RE:RE:Way oversoldrob1237 wrote: Stockthoughts wrote: This will goes back up fast!
its very difficult to put a value on this since it is a startup. The potential is there. I use techicals to buy and sell. Dont fall in love with this until established sales roll in. Some electric car companies have gone bust. Not saying this will but be one of them but be balanced with your investments. This has dropped from its high pretty quick. Im bullish on this but also reallistic.
This is not a start up. There are over 390+ vehicles on the road. They are making vehicles for Amazon, sobeys, ikea, school etc. due to pandemic, they couldn't deliver more but they will once they have more staffs and no more lock down. They have more money than lordstorm, they are back by quebec and Canada. They have products. They are making them and expanding to battery business and foot print in US. Omg so much opportunity. Market cap of 3b US, potential of an upward of 1000% to 30b. Compare to the risks, worth it