Stock Model
- Thread starter nitro
- Start date
SPLS has really tanked since then, and I have to admit I'm looking at it as a long term value investment. There should be a couple of more weeks of selling on this thing as fund managers finish off dumping it, and by then the sellers should be gone. Value investing is not my forte, so I'm really not sure what to think, it's just my best uneducated guess. Run it through you machine and see what you come up with now.
Well, if we want to be 100% accurate, the answer is that it is under performing. You have to compare the ranking of the stock to the overall market. Currently, SPX is ranked at 3. So staples is definitely not a long at a ranking of 2.
That is why I always try to pick stocks that are ranked four or more for my longs, since that is guaranteed to be higher than the SPX rank 99% of the time. That said, shorting a stock that is a 2 seems a poor play also, at least by the measure of this stock model. It doesn't mean it is wrong, it means that if you go against stock model, you have an insight that mechanical rules aren't able to quantify.
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Nitro, you are very quiet on the ET. So what do you think of TSLA now? And look at this link too.
"After Romney reiterated that he was in favor of government support of industry research, he turned to Tesla, Fisker, and also failed solar-panel maker Solyndra.
According to the complete debate transcript, he said:
I have the kind of commitment to make sure that our industries in this country can compete and be successful. We in this country can compete successfully with anyone in the world. And weâre going to.
Weâre going to have to have a president, however, that doesnât think that somehow the government investing in â in car companies like Tesla and â and Fisker, making electric battery cars â this is not research, Mr. President.
These are the government investing in companies, investing in Solyndra. This is a company. This isnât basic research. I â I want to invest in research. Research is great. Providing funding to universities and think tanks â great.
But investing in companies? Absolutely not. Thatâs the wrong way to go.
Technically, the U.S. government has not "invested" in any of the named companies. It does not have an ownership share--unlike its equity holding in General Motors and, previously, Chrysler.
Instead, both car companies received low-interest loan guarantees from the U.S. Department of Energy under its Advanced Technology Vehicle Manufacturing program, launched in 2008 under the administration of President George W. Bush.
Barack Obama
Romney followed his criticism of Tesla and Fisker by reiterating that he "wanted to make America more competitive" and "do those things that make America the most attractive place in the world for entrepreneurs, innovators, businesses to grow."
He then said to Obama, "But your investing in companies doesnât do that. In fact it makes it less likely for them to come here."
President Barack Obama did not respond specifically to the criticism of Tesla and Fisker.
Predictably, electric-car advocates reacted adversely to Romney's words.
"What I don't get is why, with all of the crazy things our taxpayer dollars get spent on, Romney keeps beating the Tesla drum," observed Tom Saxton of Plug-In America on Facebook.
In attacking Tesla, he said, the governor is "beating down a company that's developing new technology, creating American jobs, reinvigorating the American auto industry, and maybe leading us to an opportunity not to be so totally dependent on the world oil market."
"What I find interesting is he's alienated a lot of Republican who support electric cars--and, yes, there are quite a few of them," commented electric-car advocate and Montclair, New Jersey, restauranteur Tom Moloughney.
"I personally know at least 10 people who are Republicans, who didn't vote for Obama in the last election, but are going to in this one because of Romney's stance on the issue."
Neither Tesla nor Fisker arose during the second presidential debate, and Fisker was only indirectly cited in the Ryan-Biden vice-presidential debate.
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http://www.greencarreports.com/news...sla-fisker-again-in-final-presidential-debate
And this too nitro. I will tell you my grandfather's opinion is he very sure of this to be the future of the cars. And he say USA will make this go forward.