SpeedGarage Investing Club???

Here is the forum to discuss all things non automotive. Suggestions for subforums are welcome!
Post Reply
jhwalker
Fourth Gear
Posts: 2917
Joined: Thu Aug 07, 2008 8:04 pm
Location: Central Mexico

SpeedGarage Investing Club???

Post by jhwalker » Tue Apr 04, 2017 7:43 am

OK. I sucked on the Laker win total prediction, but how about some stock picking?

What do you financial scholars think about Tesla? Market value greater than Ford -- Ford makes $4billion + Tesla loses 670 million same period.
It screams out for shorting, but the shorts have lost their shirts in the past 4 months. :doh: Makes no sense to me. Thank goodness Terri would not approve my short play a couple of months ago. Feels like even MORE of a short opportunity now :lol:

jhwalker
Fourth Gear
Posts: 2917
Joined: Thu Aug 07, 2008 8:04 pm
Location: Central Mexico

Re: SpeedGarage Investing Club???

Post by jhwalker » Tue Apr 04, 2017 8:06 am

A note of caution. :-D http://markets.businessinsider.com/news ... 1001734023

But WTH, it's only money... :think:

User avatar
xbacksideslider
Second Gear
Posts: 736
Joined: Mon Apr 01, 2013 10:38 am

Re: SpeedGarage Investing Club???

Post by xbacksideslider » Tue Apr 04, 2017 2:29 pm

Companies with cash offshore are in line for a pop when tax reform allows that cash to be repatriated.

Apple borrowed against some of its ex-patriot cash, at minimal rates, to avoid taxation of that cash. Better to pay low interest on fully cash collateralized (no liquidation expense) money than to pay high taxes on that collateral.

Apple, Google, Microsoft - all good bets assuming tax reform since both parties say they want that cash repatriated.

Post Reply

Return to “General Discussions Unrelated to Cars and Motorsports”