OTCQX:BUSXF - Post by User
Comment by
Mazz45on Jan 13, 2021 5:48pm
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Post# 32288037
RE:RE:BUS is part of the pumping up game
RE:RE:BUS is part of the pumping up gameOn the one hand I agree, it has run a lot.
On the other hand with the upcoming Nasdaq listing, any which way you compare bus to any EV stock, even microcaps, the market cap is way too low comparatively.
look at SOLO or FUV with a fraction of the revenue and over a 600M USD market cap. Look at GP which is the best comparable.
Even at $3.45 bus is at half the market cap of the companies above and given their revenue and growth should likely command a premium.
so yes it won't go straight up but it's currently undergoing heavy accumulation and is being repriced accordingly in anticipation of the Nasdaq listing where it will be compared to other EVs.