VinFast Auto Ltd (VFS)

[Pennsy]

Fantastic run! Hope everyone did well! Cheers!

[Jack_Bolander]

Pump and Dump.

[riha]

Having a good morning?

[TheFinalCD]

congrats now sub 50

[Surfacetite]

Sold some warranst today, still got a small position - playing with house money now.

Remember to take profits and don’t regret selling.

[PennyPusher786]

Time to keep running the warrants up people

[riha]

Stock goes down, MT101 disappears...

[Dennisb68]

Glad I sold yesterday at $82.00. I see this going back into the $20's.

[PennyPusher786]

Warrants doing alright today

[riha]

Well, we knew this was going to happen...

they really can do something with all this buzz, but this volatility isn't going to stop unless they stay the course.

https://markets.businessinsider.com/news/stocks/ev-maker-vinfast-200-billion-meme-stock-short-jim-chanos-2023-8

[zatafour]

Looking at puts for this yesterday but the premium was so jacked, now I know why

[riha]

and, off the breakout board. It's going to be volatile until we see some real numbers on cars being sold in the US.

But, I am keeping my warrants and will exercise them.

[PennyPusher786]

9284 warrants just got picked up at 3.99

[PennyPusher786]

Nothing like consolidation on a bloody Tuesday lol... at least it's holding 70s and warrants in mid to high 3s.... big difference from $12 & .30 cents

[Hercules1]

It is recovering.

Hopefully it closes green.


I think it can.

Maybe it runs like hell in after hours trading today.

[Bountiful_Harvest]

VFS was supposed to be a $10 SPAC, but within 2 weeks has become The World’s Third-Most Valuable Automaker:

https://insideevs.com/news/683985/vin-fast-third-most-valuable-automaker-worldwide/

It’s behind only Tesla and Toyota, despite selling just 151 vehicles in the US in the first half of the year.

https://ih.advfn.com/stock-market/NASDAQ/vinfast-auto-VFS/stock-news/91916302/vinfast-wall-street-s-new-frenzy

VinFast went public through a merger with the SPAC Black Spade, valuing the company at $23 billion. The automaker is part of the Vingroup conglomerate, controlled by entrepreneur Pham Nhat Vuong, primarily operating in the technology and industry sectors.

Vietnamese electric vehicle manufacturer Vinfast’s (NASDAQ:VFS) shares surged another 30% in pre-market trading on Wall Street on Monday, extending a recovery from the previous week that more than quadrupled its market value to $160 billion.

The company made an impressive debut on Wall Street earlier this month, and its valuation quickly rose to become the world’s third most valuable automaker, trailing only Tesla and Toyota. However, the limited number of Vinfast shares available to the public made the stock prone to volatility, with fluctuations of 14% or more in 11 out of the last 12 sessions. If today’s increase holds, the market capitalization could increase by $50 billion.

This could pose a threat to Toyota. Mercedes, Stellantis, Ford, General Motors, and Ferrari have already been affected.

Vinfast is nearly entirely controlled by Pham Nhat Vuong, the richest man in Vietnam and founder of the parent conglomerate Vingroup, holding about 99.7% ownership.

Disclosure: I do not have a position in VFS, but am watching with great interest.

VFS 10 Day Chart:

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=VFS&insttype=Stock&freq=7&show=&time=18

VFS Warrants:

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=VFSww&insttype=&freq=7&show=&time=18

[PennyPusher786]

What's the deal with the Warrants anyway. Anyone care to share?

[PennyPusher786]

Warrants inching back up to green zone

[PennyPusher786]

Last week it dropped from 40s to 35 and ripped back up to 40s right before open... i would love to see that

[PennyPusher786]

Is it gonna be a typical bloody Tuesday? Lol

[Triple nickle]

Lol well that little gap closed

[Hercules1]

game on bro if it breaks $100 in the morning.

it hit $93 today.

[Hercules1]

https://twitter.com/StockHits1/status/1696352168834633909

[MT101]

Thanks for shares Hercules. That’s some solid insight into exactly what’s happening here. Wouldn’t be Suprised if this went to $500-1000 this week

[Hercules1]

$VFS This is some solid dd and insight from “bugdaddymooseman”

So this random Vietnamese EV stock is worth $200B. Okay. When to buy puts?

The answer is, closer to DEC/JAN, not now. This former four letter acronym starting with the letter ‘S’ and ending in ‘PAC’ is in a truly…

— Deutsche Trader (@DeutscheTrader) August 29, 2023

[MT101]

We are trending across all platforms. This is opening over $100!

[Hercules1]

they are building a $5 billion dollar plant in north carolina.

they have very deep pockets backing them.

there are billionaires backing this stock.

this is likely to rocket to $120 to $130 tomorrow if the demand stays strong.

and every indication is that people want this stock.

they all want a piece of the action.

nobody wants to miss these gains.

[Hercules1]

follow this account on twitter:

https://twitter.com/VinFastUS

[Hercules1]

now can you imagine if the company has news in the morning?

this can hit $150 tomorrow.

[Hercules1]

it is likely to open around $100 or higher and then proceed to rocket to $125 or so tomorrow.

[MT101]

This will sling shot into deep into triple digits tomorrow. Another green close both market and AH. This is a $HKD

[Surfacetite]

Should be more fun tomorrow.

[Hercules1]

holding up very well in after hours trading.

this is likely to open at around $100 in the morning.

there are billionaires behind this stock.

this is not going to back down.

next stop is $100 and then $150.

all this happens this week.

[riha]

steady day... If they can come through on orders and not have another recall we should be good.

[Triple nickle]

May start again

[Hercules1]

$VFS to $100 to $120 possible today.

$VFSWW: warrants can hit $5.50 to $6.

[TheFinalCD]

WOW YEAH ITS PRETTY SICKENING

AND ALSO AMAZING THAT HEDGE FUNDS CANT TAKE THIS DOWN

THE VALUATION AND MARKET CAPS ARE JUST INSANE

[TheFinalCD]

HAS THAT LOOK

OR $60

[make it happen]

Very inflated $200,000,000,000 billion with a B market cap.

Only .52% owned institutional

Over 2.3 billion shares in the O/S

Scooters...

This stock is like playing hot potato until the fall out IMHO

4x value than ford and so many others. Yet have you ever seen one?

[Expensivetaste281]

$100+ today no questions imo

[winna]

Lmao SMH

[Triple nickle]

Got big feels for 116.00 imo

[PennyPusher786]

This breaks 80s and holds 90s then 100 + and i can see the warrants getting to $6+

[PennyPusher786]

Yeah they went 30+ that was 2021 though and 2022... a lot more cash was in circulation those days..

[Surfacetite]

DWACW wastants went hella high, so sky is the limit.

[PennyPusher786]

How high you think the warrants can go?

[Surfacetite]

These warrants gonna make American great again!!!

[JusDePomme]

Look at VFS man...unreal ! Life not fair! these billionaire get richer and richer each day! The thing I don't understand about vinfast company is cars have trouble selling but stocks keep going up! Hmmmm

[Hercules1]

$100 to $120 today.

$200 tomorrow.

[Pennsy]

The gift that keeps on giving! Cheers!