Thứ Ba, 22 tháng 11, 2016

Nonsense from John Petersen part 8

  • Apr 7, 2014
    JohnQ
    Mt Kisco could take my car within 2 days for annual service but I requested a loaner so that meant a week before it was available. My loaner was a 60 as well but with just about everything (no extended leather, haven't looked for 3rd row seats).
  • Apr 7, 2014
    Theshadows
    The loaner I got two weeks ago was a 60 and it had less than 1000 miles on it.
  • Apr 7, 2014
    Robert.Boston
    After.
  • Apr 8, 2014
    hershey101
  • Apr 8, 2014
    dsm363
  • Apr 8, 2014
    hockeythug
    From the comments:

    "The only thing I've been spectacularly wrong about is the price performance of Tesla's stock. My facts have always been spot-on accurate."
  • Apr 8, 2014
    Chickenlittle
    Can't tell who is posting article until after you click on it always groan when I see his name on it. Wish I could avoid it but he does need some income
  • Apr 8, 2014
    AudubonB
    True dat. There is a problem, however, with your non-facts, one of which is they massively outnumber the facts.
  • Apr 8, 2014
    hershey101
    Well I was hoping the thread's title would clue you in on who it was :p
  • Apr 8, 2014
    ckessel
    In other words, spectacularly wrong about the only thing that actually matters for someone looking to invest...
  • Apr 8, 2014
    gg_got_a_tesla
    Indeed. Whenever he pens an article like this, it's time to buy a bit more of TSLA.
  • Apr 8, 2014
    smorgasbord
    If Petersen lived a hundred years ago, he'd be writing in 1908 that Henry Ford was crazy to be building his own Steel Mill to make a new kind of steel (Vanadium Steel) for his upcoming "Model T". I can see it now..."Yeah, Vanadium steel is stronger, but it's only been used on extremely expensive high-end cars from France - how's HF going to get the expertise to build the first mill in the US that can actually make it? Besides, no-one has yet sold as many cars as Ford says it will sell Model Ts - and they're all black!"

    About the only thing JP's been right on is repeating the phrase: "History doesn't repeat itself, but it does rhyme."
  • Apr 8, 2014
    Cattledog
    In the comments section of his post he wrote:

    Mr. Musk is the most amazing promoter I've ever seen and his propensity for extreme risk is world class. His dreams are immense and his ability to make some of those dreams reality is unquestioned. In the Tesla casino there are 64 numbers on the roulette wheel. You'll get a double if the wheel comes up 00 and you'll get to keep your money if the wheel comes up 0, all the other spaces on the board are losers. Do you feel lucky?

    To which I replied:

    So you are saying that if you own TSLA your chances of making money on that investment, going forward, is 1 in 64? (62 losers, one break even, one winner - BTW, there are 36 numbers + 0/00 on a real roulette wheel (?)) In what timeframe? A day? A week, a month, a year, a decade? Actually, please pick 64 dates starting from today forward, publish them, and we'll see if TSLA is above yesterday's closing price of 207.52. If you don't pick them, I suggest monthly for the next 64 months. Please do this publicly and stand behind what you say.

    And then an hour later added:

    Until I hear back from John, I'll be keeping a 'John Petersen Challenge' on my blog starting after market close today. I will use the following 64 dates: today, 4/8; the remaining Mondays in April, 4/14, 4/21, 4/28; and the close of trading on the first Monday of every month from 5/5 though the next 60 months, ending on the close of trading on Monday, April 1, 2019 (ironic). I'll declare victory for John if the price of TSLA is at or below 207.52 on 63 of 64 of those dates.

    So the results of the first data point are in!

    Close on 4/7: 207.52
    Close on 4/8: 215.46
    Gain: +7.94

    So John will win the challenge if he's correct for the next 63 data points. Is Warren Buffet in the house? I think I have another pool that essentially impossible to win.
  • Apr 10, 2014
    mkjayakumar
    The editor in chief of Seeking Alpha blog site has penned a blog titled: How Much Does Seeking Alpha Pay Its Contributors?

    I was little shocked learning the amount of money at stake just on page hits to the various contributors to Seeking Alpha. And I wrote this comment:

  • Apr 12, 2014
    JRP3
    In the comment section it was mentioned that the pay for clicks does not apply to views on mobile devices, so if you want to read Petersen but not send him a penny you can do so with your tablet or phone :biggrin:
  • Apr 12, 2014
    clmason
    The author and editor replied to your comment by saying "contributor mute" is coming. That does not exactly address your concern.
  • Apr 12, 2014
    mkjayakumar
    Interestingly my comment was selected as 'Editors picks' as one among 8 others.

    I am amused and flattered that a comment that was quite critical of their motives was chosen.
  • Apr 12, 2014
    JRP3
    I've communicated a number of times with Eli and he seems to be a reasonable individual, outside of his penchant for excessive moderation, and his protection of Petersen :wink:
  • Apr 12, 2014
    mkjayakumar
    I suspect that Petersen is his Ad cash cow. You can't antagonize your star performer.
  • Apr 12, 2014
    Auzie
    I often skip reading Seeking Alpha's articles on TSLA, but I do not skip reading JP's articles and comments. So in a way he does attract readers. It does not bother me if I contribute to his paycheck by clicking. My guess is that he derives more satisfaction from having plenty of readers than from publishing and viewing fees.

    He displays too much (negative) passion and puts too much effort into writing about TMC for someone who has no stakes. My guess is that he has some hidden stakes, perhaps non monetary. He uses disrespectful language and put-downs masked in sarcasm too often. Such language speaks a lot about JP.

    I am very curious if he will ever reach a point of changing his views and especially admitting that he was wrong. I am waiting for that, not that I care too much about his views, just curiosity about the strength of bias and what it might take to break through.
  • Apr 17, 2014
    tander
    I used to contribute to SA fairly regularly and when I first started out I noticed that JP had a ridiculously high amount of followers (which translates to page views and higher pay) and I asked him how he got them all. It turned out that he was one of the very first contributors and SA did a really good job of promoting individual contributors at the time, and at one time he was one of the higher paid contributers. Anyway I don't really contribute to SA much anymore mostly because while there still is some high quality content, but it seems like they are going with quantity over quality these days, and it takes a fair amount of time to do a good job. But I've messaged with JP several times and while he is almost always uncannily wrong and biased about Tesla, he's actually fairly smart and has some experience. Far too smart and experienced to be that wrong about Tesla that often. So I've come the the conclusion that he a) put a lot of money into shorting Tesla without disclosing and is desperately trying to pump up his losses b) just has some sort of weird blind spot or conflict of interest when it comes to Tesla or c) or just keeps on writing because people keep clicking on the articles. I believe since I first started reading his Tesla articles he has gone from "living in a castle in Switzerland" to moving back to the states, so read what you want into that. Whatever the conclusion I would take anything you read on SA with a little salt and certainly not use it as an exclusive source of financial info or advice, and take whatever JP writes about Tesla with a lot of salt until you see his articles look a little more unbiased and balanced.
  • Apr 17, 2014
    JRP3
    You forgot to mention what I feel is his greatest motivation, his large investment of time and money into AXPW, a company who's only product can be rendered obsolete by lithium cell chemistry and a successful EV industry. He's often complained about the lack of government funding for AXPW, while attacking Tesla and other companies using lithium chemistry who were able to access funding.
  • Apr 17, 2014
    tander
    I recall reading something about that, I guess it would fall into category b. Guess it should be truck load of salt.
  • May 8, 2014
    JRP3
  • May 8, 2014
    dalalsid
  • May 8, 2014
    Ugliest1
  • May 8, 2014
    mkjayakumar
    What about his previous prediction that the cost of Titanium armor will decimate Q1 earnings?

    Has anyone found out what was the impact of that in Q1? Did it have any impact at all?

    Edit: found out- $2M or $67/ car
  • May 8, 2014
    capt601
    And he is still saying in posts that the $2 M figure is incorrect and he doesn't believe it. Even as the number was posted with 1q results.
  • May 8, 2014
    RiverBrick
    Elon missed the mark on one thing. Back in 2010, he said that at some point the naysayers would get tired of being wrong.

    No, they're going to take their hate with them to the grave.
  • May 8, 2014
    bonnie
    John has a version of Tourette's Syndrome that manifests by saying constant negative things about Tesla. He just can't help himself, bless his heart.
  • May 8, 2014
    roblab
    Bonnie, you are always so kind.

    I try, but I can't do it. But I still try. Thanks for good examples.
  • May 8, 2014
    MikeC
    Actually $2 million would decimate Q1 earnings...if we were talking about AXPW.
  • May 8, 2014
    Thumper
    I love that often-used-in-the-south phrase "bless his/her heart" Usage is usually somehthing like "she is such a lying whore, bless her heart."
  • May 12, 2014
    Citizen-T
    Yup, that's how it works. You can say anything you want about someone as long as you follow it with "Bless his/her heart". It is kind of like saying, "with all due respect".
  • May 12, 2014
    RiverBrick
    Dom Irrera, a comedian from Philly, has a routine where he talks about Italian eraser phrases. Basically, you can call somebody every name in the book, as long as you end with, "but don't get me wrong, I don't mean that in a bad way."
  • Jun 25, 2014
    JRP3
  • Jun 25, 2014
    Gerardf

    I guess it this might explain this shows why he might be trying so hard to talk down TESLA. AXPW - News and Analysis - Axion Power International, Inc. | Seeking Alpha

    All 12 Axion articles are written by him to pump Axion. He is probably scared about competition form Tesla Gigafactory and what will do do to his Axion stocks.
  • Jun 25, 2014
    Zythryn
    AXPW can only go down 16�/share.
  • Jun 25, 2014
    swaltner
    make that 15 cents... :)
  • Jun 25, 2014
    pz1975
    But it's up 50% from February - a way better investment than TSLA!!
  • Jun 25, 2014
    Gerardf

    Maybe he should spend less time & energy bashing Tesla, and more on promoting the switch to electric transportation and increasing the size of the energy storage market for all.

    Elon does underatand the importance of that very well, Mr. Petersen.. hmm, not so much.
  • Jun 28, 2014
    mkjayakumar
    This is the typical trollish behavior from JP to increase more eyeballs and page hits for his article.

    Throw in a reference to Tesla with a negative slant and he knows the Tesladors will be attracted like a swarm of flies to a light source.
  • Jun 28, 2014
    RiverBrick

    In real dollars and cents (well, just cents) or is it actually down 33% because they were planning a reverse stock split?
  • Nov 6, 2014
    mkjayakumar
    What happened? We haven't heard from the master of FUD in months now?

    I am still waiting for the day when AXPW and TSLA are going to cross in valuations, as he predicted.
  • Nov 6, 2014
    JRP3
    He's probably waiting for the market to prove him right...
  • Nov 7, 2014
    Zzzz...
    I'm missing his FUD - it was a clever, intelligent FUD. Current generation of shorts produce boring FUD.

    Yeah, good old days...
  • Nov 12, 2014
    chickensevil
    Anton puts out some decent arguments from time to time... he is about the only one left who does. Not saying anything he does has merit, but at least some of it seems a little bit informed and reasoned out. Especially since he apparently has connections to get to go tour other manufacturer's factories.
  • Nov 12, 2014
    ItsNotAboutTheMoney
    Anton "Tesla Killer" Wahlman?
  • Nov 12, 2014
    chickensevil
    the one and the same. He has his moments. I actually didn't mind a lot of the discussion being had on his latest article where he talks about his tour of the VW plants. It was an interesting perspective to read about the story from their side of the fence.

    There are still fundamental flaws in his arguments, don't get me wrong. But at least it isn't a total waste of space.
  • Nov 12, 2014
    Robert.Boston
  • Nov 12, 2014
    FreeOfPge
  • Nov 12, 2014
    MikeC
    The last I saw was AXPW at 9 cents. What was this offering and where did the value come from on October 24?
  • Nov 12, 2014
    FreeOfPge
    I only glossed over the article, so I can't say with 100% certainty. Would have to assume they did a reverse stock split related to the new NASDAQ listing, warrants and options.
  • Nov 12, 2014
    ggr
    Yes, on Sept 8, they did a 1:50 reverse split, so that $2 now represents a 4 cent equivalent stock price when you read back in the thread.
  • Nov 12, 2014
    Zythryn
    As mentioned, it was a reverse stock split 1:50 which brought the price to $4.50/share. It then dipped under $1.50 and is surging back up now.

    JP's prediction of AXPW passing TSLA will come true if they make another 1:50 reverse stock split, and then another 1:4 reverse stock split.
  • Nov 12, 2014
    chickensevil
    yeah, and then there would only be able 34,000 shares left.

    It isn't the shareprice that actually matters it is the market cap. Everyone knows this! So at current valuation to pass TSLA they would have to jump in price to around 4,354$ a share!
  • Nov 12, 2014
    MikeC
    Wow, what a contrast. JP could be used as a case study in financial blogging arrogance. At least he's smart enough to have stopped writing and embarrassing himself further.
  • Nov 13, 2014
    mkjayakumar
    Maybe he was asked to stop by those blogging sites ? Ignored, rejected ?
  • Nov 13, 2014
    Robert.Boston
    Doubtful -- these sites don't set a very high bar, and JP's posts were always high quality (if you set aside that he cherry-picked facts) and undoubtedly attracted a lot of clicks. And clicks is ultimately all these blogging sites care about.
  • Nov 13, 2014
    rolosrevenge
    After he lost his precious castle, his main argument of being so much smarter was gone, he couldn't keep it up.
  • Nov 13, 2014
    Dutchie
    Where are you JP, we miss you...:tongue:
  • Nov 13, 2014
    Chickenlittle
    Maybe we can approach him to publish on his own sticky thread here. I would pay to read it
  • Nov 14, 2014
    Curt Renz
    I hope not more than the penny he got for each reader at Seeking Alpha. Meanwhile, he appears to have transferred the title of SA Mr. Irrelevant to Logical Thought. The latter's SA FUD article today may have inspired deeper investigation by fund managers that could have instigated the day's rally.
  • Nov 14, 2014
    tftf
    Huh? He didn't leave.

    John is still active on SA, for example he just wrote a comment today (Nov 14) on the site that I happened to read by chance (SA offers a feed system for new comments):

    http://seekingalpha.com/instablog/1631091-axion-power-host/3433035-axion-power-concentrator-379-nov-5-2014#comment-43286765
  • Nov 14, 2014
    Krugerrand
    ...and still as pompous as ever, isn't he?
  • Nov 14, 2014
    Zythryn
    The thing is that is an end user argument for a single unit, not a business model unit.
    He also omits how many of those $100k electric drive units he expects to sell.
    If 100 times the number of cars saving 600 gallons of fuel sell as the $100k electric drive trains than save 6000 gallons, the car is still the better deal for the oil savings.
    Of course, his favored AXPW released their 3rd quarter exults where they could no longer hide that they are circling the drain.
    Good thing JP jumped ship, wonder how long his new ship will last.
  • Nov 14, 2014
    chickensevil
    Can you expand on the feed system? Where is this? Because I can't keep track of responses very well across multiple articles and it is really annoying.
  • Nov 14, 2014
    tftf
    I just pasted the comment and link above to show John is still around as an active commenter and contributor on SA, not because of its content.

    Anyway, it's easy to follow his SA comments sorted by date here: http://seekingalpha.com/author/john-petersen/comments

    @chickensevil: There's an RSS feed for each contributor on his profile page or (once you registered on SA) a 'My Feed' link for all SA people you follow, sort of like a Twitter/RSS feed within SA. That link is on the upper right corner menu under your user name.
  • Nov 14, 2014
    JRP3
    And just as delusional, misinformed, and wrong. At least he had enough sense to severely cut down his exposure after years of looking like a giant tool. Amazing that anyone would seriously give any credence to anything he says at this point.
  • Nov 14, 2014
    Auzie
    Ours is highly diversified world. Humans occupy very wide bandwidth. There are so many of us on various parts of the spectrum that JP is likely to have a lot of likeminded folks around him.
  • Nov 15, 2014
    JRP3
    He certainly had a larger following in the past. Cold hard reality has greatly diminished his flock.
  • Nov 15, 2014
    mkjayakumar
    .... thanks to the consistent effort of many of his critics who would take every opportunity to point out every one
    of his flawed arguments.
  • Feb 18, 2015
    Dan5
    Figure I would point out he's been relatively quite and not bashing Tesla in a while. It should be made known the amount of misinformation he spread, just in case he starts again.

    Guess he has no need to since his AXPW is crashing and crashing hard. If you had 100000 shares at 10 cents a year ago ($10,000), that investment would be worth $680 today.
  • Feb 18, 2015
    rolosrevenge
    And he got his AXPW at $2 a share...
  • Feb 18, 2015
    dsm363
    I don't feel that sorry for the guy. If he had been at least somewhat honest in his dealings with Tesla but he made it his mission to try and hurt Tesla stock and the company with his false information.
  • Feb 18, 2015
    32no
    There are definitely new John Petersens to take his place. Logical Thought, or Mark B. Spiegel and Anton Wahlman are constantly spreading FUD on Seeking Alpha and Twitter for example. There are also flat out conspiracy theorists who claim Tesla is lying about virtually everything. I think there has definitely been a large increase in the amount of people who believe and live by this FUD, and it was caused by Bulls becoming quieter and Bears becoming louder in their FUD. Now I'm not saying there isn't legitimate criticism of Tesla out there, because there is, but there is definitely a lot of baseless FUD to overwhelm the legitimate criticisms of execution and vagueness in reporting quarterly results.
  • Feb 18, 2015
    Robert.Boston
    Agreed re the new generation of FUDsters. IMO, the new ones are far worse than JP, who (a) didn't outright lie (much), but rather cherry-picked and selectively highlighted; (b) had an understandable agenda, namely his support for PbC batteries in hybrids; and (c) kept his discussion civil and his sentences well-formed. I may not like someone's argument, but I at least start with a baseline of respect for people who use language well.
  • Feb 18, 2015
    ggr
    And don't forget it did a reverse split between his $2 and now...
  • Feb 18, 2015
    Grendal
    Let us not forget that the Chinese shorting company, Citron Research, hires people to create FUD surrounding a company using false identities. Just because they've gotten in trouble for doing it doesn't mean that it has stopped.
  • Feb 18, 2015
    JRP3
    Unfortunately that wasn't really true. When backed into a corner by facts he often fell back on ad hominem attacks.
  • Feb 18, 2015
    Auzie
    Note: bold is mine for emphasis

    It may be the case, bulls are quieter and bears are louder. That could be interpreted as bulls are content and bears are acting in despair, as they are the ones loosing money.

    Once bears accept their fate, they will go silent.
  • Feb 18, 2015
    dsm363
    He would often insult people who didn't agree with them saying they had the intelligence of a 5th grader and or such.
  • Feb 18, 2015
    VolkerP
    *sigh* I miss him, too. :tongue:
  • Feb 18, 2015
    JRP3
    I believe it's exactly this. The early arguments from Petersen and crew tried to focus on the technological "weakness" of EV's and the grid. Once all of those arguments were generally shown to have no merit, and as Tesla has become more successful, the bear argument has grown even weaker and their desperation has increased. Additionally bulls such as myself who were previously actively defending against the bear attack have mostly removed ourselves from the conversation since it's become so ridiculous.
  • Feb 18, 2015
    austinEV
    Well, apparently TM is the worst company on earth, i read it on the internet so it must be true: http://etfdailynews.com/2015/02/18/tesla-motors-inc-tsla-the-worst-company-on-earth/

    Don't click it, it is horrendous. Actually, it is a pretty could work of parody if you read it in the right light. basically he is giving us the old "Tesla loses money every quarter and only exists because of government money and cronyism. TM benefits from government programs therefore deserve to fail".
  • Feb 18, 2015
    chickensevil
    Ah yes, and then you quickly mention the boatloads of money that GM, Toyota and everyone's precious Ford (who is quick to mention that they didn't take bailout money... well, yes, but what is that heafty DOE loan doing in your bank account???? HMMMM?) have all received over the years it tends to make them grumble and walk away. Or you know... Corn... the most heavily subsidized thing on the planet... Seriously, I think we can do away with all the high fructose corn syrup in practically every product you buy off the shelf. Moving on...
  • Feb 19, 2015
    Dan5
    You know what I think would be funny;
    If someone could compile a list of Petersen predictions, denegrations against Tesla, dates and a one sentence thing to prove him wrong.

    I could giggle at that for hours.
  • Feb 21, 2015
    hcsharp
    He still claims to this day that everything he's predicted about Tesla has turned out to be true. He would deny everything. For example, when JRP3 pointed out to him his predictions of Tesla's imminent failure, he just responded by saying "These things can take time... I never said when it would happen."
  • Feb 21, 2015
    aronth5
    I saved this awhile back knowing it would be fun to look back when he proved to be wrong. But as he said before he never said when:smile:

    http://seekingalpha.com/article/318079-why-the-electric-vehicle-house-of-cards-must-fall

    The law of economic gravity cannot be ignored and will not be mocked. Shiny new electric vehicles from General Motors (GM), Ford (F), Nissan (OTC:NSANF), Toyota (TM), Tesla Motors (TSLA) and a host of privately held wannabe's like Fisker Motors and Koda are doomed to catastrophic failure. Their component suppliers will fare no better. There is no amount of political or wishful thinking that can change the inevitable outcome.

    And another:

    http://seekingalpha.com/article/210951-why-tesla-is-unlikely-to-succeed
    Calling Tesla an automaker is like calling France's tr�s chic Louis Vuitton, M�et Hennesy Group (OTC:LVMHF) a beverage company.
    The bottom line is that EVs are only economical when you buy no more battery than you need and you use the battery pack heavily. That leads to a life and death struggle between range anxiety and affordability. When you factor in the other uncertainties, I believe plans to electrify passenger cars are doomed until gas prices increase substantially or battery costs fall substantially. While I think both are virtual certainties over the next decade, I don't believe either is likely in time to make Tesla a business success
  • Feb 21, 2015
    Zythryn
    I loved his prediction that Axion Power and Tesla stock would trade value.
    This was back a couple/three years ago. As I recall, Axion was around the low $10s and Tesla around the upper $20s.

    TSLA is currently around $210 and Axion stock at an adjusted 1� (45 cents, however they had a 50:1 reverse stock split).

    JP has long since moved on and is pumping another company now.
  • Feb 21, 2015
    aronth5
    Some more nostalgia
    Go Axion:smile:

    more nonsense from Mr JP

    "Let's face it folks, it's time to kill the electric car, drive a stake through its heart and burn the corpse. Companies like Tesla Motors (NASDAQ:TSLA) are doomed because their vanity products can't possibly make a difference and have all the environmental and economic relevance of pet rocks. The only companies that stand a chance of long term survival are manufacturers of efficiency technologies that reduce aggregate resource consumption. If lithium-ion battery manufacturers like A123 Systems, Altair Nanotechnologies (NASDAQ:ALTI) and Valence Technologies (VLNC) can stop chasing rainbows and focus on sensible applications like electric two-wheeled vehicles that reduce natural resource waste, they may have long and prosperous futures. Manufacturers of fundamentally cheap energy efficiency technologies like Johnson Controls (NYSE:JCI) and Exide Technologies (XIDE) are certain to thrive in any event. The surprise winners in a resource constrained world will most likely be disruptive innovations like the PbC� battery from Axion Power International (NASDAQ:AXPW) which uses a third less metal while promising a 10-fold improvement in battery cycle life to optimize the performance of efficiency technologies like stop-start systems, stationary applications and hybrid drive for everything from passenger cars to freight trains."
  • Apr 5, 2015
    JRP3
  • Apr 5, 2015
    VolkerP
    This is no nonsense from JP. You're veering off topic. Wait until the admins get you! :tongue:
  • Apr 5, 2015
    JRP3
    True, but I didn't want to start a new thread "Truth from John Petersen" since it would probably be only one post long :wink:
  • Apr 5, 2015
    Johan
    Wow JRP3, you never quite did let go. Nice follow up. Of course JP was pumping and pumping at least the last 1,5 years, since before the split. And as he was pumping he was selling his stock.
  • Apr 5, 2015
    JRP3
    I am still an AXPW shareholder after all :redface: Best money I've ever lost on a stock :biggrin:
  • Apr 5, 2015
    Dutchie
  • Apr 5, 2015
    JRP3
    I think it was a partnership, or rental, and he moved out of it a while back.
  • Apr 5, 2015
    Robert.Boston
    I'm in exactly the same position.
  • Apr 5, 2015
    austinEV
    Can you explain what that means? Why are you happy about a loss?
  • Apr 5, 2015
    JRP3
    For me it was just a small position as a gamble, so the monetary loss is minor, and counteracted by watching Petersen go down in flames.
  • Apr 5, 2015
    bonnie
    Didn't he have a friend/acquaintance who would come here upon occasion?
  • Apr 5, 2015
    Krugerrand
    Yes, name is on the tip of my tongue and now I won't be able to sleep until it comes to me. I hope you're happy!
  • Apr 5, 2015
    bonnie
    nico something?
  • Apr 5, 2015
    dsm363
    If only JP hadn't been so rude to people he disagreed with I don't think so many would be taking joy in him being proven so wrong on so many levels.
  • Apr 5, 2015
    dsm363
    Pretty sure that's it.
  • Apr 5, 2015
    Krugerrand
    It's not coming to me. It's stuck. It'll be archived...ah, nuts.
  • Apr 5, 2015
    kenliles
    You're thinking of Nicu
    Nicu.Mihalache
  • Apr 5, 2015
    vgrinshpun
    Nicu.Mihalache.

    I remember him well after few spirited discussions about... MS demand. He basically accused Elon of lying and waved off people who took Elon's word over his as belonging to the "Church of Tesla"

    The irony is that these discussions were happening when Elon was planning to plateau global MS deliveries at around 20K annually. And here we are, on the path to deliver 50K of MS in 2015, and TM still struggling to increase production to meet demand.
  • Apr 6, 2015
    JRP3
  • Apr 6, 2015
    Robert.Boston
    I placed a small side-bet on Axion. Why? I believe that there is a significant, albeit transitory, market to improve efficiency of petroleum-fueled vehicles, and that Axion has a product that had potential in addressing this market. The side-bet was also a bit of a diversification play on Tesla, as I believe that the rapid success of EVs will be bad for Axion's business (and vice versa). While I'm not happy to have lost nearly all of that investment, it (a) was small, (b) was offset 100x by my gains on TSLA, and (c) keeps me on the mailing list for the SEC filings, giving me a ringside seat watching JP disproved. Call me petty, but (c) is worth something.
  • Oct 17, 2015
    JRP3
  • Oct 17, 2015
    MikeC
    I guess you really can't teach an old dog new tricks. Even if you take away his castle.

    He'll go to the grave thinking that he will still be proven right eventually, simply because the alternative is acknowledging that he was spectacularly wrong for years and made a public fool of himself on the internet. Not an easy thing for the human psyche to do.
  • Oct 17, 2015
    mkjayakumar
    Here is a screen shot to get the full context of what was asked and his reply.

    ImageUploadedByTapatalk1445133498.906790.jpg
  • Oct 17, 2015
    stopcrazypp
    I had to log in to seeking alpha to see that comment and it gave me a chance to read my rebuttal to his article from 2 years ago about the dangers of Tesla's battery pack. My rebuttal actually forced him to remove a line from his article (a critical point of his article that said the Leaf was 92% safer than Tesla's pack just due to cell count difference).

    Seems like he still stubbornly refuses to admit he was completely wrong so many times.
  • Oct 17, 2015
    Auzie
    The only thing I see written in stone is JP's refusal to learn from his mistakes

    It seems that JP uses the term Disney economics as some negative term, not sure that I understand his reference. I tried to to get some insight by googling 'Disney economics' but I am none the wiser in that respect. Afaik Disney is great, stable US based business (last 5-year trend below)

    Disney.JPG
  • Oct 17, 2015
    MikeC
    I think he might have meant "Mickey Mouse" but couldn't even get that right.
  • Oct 17, 2015
    Auzie

    :biggrin::biggrin::biggrin:
  • Oct 17, 2015
    rolosrevenge
    Wow, he goes back to respond to comments from articles three years old. That's rich. He's more delusional than I thought.
  • Oct 17, 2015
    nwdiver
    Awe crap.... I tried to warn people... you can't say his name too many times.... he'll come back....
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