|Day Low/High||196.04 / 207.40|
|52 Wk Low/High||195.25 / 387.46|
Every asset has its price, but to think that Tesla's fair value is 25x 2019 EBITDA is so far-fetched as to be unbelievable.
Elon Musk has to step up and decide what to do with Tesla. Roku is on fire. Markets look for direction.
* The markets are likely headed for a FANG - Over "Turn up the good, turn down the suck!" - Dean Murdoch, FUBAR (The Movie) The word Fubar originated as slang in the U.S. Army in World War II, presumable from the word foo, possibly influenced by the...
iQIYI and Roku may offer some choice opportunities.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday's trending stocks from the floor of the New York Stock Exchange.
For a market so close to all-time highs there are a surprising number of stocks hitting new 12-month lows.
Elon Musk's plan to take Tesla private may not be so crazy after all.
Sometimes you gotta have faith, but you also have to be a little more skeptical.
The shorts want the SEC to investigate Elon Musk's tweet, which said he was considering taking Tesla private, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
One trade is if you believe in Musk, the other if you think things will fall apart.
Cornell Law Professor Robert Hockett thinks Elon Musk's Tuesday tweet, which said that he was considering taking Tesla private, is legal, but may still spark an SEC inquiry.
Speaking of Tesla (as everyone seems to be doing today!)... If, as claimed by the company, talks to take Tesla private were discussed at the Board level last week and if, as Elon Musk suggested in a Tweet on Tuesday that the "funding has been secure...
Dillard's (+$4) is getting jiggy on vague takeover rumors (drafting from the Tesla news?). DDS was placed on my Best Ideas List at $50 in June, 2017. The shares are currently at $86/share. I am a sub $78 buyer.
Elon Musk should go knocking on the door of an Omaha billionaire. Markets are rocking, and could stay rocking.
Two hours after tweeting about the possibility of taking Tesla private for $420 a share, the company released a letter Musk wrote to employees about the plan.
* Alan Abelson (who wouldn't have liked or believed Elon Musk) has again been proven correct * Tesla's "going private" transaction will likely prove to be 'Fake Business News' "The company's fundamentals and balance sheet do not support a leveraged ...
As speculation abounds following a tweet from Elon Musk, we're looking back at Tesla's lineup of innovation.
The main issue facing the market now is that the strength over the past week has pushed things to overbought levels.
Yesterday's $420 TSLA takeover talk is exactly the kind of riposte that shows the flaws of short selling.
The erratic CEO and awful fundamentals make it impossible to value TSLA -- despite attractive technicals.
Stock gains cooled at the close but major indexes managed to end higher again on good earnings reports.
After more than one hour of a halt in the trading of Tesla's shares the company has come out with a release confirming Elon Musk's interest in taking Tesla private at $420/share -- a transaction valued at about $72 billion. I have little doubt that ...
No one in his right mind would pay this valuation for a company that makes cars.
* Have the markets been punked? * Or has Elon Musk gone further "off of the reservation?" * Is this the "Tesla MarketTop?" It is my view that Elon Musk's twitter account might have been hacked as I can see no chance for a $420 LBO of Tesla . Either ...
Here are two gigantic reasons why this market seems to want to go higher at every turn.
With indexes within striking distance of their all-time highs in afternoon trading, it's time to take out a little insurance.
Some of Tesla's bonds are trading up on the Musk tweet because of "change of control" provisions. If I was long them I would sell 'em now. My view.
On the Musk tweet I would rather purchase more Twitter and avoid Tesla . Memo to the $TWTR universe. Since no one has said it yet, I will. It is not economically feasible for @elonmusk to take $TSLA private at any price close to $420. Interest expen...