Guys before I get into tomorrows picks I want to share my favorite videos of all time. If the link doesn’t show up please just copy and paste it into your browser.
Tomorrows Stock- Surprise Surprise, its Tesla. The stock has gotten tremendous press during the last week. 1st great news was the its earnings report. 2nd wave of great news came as Morgan Stanley raised its target price of Tesla to 320. 3rd wave of great news came when Consumer Reports magazine has named Tesla’s Model S as its overall top pick for 2014. The last wave of great news is the most significant to me. CEO Elon Musk is expected to make an announcement about the much anticipated Gigafactory ( Megafactory). Tesla would be teaming with Panasonic and Sanyo to fund the battery factory with $2 billion, it is an interesting development mainly due to the fact that Panasonic its Tesla’s battery supplier. The battery plant would easily solve Tesla’s issues related to production and would help Tesla reach its goal of delivering over 35,000 cars in 2014. Tesla BROKE RESISTANCE LEVELS 1 AND 2 today!!! just keep that in mind ( for my technical traders)
Update on our long term stocks FNMA has gotten up to $4.04 per share as it is up 33% since we recommended it at 3.02. PLUG is also up 29% at 3.90 since we recommended it at 2.93$ per share. VJET is up 11% since we recommended buying it at 30$.
STOCKS to watch BA TRMR ( undervalued)
STOCKS to stay away from CISCO, FSLR ( weak guidance) ,ANV ( weak earnings)
PENNY STOCKS for tomorrow ( Mitchell )- JRRD,UMDI,FRFS,MEDT
Penny Picks by @1loveca will be released shortly before tomorrows open!!! Stay Tuned!
UPDATE 9:06 EST CA CHASE”S Picks are GDSM, FFFC, CLNP
PLUG up 15% and Tesla up 5% during pre market hours. I am a very happy man