Beware Pre-Order NumbersI spoke to investor relations about the Pre-Order numbers declining from 120,000 to 23,000 over the space of 18 months and their rep couldn’t give an answer as to why the orders declined so much. He told me he would get back to me with an answer and it’s already been five days.
We discussed the 5,000 Solo production target for 2019 and he told me how we should expect good things from the market should they get to 3,000 or even 2,000. This did little for my confidence in the company.
Couple this with having watched the founder, Jerry Kroll, acting very odd and sketchy on Dragon’s Den lead me to sell my shares, take a modest loss and move on. I’d advise others to do the same or speak to their IR and make come to their own verdict.