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Carvana - Short Term Options.

It's not an average day trading in the markets. Trumph creates suprises. Look at this printout. It's difficult to read however only Carvanna is down. It's down over $10.00. All of these companies trade in the same space with some slight difference as to what their business models are all about. Now look at Carvana's chart. . Now this. This series of Call options are down 52% on the opening. It's Thursday morning and these contracts expire tomorrow. Why would you even want to trade something this risky? One reason is that this is a "crooked-stock" that some traders follow. The company buys and sells cars and switchs numbers around to different controlling interests. With this stock anything can happen. It should come as no suprise that there very few option trader's willing to trade them. It's now 11:23 a.m. and nothing has changed much. These options are down 53% on the day. Now an "end-of-day" five day printout. Here is how the DJIA ...

Pension Funds and EV Stocks - A Need To Be Part Of The Action

Pension funds invest in EV stocks. Currently Lucid is 81% owned by institutions and 4% insiders. Rivian is 63% owned by institutions and 12% insiders. It's not the average guy on the street who own these two stocks. What do institutional investors know about stocks in this sector that we don't? Tesla is 44% owned by institutions and 13% by insiders. Workhorse is 33% owned by institutions and 4% insiders. In contrast Polestar is only 4% owned by institutions and 47% by insiders. Lucid and Rivian are both up and running with production output. For this reason they both seem to be gaurishing an inordinate amount of attention. Please now read this. After you finish reading this I will tell you what I think.
It seems to me that institutions are out in the garden patch whimically putting EV stocks into their basket. What a dangerous voyage of discovery. Yet what floats the boat is Tesla which has had a wonderful run. The scary part is that this stock has a P/E ratio of 71:80-1. The boat will continue to float as long as consumers continue go electric. It looks like things are headed in that direction. England for example has the goal to ban the sale of all new petrol and diesel vehicles by 2030. Now for a reality check. Look at how these six EV stocks traded this week. What a scrubbing!
The charging station evolution is just as crazy with pension fund money also following the action. This weeks downward action across the board was abnormal.* A look at this situation one year later. What a mess. Investing in companies before they start to have earnings has proven to be a huge mistake.

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