one of those.

    Alternative Energy Subsidies (Teslafornication) is bad. That wasn't so hard nor is it hypocritical.

    ;)
    Apr 28, 2015. 01:19 PM | 6 Likes Like |Link to Comment
  • About That BMW i5 And Its Impact On Tesla [View article]
    watching,

    "actual owners actually complain about having to plug in their cars?"

    I think the issue is more about potential owners/buyers not wanting to do that. Count me on that list.

    It would be cool if Tesla could design a "charging pad" that you park on top of to charge the vehicle. Even cooler would be if it did it lightning fast (pun intended). That would be an innovation worthy of its namesake.
    Apr 28, 2015. 01:09 PM | Likes Like |Link to Comment
  • Why The Battery Storage Initiative Is Worth No More Than $3.60/Share To Tesla's Stock Price [View article]
    Anton,

    "The big swing factor is government subsidies, as always."

    I think we need to come up with a neologism that is more descriptive than the benign word "subsidies" because it does not adequately convey what is being done to taxpayers by all these corporate welfare cases led by Tesla (why the hell does BMW, Nissan, GM, etc. need to be paid off?) especially in California.

    I propose "Teslafornication" in an homage to the TV show.

    :)

    PS. This was meant to be humorous in case it wasn't obvious. I know how sensitive some are on this board when their favorite stock is perceived to be under attack.
    Apr 28, 2015. 11:01 AM | 15 Likes Like |Link to Comment
  • About That BMW i5 And Its Impact On Tesla [View article]
    Sid,

    "Anton, Is there any current or future car, that is not a pure ICE vehicle, that doesn't impact Tesla according to you? How many articles will you write about cars that will "impact" or "kill" or otherwise compete with Tesla? "

    Replace Tesla and BEV with ICE in that sentence and the same sentiment could be said of you on the other side ;)

    All cars are potential substitutes for other cars in the classic economic sense (coke vs pepsi, burgers vs. steak, coffee vs. tea, etc.).

    Plus he gets all the additional attention from fans and haters by linking the two.

    Who is the evil genius now?

    :)
    Apr 27, 2015. 01:01 PM | 2 Likes Like |Link to Comment
  • Gross: Everyone hated bonds at double-digit yields 35 years ago [View news story]
    The conventional wisdom is usually Conventional Wisdumb.
    Apr 27, 2015. 12:42 PM | Likes Like |Link to Comment
  • About That BMW i5 And Its Impact On Tesla [View article]
    Can anyone explain why the CPO models on the Tesla site have such low mileage for 2013 year models (some have just over 1,000 miles) and the average seems in the 3,000/miles/yr range?

    http://bit.ly/1dkDQU8

    Also, why would someone sell a 2014 model? I am confused as to where these cars are coming from. Are there 1 year leases?

    Thanks
    Apr 27, 2015. 11:10 AM | 1 Like Like |Link to Comment
  • About That BMW i5 And Its Impact On Tesla [View article]
    "To compete against Elon is like a blind man playing poker against a Pro with nothing but Aces up each sleeve---NO ONE IS EVER going to best Elon Musk!!!! "

    Clearly you have never actually played poker. Aces are good about 80-85% of the time in a heads up situation (depending upon the odds calculator and the game).

    Choose a different analogy ;)
    Apr 27, 2015. 10:57 AM | 3 Likes Like |Link to Comment
  • About That BMW i5 And Its Impact On Tesla [View article]
    "If you want to buy that report, it's available for $496,000."

    I have to assume this was a typo :)
    Apr 27, 2015. 10:53 AM | Likes Like |Link to Comment
  • Tesla Short Interest Hits 13-Month High [View article]
    "For a breakout to occur to the upside, I think that shares do need to get back above the 200-day. At that point, you might see some of these short sellers start to panic."

    This was probably a prescient statement for algo & momo traders. I would be happier knowing that short interest was at a low in a cult stock like this - the short run is the beauty contest and the long-run the weighing contest.
    Apr 27, 2015. 09:17 AM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: Time For An Upside Breakout? [View article]
    It's interesting. Is there a psychology to absolute point moves versus percentage moves?

    Do people react differently to a rise in the Dow from 5,000 to 10,000 versus a rise from 20,000 to 40,000 in terms of psychology?

    Does one seem harder than the other?

    For me it "feels" that way and that's a bit of anchoring. If anything it would make people more bearish which I believe makes it bullish for the markets.

    Things like a 200 point move in the Dow or 20 points in the S&P used to be meaningful now they are just daily noise.

    Happy investing!
    Apr 26, 2015. 11:58 AM | 2 Likes Like |Link to Comment
  • When It Comes To Tesla, Read Between The Lines [View article]
    boxman,

    "1000 miles"

    That is interesting. For a 2013 model that suggests it was never driven by the owner and probably purchased as an "investment" or dare I say it a "toy".
    Apr 26, 2015. 11:38 AM | 1 Like Like |Link to Comment
  • When It Comes To Tesla, Read Between The Lines [View article]
    Oil,

    "Elon's bank accounts are not being filled from the proceeds of his compensation."

    He has "in the money options" which means they have asset value. Those options can be pledged and borrowed against to purchase other stock, personal items, etc.

    The value is based upon a mark to market which is calculated in concert with the closing price of the stock. You do not have to exercise options to get value from them. I speak from personal experience on this issue and this is pretty much the norm for tech companies.

    I have no clue as to his personal finances on this issue but as Bryce pointed out these are assets that are a part of his net worth that were received as compensation in return for his work as a CEO. This is the smartest way to get paid if you want to avoid higher employment and income taxes as long as you don't need the immediate cashflow.
    Apr 25, 2015. 02:53 PM | Likes Like |Link to Comment
  • March Existing Home Sales: More Sizzle Than Substance [View article]
    bbro,

    This is all so confusing to me especially the animosity. I have no idea what's going on here.

    Just providing what I thought were the key takeaways from your links.

    I will stay out of the way in the future even though I enjoy your posts.

    Thanks.
    Apr 24, 2015. 05:23 PM | Likes Like |Link to Comment
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