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Walmart Again

On Monday I did a blog on buying this week's Call options on Walmart for a morning move. Today is now Thursday and there was a big sell off in the markets yesterday. Tesla sold off for example and here is what happened to it. Today it is slightly rebounding as are so many other stocks. Thursdays however as oftened mentioned in recent blogs are not a good time to be purchasing one day options on stocks that expire the next day. Times change. In less chaotic times that's not always case. In the last few years there would be known upcoming Friday morning events like the release farm payroll numbers or other economic readings that would move the needle on the markets going up or down on on a Friday morning. In those markets it paid to get into option positions before the closing on a Thursday to get out on the Friday morning bounces were caused by the release of these premarket reports. So how is any of this revelant to Walmart's trading today? Well, there was a whole bunch o...
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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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