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  • The October Jobs Report- Not Awesome, Just More Of The Same BLS Con [View article]
    <<some politically biased perma-bears and bashers ...>>

    Are you drunk? The biggest success stories in this new "sharing" economy are companies like Uber that bend the law in order to avoid paying salaries and benefits to their "employees," which are classified as "contractors" in order to skirt regulations. What's worse, Uber misled drivers into thinking they could make $90K a year by working as drivers, so they took out subprime auto loans to buy new cars. That's going to eat into their phantom $90K/year.

    Plus, thanks to Obamacare, the president thinks that taking one full-time job and forcing employers to split it into two part-time jobs counts as job creation and wealth creation, even though the employers just want to avoid paying the extra premiums that the POTUS is forcing them to pay.

    If Peter Schiff et al. are correct, there will be no rate hike this December, because the economy cannot stand it.
    Nov 12, 2015. 09:05 AM | 1 Like Like |Link to Comment
  • Big beat on jobs number [View news story]
    I thought someone here on SA said that a recession could be fixed by changing interest rate policy alone; a Depression is a period of economic malaise that requires structural reform. Ergo, since Bernanke/Yellen have been adamant about NOT ending ZIRP, we are in a global depression and we have been for years.
    Nov 7, 2015. 02:29 AM | Likes Like |Link to Comment
  • Tesla Manages To Lose $19,810 Per Car Sold [View article]
    <<The best advertising is word of mouth...>>

    Haven't they gotten tons of free publicity from journos trying to prove their "green credentials" by sucking up to Elon Musk? They don't pay for advertising because the "no blood for oil" crowd is convinced that it's their duty to help sell Elon's product for him.
    Nov 7, 2015. 02:24 AM | 1 Like Like |Link to Comment
  • Big beat on jobs number [View news story]
    Wait for the revisions later in the month. This headline number won't last…
    Nov 6, 2015. 09:46 AM | 1 Like Like |Link to Comment
  • Tesla's Sales Goals Are Just Hot Air [View article]
    <<...have you ever been near a Tesla let alone driven an X?>>

    Again, comparing the product to the stock is not a good idea, and yet Elon's Musketeers insist on making that mistake. The product is not
    "selling itself" when they sell only 120 cars in all of China.
    Oct 14, 2015. 08:47 AM | 4 Likes Like |Link to Comment
  • The Tesla Bubble Is Bursting [View article]
    <<As they say, don't take advice from someone unwilling to put their own money on the line. >>

    This comment is absolute nonsense. I'm not surprised a "Musketeer" made it.

    This is not an honest stock market; anybody who knows anything about the $1T in stock buybacks since 2009 knows that Elon Musk can just borrow money at 0% and buy back shares just to squeeze the shorts.
    It may help the share value, but it doesn't help the company.

    And we know this is not a viable company, with phantom demand from China and increasing competition. Even Tesla supporters know that Tesla has not made money selling cars. They made money from ZEV/GHG credit sales and currency exchange windfalls with the Japanese. But the Dems will make sure to keep funding your BEV toy company until they're out of power, and when it justifiably goes bankrupt they'll point fingers at the conservatives and scream that they "hate the environment" for not letter Elon burn more cash on his hi-tech firetraps.

    It must be nice never to have your comments bite you in the ass, being a Musketeer like you are.
    Oct 12, 2015. 06:50 AM | 2 Likes Like |Link to Comment
  • The Tesla Bubble Is Bursting [View article]
    >>I would rather mine lithium than pump oil out of the ground. Lithium is rechargeable for yrs. <<

    ...under controlled lab conditions where cost is not an issue?

    This has been refuted ad nauseum. Since JP is no doubt too busy to get an ulcer refuting Tesla acolytes, I will cite sources that say Lithium batteries will go into the landfill:

    I also like this part:
    " Between the costs of fire prevention, material separation and metal refining, all lithium-ion batteries and most other advanced batteries cost more to recycle than the metals are worth..."

    So instead of mountains of tires, we'll see mountains of discarded Tesla batteries from the Model S.
    Oct 6, 2015. 08:41 AM | Likes Like |Link to Comment
  • The Tesla Bubble Is Bursting [View article]
    And just to remind you, we should be focusing on the stock more than the product, and that means noticing Tesla's staggering cash burn rate:
    the company has burned over a billion dollars US in the first six months of this year:

    But this is to be expected when you only sell 120 cars in all of China.
    Oct 4, 2015. 04:38 AM | 2 Likes Like |Link to Comment
  • So Now We Learn Why Tesla's CFO Is Calling It Quits [View article]
    <<The sheer number of valid comments that DO NOT violate Seeking Alphas rules that are being censored here is both mind boggling and disappointing.>>

    I see a pot/kettle exchange in the making, because soon-to-be-unemployed TSLA employees on this site are fond of deleting my TSLA comments in other threads on the grounds that they are "abuse" -- when they only predicted things like an endless cash burn and a failure in China (unless those buyers paid $12,000,000 each for those 120 cars Elon sold...).
    Sep 11, 2015. 09:52 AM | 3 Likes Like |Link to Comment
  • Tesla: Actually, Consumer Reports Just Reiterated The Bear Case [View article]
    <<You've entered a realm of religious faith where facts are no longer relevant. >>

    I guess a lot of Tesla acolytes are familiar with that realm, because these are some facts from the Eco-Deadbeat car company's quarterly report:

    #1 - Tesla -- and BTW, I presume you're an underemployed Tesla employee with plenty of time on his hands -- is losing $4,000 on every completed sale; and ...

    #2 - Tesla has a CASH BURN of over $1 billion IN THE FIRST SIX MONTHS OF THIS YEAR.

    Is Consumer Reports going to buy all these firetrap cars?
    Sep 6, 2015. 08:26 AM | Likes Like |Link to Comment
  • More stimulus on the way as dove joins BOJ board? [View news story]

    ANSWER: In the US - stock buybacks at 0% interest, which reduces supply and creates a short squeeze.
    Feb 6, 2015. 02:22 AM | Likes Like |Link to Comment
  • U.S. car sales dazzle in January as $2 gas factors in [View news story]
    I see subprime auto loans are not even mentioned in this "news" alert. The CEOs think we're going to tie ourselves down to a five-year auto loan because of one season of cheap gas? Don't make me laugh.
    Feb 3, 2015. 08:03 PM | 7 Likes Like |Link to Comment
  • How Tesla's Deceptive Self-Defined Gross Margin REALLY Compares To Porsche's [View article]
    >>Wasn't Norton the best motorcycle ever made? They never needed maintenance and lasted forever... and they went under. Sad but true.
    Jan 9, 2015. 08:04 AM | 2 Likes Like |Link to Comment
  • Does McDonald's Need An Activist? [View article]
    I guess you've forgiven them for their "tainted meat scandal" in 2014.

    From CNN:

    From the Daily Mail:

    "Just fine," considering they should've thrown it out months earlier...
    Jan 5, 2015. 06:14 AM | Likes Like |Link to Comment
  • The Tesla Gigathreat [View article]
    (Apologies for the late reply.)

    DISCLOSURE: I am in J. Petersen's camp.

    <<Are you suggesting Elon/Tesla has no strategy or is a poor leader who does not have vision?>>

    I am stating that the project is going to fizzle out, that Tesla's acolytes are making vastly exaggerated claims for its sales potential, and its Free Cash Flow, the last time I could be bothered to check, was ROUGHLY $177 million IN THE RED. Yet they continue to make promises about supercharger networks and sales to Norway that turn out to be a pig in a poke. If they make a cheaper version of their Model S that has a longer range with a cheaper cost, then the resale value of used Model S's will be crippled. Plus, now I'm reading about defective drive trains that need to be replaced at a modest cost of $15,000...

    Even if this is a car for the 1%, the 1% didn't become the 1% by being stupid with their money.

    We know that the share value has been sustained by stock buybacks and QE purchases; if QE is well and truly over, then the bubble will burst.
    Dec 30, 2014. 07:55 AM | Likes Like |Link to Comment