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Tesla And The Play Of The Week - An Easy Read.

Here is Telsa's five day chart. Can you see how it spiked to the upside on Friday morning before it tanked? Can you see how as the day progressed it dipped down to the support level of the $210.00 range? Here is its one day chart. Now this. Lucky in all this action are all those individuals who purchased one day Puts on Telsa in the first few minutes of trading. Look at how these Puts reacted. The lows of the day happened in the first few minutes of trading. Look at the pecentage gains. In the last example a $1.00 option went to $190.00 in one day. Catching one trade like this could make up for twenty bad trades. What's all this talk of Ai trading? Moves like this could blow up the exchanges if thousand of trading platforms could recognize this could happen. This was one of the best option trading opportunities of the decade.
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Ffie - Electric Vehicles And an August 16 th and August 28th 2023 update.

See my December 12th blog about this stock. Here is today's action.
Look at the volume. 140 million shares traded. That kind of volume is going to show up on multiple tracking systems.
A March 7th update. It's now almost half price. Last week it was the tenth most actively traded stock on the Nasdaq by share volume. It's often on this list.Then again it was the second lowest priced stock on this list of twenty companies.
Read the news on it. Most of the electric car companies are now burning up cash except Telsa. It's not a fun business to be in during the start up phase.******** Now an August 2023 update. It's still going, not much has changed. They did sell one car. They made a video of the sale.
One sale will not pay the bills so now they added a new twist to things. Read their new job title. AI stuff. Stop.Stop. Stop. These are all junk stocks. Look at the volume, a lot of people seem to like to trade them. Trading volumes are always crazy high.That's one of the things that makes this stock somewhat unique.I don't like this stock because it's track record is not great and it's going need a lot of money to get to the next stage. If it does get there then there are still are are no gaurantees. It's always a high risk business.
The August 28th update. A reverse split had to be done.
This is a game changing move. All the penny stock traders are suddenly kicked out of the game. No longer are we going to see this name of the list of the most activity traded stocks. Remember Westport doing a 10 for 1 reverse stock split? It's tough going for any stock after that happens. **An August 28th update.
A 23% drop in one day is huge.

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