Month: February 2020

No Picture
Trading Ideas

Musk’s Personal Borrowing Climbs Even With Tesla Stock Surging

February 13, 2020 admin Comments Off on Musk’s Personal Borrowing Climbs Even With Tesla Stock Surging

(Bloomberg) — Tesla Inc. may be selling more stock to help fund its global expansion, but its billionaire chief executive officer is taking a different approach for his personal cash needs: he’s borrowing it.Elon Musk has $548 million in personal loans from Morgan Stanley, Goldman Sachs Group Inc. and Bank of America Corp., according to a regulatory filing Thursday, an increase of about 8% since Tesla’s previous disclosure in May.Tesla will sell about $2 billion of common stock to help fund capital expenditures, the electric-vehicle maker said in the filing. Musk, 48, and fellow billionaire Larry Ellison, a member of …read more […]

No Picture
Trading Ideas

Understanding Put Selling With Advanced Micro Devices

February 13, 2020 admin Comments Off on Understanding Put Selling With Advanced Micro Devices

Last week, War Room members closed out a put sell position on Advanced Micro Devices (Nasdaq: AMD) for gains between 33% and 45%, depending on their entry prices.
These gains occurred in just seven days!
While seven days seems like an eternity compared with some of our other trades that we’ve closed out of in a matter of minutes or hours, something makes this trade and others like it very, very different.
We recognize that we have every type of investor in The War Room, from green recruits to seasoned generals… which is why we have adopted a mentality of making every type …read more […]

No Picture
Trading Ideas

Bernie Sanders Blasts Embattled Utility PG&E Before California Primary

February 13, 2020 admin Comments Off on Bernie Sanders Blasts Embattled Utility PG&E Before California Primary

(Bloomberg) — PG&E Corp., the California utility that’s still struggling to emerge from bankruptcy court, is being dragged into another brutal arena — the presidential campaign.A new ad from Senator Bernie Sanders blasts the power company for repeatedly sparking deadly wildfires, and uses the devastation to argue for his version of a Green New Deal. It signals that the contender for the Democratic presidential nomination sees PG&E as a useful foil as California gears up for its March 3 primary vote.Sanders has built a strong operation aimed at winning in the state, with more campaign offices there than any candidate …read more […]