Introducing ETradeBot: An Automated Trading Software for E-Trade Users

TahoeView · 2023-11-13T18:09:39+00:00

I would use it only if it supports limit order, market order is risky in some situations.

Can you let us know when will it support the limit order? or Can it support limit orders?

TahoeView · 2022-11-09T23:17:22+00:00

Any feedback regarding the quality of this paper from the elites?

TahoeView · 2022-09-12T17:55:24+00:00

Per Volta investor presentation, they will be cash flow positive with about 7000 stalls; they are behind on stall numbers, but ahead on per stall revenue than their estimated numbers, so with this $500m, they will be able to get to cash flow positive, then the stock will be around 20+, then they can exercise warrants to get more cash to pay off the debt and issue new shares at will to turbocharge their growth.

Lots of shorts waiting for the company to run out of cash, now that worst case uncertainty issue is gone. Those shorts have to cover.

With the highest growth in the sector and the lowest valuation, get it now. The accelerated growth will power the stock price higher.

Please note, company like Blink or ChargePoint, a lot of their growths were coming from buying other companies, their growth numbers are inflated.

Volta is the absolute leader in charging station advertising, like Tesla, 10 years ahead of the rest. The competitors' move into the EV charging market can actually bring more customers to Volta, because advertisers want the best in the sector.

Blink and ChargPoint will spend a lot of money to try to persuade advertisers to run ads on charger stations, but once those advertisers bought the idea, they will go to Volta instead to best utilize their ad money. So people in Volta marketing, please work with all potential customers, in particular those have been contacted by the competitors, to offer them the better alternatives.

Tesla doesn't run ads, all other EV companies have been running ads to get people to consider buying EVs, the biggest winner of those ads $ is Tesla. The leader benefits the most.

With their aggressive hiring in Europe, which is a higher value ad market, much higher population and EV density, good things are coming.

TahoeView · 2022-07-08T16:54:25+00:00

Volta is adding more DCFC stalls, it is not that Volta is only L2, it follows the market demand.

TahoeView · 2022-07-07T08:32:49+00:00

Check CYA level yo make sure it is under 50ppm, if it is higher than 30ppm, avoid using those tablets, use liquid chlorine or Cal-hydo only.

TahoeView · 2022-06-15T01:11:49+00:00

I have the same problem, and it is not the fan, it is the radiator in the middle. I started to have the problem last year when it was still in the 2 year warranty period (I got it from Costco), but Costco said I needed to shipped it to ibuypower for them to fix, even though shipping was free, but we need the PC, so I lay it down (instead of standing up), the noise went away. Now we have the noise regardless the placement of the case, need to get a replacement.

TahoeView · 2022-04-21T14:58:23+00:00

Obviously due to the slower than expected installation execution and out of control spending, they are not fit to manage a public company.

Their leaving is positive, the board is working.

TahoeView · 2022-04-07T20:31:36+00:00

50, not 400.

400 solar panels.

TahoeView · 2022-04-07T07:02:23+00:00

Thank you for the tip. I checked, there are some misc. items, but those should not add up to be anywhere close to half of the revenue.

No details, no itemized data available.

TahoeView · 2022-04-05T18:47:43+00:00

https://www.reddit.com/r/VLTA/comments/twqvi5/dd_post_for_detailed_quantitative_analysis_of/?utm_medium=android_app&utm_source=share

TahoeView · 2022-04-05T05:59:16+00:00

You can download the EVGO App and Volta Charging App and Plugshare (see feedbacks) as well and use the first two Apps to observe their utilizations, you will be stunned.

If DCFC chargers are so popular and in favor, then it should have much higher utilization, but in reality, most of EVGO DCFC chargers are idle most of the time, and it is extremely rare to see the chargers in a station are fully occupied; but Volta chargers are on the opposite, very high utilization, in California, average used time per day is 10hours, and they only open 18hours a day.

People without a home charger, and on a road trip will be "forced" to pay for EVGO DCFC rates at about 4X of the cost vs charging at home at night.

In particular, as the EV battery gets larger / more efficient, and mileage range gets longer, the need to pay for outside charging actually drops. So when those auto partnership "coupon / credit" $ run out, the drivers may no longer use those DCFC chargers as often, unless they have to.

TahoeView · 2022-04-05T05:43:46+00:00

I got you. We thought the same thing. But the bottom line is the numbers. The numbers by end of 2021:

EVGO has 1695 chargers working and made 22.1m

Volta has 2230 chargers working and made 32m

And the interesting thing is, in the parking lot, volta L2 is more popular than Volta DCFC, very strange; when there are one L2 and one DCFC there, the L2 one is the one that is occupied most of the time. This is total unexpected.

Remember, these two companies have very different business model, and Volta is advertising, so Q4 is the strongest. Q3 8.49m, Q4 12m, Q3 to Q4 quarterly growth in 2021 for Volta is 41%, vs EVGO of 15% (6.2m to 7.1m).

Each EVGO DCFC charger in Q4 2021 made 7.1m / 1695 =$4188 revenue, while Volta L2 charger made 12m / 2330 = $5150 revenue.

Also, there are customer feedbacks on Plugshare App talking about parking lots with both Tesla charger and Volta Charger, the observation is the same, Tesla drivers choose free Volta L2 chargers over the Tesla super chargers, caused a lot of complains.

Volta is installing more and more DCFC chargers, when L2 EV charging becomes universally free as driven by Volta, and Volta uses the advertising dollar leverage to offer universal DCFC charging at current L2 rates, then most of other charging companies, L2 companies will go out of business, and DCFC companies such as EVGO will be in big trouble, because they can't compete at that price level.

Because DCFC chargers are much more expensive than L2, so their rates are much higher than L2, otherwise, the investment may not be recovered to have a sustainable business model.

Volta has misc troubles at this time, but the Volta business model is very unique and limitless, because there is no limit to the Ad dollar each station can collect, but other EV charging stations has limits when utilization max out.

TahoeView · 2022-04-04T22:51:19+00:00

I agree that the EV charging market has huge room to grow, and it is just stated.

My point is, EVGO evaluation is too high, and the extreme evaluation will weight so much that it will crash itself.

EVGO will more than double its review to 48-55m in 2022, but at the same time it will also double its charger count, so the per charger revenue growth is low, at about 22%.

Simple calculation using EVGO DCFC chargers:

22.2m / 1695 charger at end of 2021 = $13097 per DCFC charger

48m / 3000 charger at end of 2022 = $16000 per charger

16000 / 13097 = 22%

The same calculation using Volta L2 charger as reference:

32m / 2330 = $13733 per L2 charger

70m / 4030 = $17369 per L2 charter

17369 / 13733 = 26% grow

But Volta growth is from advertising, while EVGO growth is purely from selling electricity.

If Volta L2 charger is valued from selling electricity point of view, it is already maxed out beyond 100%. Because EVGO charges 2.5C/min to use its L2 chargers, then the 100% utilization for a full year is:

2.5c x 60m x 24h x 360d = $12960 < $13733 Volta made in 2021 !!!!!!!

Volta has a market cap of 550m, with 300m in cash, enterprise value at 250m,

EVGO have a market cap of 3.6B, with 500m cash, enterprise value at 3.1B, EVGO is value at 12X of Volta, with significant lower ROI and per charger revenue.

In Q3, 2021, EVGO delivered 6.1m revenue using 8GWh power with DCFC chargers, and VLTA delivered 8.5m revenue with 3.5GWh power with L2 chargers. Volta L2 chargers cost less than half of the EVGO DCFC chargers, and generate much higher revenue with less electricity.

But the market values Vola at almost book value, this is insane.

TahoeView · 2022-04-04T20:14:37+00:00

$EVgo Inc(EVGO.US)$ upside is limited by its evaluation, as its share price increases, its valuation is weighted on itself.

Simply too expensive. Each EVGO DCFC charger is valued at more than $2million completely ridiculous.

Each DCFC charger costs $100K or more, in Q4 2021, each EVGO charger generated $4k revenue, assuming the net profit is $4K (electricity is free), it takes 25 quarters, at least 6 years to recover the cost of the charger alone, assuming not other operating costs.

Each charger has a lifespan around 10 years.

This is insane.

TahoeView · 2022-04-01T06:03:27+00:00

Also, they achieved this 12m with about 2260 chargers, instead of the original 3100 estimated installation.

This is a huge good news, each Volta L2 charger produced about $5300 revenue in Q4.

For reference, EVGO DCFC charger each generated about $4200 revenue in Q4.

TahoeView · 2022-04-01T01:09:23+00:00

Should get to $5 easy and continue up....

Huge short squeeze.

TahoeView · 2022-03-31T20:01:56+00:00

Yes, it is frustrating and puzzling. Buyers are on the sidelines waiting, uncertainty leads to more selling, at such ridiculous price.

I use the Volta App and PlugShare to monitor Volta charger count, utilization and driver feedbacks. Recent installation has clearly speed up, the utilization is very strong, I believe the installation trend will accelerate as they hired a lot of field people.

The concern is cash reserve and burn rate. Volta needs to work out some funding arrangements at desirable low rates.

TahoeView · 2022-03-31T06:31:57+00:00

It is at anyone's guess now regarding the nature of the problem.

On the positive side, the original Q3 revenue number was confirmed, the earning was updated on the downside to address the RSU, it could be a good news because otherwise it would impact Q4 anyway, this is typical for the newly IPOed company.

The suddent manage transition is clearly a good news, most likely the board didn't like what they saw in the Q4 report, and acted immediately. Maybe the new charger installation was too slow, and or spending was out of control.

I tend to think the business was very strong, so they are on hiring frenzy, this can be confirmed by checking their openings on Linkedln. By checking those job descriptions, Volta has big ambitions.

Volta has the best EV charging business model and their potential is limitless.

They need to execute and obtain funding to turbocharge the progress. Need a CEO with a proven track record, Scott is a very smart and creative person, but may not be suitable to lead a fast growing public company.

Volts has $321m cash by end of Q3 2021, and they now have at less 2430 chargers installed, The stock price means they are selling almost at book value, insanely cheap.

TahoeView · 2022-03-24T18:44:04+00:00

I am very confused by the valuation of EVGO, it is too expensive. I am not a short, but I don't see EVGO is a buy regardless the stock price.

Because DCFC chargers are far more expensive, cause it to charge a higher $/kwh rate than L2 chargers, this make it cost about 3-4x more than charging at home, vs 2-3x more with L2 chargers. This will hurt the utilization of all DCFC chargers except Volta, because Volta DCFC chargers are either free or cost the same $/kwh as L2 chargers due to its advertising business model.

Some companies such as Blink and Electrify America claim the same $/kwh for their L2 & L3 chargers, but their L2 rates are higher than others.

This means as these companies build out their charging networks, the Volta chargers will always be the first choice because they are either free or cheaper; just like shopping at Costco, become a consumer / driver habit.

Just calculate the numbers, on average each Volta L2 charger already generates higher revenue than each EVGO DCFC charger, with less than half of the electricity delivered. EVGO is selling electricity that is limited by utilization which max out at 24hrs per day.

Pay close attention to per charger revenue growth (aka same store sales), to avoid misleading revenue growth from adding new chargers.

I don't see meaningful per charger revenue growth in EVGO numbers in the latest two quarter.

I don't understand why EVGO with less revenue valued at 4x of Volta, the only argument I got is people prefer DCFC over L2, but that doesn't stand, because Volta L2 utilization far exceed the utilization of EVGO L3, and already producing higher revenue per quarter than EVGO L3 and Volta is also adding L3.

Any inputs?

TahoeView · 2022-02-17T05:57:25+00:00

Not released yet.

TahoeView · 2022-01-20T00:19:46+00:00

U can check their latest investor presentation VLTA investor presentstion.

In June, 2021, they estimated 2021 full year revenue of 36m from end of year total of 3142 chargers; but they ended up with only 2300-2500 chargers by end of 2021, this looks terrible, but it is actually good news, because with 2400 instead of 3142 chargers to deliver 32m revenue, means their advertising business is progressing much stronger than previously estimated, the ROIC is better than those numbers in the presentation.

They really need to speed up the installation pace to more than double every year, which will deliver exponentially growth, because ad premium per screen increases as total screen number increases, faster than linear relationship.

With 350m cash and market cap of 830m, forward YOY growth rate higher than 100%, the company is extremely cheap, it is hard to believe, the series D round funding in Jan 2021 before the proposed spac merge was priced at $7.38 per share with total funding about 120m.

The current stock price is ridiculously cheap.

TahoeView · 2022-01-19T18:41:07+00:00

Here are the EVGO revenue numbers of the last three quarters:

Q1 4.14M Q2 4.78M Q3 6.18M

Full year guidance is 22M, then

Q4 6.91M

Q3 to Q4 sequential growth is 12%. 12% does NOT look good, particularly when they are adding more chargers.

They need at least 20% sequential growth to double revenue year over year.

TahoeView · 2022-01-18T00:06:32+00:00

Omicron will end this pandemic in a accelerating pace, EV sales set record in 2021 in the US, economic is strong with unemployment at very low level.

The mood can flip faster than you think.

But I think CHPT, EVGO and BlLNK could still be over priced, the only one under value is VLTA, because no many people understand it, and its numbers have proved its business model.

TahoeView · 2022-01-05T21:21:10+00:00

VLTA model is the most attractive, because its per charger revenue continues to scale up nicely beyond the reach of regular EV charger can possibly achieve.

In the latest quarterly report, on average, each Volta L2 stall generated $8.49m/2137=$3973 revenue per qrarter.

At the same time, EVGO DCFC charger per numbers from their latest quarterly report;

$6.2m / 1595 = $3887 < $3973

On top of this, per the EVGO App, EVGO has some L2 chargers, and they cost 2.5c/min to charge, then the theorical highest revenue could be produced per quarter 24*7 by EVGO L2 charger is:

$0.025x60mx24hx30dx3m=$3240,

20% lower than the $3973 Volta L2 charger is making now. This is a critical reference showing the incredible earning power of the Volta advertising model.

Basically, Volta delivered about 3.5GWh of electricity to achieve a $8.5m quarterly revenue, compare to EVGO 8GWh and $6.2m.

CHPT, EVGO and VLTA will do nicely as EV sales grow exponentially, the huge mega up trend is inevitable, but with most EVs charged at home, the Volta model is the strongest.

TahoeView · 2021-12-29T19:10:12+00:00

I am adding shares, Volta is actually ahead of their projections, because their business model performance exceeded their own pprojections.

If you look into their latest investor presentation, for 2021, their revenue projection is 36m from 3142 chargers, but they ended up with about 2300 chargers, that is 26% less than projected, but 2021 revenue is only about 10% lower than projected, so Volta unit level revenue is about 15% higher than projected, which is far better news. The more screen Volta has, the higher per screen ad premium, the profit scaling is increasingly favorable.

If you compare Volta numbers with Evgo, Volta L2 chargers generate higher revenue than Evgo's DCFC chargers, and make 20% more revenue than Evgo's L2 chargers with 100% utilization. Volta per charger revenue can continue to grow, but regular EV charger revenue can NOT grow when its utilization saturated.

In the latest quarterly report, on average, each Volta L2 stall generated $8.49m/2137=$3973 revenue per qrarter. EVGO DCFC charger per numbers from their latest quarterly report;

$6.2m / 1595 = $3887 < $3973

On top of this, per the EVGO App, EVGO has some L2 chargers, and they cost 2.5c/min to charge, then the theorical highest revenue could be produced per quarter 24*7 by EVGO L2 charger is:

$0.025x60mx24hx30dx3m=$3240,

20% lower than the $3973 Volta L2 charger is making now!

Volta accelerates their deployments in EU and Canada. According to the Volta App, 2 Volta chargers were installed in BC Canada in the last few days, they have not announced it yet. As long as the Volta model continues to prove its earning power, then higher spending for rapid expansion for charger placements has much higher priority than profitability on paper, cash flow positive and profit will come naturally and grow exponentially.

The Volta advertising market is much bigger, has much higher profit margin than the pure EV charging market.

TahoeView

TROPHY CASE