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Bullboard - Stock Discussion Forum VinFast Auto Ltd VFS

VinFast Auto Ltd. is an automotive manufacturer. The Company manufactures and exports a portfolio of electric SUVs, e-scooters and e-buses across Vietnam, and the United States. It offers a full-scale mobility platform focused primarily on designing and manufacturing EVs, e-scooters and e-buses. The Company's designs feature its signature lighting that frames its V logo and sweeps out to the... see more

NDAQ:VFS - Post Discussion

VinFast Auto Ltd > Gotta be!
View:
Post by MaterialsMan on Oct 13, 2023 10:02am

Gotta be!

I cannot understand what can possibly be holding up the price of this stock.
Lucky if this company is worth 10 million never mind the current 18 billion.
It still does big volume. Who is crazy enough to buy this? Must be investors that continue to believe in the greater fool theory as it applies to this situation.
I suspect it has something to do with the founder, who happens to own 99% of the stock in the company.
What else can it be?
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