RE:GPV Analyst Note from Industrial AllianceGreat move and time to take a rest. I sold more shares Friday and will sell the rest on Monday.
Analyst quote:
The stock will need a breather somewhere in this run, but with a long term view this looks like an excellent opportunity.
The other thing that is not clear at all is any financial details regarding these LOI's and the bottom line profit numbers on each bus when they are delivered. THis company is going to need to raise a lot more money to compete in this market. These spike moves always show 30% to 40% pullbacks once the dust settles. If I am wrong I pay higher to get back in.