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Bullboard - Stock Discussion Forum Nano One Materials Corp. T.NANO

Alternate Symbol(s):  NNOMF

Nano One is a technology company with a patented and scalable industrial process for the production of low cost, high performance cathode powders used in lithium ion batteries. These unique materials are being designed to add value to electric vehicles and grid storage batteries in the global push for a zero-emission future.

TSX:NANO - Post Discussion

Nano One Materials Corp. > Seeking Alpha / Nano One
View:
Post by Lawisfun on Apr 04, 2024 2:36pm

Seeking Alpha / Nano One

From the article:


"Nano One is a penny stock. With penny stock comes extraordinary amounts of risk and uncertainty...Have a plan of what you will do if a penny stock declines 10%, 50%, or 75%"

From today's trading price of $1.77, this is what a 10%, 50%, and 75% decline would look like:

10% decline = ~$1.59 per Nano One share

50% decline = ~$0.89 per Nano One share

75% decline = ~$0.44 per Nano One share



I accept that all these Nano One share price values are a real possibility in the near and mid term.  Nano One is an extremely risky investment by any standard.

good luck to all the longs

Comment by LTinvestor9 on Apr 04, 2024 2:44pm
The stock could also go up 10% 50% 70%. or a lot more. you seem to always take the negative case
Comment by John5773 on Apr 04, 2024 3:00pm
Austin has been using that boilerplate for years, on this, and many other, stocks. This is not specific to just Nano.
Comment by dalriad60 on Apr 04, 2024 3:21pm
Paid fkg basher. No one has time like the lawman to comment each day - on multiple occasions with the same bullshit - without being paid. Don't feed the trolls.
Comment by Lawisfun on Apr 04, 2024 3:41pm
Austin wrote it and in fact it's sage advice to understand the downside risk.  Warren Buffett has always said that investing is all about capital preservation.  Interesting that Autin's $0.44 per Nano share scenario works out to about cash value on hand evaluation (based on about $40 million in cash).  I think that's a very fair downside risk. Nano One investors ...more  
Comment by LTinvestor9 on Apr 04, 2024 4:14pm
He actually wrote a very positive article.