During the tropical seasons of August 2018, Elon Musk on an interview, which went so viral and contravention, predicted that the Tesla company stock would hit the magic number of 420 US dollars by taking Tesla private. The price was a 20% premium during that time.

Tesla Troubles

Shortly after the podcast, Elon Musk seemed to take a hit on a marijuana cigarette, leading to the judgment of Elon Musk’s behavior among investors and board members. This issue even reached the SEC (Security and Exchange Commissions), forcing him to step down from the chairman position for more than 3 years.

Fortunately, Elon Musk has secured a legal achievement during the month of December.

Tesla faced plenty of challenges like distribution challenges, a sales slump and quarterly losses. All of this led to heavy losses in Tesla shares, as low as 117 dollars a share in June.

In recent months, there was a great shift in the wind for the Tesla team and Elon Musk. The rise in sales boosted Tesla to a great gain in the third quarter, they introduced the fourth car, and even completed the construction of a new factory in China, the world’s largest potential market for electric cars.

After two months of complete exertion, Tesla is instantly over the share price offered in the last year.

When American companies decide to go public, they have to go through an Initial Public Offering (or IPO). This is a lengthy and expensive process that takes months, perhaps longer than a year. Audits, investigations, legal fees and many other factors play into an IPO and not everyone is willing to undergo this. That’s when reverse mergers come into play: A reverse merger is a process where a private company acquires a publicly-traded company to bypass issuing an IPO and becoming a public company faster. There are a lot of companies that have used this method, both successful and not.

NYSE

The most well-known case of a reverse merger happened on December 6, 2015. The New York Stock Exchange (or NYSE), a business with over 200 years’ worth of history, decided to merge with Archipelago Holdings, an electronic trading company. The sole objective of this merger was for the NYSE to become a public traded company. Four months later, on March 2016, NYSE became the NYSE group and Archipelago Exchange turned into its subsidiary under the name NYSE Arca.

This reverse merger proved so successful than less than a year later the NYSE group completed another merger, this time with Euronext. The result was NYSE Euronext, a transatlantic stock exchange, the first of its kind.

Starting from the Bottom Tim Grittani Interview

The Tim Sykes interview started by looking at the past six months of the year. It was a great start for 2019 for Tim Grittani who took time off for a new family member. He took off April and some of May from his daily trading and still made $1 million. He back to full time back in June. Coming back was a little difficult as he forced some trades at times but it did not lead to any large losses in June. He called the June loses “Paper Cuts”, $40,000.

He was able to finish off June in the green (profitable). He updated the site Profit.ly at $8.4 Million overall gains. His best period was a $160,000 week in July. Now his total lifetime overall profit is at $8.5 to $8.6 million.

Grittani discussed dealing with emotion as a life long battle regardless of the amount of time or money earned. It has become easier because the huge losses no longer happen, he added. After his last big loss he sized down and had to earn the right from himself to size up again. Sykes loved this process. He also utilizes a mistakes journal. He would log anytime he got stubborn or played too large or broke some key rule. He would look at the totals for the month in the journal.

Sykes likes to also log his successes so he can find mistakes there also. Like getting out too early or being too aggressive. He likes to look at the progress and the long term outcome. Grittani turns off his profit and loss column while he trades which is something Sykes is unable to do. He focuses on the long-term plan and not the daily results. He thinks in weeks or months. And is able to notice mistakes easier.

After a bunch of wins or losses, he doesn't think about the number of days/trades in a row he is green. ”Don't worry about getting back to break-even on a trade.” Grittani said. "It's a marathon and not a sprint." Sykes added, They both agreed to trust the process, think longer term. In summary, to make life changing money its going to take 2 years. You have to wait for trades to come to you.

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Stock Advisor Motley Fool

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You would get two new stock recommendations every month. Ten timey buys. Foundation stock picks to get started. And lots of education materials plus the forum community.

Uber On Stock Market

Many are suggesting to buy Uber as it is a leader in the coming offline era. Internet businesses are increasingly shifting to offline strategies over online services, and Uber has capitalized on that early in the cycle. This creates a better long term strategy and plus a reason to own the stock.

Uber stock took off today after receiving positive calls from a number of analysts. Uber’s stock was down about 5% since its market debut (IPO) at the New York Stock exchange (NYSE) in May. According to the Bloomberg service, Uber just received 0 sell ratings, 21 buy ratings, and 5 holds. The average 12 month price target from those analyst was $53.70. Some at Lead Edge Capital think Uber stock is dramatically undervalued.

The company has 93 million monthly active customers of its app for both food delivery and transportation needs, the ride-hailing company over the next five years can attain 25% revenue growth, according to Raymond James.

Sam Waksal

He was the chief at ImClone until disaster struck.

Indicted: October 15, 2002 of securities extortion, bank misrepresentation, deterrent of equity, and lying to the courts.

Understood as a great networker as much for concerning logical aptitude, in 1984 immunologist Sam Waksal established the company ImClone. The NY-based biotech firm remained generally obscure until 1999, when it announced the drug Erbitux — a malignant growth battling drug so encouraging it persuaded pharmaceutical mammoth Bristol-Myers to buy one billion dollars of ImClone stock in one of the biggest US biotechnology combinations in history. Be that as it may, when the Food and Drug Administration (FDA) dismissed the medication, Waksal cautioned a few relatives and companions to sell their stock as quickly as time permitted — before the FDA's choice had been released to the public. Waksal's dad and little girl sold over nine million dollars of ImClone stock, a move that grabbed the eye of the Securities and Exchange Commission (SEC) and in the long run prompted Waksal’s capture.

One of the biggest names in the financial world is Berkshire Hathaway. They own huge well established companies such as American Express, Apple, Burlington Northern Santa Fe and GEICO. They also share in several other well-know companies such as the Coca-cola company, Bank of America and Wells Fargo. Berkshire Hathaway was started in the 1830s as a textile manufacturing company. This mill grew into one of the most successful of all time. It wasn’t until the 1950’s that the Hathaway Manufacturing company merged with Hathaway to become Berkshire Hathaway.

Warren Buffett

In our modern world, the company is a multi-million dollar asset under the control and leadership of Warren Buffett, who is the chairman and chief executive of the company which focuses on long term investment strategies and diversifying business interests. Today, Berkshire Hathaway is one of the top players in the financial world and active partner in main international deals and agreements. According to the Forbes Global 2000 list, Berkshire Hathaway is the third largest company in the world. Their class A shares are currently selling for over $300,000.00 and are worth every penny. The number of big name companies that are connected with Berkshire Hathaway’s stock is the reason they are priced so highly. These businesses are tops in the world and will not look to disappear any time soon. Apple is one of the companies and they have such a firm grasp of the technology sector that they won’t be leaving the business world for quite sometime. The same can be said for the number of insurance companies who are doing better than ever with the rise of the pharmaceuticals industry worldwide.

Berkshire History of Cash Reserves

What really makes the Berkshire Hathaway stock worth so much is Warren Buffett. He took the old textile company and made it into one the most stable and investable business ever. He mandates the firm keep a minimum of $20 billion dollars easily at hand, though lately that number has been more than $100 billion. That makes this company a highly investable asset. This is a company that is actively investing in strong stable companies and has no debt to speak of in regards to them. To be bought by Berkshire Hathaway means that, that company is also a strong stable entity. Companies all over the world want to be acquired by Berkshire Hathaway because it will mean their business will grow beyond their wildest dreams and become one of the more sought after companies in the world.

A lot of people settle for day trading to make massive cash loads in a short frame of time. Trading is a business type where being a millionaire in about two to three years is possible. However, most people do not make it. Rather than profits, we watch our savings plummet in a moment. This article is going to educate you about an ordinary young trader who has made a tremendous success.

Who is Tim Grittani?

Tim Grittani is the day trader who managed to invest from $1,500 and reap $4 million in about three years. He was keeping a record of his trades in the environment of profit.ly, where it allows you to import your results straight from the broker. He is among the top-notch winners in the community of profit.ly and among the few traders who have shown a verification of their trades. He shows openly his trade as well as his losses.

Tim Grittani is a student of Timothy Sykes (penny stock trader and trainer born 1981 Orange Connecticut). He is not only a successful trader but also a teacher. He gives answers to questions from the students in the chat room of the trading challenge. Timothy, who is also his friend, has motivated Tim to create a DVD that shows his strategies to the other people who trade or who could be interested in trading. His DVD his created for people who would want to day trade and possess time for watching markets in hours of trading.

Trading isn’t something which can be learned in a day or two. It can take months and years of studying before you can come up with a formula to deliver success in trading. However, it’s also not rocket science as some people would have you believe. And this one fellow, Timothy Sykes, made a handsome amount of $1.65 million just by day trade, and that too while attending University.

Who is Timothy Sykes?
Timothy Sykes is just another man like us and has graduated from Tulane University. Except that, yes, he made $1.65 million in trading small range stocks. In simple terms, Tim Sykes is a cent stocks trader, which is also commonly known as a penny stock trader.
During University, he often used to bunk classes to do day trade. He soon started a small hedge fund called Cilantro Fund Management as well. In 2008, he again invested with a sum of $12,415 and converted it to $90,368 in two years.
Now, he works as an educator. However, he’s particularly active as a financial activist as well.

Day trade Software
Any investment starts with the right education. If you aren’t well aware of how trading works, then the first step is to read and learn. After that, choosing a dependable trading software will also be a key point. A day trade software is something that helps in daily trading of stocks. This software also helps in trading of other financial instruments as well.
Tim Sykes trading software is basically a day trade software which enables you to be better informed about the current market trends, and would also help you make the optimum choices for trading.

There are three key ways for companies to go public, each with its own advantages and disadvantages. The first is to use an investment bank and Initial Public Offering (IPO). The second option is to use a lawyer and auditor to file paperwork reporting as a public company, and the third, and arguably the most advantageous, is to initiate a reverse merger.

What is a Reverse Merger?
Reverse mergers are mergers acquired by a private company in order to make themselves public. While the initial process of becoming a public company is complicated, long-winded and expensive, using a reverse merger is an easy way for a private company to convert to public and get listed on the exchange.
Reverse mergers have becoming a very respected way for businesses to restructure. While lawsuits are fairly common, reverse mergers have a number of advantages, and help private companies become listed as public without the issues that stem from listing a company via an IPO.