Post by
Qwerty123456 on Oct 05, 2020 2:07pm
Good news today...
However not quite the market reaction I was expecting after months of build up.
Qwerty
Comment by
RapsAlot on Oct 05, 2020 2:30pm
They haven't released any news of selling a single unit. Perhaps next Tuesday on launch day. Up over 13% so far today. I'm good with it.
Comment by
Qwerty123456 on Oct 05, 2020 2:44pm
Yes I agree Rapsalot, news of sales when it comes (provided the numbers are good) should move the stock higher. 13% is decent but I guess I was just reflecting on the anticipation for the launch annoucement which I thought would take the SP higher (at least temporarily until the short / day traders took control of things). Qwerty
Comment by
Petro67 on Oct 05, 2020 2:53pm
Low volume in US. Only 87k, thus far.
Comment by
RapsAlot on Oct 05, 2020 3:03pm
Looks like those pesky warrants will come due tomorrow. Depending on how many are converted, I am thinking the savvy investor is thinking this SP may drop thru dilution over next 4 days and can get in at better spot. They basically told us expect no more news this week.
Comment by
Petro67 on Oct 05, 2020 3:07pm
I think we can safely count 80 Mil +, stocks. Still not so bad, providing that sales will come in volumes.
Comment by
RapsAlot on Oct 05, 2020 3:10pm
Definitely. Decent float. No more news all week potential is there for SP drop. Looking forward to hearing about actual sales numbers. Hope they say they are delivering 500 this month like the deck says. Roughly 1.75 million in revenue after Commersive takes there 49% cut.
Comment by
RapsAlot on Oct 05, 2020 4:00pm
I should have said it would be great if they hit the 500 unit sales target for October but I would really like to hear how many units they have inked regardless of delivery date.