The Stock That Never Goes Down

Discussion in 'Stocks' started by vanzandt, Jul 28, 2017.

  1. vanzandt

    vanzandt

    TSLA? FB? Pigflix? .....AMZN?
    No way.
    I have one that'll put ALL those charts to shame.
    RACE.
    Ferrari.
    Don't short it though. It only goes up and earnings are next week.
    Funny money has to be spent somewhere.
    Might as well buy a race car.
     
  2. France and UK announced this month that only all-electric new cars will be legal from 2040. Other countries will follow.
    Ferrari said last year they will never do an all-electric car. They will have to back track on that one i think. But in the mean time they will be way behind on technology. And no one will pay premium prices for inferior technology.
     
    Last edited: Jul 29, 2017
  3. dealmaker

    dealmaker

    They're not in the business of cars, rather luxury/ exotic merchandise, heirloom business. Read professor Aswath Damodaran's ( Columbia) take on Ferrari.
     
    Last edited: Jul 29, 2017
  4. just21

    just21

    Ferrari are learning about electrics as F1 cars are hybrid.
     
    lawrence-lugar likes this.
  5. just21

    just21

    The Mercedes F1 hybrid engine is 49% efficient. When this technology gets to road cars then they will be competitive with electric.
     
  6. %%
    Great 20 day chart, pretty perfect;
    HMC looks much better ,chart + fundamentals ,max data:cool: NOT a stock tip or prediction
     
    vanzandt likes this.
  7. ET180

    ET180

    RACE is not the best example. That stock only has a little only one year history. My pick would be Fiserv (FISV)! It's been parabolic since around March 2009.
     
    dealmaker likes this.
  8. vanzandt

    vanzandt

    Up $3.80 pre-market.
    $108.82
    They said they're gonna make a utility vehicle.:cool:
     
  9. vanzandt

    vanzandt

    $111.77
     
  10. dealmaker

    dealmaker