Investment & Investing

I know you are both talking about Lithium but while on commodities, either of you looked in to uranium?

Whats your thoughts on it?

I hope some of you bought the dip...

Sweet sweet dip

That would go great with some tendies.

I use my Revolut account. It's limited but incredibly easy to use.

FT article:

Tesla is still struggling to generate consistent profit margins from selling its electric cars, leaving it reliant on sales of regulatory credits to lift its profits, according to figures released late on Wednesday.

The US electric car maker reported results that topped Wall Street’s expectations for revenue growth in the final quarter of last year but failed to hit forecasts for earnings, sending its shares lower in after-hours trading.

Tesla’s profit margins in the latest quarter were also held down by $267m in stock-based compensation paid to Mr Musk, tied to the giant pay package that was approved by shareholders three years ago.

The weaker margins highlight the urgency for Tesla of lifting global sales before a new wave of competition hits the electric car market, said Nicholas Hyett, an analyst at Hargreaves Lansdown. Profits from sales of regulatory credits are also likely to fall, adding to the pressure, he added.

In the latest period Tesla generated $401m from sales of credits, accounting for the bulk of its $575m of operating profits. Tesla sells carbon credits to other carmakers that need to comply with environmental regulations.

Tesla’s shares have risen tenfold since March last year to value the company at $816bn. The strong rally was underpinned by its success at maintaining its production and sales growth last year, at a time when other carmakers were struggling — though the latest earnings news trimmed 5 per cent from its share price late on Wednesday.

I've been waiting for Freetrade to transfer money in to my account for an hour now, I'm missing the dip.

Apple pay works instantly (£1000 lifetime limit)

Oh nice, thanks for the info, turns out Google Pay does it too

Do y'all have your own islands yet?

nah this is JB

There seems to be a lot of focus around keeping the price sub/ in excess of $200 depending on what side of the fence you're on.

What's the reasoning behind this?

Wouldn’t JB just go through the Family Office for his trades?

Cancelling Netflix, putting the money into GME. So much entertainment.

support levels ^^^

some funds may have set their broker the task of buying shares when the price hits $200, so as soon as it hits that level all buy orders get filled and the price stays there or bottoms out there until the order is filled

vice versa with sell orders

possibly

v confused @amey @Mickie_Cricket

Good day for Robinhood

Never invested (gambled?) before but have put tiny amount in each of the meme stocks - GME, AMC and BB. Too much fomo otherwise!

$GME, uniting America

I think we are actually seeing history in the making. There’s no way this story is going away overnight, and with class action suits and US congresspeople calling for explanations on possible market manipulation.... it’s movie-worthy.

I cant see how Robinhood is allowed to just stop purchases. If there is collusion, that's it!

Well aren't citadel the owners of robin hood who also happen to have their hands in Melvin capital pockets?

There largest customer is Citadel, who now have a big position in Melvin which is one of the hedgefund's with the large position that started it all but no collusion to see here

It's fucking dirty and that's why it's so satisfying to see them get done over (ish).

How the hell is this even allowed to happen?!