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We'll Tell You When It's Time to Tap Tesla

A week ago today, in a strategy story aimed at helping you survive and thrive in today’s whipsaw markets, Chief Investment Strategist Keith Fitz-Gerald told us to put Tesla Motors Inc. (Nasdaq: TSLA) on our “watch lists” for a likely future purchase.

“BP, Tesla is a definite ‘shopping list’ stock,” Keith told me back then. “We’ve been nibbling at it here, and have played it successfully several times. But it’s not yet at the point where I’m ready to jump all the way in. I think my rationale behind Tesla remains upbeat. I mean, you’ve got a real winning combination here – a disruptive sales model, a CEO who’s the most innovative guy on the planet, all the capital in the world that can be brought to bear. I don’t give a rat’s [tail] that New Jersey won’t let the company sell its cars there. There are much bigger opportunities. Wait ’til you see what the company does with China.”

  • Facebook IPO

  • The Facebook IPO Facts: The Good, The Bad and The Ugly Face it, you want it. It seems that everyone wants a piece of the Facebook IPO.

    But, can you handle the truth? Will the hyped sensationalism be a boon or a boondoggle?

    I'm not going to tell you what to do, whether you should buy Facebook sooner rather than later. That's up to you.

    However, I will tell you that I won't be buying it right away, but, I will be buying it if...

    First though, here's the good the bad and the ugly truth about the company, the IPO and owning "FB."

    The Good News About the Facebook IPO

    The good news is overwhelming if you're Mark Zuckerberg, any of the company's founders, executives, or venture capital backers, many of whom own Facebook stock (Nasdaq: FB) at a dollar a share.

    So far, the target range the stock is expected to be priced at--which was originally $28-$35/share-- has been raised to between $34-$38.

    And it could very well go higher before tonight's pricing deadline. The amount of shares to be floated is being raised too.

    That's all good news for the insiders, the underwriters and the company itself.

    FB is causing its own IPO hype, partly because it will be the largest IPO in U.S. history, in terms of the value it will put on the company, which will likely approach $100 billion. However, Visa in 2008 and GM in 2010 will have raised more money on their IPO debuts. (I know, calling GM's IPO a debut is strange to me too.)

    Facebook will raise at least $13 billion (at the lowest end of the price and share offering range) and bank some $9 billion in cash on its balance sheet. That's good news.

    But better than that, the company will now have a huge hoard of stock as currency to use to buy up companies and technology to advance its master of the social media universe status.

    The other good news is that... Read More...
  • Facebook IPO Size Hits 421 Million Shares As it approaches, the Facebook IPO just got bigger as more early investors look to cash out.

    Just after the Facebook IPO price range got a boost, Facebook investors raised the number of shares they are selling in the social network giant's initial public offering. While the company isn't selling any more, individual investors like Accel Partners, Goldman Sachs Group Inc. (NYSE: GS) and others will sell an additional 83.8 million shares.

    That brings that total number of shares to be sold to 421.2 million, according to a new regulatory filing, and lifts the sale to as much as $16 billion.

    While the news was welcomed by ordinary investors clamoring for shares as Facebook debuts, it's curious why more and more insiders are racing to sell part of their stake. The move may just be a signal of the IPO's astronomical demand - but could make some investors wary.

    "If the demand wasn't there, they wouldn't have upsized the deal," Greenwood Capital's Walter Todd told Bloomberg News. "On the other hand, when you see insiders unloading their stakes, you start to wonder why. I could see it turning some institutional investors off."

    Read More...
  • Five with Fitz: What I See When I Look Over the Horizon When you've been working the markets as long as I have, you learn that the biggest dangers are always found in a place just over the horizon.

    It's why I spend my time hunting for stories, news items and opinions that in the old days were considered far "below the fold."

    Invariably, what I am looking for is the stuff that everybody else has missed.

    Because I believe that's where the real information is -- especially when it comes to uncovering profitable opportunities others don't yet see or understand.

    It's the story behind the story that interests me. To find it, you need to go beyond the headline news.

    In that spirit, here's my take on five things that I'm thinking about right now.

    To continue reading, please, click here... Read More...
  • Facebook's IPO Price Too High? Not For The Woz The Facebook IPO just got big-name support from the tech world.

    Apple Inc. (Nasdaq: AAPL) co-founder Steve "The Woz" Wozniak said in an interview with Bloomberg Television that he would invest in Facebook, regardless of the price.

    Wozniak, who built the first Apple computer with Steve Jobs and co-founded the company with him in 1976, also commented in the May 12 interview that he thought Facebook founder Mark Zuckerberg combines the talents of the late Jobs and of Wozniak himself.

    "I was thankful to have a partnership with Steve Jobs and I see Mark Zuckerberg closer to the combination of us," said Wozniak. "When he speaks he speaks with a lot of idealism for the users and a lot of good ideas for the product overall."

    The favorable Facebook fodder came just as Facebook upped its projected IPO price from $28 - $35 per share to $34 - $38 per share. That gives the social networking company a valuation exceeding $100 billion.

    Facebook stock (Nasdaq: FB) is slated to start trading Friday.

    To continue reading, please click here... Read More...
  • Here's What Happened to the Tech Stock Rally The tech stock rally reflected in the Nasdaq had persisted until last week – but has largely faded. Money Morning Chief Investment Strategist Keith Fitz-Gerald joined Fox Business’ "Varney & Co." to explain what's going on. Watch this clip to see what Fitz-Gerald tells investors about tech stocks – with a special look at Cisco Systems (Nasdaq: CSCO).

    Loading the player ... jwplayer("container").setup({ autostart: true, controlbar: "bottom", flashplayer: "http://s3.amazonaws.com/moneymappress/player.swf", file: "2012/May/2012_5_10_KFonV_MoneyMorning.mp4", height: 360, width: 600, provider:... Read More...
  • Facebook Takes a Step Closer to Its Own Search Engine And Facebook's reach grows bigger...

    Microsoft (Nasdaq: MSFT) announced this week it is revamping its Bing search engine to include content from Facebook and other social media platforms.

    The move introduces a new sidebar to Bing, which aims to connect users with friends and other aficionados who can provide help, assistance and advice related to the performed search.

    The Redmond, WA-based Microsoft said the foray is based on the fact that "90% of people consult with a friend or expert before making a decision."

    The venture will hopefully give Bing some bang. Data reveals that Bing has about 15% of the U.S. search market, while Internet search behemoth Google (Nasdaq: GOOG) commands a 66% portion. Microsoft is hoping many will likethe new element and it will entice people to favor Bing when Web searching.

    The new service will appear to the right of all search results, and will highlight a feature dubbed Friends Who Might Know.

    Microsoft wrote on its blog, "Bing suggests friends on Facebook who might know about the topic-based on what they "like," their Facebook profile information, or photos they have shared so you can easily ask them about relevant experiences and opinions. For example, if you're searching for diving spots in Costa Rica...you may discover that one of your friends knows a great spot, based on photos from their last trip."

    Bing will also flag other topic "specialists," identified from their posts on Google's social network Google+, Twitter, Foursquare, LinkedIn and Quora.

    The feature will roll out shortly in the United States, according to Microsoft. The company did not comment about other locations.

    To continue reading, please click here... Read More...
  • Facebook App Store Will Boost Popularity, Profit Is there anything Facebook can't or won't do to keep its massive user base happy?

    The social network giant just announced plans for a new Facebook App Store where Facebook friends can purchase games and other applications on its heavily trafficked site.

    The new Facebook App Store, which will be formally known as the Facebook App Center, will feature applications for web browsers, and be available via the Apple Inc. (Nasdaq: AAPL) iPhone, Android smartphones, PCs and tablets.

    The move will provide a platform for software developers to sell their products on the social site.

    With over 900 million users worldwide, the new Facebook App Center opens up an alluring venue for developers and entices the social networking Web site's scores of members to keep coming back for new, current and popular applications.

    Facebook's App Store is being launched in the midst of the company's highly anticipated, much-hyped initial public offering, expected on or around May 18.

    And the Facebook App Store in not merely in the works, it is set to roll out in the next few weeks.

    Click here to continue reading...

    Read More...
  • Facebook IPO Roadshow Continues without Retail Investors – and Zuckerberg Facebook Inc. (Nasdaq: FB) launched its roadshow Monday in New York, with planned stops at several prominent U.S. cities before the trip ends.

    Spotted sporting his trademark hoodie, 27-year-old CEO and founder Mark Zuckerberg was present at the heavily attended event in NYC.

    But on Tuesday, as hundreds herded into Boston's Four Seasons hotel, Zuckerberg was nowhere to be seen.

    "It's too bad Zuckerberg wasn't there. It was kind of disappointing," H. Scott Smith, senior equity analyst at Game Greek Capital, told the Boston Herald.

    Click here to continue reading...

    Read More...
  • Facebook IPO Price Range Values Company Near $100 Billion A Facebook IPO price range has been set, valuing the company at approximately $85 to $95 billon, The Wall Street Journal reports.

    Facebook has set a range for its initial public offering of $28 to $35 per share. At that price level, the social network giant would raise just over $10 billion.

    Those lofty numbers would put Facebook on the path to becoming the most valuable Internet company in the United States.

    The price range is surprisingly lower than what many industry analysts had expected. The consensus was closer to $40 per share.

    Greencrest Capital Management analyst Max Wolf told MSNBC that Facebook most likely subdued the price range for the storied IPO due to recently passive mood surrounding the markets.

    "It feels to me that as market sentiment gets less bright, people are getting more nervous," said Wolf.

    To continue reading, please click here... Read More...
  • The Facebook IPO: What's Next We may be just two weeks away from the Facebook IPO.

    Retail investors waiting to get their hands on Facebook stock can do so May 18, according to a report from The Wall Street Journal.

    It's not final - dates commonly change with IPO debuts. Facebook is still in the process of finalizing its regulatory paperwork, and Facebook representatives refused to comment on the exact date.

    What we can expect next in Facebook's hotly anticipated IPO is its traveling "road show"... Read More...
  • Facebook Ventures Into New Territory with Organ Donor Status Facebook is now in the business of saving lives, with another change it hopes all of its members will move swiftly to "like."

    The social network behemoth announced Tuesday morning a plan to encourage its millions of friends to start advertising their organ donor status on their Facebook pages. Facebook hopes the status update will create a kind of gentle peer pressure that will urge its 161 million U.S. members to add their names to the list of registered donors.

    More than 114,000 people in the United States, and millions more worldwide, are waiting for life saving heart, liver or kidney transplants. On average, 18 die per day because there aren't enough organs for transplants.

    Facebook aims to change that.

    The status change is being rolled out first in the U.S. and the United Kingdom, where Facebook has some 30 million members.

    Plans are to add other countries in the coming months.

    Facebook CEO and founder Mark Zuckerberg said in a statement, "We never could have anticipated that what started as a small network would evolve into such a powerful tool for communication and problem solving."

    Click here to continue reading...

    Read More...
  • Profit Falls Ahead of Facebook IPO – Will Investor Interest Follow? Is this the first sign of trouble for the Facebook IPO?

    The social media giant, now in the final weeks before its long awaited IPO filing, announced Monday that first-quarter profit and revenue has slipped since the end of 2011.

    Facebook (Nasdaq: FB) disclosed in a regulatory filing that profit fell 32% from the previous quarter to $205 million. Revenue dropped 6% to $1.06 billion. Sales were up 45% -- slower than the 55% sales growth in the last quarter.

    Expenses surged on costs related to data center building and workforce growth as the company manages its increasing subscriber base that's climbed to 901 million users worldwide. Expenses soared to $677 million - nearly double what they were a year ago.

    Facebook also blamed the drop on "seasonal trends" in advertising and user growth in regions that bring in less revenue per subscriber.

    Click here to continue reading...

    Read More...
  • Facebook IPO Date: May 17 Might Be the Magic Day Here's some news devout Facebook followers and savvy investors are sure to "like" - don't write it in ink just yet, but looks like May 17 could be the Facebook IPO date.

    While Facebook (NASDAQ: FB) refused to comment, "multiple sources close to the company" say that is the date, according to TechCrunch.

    Ever since Facebook filed the necessary papers to go public in February, speculation has run rampant as to the exact timing. Late spring sprung up as the most likely time, but no precise date was set.

    To continue reading, please click here... Read More...
  • Possible Dates Released for Facebook Stock to Hit Markets Possible dates have been released for the highly anticipated Facebook stock (NASDAQ: FB) to start trading, and if they're right the company could start its road show in less than a month.

    CNBC reported that investors could see the Facebook IPO priced by May 16 or 17, and start trading the next morning, according to an anonymous source familiar with the matter. The social media giant filed for its IPO Feb. 1.

    If this timeline comes true, Facebook will start marketing the deal May 7.

    A possible IPO delay could stem from Facebook's new $1 billion purchase of photo-sharing network Instagram. The U.S. Securities and Exchange Commission has to review the deal and could approve as early as the end of April.

    If the Instagram deal takes longer than expected to approve, Facebook could hold off pricing until May 23 or 24, CNBC reported.

    The Facebook road show is expected to last about 10 days, focusing on potential investors in New York, Silicon Valley and Boston, according to the source.

    To continue reading, please click here... Read More...
  • Tech News: Facebook (NASDAQ: FB) Scores Big with Both AOL Patent Sale and Instagram Deal Facebook Inc. (NASDAQ: FB) topped the tech news today (Monday), benefitting from both a record-making deal with photo-sharing network Instagram, and an AOL Inc. (NYSE: AOL) patent sale.

    Facebook announced Monday it would pay $1 billion in cash and stock for photo-sharing app maker Instagram.

    The Instagram deal is Facebook's biggest ever in both price and reach. Instagram has more than 30 million active users - which it accumulated in just 18 months - the most of any startup that Facebook has bought.

    "We don't plan on doing many more of these, if any at all," Facebook CEO Mark Zuckerberg wrote in a blog post Monday, speaking to the size and scope of the deal. "But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together."

    Instagram, the most popular way for iPhone users to take and share photos, was named iPhone app of the year in 2011. Its features allow picture takers to alter the size, color and style of photographs.

    The Android Instagram app debuted last week to a frenzied audience, with millions downloading the app immediately.

    To continue reading, click here... Read More...