can somebody explain me what he says from minute 6.01-6.23?
I understood the words like this(whithout grasping the sense):
"If you look at all the companies that keep auto-creating, every single round in every single company everytime we sold stock in one of this companies every single round has been an upround. Thats about 32 rounds over five companies since 1995 without exeption. So if you are a short-seller, yoo know, consider these odds."
As far as I can tell, this might mean that even when stock was diluted, it increased its value, which might refer to events such as raising capital for Model X (just guessing, might be wrong).
yapp, you're right, he probably meant his own track record.
In the setup to the interview (@ 0:40) the guy says "Tesla ... losing money on the sale of every single of its Roadster sports cars." That's not right, is it? Fairly sure Tesla makes some profit on each Roadster, though clearly the company is losing money overall for the near term.
Here comes the up round: http://www.reuters.com/article/2011/...sSector&rpc=43
In a regulatory filing on Wednesday, Tesla said it planned to raise up to $158.5 million through a public offering of 6.095 million of its common shares, including 795,000 shares granted to the underwriter in a 30-day option, at $26 a share.Apparently as a result: "Tesla shares rose 5.8 percent to $28.27 in midday trading on Nasdaq."Tesla said it plans to use some of the proceeds of the offering and the private placement to fund the development of its Model X crossover vehicle.
[More info in the article, Elon and Daimler getting more shares.]
Last edited by Norbert; 05-25-2011 at 09:36 AM.
I was really surprised to see that nearly half the stock available is being shorted. That's good for those that think the company has a bright future but I really not sure where they're getting this negative sentiment from.
Nearly all the analysts that have had the chance to review the company have given it an "over weight" or "buy" rating. Im just wondering what their negative attitudes are based on.
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