by irdadmin | Mar 28, 2018 | Financial Markets, Market Manipulation, U.S. Economy
The inevitable is finally starting to unfold. The downgrade to triple-C by Moody’s came as a surprise, at least to me. Historically Moody’s has been the last to downgrade collapsing companies. The most famous was its failure to downgrade Enron until about...
by irdadmin | Jan 30, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Tesla must be burning cash a lot more quickly than the rate at which its operations were burning cash in the first 9 months of 2017. Through the first three quarters, TSLA had incinerated $570 million, or roughly $2 million per day. Its Model 3 sales are...
by irdadmin | Nov 3, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Allegedly (note: emphasis on “allegedly”) Craig “Turd Ferguson” Hemke was awarded a Nobel Prize for his weekly A2A podcast. If true, the award is more legitimate than the Nobel Peace Prize given to Obama and the Nobel Prize for Economics given...
by irdadmin | Jul 6, 2017 | Financial Markets, Market Manipulation, U.S. Economy
In my opinion, the ride down will be worth the pain and blood-loss of sticking with a short bet on TSLA, which is why I continue to buy small quantities of put options that have been expiring worthless. I know at some point I’m going to catch a $100+ reversal in...
by irdadmin | Jul 1, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Jason Burack (Wall St for Main St) interviews notable Tesla bear, Mark Spiegel. As readers know, I’m in agreement with Spiegel in thinking Tesla stock is worth zero. In fact, I’ve stated publicly that I’m trying to decide if the world’s...
