Tuesday, November 9, 2010
This trade entails more risk than I have been taking of late. It will be volatile in the next hour and then after hours. I might be better off walking away and holding this one for years. I took a look at options but they only go out to Jan 2012 which is the earliest time they will put out new cheaper model car.
Think about this IPO. They are using the money to buy and build new products for market. They in many ways are the first entry in this field. They are partnering with Toyota and Mercedes. This could be a game changer.
Now that I've gathered all this evidence we will have to see if I let it affect my trading.
Posted by nursebee at 1:02 PM