Market Talk
Before I start this post, I want to declare that I am independent, neither Republican or Democrat. We are just 82 days away from Nov 3. Can you believe it? Just around the bend, America's future will be determined. If Joe Biden and Kamala Harris do win, prepare for some huge changes coming that American's will regret. First off I will borrow a point from Bill O' Riley. A Biden win would be the end of a two party system. It will be a one party future. Why? Because the democrats want to make over 20 million illegal immigrants automatic citizens, open all borders, no walls, no border enforcement such as ICE, de-fund the police, close oil down , free health care like medicare for all that will cost over 50 TRILLION dollars! Basically the democrats want to buy their way into power. Once there, that will mean the end to reasonable discourse in America, high taxes, socialism and a Venezuelan like future.
For this reason, as an INDEPENDENT , I can't vote Democrat this year. Too much is at stake. I did vote for Obama. But- if you want to give America away to a globalism, go ahead! For example, what will happen- Government run healthcare. But healthcare will decline in quality like the ole VA system before the rules changes where vets could seek private healthcare. High taxes to create "social equality".
yea right. Turn on the TV. Did you see what the tonight show did?
They fired the white guy - Higgins that cracked jokes with Jimmy Fallon. and Jimmy Fallon? he went over to the New York Times elite non stop bashing President Trump. But the funny thing he's NOT funny! They got rid of Higgins (got rid of the white man! as they say) and now Fallon just yaks with the mostly all black band. Not funny though. Soon I predict Jimmy Fallon will be replaced by? yep.
My daughter went to BLM demonstration. It was peaceful and she left just at curfew in nyc. She came home and I told her I am not a big fan of BLM. She asked why Dad? I told her I favor ALM - all lives matter. She got angry at me and left the room.
I love all people. If Joe Biden had picked a Black person like say - Charles Barkley, the 76 basketball player and now announcer. Oh my it would have been great. I have watched Barkley as an American and yes a Black man but one with all Americans and he has common sense with HUMOR. In short he is color blind, like me. Is there injustice? yes, but knocking down statues of George Washington and Christopher Columbus and be-heading them? to quote one democrat- Come on man! Fight it within the system.
I don't want Antifa running America!
Stock Talk
I am watching Nikola (NKLA). An upstart in electric vehicles with no earnings yet but landing contracts. Speculative? yep. But a huge garbage truck contract and a potential pickup truck contract may be competition to Tesla. Look at Tesla share price. Did I hear the flamboyant Mr. Musk say even he thought Tesla was over-priced last month? This is a fair article on NKLA.
https://finance.yahoo.com/news/tesla-rival-nikola-scores-deal-to-make-thousands-of-1000-horsepower-electric-garbage-trucks-130025051.html
when buying a speculative new IPO, there a sometimes factors beyond fundamentals to watch. I mean , look at Amazon. for years it seemed like the stock was too high based on earnings fundamentals. Then it caught up to share price. Will that happen with NKLA? I do not know said the blind man. However, a new pick up truck contract with the recent refuse truck contract may cement the notion in the investment community that NKLA may be the real deal.
now on to another stock ..
Inovio (INO)? It's a dark horse I call a mudder in the vaccine arena. But the real enchilada is in the cancer pipeline. Readjusted my small position to cut loss from the fade but still have "some" to be in the game with some INO should INO 4800 funding come in or wait to see how long shares work out with the GBM and Cervical Cancer drugs in the pipeline. Targeted T cells to make up for some people's genetic pre-disposition to cancer seem to be working from early data.
Maybe a small share holding of INO may be a way to take part in possible near term upside should the other vaccines falter or Inovio shine in on going Phase 1 clinical studies that would result in OWS or CEPI funding. But after this week's market beating, I am not counting on it. Still, it is possible because the T cells and antibodies generated by INO4800 DNA vaccine may precisely target Covid 19. Well maybe it's all too late and Johnson and Johnson have it locked up? Only the future will say, not me. I will surrender and hold just some INO. I had too much into it before and got "kilt".
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ALL in my humble opinion, scroll down and read more..
