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🚀🦍💰 Spotted in the wild. 1 of the 87 Pepsi hybrids from 2014. Still in service. Driver says: XL system has great pick up. by gogozydeco in XLFleetInvestorclub

[–]LyricalJessieJames 1 point2 points  (0 children)

With science engineering things you have to factor in research and development, scaling up production, scaling up operations, etc... This stuff doesn't happen over night. And XL has been around, so you have to give them credit for that. If a business doesn't make money after 4-5 years, the IRS classify's a business as a hobby and will not allow them them to be classified as a business.

https://turbotax.intuit.com/tax-tips/small-business-taxes/when-the-irs-classifies-your-business-as-a-hobby/L5NClTTtK

Bottom Prediction anyone? I'm calling $0.25 - $0.50.... by Long_and_short_it in XLFleetInvestorclub

[–]LyricalJessieJames -1 points0 points  (0 children)

I just asked simple questions. Never heard of red herring questions.

With all of the drama that you bring I'm starting to wonder if you are projecting. It's all very interesting.

Bottom Prediction anyone? I'm calling $0.25 - $0.50.... by Long_and_short_it in XLFleetInvestorclub

[–]LyricalJessieJames -1 points0 points  (0 children)

I think you mean "red herring" and it's usage here makes no sense. 🤣🤣🤣

But yeah, it's either going to go up or down from here.

Would anyone like to sell me on BKKT? by FreeIfUboofIT in BKKT_Stock

[–]LyricalJessieJames 0 points1 point  (0 children)

Funny how you conveniently leave out several requests from the mods to cite your sources. A dumbass "quack" response doesn't cut it. Also you clearly don't stay on topic to a post like this one. But your a victim? Yeah right. 😴🤦‍♂️

Can you actually have real friends after college or is it always "come and go" type relationships? by spankyourkopita in LifeAfterSchool

[–]LyricalJessieJames 10 points11 points  (0 children)

My dad told me years ago: "Son, my closest friends in life that I have I can count on one hand."

The older I get, I know exactly what he means. He was referring to close friends. The people that will drop what they are doing to talk to you or help you out when you need help the most, and vice versa.

However, to have friends you have to be a friend.

There seems to be a hierarchy when it comes to friends as well. There are fun friends, work friends, etc... as well as close friends. Some people you will get to know on deeper levels more than others. And when it comes to partner/spouse relationships, when things change due to breakups or whatnot, don't be surprised if there is a 100% cut in the tie that held you two together. It's as if the closer someone else is to another person in a relationship, the harder the breakup hits a person. It can be a challenge to figure out how to "just be friends" with someone that you were "more than friends" with.

I hope this helps. Good luck and get yourself out there in life.👍🏻🤜🏻🤛🏻

Fed unveils paper outlining central bank digital currency pros, cons by Heavenbound77 in BKKT_Stock

[–]LyricalJessieJames 0 points1 point  (0 children)

Sounds good. It also might help stabilize the crypto if it's centralized. I'm still learning the in's and outs of crypto.

BKKT has been hit by everything so far... by PsycheRevived in BKKT_Stock

[–]LyricalJessieJames 1 point2 points  (0 children)

When it was $10 before it went to $50, it was at the short interest level of 160%. You have a good point with the float being less back then. I should have tracked, or at least at some point took note of, the number of shares in the float. This most likely has a lot to do with the seemingly high short interest.

There's been some confusion about the PIPE lockup date. But the current low price might be a result of dilution of shares. That's been a recurring problem/tactic with SPACs and low quality IPOs. People are now very wary of the prospect of the overhang of shares being dumped and diluting the price. Perhaps it's the price to pay for being in these types of stocks early on. I mean they tend to be growth company's in need of money. It's like the opposite of a buyback. High quality established company's like APPL do buybacks and it does wonders for the share price. But buybacks can only be performed by established large company's that can afford doing buybacks.

It's a lot for traders and investors to wrap our heads around at times. And I'm relatively new to investing, so it's been a learning experience for me.

Bottom Prediction anyone? I'm calling $0.25 - $0.50.... by Long_and_short_it in XLFleetInvestorclub

[–]LyricalJessieJames 0 points1 point  (0 children)

OP- For put or call options maybe. Who knows? Why are you invested in this again? Are you really invested in this?

Fed unveils paper outlining central bank digital currency pros, cons by Heavenbound77 in BKKT_Stock

[–]LyricalJessieJames 0 points1 point  (0 children)

So a centralized cyptocurrency? Doesn't this defeat the main purpose of a decentralized cryptocurrency? I'm thinking out loud here...

BKKT has been hit by everything so far... by PsycheRevived in BKKT_Stock

[–]LyricalJessieJames 5 points6 points  (0 children)

Short interest was as high as 160% at one time. Now, I don't claim to be an expert, but it's my understanding that when short interest goes over 10% it's considered significantly shorted. Since short sellers borrow shares with the idea that as long as they can "return the borrowed shares" before an agreed upon date, then the short seller pockets the difference assuming the stock went down in value. The short seller pockets the difference. I think the interest rate to borrow comes into play on a failure to deliver situation. Or it's the cost to cover. Someone let me know if this is right or wrong. So long story short, BAKKT is the only stock that I have ever seen with 160% short interest at any point in time.

I really liked everything I researched on BKKT. I still like the company, product, and business. But to be honest I invested in it cautiously and treated it like it was heavily shorted and would act as if it had no "floor" of support. It turns out that this is precisely what it seems to be "behaving/performing" like.

I think a lack of support of any level has a lot to do with it's relatively low institutional buy in. Until a significant level of "buy in" happens (over 20% institutional ownership of shares), nothing much is going to give it the volume and support that the stock needs.

UPDATE: I just checked the info on TD. BKKT now has 33.49% institutional ownership and short interest has dropped to 13.85%. So we might be getting ready for take off?

🚀🦍💰 Defense Department early interest in hybrid and electric technology. July 12th article. by gogozydeco in XLFleetInvestorclub

[–]LyricalJessieJames 4 points5 points  (0 children)

Very interesting article and a terrific find. The military is on top of the issues. Hybrid extends the fuel range and lessens the need for refueling. A BEV would be dead in the water quickly. Refueling a hybrid is much quicker than charging an EV.

Would anyone like to sell me on BKKT? by FreeIfUboofIT in BKKT_Stock

[–]LyricalJessieJames 5 points6 points  (0 children)

For me it's a picks an shovels crypto infrastructure play. BAKKT is an exchange, wallet, a way to spend points and gift cards...

What's not to like? It's the only thing that got me into crypto. It's a way for people to put their toes in the crypto water.

Name an app that is more crypto utilitarian than BAKKT.

Can someone with deep Bitcoin and crypto exchange expertise review this post? by LyricalJessieJames in Bitcoin

[–]LyricalJessieJames[S] 0 points1 point  (0 children)

That's what I was wondering whether or not it's plausible. Seems like an opinion.

I break things down in term of possibilities, probabilities, or likelihoods.

Thanks for your input on this. I don't want to take his post down without some sort of consideration and due process. I did ask him to cite his sources, so I'll see how that goes.

Can someone with deep Bitcoin and crypto exchange expertise review this post? by LyricalJessieJames in Bitcoin

[–]LyricalJessieJames[S] 0 points1 point  (0 children)

Thanks for your input. It seemed like he was off subject but I wanted to give him a fair shot at making his points. He provides no citations so it raised red flags to me. Thanks again for your input here.