A pubic just went public last April called Tusimple. They plan to make autonomous vehicles and expand their self-driving truck network. They have no sales, but somehow they are up $9 today. This uptick comes at the time of froth, with Tusimple telling everyone they will be an autonomous vehicle company, with no sales yet. People are buying into the hype, and this all comes during a monsoon of insider buying and trading.
Investor’s Edge with Gary Kaultbaum can be heard weekdays on MoneyTalk 1010. Gary Kaltbaum is a registered investment advisor with more than 30 years of experience in the markets. He is owner and president of Kaltbaum Capital Management, a financial investment advisory firm headquartered in Orlando, Florida. He is a Fox News Channel Business Contributor regularly appearing on Fox News Channel and the Fox Business Network. Gary is the author of the book “The Investors Edge” and is also the host of a nationally syndicated radio show with the same title “Investors Edge” which is broadcast on numerous stations across the U.S. The show is also available on demand and airs live 6-7 pm EST Monday-Friday. Past shows can be heard online at garykaltbaum.com.