Electrameccanica Vehicles Corp (SOLO)

[Monroe1]

Boom there it is!! One buck. Should we break through and hold above a buck for a few days, I will be buying more.
Expecting news. Someone knows something good I do believe.

[trendzone]

About to blast through a buck,and morons are selling the warrants dirt cheap.

[Monroe1]

I am expecting a corporate update.

[govprs]

What ever it takes!

[Monroe1]

Mullin heavily shorted did a turn around. Lead the way for other EV's to rebound that have been oversold. Eventually the market gets tired of being negative.

[govprs]

Ok but crazy volume makes me curious

[trendzone]

Many electric vehicle stocks been running up lately with this one being so cheap, could be being viewed as being greatly undervalued at these levels,and having possible big upside to it.

[govprs]

What’s the news here? Volume is thru the roof

[Monroe1]

I hope she does a good job albeit I am displeased in the decision to end three wheel motoring. The infrastructure is in place for some great growth.

[Monroe1]

Nice jump today up 22% so far. Contracting out their facility will always produce income. Transitioning to 4 wheels will spark the stock whenever that happens.

[Monroe1]

Oversold condition prevails. Due for a bounce. Also due for an update from the company. At least there is income from the leasing of the facility for manufacturing.

[Greenpower1]

He took the video down. Found it was just speculation but he presented it as facts.

[Monroe1]

YT?

[Greenpower1]

I read this over on an expert's YT site. SOLO is in Phoenix and they just bought FUV. ELIO is based in Phoenix and has a turnkey plant Shreveport. I see all three getting together and making this all work.

[Greenpower1]

SOLO just bought FUV. Everything will be fine now.

[TRACING]

they loaned 10, then planned to sell them on feb 24 and 25, but then recalled on the 17'th. now fuv is in play over all of this based merely on some speculation.

[Monroe1]

update, new direction, shit canning 3 wheeled going to 4 wheeled. Sad move in my opinion. Also deal with Volcon to mgf in Mesa.

"As the world turns" just like the old soap opera.

[Monroe1]

Recall Alert: February 17 2023 - 04:35PM
Business Wire

ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today announced it will voluntarily recall approximately 428 SOLO (G3) vehicles, model years 2021, 2022 and 2023.

While driving, the vehicle may experience a loss of propulsion. An instrument cluster warning light illuminates, and the driver will experience a loss of power as the vehicle decelerates as if removing their foot from the accelerator pedal.

[Sounds like a sensor overheating Wait a bit and it is good to go. But not so good overall. All part of growing pains.]

[DrDouglas]

SOLO gave or loaned 10 vehicles to be used for the Super Bowl. I never saw anything on them - did anyone else? I had hoped it would be something of a World introduction to the vehicle.

Still have high hopes.

Dr. Doug

[duderaja]

I've bought and sold this for several years and it always moves like this, but this is an all time low and sure looks like it's screaming buy to me. Nothing that I can find to indicate anything wrong. Just hire a new CEO that was with GM for 27 years and was President and managing director of Chevrolet and Cadillac in Europe when she left. Opening new manufacturing facility in US. All Good!

[benfrankledger]

Considering that myself.

[Ryguy008]

Ehh small caps always have a mind of their own. I have been keeping tabs for awhile. I'm hoping they are busy securing licensing like the recent one to sell SOHO vehicle in AZ.

They need to do something big.


$SOLO

[MasterBlastr]

Funny this didn't move with the rest of the market today. Are these guys in trouble for some reason.

[Ryguy008]

Good bargains down here

$SOLO

[duderaja]

Electrameccanica Vehicles Q1 EPS $0.15 Vs. $0.00 YoY, Sales $1.05M Up From $144.94K YoY

5:14 pm ET May 12, 2022 (Benzinga) Print
Electrameccanica Vehicles (NASDAQ:SOLO) reported quarterly earnings of $0.15 per share. The company reported $1.05 million in sales this quarter. This is a 624.42 percent increase over sales of $144.94 thousand the same period last year.

[duderaja]

Like I said "I don't think it's the bottom", but I doubt you will buy in again if you're waiting for .77. I bought just enough to see it in my account so I could keep an eye on it. I still think we could see $1 though. Time will tell. GLTY

[wEaReLeGiOn]

oops. Deja vu?
Chit happens.
I'll go out on a limb like I did when I said it would hit $2 (when it was $8) and put a buy reco' @$.77

See ya then =)

Electrameccanica Veh (SOLO)
1.37 ? -0.16 (-10.46%)

Dipped my toe back in at 1.5. Still don't think it's the bottom, but could be. Let's see what happens.

[duderaja]

Dipped my toe back in at 1.5. Still don't think it's the bottom, but could be. Let's see what happens.

[wEaReLeGiOn]

Lmao em

[duderaja]

Broke out of it's trading range today. Could see a buck before long if the market doesn't change. Glad I'm out for now.

[duderaja]

Don't know what you call recent, but that was back in January. I bought and sold this dozens of times. It is an easy flip. Recently bought in at 1.69 - 1.75 several times and sold at 1.84 - 1.89 and it continues to trade between 1.7 - 1.9. Easy money.

[wEaReLeGiOn]

Ouch! all those recent alleged buys you posted =/

Ah well, when in doubt..

There was a period back in March - May 2020 when it would drop to .9 and run to 1.10. I flipped it several times

[TaperT2]

Is that all they have is 1/2 a car on 3 wheels lol GO SOLO ,

[georgie18]

Thanks...appreciate the heads up...

[seventhcircle]

$solo moving up today

[duderaja]

There was a period back in March - May 2020 when it would drop to .9 and run to 1.10. I flipped it several times back then and have traded in and out of it ever since. I'll watch what happens tomorrow if if it goes much lower which I think it could, I'll probably buy back again. No real reason for this drop except for the mood of the market in small caps.

[georgie18]

It is trending like most of the small cap market...This brings me back to almost 2 years ago when I was buying under $1 and then it ran to $13 range...

Made a good amount of profit with my SOLO traders...but time to see $5 plus...

I just doubled down recently so hopefully your correct and the downturn is about to blow over...

Enjoy...

[duderaja]

Hasn't been this low in almost a year and a half. Looks like another buying op. This downturn is about to blow over.

[georgie18]

SOLO...$2.15...https://finance.yahoo.com/news/electrameccanica-2021-ceo-letter-shareholders-130100473.html

Most notably, we successfully commenced the first-ever commercial deliveries of our flagship, single-seat electric vehicle (EV) – the SOLO to retail and fleet customers...

To support our anticipated rapid expansion, we broke ground in August 2021 on a 235,000 square foot facility in Mesa, Arizona this spring...

Once fully operational and taken in tandem with our dedicated facility through our strategic manufacturing partner, Zongshen, we will have the ability to produce up to 40,000 SOLOs annually...

Backed by a balance sheet with over $228 million to execute on our strategic priorities, we are confident in our ability to revolutionize the transportation space by providing consumers, fleets and ride share users a purpose-built solution to solve today's urban driving challenges.

[lesgetrich]

First, selling shares into the market is not considered to be dilution. Dilution occurs when new shares are issued by a company. No new shares were issued here. They sold shares that had already been issued to them and counted as part of the company's Outstanding Shares (OS).

Second, rarely has the daily volume of SOLO trades fallen below one million shares. Their average volume for the last 10 days was 3.8 million shares. The largest volume sold on any given day by Ascend/Koll was 71,739 shares/day sold over several days in early October. The vast majority of their sales consisted of blocks of 19,187 shares/day from mid October thru the end of the year. It's unlikely that such a low percentage of daily volume could have had a significant impact on the pps. Usually institutional and large block sales are distributed throughout the day by Market Makers to minimize their impact on the pps.

Third, Ascend is acting like any responsible investor and taking profits at market highs. Is it payback? Of course it is. Is there anything nefarious about it? Absolutely not. They took a risk with the company and now they're reaping the reward.

[AlwaysKing]

Is Ascend a lender that is getting paid back through the sales of shares into the market amounting to over $4 million dollars since August 25, 2021 which is basically considered as dilution, or is there another reason the selling of all of those shares happened?
https://investors.electrameccanica.com/sec-filings-email/content/0001062993-21-013519/formsc13da.htm

[georgie18]

SOLO...$2.46...off the $2.20 bottom...:partying_face:

[duderaja]

Had to buy more at 2.24. People taking end of year losses. Good for me.

[duderaja]

Bought more at 2.26

[duderaja]

Back in at 2.3

[double_m]

[duderaja]

Yes, I sold it yesterday at 2.77 and bought it back today. What's so hard to understand about that?

[wEaReLeGiOn]

Oh I see, you bought it today as you said, and sold it yesterday.

Damn, impossible to lose, lol

Enough bs, bye

[duderaja]

Not really, I sold that same batch yesterday at 2.77. Maybe I'll sell it again at 2.77 today???

[wEaReLeGiOn]

Ya okay, already under water with that one.. make sure to squint at your average cost.

Oh I know, it's magically very low because sooooo much was just purchased.

Right? Riiiight.

I'm just sad that shorting this POS was impossible.

I'm still a player @ <$2

Just waiting for the bottom to drop out..