Posted by: : Shayne HeffernanPosted on: October 3, 2013 Hot Stocks FBCD, WCUI, TSLA

Tesla Motors Inc (NASDAQ:TSLA) Tanks

The fire in the new Tesla combined with an excessive market cap have started a fall in TSLA that will probably continue.

Robert W. Baird & Co analyst Ben Kallo downgraded the Tesla Motors Inc (NASDAQ:TSLA)’s stock from “outperform” to “neutral”. So far this year, company’s shares have climbed more than 400 percent, attributed to the unbeaten launch of the Model S. However, some investors and analysts think that the stock is over-valued.

Shares of the company has dropped by 6 percent after an automotive blog published pictures of a Model S electric car with flames in it because of an accident in south of Seattle, Washington. Shares of the company have declined by 6.2 percent to $180.95 on Nasdaq, largest one-day drop since mid-July.


FBCD has paid dividends for Hot List followers, the stock is the second of 3 to make it to almost 100% and this one could have a big run forward coming, keep an eye out for news.

Wellness Center USA Inc (OTCMKTS:WCUI)

WCUI has seen heavy volume and huge support, once this breaks a dollar it could scream up to $2.

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Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
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