GREY:FSRNQ - Post by User
Post by
flamingogoldon Feb 17, 2021 1:37pm
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Post# 32586030
Here for the ride up too
Here for the ride up tooI got in a few months ago while it was trading sideways. The upgrades last week are a positive sign of things to come. Compared to it's peers Fisker is heavily undervalued.
While the Ocean is in prototype stage, Henrik is not new to the stage and has the experience to get this to production. He did it with the Karma over 10 years ago, but the timing unfortunately on that endeavour was too early.
Today's available batter tech and overall appetite for EV's is stronger. Plus, partnering with Magna to build the car to his specs rather than building it in-house is a faster and less capital intensive go to market strategy.
I don't expect this to be the next Tesla stock, but at current valuations, we don't need it to be to reap incredible gains.