Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don't know what to think about this one yet, I only bought a few shares with play money and won't be touching this again until they sell it down a bit. IMO they are falling behind, the only thing that will change this IMO is news about the success of the coin cell batteries that they intend to market BUT they haven't even announced commissioning of the pilot plant. Wasn't there supposed to be a coin cell battery pilot plant come online right about now????
THIS RIGHT HERE>>>>>>>>>>>>>>>>>>They have four days to do what they said they would do " Construction of the Pilot Battery Plant has commenced with commissioning expected in November, 2021"
Zero tolerance for slackers, especially when their competition (Tesla/Panasonic) are the overly ambitious opposite of slackers. $GMGMF......
Added at 5.10 (oh-oh - bought The Poke-Below).....
Average now of 4.47
Should also've re-entered SLI on its' Short Attack.....
Could've easily done so at around 9 bucks
Ha - But I had no awarness of the attack - I THOUGHT that it MAY HAVE been due to fear of GMG
SLI high this morn 13.60 - GMG last 5.11 - Is the S&P tanking today or something ?
Or are we just talking Thanksgiving Shennanigans ?
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Asli&x=0&y=0&time=19&startdate=2%2F4%2F2000&enddate=1%2F23%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
SPY last 468 !
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=spy&x=38&y=22&time=19&startdate=2%2F4%2F2000&enddate=1%2F23%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Hey, you are / were right - whereas me - I wasn't sure ! (1/2 way thru the day)
Yeah well that's here somewhere's on this board.....
I dunno WHERE But he's done some good interviews (which've been posted)
ONE thing I've "learnt" tho is to never be "swayed" by a personable, convincing CEO
Because that's what they get PAID to be.....
Regardless, ya' sometimes gots to read between their lines like, if/when they're sayin' stuff like that.....they MIGHT just be expressing some facts ?
Jees what happened to SLI?
Man.....Mu thinking had been that i should actually Short the liths.....
Buy/hold GMG and Short the liths.....
Instead all I did was I Sold what liths I had (most of 'em)
Including THIS one (which plunged today due to an "ORCA Blue" short report)
Immediately tho after sketching this chart it hit a low of 8.53 (down 32%) !
It has since "recovered" though to 10.03
Can't help but wonder whether that there COULD BE indicative, of some "disruptive technology" on the horizon.....
Or, (more'n likely) it's just a coincidence, right (that GMG's recent ascent coincides with a short report)
Some OTHER analysts tho I ALSO "heard", were stating that there ARE other more promising techs entering the scene.....
Plus,
GMG's CEO stated that they are "under some strict non-disclosure agreements" and that he's been recieving inquiries from some large industry participants.
Anyways wow it was like boy what a day
They use their own design cell and have recently switched to a tabless design. Their cells are rolled together into an assembly. Tesla Tabless Battery
GMG will begin with button batteries. IF the results are what they are on paper, they are smoking everything on the market in terms of power density.
Thanks Kswies for your feedback.
Ah, ok, so then is NowWhat saying that GMG can manufacture their batteries in a way that can stack and have integrity, durability, and price-point to be more competitive than current/near future other EV batteries? I wonder if there is a white paper on GMG's technology and business plan on costs, etc.
Tesla started with the 18650 cell, a very standard sized and abundant lithium ion battery cell. The magic was how they fabricated the battery assembly in mass.
No time to delve into links with help of google, yet you can reply back to me here for a minute or two? LOL Chuckles for Spartex.
Like I say - to the best of my current understanding, current EV batteries are all simply coin-sized batts, stacked up on top of each other.
No time right now to go delving for the links I've seen - Sorry
Whaaat ?....aw man ; Don't tell me U haven't been BUYING this morning !.....he-he.....Awwww MAN !
Did u know that button/coin size batteries are ALREADY in use ?.....
And that Tesla, ETC. are ALL simply FULL of them ?
Each of 'em simply have THOUSANDS of them - just simply stacked on top of each other.
*At least, as I understand things at least (excluding BYDs' Blade batteries)
I've seen it and it is animated a lot, but not showing any performance charts/graphs/data ....... appears still too early stage to know if little button/coin size batteries can be produced at automobile scale, so there's the rub. Do they even have any #'s on earnings margin from making even the little batteries??? Need data in order to do informed investments.
Today's trading unfortunately looks like continued distribution (selling)
I've seen it and it is animated a lot, but not showing any performance charts/graphs/data ....... appears still too early stage to know if little button/coin size batteries can be produced at automobile scale, so there's the rub. Do they even have any #'s on earnings margin from making even the little batteries??? Need data in order to do informed investments.
Today's trading looks like continued distribution (selling)
Good points K. I looked up ElecJet but am not sure how it stacks up against what GMG is........developing.
Will be an interesting day tomorrow !
Have u seen this vid ?
https://www.youtube.com/watch?v=aWXX8q88eZY&t=358s
Well I'm certainly capable of doing that akso (of buying first and asking questions later).....
In fact, that's what I NORMALLY do !......* That's just the nature of this CHARTING "biz" !
Be good share in your research tho - Got any LINKS at all ?
PS I suspect that you're under-estimating their tech -
Like, are those others extracting their graphene from nat gas, and/or.....
Regardless, I've got it hitting 5.75
Plus, it's just NATURALLY gonna be VOLATILE here (with highs of 7.25)
I broke my own rules when I bought this, in hindsight and now with more research under my belt I wouldn't have, there are companies that are already producing this technology. These guys are just experimenting and are behind their competition. ElecJet has already went to market with a super fast charging battery pack. Samsung says it will be in its phones very soon (prior to covid estimates were by the end of 2021) Bummer, glad I only bought a little bit. GLTA
Now bid 6.12 - Ask 6.20 (20 minutes later).....Yeowch - LoL eh ?
At least it's perhaps at the support (of 6.12) !
Altho I'd somewhat doubt that......Gap's now beginning to become a factor.
Volume 857 so, on 100,000
Bid 5.97 - Ask 6.02 !
Sure done HEAT UP good !
I believe that I've seen lately, on our Canadian exchanges, some incredibly brash tom-foolery.
SPY . GMG
Strange, or perthaps maybe not - I dunno.
Only up a paltry 8 & now
Yeah I know (really).....re : Battery tech
One thing's for sure - It's a topic which for ages?, has "enthralled" and captured the imagination of the public.....
Hence GMGs' "story" may have THAT going for it also !
Good grief
Just a little piece for now. I remain skeptical, battery tech is equivalent to pharmaceuticals, lots of things look good on paper, CAD, and math but have issues in the real world. If this is the new tech, I have a hard time believing the titans of this industry are not already working on this. Time will tell. $GMGMF long
True. I grabbed a starter position this morning made 18.52% in a day, I'll take that all day everyday LOL. $GMGMF long
Not a soul is even aware of this company yet (well, maybe about 12 people).
Could've added more at sub-5.75 - Maybe even SHOULD HAVE too ! * Bizzarely
Why ?.....because it's manifesting many of the neccesary (desireable) ingredients for a real frickin' bubble-type stock.
I held it for about a month at 2.25 but sold and've re-entered it now at an average of $4.oo
As evidenced by this recent ascent.
Typically otc charts can get "screwed up"
It's good U didn't chase !
I'm not sure HOW one could label last week "hard resistance"
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gmgmf&x=45&y=14&time=100&startdate=8%2F1%2F2021&enddate=11%2F30%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
A comparison just for laughs
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Agmg&x=52&y=10&time=100&startdate=8%2F1%2F2021&enddate=11%2F30%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
It seems to me you may be using thier "irrelevent chart" ?
Given that otc charts are so typically "screwy" ?
It's certainly "pulling back" now tho however.....Last 5.85
Bid 5.84 - Ask 5.90
High 5.21>>>>>(not shown)
Is GMG why Elon just sold over a billion bucks worth ?
https://www.axios.com/elon-musk-sells-billion-tesla-stocks-3c4c3272-b564-449f-bb6a-4a8579a9c6f1.html
Ooops, oh wait - Here it's shown ; Volume's incorrect however (should read just below 1 million)
Move over Elon - Your tech's obsolete !
Aluminum graphite charges 60 times faster
???
Tesla versus GMG (industry disruptor)
nowwhat
$GMGMF Settling down @ US$4.07. I have a buy order in, hoping I don't have to chase too much. I remain skeptical but feel the momentum is worth a ride.
GMG is a clean-technology company that has developed and proved its own proprietary production process to manufacture Graphene powder from readily available low-cost feedstock. This process produces high quality, low cost, scalable, ‘tuneable’ and contaminant-free graphene. GMG’s focus has been developing applications for ENERGY SAVING AND ENERGY STORAGE SOLUTIONS.
READ MOREIncreasing energy consumption is a fabric of everyday life. GMG’s Energy Storage Solutions are innovations that strive to meet the cleaner and greener and capacity demands of the growing world.
Increasing energy consumption will grow into the future. The fossil fuel and carbon footprint reduction will require innovative solutions that have less CO2 and other greenhouse gas emissions, a greener impact, a sustainable future, and a high level of capacity.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |