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Bullboard - Stock Discussion Forum
E Automotive Inc
EICCF
Industrials
Technology
Software - Application
E Automotive Inc. is a Canada-based company, which is engaged in providing a wholesale auction marketplace (the Marketplace) and developing, marketing and distributing digital retailing software supporting the automotive industry. It has a digital platform (the Platform), which provides dealers with access to an online wholesale auction marketplace where they can purchase from or sell vehicles...
to other dealers, as well as gain access to software solutions to support dealers’ digital retailing and inventory management. Its Platform encompasses: Digital Wholesale Marketplace and Digital Retailing Features. Its hosted online auctions simulate the urgency of live auctions in a completely digital format by operating in real time. Its brands include EDealer and EBlock. EDealer is the Canadian automotive retail industry’s provider of inventory merchandising and marketing software. EBlock connects land and technology through a real-time dealer-to-dealer digital auction platform.
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GREY:EICCF - Post Discussion
E Automotive Inc
> BNN
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•••
argon12
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Post by
argon12
on Nov 17, 2021 1:48pm
BNN
They need to get one of the institutional buyers on BNN and speak about the merits of this company.
Online auctions is a huge growth industry.
(3)
•••
porksniffer
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Comment by
porksniffer
on Nov 18, 2021 10:37am
What will BNN do other than a quick spike and then back down again? This was sold to you at an inflated price. The reality is this was taken public at a ridiculous $1 billion+ valuation. Sure there is growth but the price paid by IPO chasers more than included that growth and more. People do not bother to read the prospectus; heck brokers themselves didn't even bother to read it and push it
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