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Could happen next week. Not convinced yet that it won’t
S&P could have one more pop left in her and then the market is due for a correction...
I wondered if they held it in other ETF funds but too lazy to hunt it down 😏 Tx!
Cathie holds Archer in 3 ETF’s ARKK innovation, ARKQ autonomous technology and robotics and ARKX space exploration and innovation
ARK is holding 23.79m shares
ARK is holding 23.79m shares and I just mean for the short term. S&P could have one more pop left in her and then the market is due for a correction and the algo’s will bring this down with it not to mention $5.20 gap is still open.
Hopefully airworthiness criteria is finalized soon with FAA. That would be huge news effectively leapfrogging Joby
Cathie (ARKK) is still holding 14 million shares as of today:
ticker cusip# shares value
ACHR 03945R102 14,077,857 $89,535,170.52
Shares of air mobility specialist Archer Aviation (NYSE:ACHR) moved up modestly on Thursday following a significant announcement. Earlier this morning, management revealed that the company’s Midnight electric vertical takeoff and landing (eVTOL) aircraft won a major industry honor for its innovative design. Subsequently, the news builds upon the rising credibility of ACHR stock as a leader in the new mobility paradigm.
According to the official press release, Archer announced that the MUSE Design Awards — an international design competition — recognized the Midnight aircraft as the “Transportation Design of the Year.” Notably, Archer benefited handsomely from world-class design professionals led by Julien Montousse, former Head of Design at Mazda’s (OTCMKTS:MZDAY) North American division.
ACHR Stock Alert: Archer Aviation Wins ‘Transportation Design of the Year’ Award
The air mobility specialist boosts its credibility
By Josh Enomoto, InvestorPlace Contributor Dec 21, 2023, 1:01 pm EST
Shares of air mobility specialist Archer Aviation (ACHR) moved modestly higher on Thursday.
The company’s Midnight eVTOL aircraft received a major industry honor for its design work.
ACHR stock represents one of the more credible ideas within the urban air mobility sector.
https://investorplace.com/2023/12/achr-stock-alert-archer-aviation-wins-transportation-design-of-the-year-award/
Nice to see.
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced its Midnight aircraft has been recognized by the MUSE Design Awards as the “Transportation Design of the Year”. The MUSE Design Awards celebrates and honors the world's best in design and innovation.
https://investors.archer.com/news/news-details/2023/Archers-Midnight-eVTOL-Aircraft-Wins-Transportation-Design-of-the-Year-Award/default.aspx
I know, market has been ripping for weeks, thought it would get us to that next level
Well- today was a down day for most stocks.
Stocks tumbled on Wednesday as investors cashed in some profits following the market’s recent hot streak, and FedEx dragged the S&P 500 lower.
The Dow Jones Industrial Average slid 475.92 points, or 1.27%, to 37,082.00. The Nasdaq Composite was lower by 1.50% to 14,777.94. Both indexes ended a nine-day advance, and they had their worst day since October.
I’ll be doing same but 4’s and 5’s are starting to outstay their welcome like 2’s and 3’s were lol
Nope I'll keep adding
Going back to low 5’s pathetic
Lol 11s my immediate target then I lock it inRide freebies
Yea it’ll hit 11 then pullback to 6 lol
Higher highs...11s in 2024 I just keep adding in my ira
You forgot the last part, onward upward and downward
Maybe- I will continue to hold both core and trading positions for now.
On the path way to 11s next yr
All about technical analysis.....onward upward
Not in recent memory............
Of course there is no follow through, is there ever?
IF there's any carry-through on this next week, might be a good time to write a few calls.
11:30 AM ET 12/06/2023
Archer Aviation's (ACHR) short percent of float has fallen 5.57% since its last report. The company recently reported that it has 39.63 million shares sold short, which is 17.8% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.72 days to cover their short positions on average.
According to Benzinga Pro, Archer Aviation's (ACHR) peer group average for short interest as a percentage of float is 6.76%, which means the company has more short interest than most of its peers.
3:25 PM ET 12/04/2023
Bullish option flow detected in Archer Aviation (ACHR) with 3,327 calls trading, 1.3x expected, and implied vol increasing over 3 points to 70.57%. Jan-24 7 calls and Jan-25 7 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.25. Earnings are expected on March 7th.
I don't think particularly. Make sure any shares you hold in a Brokerage account are in a cash/not margin position. Supposedly they are not able to borrow shares held in cash for shorting.
Would it help if all of us placed high sell orders? I did. :)
That and the market is trying to decide whether it’s going to pullback or not S&P fighting for $450 and spent most of the day below it
Good to know. Thx.
Remember there is a large short position in this stock.
This is from yesterday
Historical Short Volume Data for ACHR
Volume Short Volume % of Vol Shorted
Nov 15 3,871,380 2,072,213 53.53
I've been accumulating monthly
Archer Achieves Key Flight Test Program Milestone As Midnight Takes Flight
October 25 2023 - 09:00AM
This milestone builds on four years of flight testing which began in 2019, including two years of full-scale flight testing of Archer’s Maker aircraft
Midnight’s flight envelope is on track to rapidly advance from hover to full wing-borne flight over the coming months helping pave the way to begin “for credit” testing with the FAA next year
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that its flight test program hit another key milestone as the company’s Midnight aircraft took flight. This milestone builds on Archer’s four years of flight testing, including two years of full-scale flight testing with Maker.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231025223093/en/
Archer's Midnight eVTOL aircraft in flight. (Photo: Business Wire)
Archer's Midnight eVTOL aircraft in flight. (Photo: Business Wire)
“This next phase of Archer’s flight test program is only possible because of the four years of flight testing we’ve done. Midnight is building on the successes of its predecessor aircraft and represents another significant step forward in Archer’s path to commercialization,” said Archer’s founder and CEO Adam Goldstein. “The next year and a half will be focused on continuing to rapidly advance our flight test program and Archer’s electric air taxi operations as we prepare to bring Midnight to market in 2025.”
“Having taken seven full-size eVTOL aircraft from design to flight test during my career in the eVTOL industry, today’s milestone with Midnight marks the most significant flight to date bringing Archer and the eVTOL industry another step closer to bringing a scalable and commercially viable aircraft to market,” said Archer COO Tom Muniz.
As Archer’s flight test program continues to advance, Midnight’s flight envelope is expected to progress rapidly from hover to full wing-borne transition flight in the coming months, paving the way for the company to begin “for credit” testing of its Midnight aircraft with the FAA next year as it works towards entry into service in 2025.
Simultaneous with the Midnight flight test program, Archer intends to continue Maker’s flight test program as well as flying simulated commercial routes to continue to advance the company’s operational readiness.
Archer’s goal is to transform urban travel, replacing 60–90-minute commutes by car with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise, and cost-competitive with ground transportation. Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.
About Archer
Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA.
To learn more, visit www.archer.com.
Good plan… I bought 4.60 today… now I need a mental break and won’t be looking for a few weeks lol
Thanks. Well- so far anyway. Anywhere < $4.50. I'm will to add to trading shares. If it drops under $4.00, then I add to core position.
Bond market/ treasury yields are calling the shots and the computers (algos) are the ONLY players making the market.
Either take advantage of the asymmetric trading of the algos (buy the beat-downs), or, sit back and wait it out. You can not
win against the HFTs/algos.
I wouldn’t be surprised to see 3’s
Market feels a bit crashy
I hope I’m wrong but either way I’ll be adding
I put in a couple orders for $4.50 for AH- I see that are starting to fill,
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We set ambitious goals. We make data-driven decisions, hold ourselves and each other accountable and are committed to relentless execution.
Urban mobility is about to be taken to a whole new dimension. Designed to be capable of flying distances of up to 100 miles,
but optimized to conduct back to back flights of ~ 20 miles with ~12 minutes of charge time in between, at a cost that we believe will be competitive with ground based ride share.
Midnight is aiming to redefine what air travel can be: low cost, low noise, with the safety of commercial airlines.
by six independent battery packs, each supporting a pair of electric engines
Midnight was designed from the start with safety in mind. To achieve our desired levels of safety, redundancy is key. Midnight’s avionics system includes four flight control computers,
with redundant inertial navigation, GNSS and AGL sensors to ensure robust and reliable data to the pilot.
Each pair of forward and aft electric engines are independently powered, helping to ensure the aircraft can safely complete a flight should an entire battery pack fail.
Designed to hold a 1,000+lbs of payload, the aircraft can truly handle four passengers plus a pilot.
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