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11-23-2020, 02:45 PM
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#10676 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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Confirmation Bias.
TSLA is a follow the cult leader stock. Nobody ever calls their own cult leader crazy. It’s alwAys the other guy  | 
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11-23-2020, 03:25 PM
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#10677 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
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The irony is that if this wave keeps on going, I might be able to afford a Tesla. Or is NIO and XPEV thinking of selling EV's in the NA market eventually?
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11-23-2020, 03:42 PM
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#10678 | | OMGWTFBBQ is a common word I say everyday
Join Date: Jan 2005 Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
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Originally Posted by whitev70r  The irony is that if this wave keeps on going, I might be able to afford a Tesla. Or is NIO and XPEV thinking of selling EV's in the NA market eventually? | Long road ahead if they do want to join the NA market. Personally I don't think they will focus their energy and resource at this stage to pass the regulatory and safety requirement require to sell in NA. None of the Chinese car manufacture EV or not has made it way ashore NA.
But honestly why would they at this stage. The Chinese market is huge, If they manage to dominate the Chinese market. That would already justify its valuation, just a little bit.
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11-23-2020, 04:25 PM
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#10679 | | My homepage has been set to RS
Join Date: Mar 2004 Location: East Van
Posts: 2,160
Thanked 854 Times in 422 Posts
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Originally Posted by Razor Ramon HG I'd probably hold.
When TSLA is added to the SP500, index funds will liquidate what TSLA is replacing and re-balance further bringing TSLA up more.
I think a reasonable expectation is $550 by EOY. | Still thinking $550 by EOY? I could see it going higher if people ride this wave.
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11-23-2020, 04:38 PM
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#10680 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
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Originally Posted by Liquid_o2 Still thinking $550 by EOY? I could see it going higher if people ride this wave. | Yeah, $550 was a conservative outlook.
If momentum holds, $600-$650 seems possible.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | 
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11-23-2020, 05:46 PM
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#10681 | | Even when im right, revscene.net is still right!
Join Date: Jun 2002 Location: Vancity
Posts: 1,365
Thanked 156 Times in 63 Posts
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Originally Posted by Liquid_o2 Still thinking $550 by EOY? I could see it going higher if people ride this wave. | too bad i sold all of my tesla when it crashed in september with its volaitility. kicking myself now but lucky enough i made up for it in nio stock.
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11-23-2020, 06:16 PM
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#10682 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
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There's a difference between being competitive than outright illegal.
Elon says a lot of shit and has feud with many other CEOs like Jeff Bezos and an ego larger than Earth, but that's just being competitive among his peers. Deep down, he's still an engineer at heart and he drives firmly with first principles thinking.
Tesla single-handily defined the EV industry. Without it, all the hype of EV companies such as NIO/XPEV wouldn't have existed. People aren't buying these stocks because they believe they are the next Tesla. They are just riding the EV positive sentiment wave and speculate on smaller cap players because Tesla is too expensive now. And Tesla has the technology, scale, expertise and talents to continue to define what EV, or transportation as a whole is all about. What did NIO/XPEV announce that would separate them from the competition? Nothing... no major vertical integration... no major technology breakthrough or work in progress.
Last time NIO announced anything major was for a battery swap station... an idea that Tesla had done and scrap it altogether... because it wouldn't make financial sense. (every facility needs to be enormous to store all the battery packs. You can install many more charger in the same space/budget)
XPEV didn't spend big bucks to hire ex-Tesla/Apple engineers because of their talents, but because they could bring the works those companies have done. If only one... ok... I'd give to personal greed, but that was 2 engineers from two separate major techs focusing on the EXACT same tech. Too much to just be a coincidence.
They might be a great pick in short term to speculate on, but it's not what I'd consider for long term investments. Too much risk and unknowns. You never know what's going to be the headline for it the next day.
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Nothing for now
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11-23-2020, 07:07 PM
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#10683 | | Diagonally parked in a parallel universe
Join Date: Apr 2011 Location: Vancouver
Posts: 1,414
Thanked 710 Times in 343 Posts
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I realize we might be all holding onto the same positions during these past few months lol.
Anybody still holding onto airlines or oil? 
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15" 328i Wagon
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11-23-2020, 08:17 PM
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#10684 | | Need my Daily Fix of RS
Join Date: Feb 2010 Location: edmonton
Posts: 298
Thanked 935 Times in 177 Posts
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Originally Posted by see.lai I realize we might be all holding onto the same positions during these past few months lol.
Anybody still holding onto airlines or oil? | Not holding any Canadian oil but I have YPF
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11-23-2020, 09:10 PM
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#10685 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,874
Thanked 2,583 Times in 995 Posts
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I have ENB lol
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2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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11-23-2020, 09:15 PM
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#10686 | | Rs has made me the woman i am today!
Join Date: Sep 2006 Location: Vancouver
Posts: 4,157
Thanked 1,346 Times in 589 Posts
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I have been holding onto SOLO since $2.55. Tempted to just unload it now.....
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11-23-2020, 11:32 PM
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#10687 | | Need my Daily Fix of RS
Join Date: Jul 2010
Posts: 294
Thanked 525 Times in 78 Posts
Failed 12 Times in 6 Posts
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The positive I see in NIO is their battery swap service, which takes 3 minutes. In such a populated, dense country, I see it very difficult for residents to charge their vehicles in the first 10 years of going EV.
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11-24-2020, 11:21 AM
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#10688 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
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Originally Posted by ButterFingers The positive I see in NIO is their battery swap service, which takes 3 minutes. In such a populated, dense country, I see it very difficult for residents to charge their vehicles in the first 10 years of going EV. | I thought about it when Tesla decided to drop the plan of battery swap after demo-ing a fully operational prototype.
The problem I think comes down to the cost and efficiency.
Let's say it's 3min to change, and 30min to charge each battery pack. At any given time, such station needs to have 10 batteries. Tesla has 1000 supercharger locations in US/Canada alone (and expanding). That means that if Tesla were to do it, they need to put 10,000 battery packs sitting in those stations. Let's just say it's a single 100kw pack for simplicity (software locked to each car's spec), that's 1M kw... you might be able to optimize a bit depending on data, but still..
Tesla was working somewhere around $160 per KW on their batteries at cell level. That means 160M of capex just to fill those stations and ever expanding. Then there's the logistic of transporting those batteries around because they do go bad and you'd need to be constantly switching them out for repair/conditioning. A truck fleet with a system to load those packs is again an investment easily tens of millions.
Then the station itself... you need space to store those batteries. You either go horizontal or vertical for space. Digging is cost prohibitive, so it's either up of sideways... in either cases, each station would take some significant space. And because you need to have a storage for those, you limit where the equipments can be installed. A supercharger can be installed in an underground garage with minimal modification. Once the real estate problem is solved, how much would a swap equipment cost? Easily a few hundred thousands each, not including the charging part.
Charging part is irrelevant as both cases need those. But that means you have so much extra cost per station...
In the end, I believe Tesla would try to solve the charging wait time by introducing better batteries that can charge faster. However, a battery swap station's time is nearly static... there won't be much changes... it would always be roughly 3min to change it.
And not everyone needs to charge it fully... it's often just to top up enough juice to get to the destination or next stop.
One'd prefer to have a battery swap if thinking from an ICE car perspective.
But I've owned a Model 3 for more than a year now... and I usually plan my routines... if I need to drive more the next day, I'd make sure to plug in at night so I'd wake up to a fully charged car. If not... I just wait until it's below 30% before plugging in. And if I ran close to dry... I'd just find one of the charging stations around (either level 2 or level 3 or Superchargers). And that's with a very limited charging stations. Once EV becomes more mainstream and charging points are everywhere... the charging problem would go away as one could charge every time they park the car.
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Nothing for now
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11-24-2020, 11:47 AM
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#10689 | | RS.net, where our google ads make absolutely no sense!
Join Date: May 2007 Location: Surrey
Posts: 957
Thanked 272 Times in 69 Posts
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Originally Posted by see.lai I realize we might be all holding onto the same positions during these past few months lol.
Anybody still holding onto airlines or oil? | AC up 10% since yesterday
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1989 240sx Quote:
Originally Posted by Presto I went to Saskatchewan once. 30min is all I need to know that I don't want to go back there. | | |
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11-24-2020, 12:12 PM
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#10690 | | SFICC-03*
Join Date: Mar 2002 Location: richmond
Posts: 8,400
Thanked 2,872 Times in 1,155 Posts
Failed 153 Times in 76 Posts
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bought AC when it was 15 a few weeks ago.. sold about 1/3rd of my shares @ 20.. happy i'm still holding 2/3rds now.
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11-24-2020, 09:23 PM
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#10691 | | Even when im right, revscene.net is still right!
Join Date: Jun 2003 Location: Vancouver
Posts: 1,307
Thanked 390 Times in 164 Posts
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Originally Posted by Euro7r I have been holding onto SOLO since $2.55. Tempted to just unload it now..... | Pump and dump. The thing makes no sense, why have 2 doors? It’ll be too costly to manufacture here, and in what volume? People just see a cheap ev stock and buy.
Here’s a pic I took at the crusher.
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11-24-2020, 09:26 PM
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#10692 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
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Originally Posted by koukimonst3r AC up 10% since yesterday | As well, maybe there may be a bit of a wave for NCL since vaccine is just around the corner?
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11-24-2020, 11:51 PM
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#10693 | | My homepage has been set to RS
Join Date: Jan 2012 Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
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[QUOTE=GIZZ;9008275]Pump and dump. The thing makes no sense, why have 2 doors? It’ll be too costly to manufacture here, and in what volume? People just see a cheap ev stock and buy.
Not really. For myself, I like to have intrinsic values with that company before I dump all my money in it.
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11-27-2020, 10:04 AM
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#10694 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,438
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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USA federal cannabis legalization bill to get a congressional vote next week.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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11-30-2020, 11:10 AM
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#10695 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
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VERY screeching up the charts ... go vegetarians and vegans! Got in late at $4 but still pulling hard at 80% gains over 2 weeks!
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12-01-2020, 07:58 AM
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#10696 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
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Woe .. BB shot up like 44% in one day ??!! What happened, somebody buy them out?
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12-01-2020, 08:22 AM
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#10697 | | I Will not Admit my Addiction to RS
Join Date: Jan 2011 Location: VANCOUVER
Posts: 517
Thanked 985 Times in 131 Posts
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Originally Posted by whitev70r Woe .. BB shot up like 44% in one day ??!! What happened, somebody buy them out? | Probably because of this https://globalnews.ca/news/7494362/b...ware-platform/  | |
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12-01-2020, 09:52 AM
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#10698 | | I answer every Emotion with an emoticon
Join Date: Nov 2002 Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
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Hallelujah ... took a while for BB to dig themselves out of the hole but ... go baby go!
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12-03-2020, 04:21 PM
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#10699 | | Need my Daily Fix of RS
Join Date: Aug 2005 Location: San Diego, CA
Posts: 281
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
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AC ripping
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12-03-2020, 05:06 PM
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#10700 | | Even when im right, revscene.net is still right!
Join Date: Jun 2002 Location: Vancity
Posts: 1,365
Thanked 156 Times in 63 Posts
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if i have a US cash account, would it be okay to buy canadian stocks that are still OTC in my US cash account? any repercussions?
Last edited by yameen; 12-03-2020 at 05:13 PM.
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