RE:RE:God Tier DD? We'll see.I have never shorted and will never short this stock. Don't even know if there's borrow. But I've been recently thinking to myself what strategies could work to do swing trades to the upside. My conclusion is the following.
Unless the entire board and management is fired and replaced this company is DOOMED TO FAIL. The major shareholders and insiders are a cancer to this stock. There's an option like theta decay baked into the common shares - they're only going to grind lower as time passes between BS press releases. (This characteristic is hard to acheive btw. A testimate to how badly the CEO who doesn't speak is at running a company and architecting corporate finance strategies).
The longer the holding period for anyone's position in BEV, the lower the EV and higher likelyhood it'll go into the red and never be in the money again.
LOOK AT THE RYO 5 YEAR CHART. BEV looks literally the exact same. BEV right now is where RYU was in Aug 2018. Could that RYU spike in Sept/Oct 2018 happen in BEV? Maybe. Will the stock keep grinding down and hit all time lows every quarter until the company goes bankrupt? I think so.
Any swing trading upside is IMO not worth the risk. Not saying I'm leaving the bullboard (it's fun to remind the promoters they're idoits), but I realized today that I'll probably never (at any price). I haven't owned any BEV since I sold in mid $0.60s back in Dec 2020.