Post by
Starsearcher80 on Jan 18, 2024 1:54pm
UUNDERSTANDING WHERE WE ARE
Rough week for the stock share price. First of all,Notcom.LawisFun deserves no response whatsoever, including whatever incarnation he comes back as.At best, he creates something out of nothing, and sows baseless doubt. Enough said.
Now, back to my original comment, "rough week for the shareprice." The question is whether this is a company problem, or a problem within the broader ecosystem that the company exists within. Without a doubt, I consider this an ecosystem problem, and this is a GOOD thing, as I continue to see absolutely nothing wrong with the progress the company is making.
By saying "ecosystem", I'm talking about macro factors that are not company specific. The price of lithium for example, has (for the moment) collapsed. There is some scaling back of "full steam ahead" plans in the EV rollout (which is no surprise at all). To use an analogy, think of the broader ecosystem factors as a tide. You can have an AWESOME boat, but that boat WILL rise or fall with the tide too.
Those that can see this is an ecosystem problem should be in there buying with both fists at this point. It appears to be capitulation right now, which signifies the end of the move down. Furthermore, these buyers know the ecosystem will certainly change positive (EV is not going away whatsoever), and the company will continue to progress. IF, and it's not, a company problem, then that would be a totally different story. But again, it's not. The company by all accounts is doing fine.
To those unnerved by the drop, keep your eye on the prize, and do your own analysis of what the "problem" is. This "problem" is actually "opportunity" imho. Soon enough, those who sell will have the added pain of watching the stock bounce back up. Those astute enough to see things for what they really are, and understand what is at play, will make a LOT of money here imho.
Comment by
Lawisfun on Jan 18, 2024 2:37pm
~$0.36 CAD / Nano One share represents cash-in-the-bank value so I'm confident we can likely hold that ~$0.36 level.
Comment by
Teccing on Jan 18, 2024 7:58pm
Way too funny, here I was thinking it was contraption . Sorry you object to objective thinking, I was hoping I could of diverted you from some miserable losses.
Comment by
Lawisfun on Jan 18, 2024 3:18pm
Nano One share price needs to pump ~91% to get back to where is was three (3) short months ago. Not many other companies in this space have experienced this level of deep company distress. Even with that said, I might consider buying Nano One between $1.5 to $1.75 (as I have said previously when discussing our move down to these levels). good luck to all the longs.
Comment by
Teccing on Jan 18, 2024 3:16pm
I understand your the most experienced guy on this board, everyone should be listen, when you talk, because you've had at aleast 2, 10 10 braggers