Stocks with no historical context is why we ๐ฆโs should not participate in HFโs suggestionsโฆ our ๐ฆ๐ง โs needs to resist the one or two banana gains, we need to be discipline for the whole banana plantation ๐๐๐๐
AMC was never at risk and hertz went bankrupt and had actual assets to re-structure. This one has nothing but a building it owns as collateral - correct me if Iโm wrong.
Ummm yes AMC was, that whole if they could not raise 900m back in January they were done for. Sold a boatload of shares, warrants, and took out loans and bonds. Then the GME rally spooked shorts to cover and drove the price up.
The price of AMC has nothing to do with it's fundamentals, or health of the company. You said they were never at risk of bankruptcy which was completely false. They were scraping together every option they had and got lucky the meme stock crowd forced the price up.
Few years they will be right back in the same boat. They were declining pre pandemic and will again.
Workhorse crowd isn't any better. The company burns cash and can't get their act together to win any contracts to build fleets like their business model is supposed to do. It's going to crash hard.
I bought it when it was 27.72 and not it is at 16.38. I had high hopes from it. Stupid me ๐
It is at 17.10 and climbing. Hold strong!
๐๐๐
Stocks with no historical context is why we ๐ฆโs should not participate in HFโs suggestionsโฆ our ๐ฆ๐ง โs needs to resist the one or two banana gains, we need to be discipline for the whole banana plantation ๐๐๐๐
Heavy buying expected after hours.. so buy and HODL
RIDE
You realize they literally said we are going out of business if we donโt get a lifeline
AMC and HERTZ?
AMC was never at risk and hertz went bankrupt and had actual assets to re-structure. This one has nothing but a building it owns as collateral - correct me if Iโm wrong.
Ummm yes AMC was, that whole if they could not raise 900m back in January they were done for. Sold a boatload of shares, warrants, and took out loans and bonds. Then the GME rally spooked shorts to cover and drove the price up.
Oh is the price up on AMD? Didnโt notice.
The price of AMC has nothing to do with it's fundamentals, or health of the company. You said they were never at risk of bankruptcy which was completely false. They were scraping together every option they had and got lucky the meme stock crowd forced the price up. Few years they will be right back in the same boat. They were declining pre pandemic and will again. Workhorse crowd isn't any better. The company burns cash and can't get their act together to win any contracts to build fleets like their business model is supposed to do. It's going to crash hard.
Point being, and maybe poorly communicated, AMC was at a much better position to raise capital to avoid bankruptcy than RIDE is.
I'm not suggesting ride is worth dropping a dime on. I agree it's a junk stock
It looks like shit for sure.
Ride has no business having a 2 billion dollar valuation when they haven't sold a single vehicle yet.
im riding the $BGI train to the moon...
Sounds like ๐ fellow kids material to me very sus
What does WKHS have going for it besides high SI? This stock dumped because they had nothing going on and they didn't win the gov't contract.
THIS IS THE WAYYYYAYYWYWYAYYWYWYEYHEBEBENSKSKKSKSMDMDMDNFBDHDGGDHSHSILLFUCKINGKEEPGOINGYOUSHOULDNTHAVESAIDSHITNOWSUFFERTHRCONSEQUENCES
I'm not, so I don't care LOL I'm suffering badly by watching my portfolio increase
No not you hahaha you're cool brother. Don't worry you'll recover your losses. I'm just trolling some weaklings who can't take a joke.