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The Fisker’s are scum !
Any news on the horizon about production starting again ? I saw a comment on social media about the 2024 models from a dealer coming soon.
All in speculation at this time but maybe news is leaking .
Still possible !
I really hope that Fisker gets their act together and with this company background experience and from Henrik last talk to the media he indicated that the media has “Overblown “ the whole picture.And some other interesting remarks that he said about the EV industry going thru a revamp or something of that nature. When you look at the recent news things seem to be going as planned since Fisker signed up some additional dealers to sell their EV’s.
Fisker stoped production about 3 weeks ago for a total of 6 weeks while they restructure for a possible investor and OEM. Also possible bankruptcy as well . I don’t think that Fisker wants to go BK for a second time around. If some news come out with a restructuring then a 500% day is possible
Bk will put this in $.001. It’s over here . BK second time around. I hope I’m wrong . IMO
OTC is a very tricky market and especially when notes from lenders have not been paid and late fees accumulate. This is when the dark pool exchange comes in . IMO
“As previously disclosed, the Company continues to evaluate strategic alternatives and has engaged Deutsche Bank and PJT Partners to act as its financial advisors in connection with such efforts. Such alternatives may include in or out of court restructurings, capital markets transactions (subject to market conditions), repurchases, redemptions, exchanges or other refinancings of the Company’s existing debt, the potential issuance of equity securities, the potential sale of assets and businesses and/or other strategic transactions and/or other measures. These alternatives involve significant uncertainties, potential significant delays, costs and other risks, and there can be no assurance that any of these alternatives will be available on acceptable terms, or at all, in the current market environment or in the foreseeable future.”
Good try but Fisker already borrowed 192 million back in 2012 and only paid back 52 million owing the Feds around 139 million dollars
https://www.csmonitor.com/Business/Latest-News-Wires/2013/1126/Fisker-bankruptcy-Feds-to-lose-139-million-on-Fisker-Automotive
The reason being is that Fiske’s debt is over one billion dollars. When you have that much debt Wallstreet shorts crushes the stock . IMO
The thing about these big hedge funds is that they make back their money shorting against their own stock . Most likely already made a profit on the downside
Magna bought at IPO . I believe the price they paid per share is around $10 . I believe Magna invested around 200 million dolllars . I don’t believe they have bought since the IPO
Magna bought at IPO . I believe the price they paid per share is around $10 . I believe Magna invested around 200 million dolllars . I don’t believe they have bought since the IPO
Bankruptcy rumors is what it is now…. But not true…..Yet
Even with bankruptcy Fisker can still run to $.50 . I have seen bankruptcy in OTC can get crazy .
All in my opinion
Upper Management is what have ruin this company by misplacing million of dollars as the 10k has not been filed and the stock is at $.02 because of bad management. You have to read the blogs about former employees who worked for the Fisker’s are like a dictatorship from I read. I’m holding some shares but will not buy one more share unless I see some insider buys by management.
700 internet calls in one second that means in one minute that is 42,000 calls and that is over 2.4 million calls in one hour this is the claim now with the company .What kind of bullshit lie this is.i really hope the CEO Henrik Fisker dies in his sleep what a con-man !$FSR
Come on SEC do something instead of watching porn !
So plan B was to sell the Ocean EV for a 39% discount and hopefully pay some of the debt payments and get another round of new financing. It’s the only logical thing to do. This still moves if you poke at it. It’s not dead 😵 but playing dead. IMO
“So far, our experience with the Ocean is like ordering pizza at a new, buzzy restaurant, only to get a pie with undercooked dough and no sauce because the tomatoes are still growing,” wrote CR. “The tantalizing promise of the final product is right there in front of us, but it’s quite unappealing in its current state. “
Consumer Reports says the Ocean SUV is “Nauseating “
https://www.carscoops.com/2024/03/fisker-ocean-gets-worse-review-yet-from-consumer-reports-that-calls-it-inexcusable/
$FSRN $FSR
Fire 🔥 sale ! Under 25k now .
https://www.bloomberg.com/news/articles/2024-03-27/fisker-slashes-ev-prices-as-much-as-39-in-fight-for-survival
But today, Fisker said that its talks with a large automaker for a potential deal have collapsed. Shares fell 30% before trading was halted, and at the time it was noted that “an announcement is pending.” We now know that that announcement is from the NYSE, which is moving to delist the stock – a move which NYSE warned was possible last month.
The stock delisting means that Fisker stock (FSR) will no longer be available on the NYSE, though might be available through OTC markets. It also has ramifications for Fisker’s upcoming 2025 and 2026 convertible notes – it will be required to repurchase the 2026 notes and will default on the 2025 notes, according to Reuter
OTC market most likely to trade on . Nissan is on OTC. This could still go to $.20 -$.50 on OTC . IMO
At this Fisker can’t get too picky. The CEO and COO his wife own a ton of shares and to let it go BK does not make any sense . At least get some millions in pocket as opposed to nothing . Unless they are crooks then BK . IMO
From what gather here Fisker did not like the terms of the deal and bailed out . But Why , Maybe a better deal somewhere else ?
Nissan has a presentation this Monday and talking about their future plans with the EV market and if Fisker is mentioned here then watch out !
Fisker dropping again and if BK is announced the drop would not be significant with $.12 . Maybe Fisker could see a nickel and a bounce from there. So if I wanted to gamble say $5,000 here I would wait until an announcement. You will lose it all or gain 1000% .
Just in my opinion!
Because of the 10K not being release there is no bottom . Once the 10K is filled then this will fly and any other OEM besides Nissan is also possible here. Fisker has the platform to make some trucks that will blow away Rivian. Have you ever seen a stock being halted and then open 500% higher well it could be Fisker ?
Just in my opinion !
This is not over yet. Far from being over and that is because no dum investor is going to give out 150 million dollars if they believe they will lose their investment. I believe the Nissan deal will go thru and the PPS will follow after . $ 1+ is my take here.
Just my opinion!
KEY TAKEAWAYS
Struggling electric vehicle maker Fisker said it will pause production for six weeks.
Fisker also announced that it had secured up to $150 million in new financing and is in talks with a "large automaker" that could invest in or partner with the EV maker.
Fisker warned earlier this month it might not be able to continue "as a going concern."
https://www.investopedia.com/struggling-ev-maker-fisker-set-to-pause-production-for-six-weeks-secures-usd150m-861051
Fisker has not had any reverse splits ATH of over $30.00 this was once over 5 Billion market cap in 2022 back when Rivian was over 100 billion market cap .
It’s Not over until the fat lady sings ! Fisker has a small lifeline of 150 million and stopped production of the Ocean for the next 6 weeks as the ongoing talks continue with an OEM .
https://www.businesswire.com/news/home/20240318072768/en/Fisker-Announces-Receipt-of-Financing-Commitment-of-Up-to-150-Million-and-Provides-Business-Update
What news tonight?
This is what happens when you post and you are drunk 😵💫….. I read Rivals as Rivian 😆 ….. so my target is still up for the grabs when I say that IF the Nissan deal is a Go then the PPS surges over $1.00 .
This is all in my opinion 🤠
It looks like $FSR will be under a dime on Monday . Nissan with Honda MOU with Rivian . It’s over ?
https://www.reuters.com/business/autos-transportation/honda-nissan-sign-mou-comprehensive-ev-cooperation-nhk-reports-2024-03-15/
Place your bets next week because IF there is a Nissan deal this blows over a dollar faster than a duck 🦆 chasing June bugs 🐞.$FSR
When you really think about the hit piece from the WSJ did on Fisker about bankruptcy not being 100% true you can see the manipulation on Wallstreet it made me wonder why 911 happened . People lose thousands if not millions . War is about money 💰 and greed . These people in Wallstreet don’t realize the domino effect this creates.
Just saying!
Once 10K out and Nissan deal : Alice ! to the moon !
“Late Thursday, Fisker executives said in a statement that, in general, it does not comment on "market rumors and speculation." But they went to say that the company "often" works with outside advisers to help manage the business "and assist in developing and executing strategies."
"Fisker is focused on raising additional capital and engaging in a strategic partnership with a large automaker," the EV maker said. The plan to shift its direct-to-consumer strategy to a dealer model is also still on track, the company said.”$FSR
The Bankruptcy facts turn out to be fiction . The editors from Wallstreet never confirmed it so it was all like “ fake news “ or just FUD. And if a deal is announced you can bet a run to $3.00 is not out of the question here .
Shorts will get here in the end . Hahaha 😂