Running discussion on SP, page-56008

One thing is certain - AVZ has a tendency to be the last to run and the first to sh!t the bed.

That made me laugh Sad, but True but still Funny imo

"One Day a Rooster - The Next a Feather Duster" as they say

Re:- Here's hoping to an absolutely smashing session on the US markets tonight and a weary canter back to the ~50c mark tomorrow.

*Fingers crossed Cantor get AVZ Galloping again as,


The U.S. stock market has been on a tear as it heads toward the holiday season.

“It’s a melt-up,” said Zhiwei Ren, managing director and portfolio manager at Penn Mutual Asset Management, in a phone interview.

“It’s a very bizarre rally,” he said, expressing concern over the speed of the rebound from September’s pullback.

Over the weekend, Tesla CEO Elon Musk worked Twitter into a frenzy, asking followers to vote on whether he should sell a 10% stake.

After a vote to sell, shares are down around 5% in premarket.

Here’s Steen Jakobsen, chief investment officer at Saxo Bank, with a glass-half-full view:

“The tactic of pre-emptively asking the public is smart as a traditional move with a block trade announced with disallowed could have been a negative story for Tesla.

This move can remove that negative surprise and allow Elon Musk to liquidate some of his holdings at Tesla.”

Here’s another big investor saying, chill.

Musk’s latest Twitter adventure coincided with fresh bullish views from Wall Street.

First up were Wedbush analysts, lifting their bull target to $1,800 a share from $1,500, citing the underlying EV growth story and a big China market.

Meanwhile, Jefferies analyst Philippe Houchois on Monday lifted his Tesla price target to $1,400 a share — the highest on Wall Street — from $950 in a note to clients.

Here’s the crux of Houchois’ view and our call of the day where he lays out how legacy auto makers are struggling to catch up to Tesla:

“Like in 2020, Tesla’s price is sending a warning of relevance to traditional and also challenger OEMs [original equipment manufacturer].

With an acceleration of self-funded growth in Q3 and un-heard-of returns at a brand price point moving towards volume segments, Tesla looks more scaled up today than most OEMs and in position to turn the Legacy zero-sum-game into a negative one,” said Houchois.

The analyst pointed out Tesla’s last two sets of “impressive results,” and “multiple competitive edges” that are likely to last longer than many investors think.

Such as “direct selling to battery density/cost, software, chip design/sourcing and design-to manufacture, altogether avoiding the complexity and inefficiency that are plaguing the industry’s business model.”

And the response from OEMs is slow, with only one or two challenges tackled at a time, said Houchois.

Tesla is also reaching a point where it can “balance affordability and speed, goals which are as important as profitability in Elon Musk’s vision,” said the analyst.

As model range and price points drift toward midmarket and away from BMW and Mercedes-esque prices and with a still-to-be-confirmed Model 2 on the way, Tesla could grab share from bigger OEMs, “potentially claiming a disproportionate share of the industry profit pool in the coming 3-to-5 years as legacies enter the margin dilutive EV transition phase.”













*To remind,

Félix Tshisekedi, Congolese head of state and current president of the African Union, made a historic plea.

"The DRC is a solution country to the climate crisis", a phrase that caught the attention of the worlds media.

Food for thought on the Road to Mining Manono and that ML hey Bro

Cheers

Frank