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Can’t hold gains once again. Earnings last night.
Acquisition officially on the table. What price is the question? $10??
Will get acquired
Can’t hold gains. Weird. This is the 4th time its happened. Earnings should be out soon.
Earning can be anytime up until May 15th deadline. They pulled out of the UK it was a loosing market but that news hasn’t been announced yet. It was in a customer exchange thread asking about cars in the UK on X a few days ago. I’m assuming there will be a conference call on this earnings report since there wasn’t one last time. They need to get the stock going.
Someone mentioned that there was a new partnership deal. The only thing I saw was something on Twitter about San Jose airport but I’m now sure if this is what they meant. https://www.flysanjose.com/news-release/san-jose-mineta-international-airport-introduces-additional-carsharing-option
The stock has been flat around .24 on very low volume so who knows what’s happening. It’s a big board stock with no news and an unknown plan after putting in a few new executive positions.
Regrouping for another move up.
There is some talk about a new partnership deal.
Nothing going anywhere for many years. If it’s not current it gets delisted and goes to the expert or grey market with the new regulations put in place 2 years ago. So why do they keep it listed is anyone’s guess. Just a waste of everything.
Quarterly Delivery Numbers come out tomorrow. Anything over 13k will be ideal.
Getting closer. Need a push!
Came we break .07 in the next 24 hours?
Earnings either tonight or Monday. This is confirmed.
It’s need to catch on. If it’s part of the new internet Web3 then everyone will need it. If this is really true this will be huge.
Chart primed for a run.
Looks like something is happening. Nice base around .27 now. Earnings due anytime by 3/31.
Check out this crypto.
The Fastest Web3 Infrastructure for the New Internet which all major networks and companies worldwide must use. https://www.ankr.com
Are you concerned about 25 conversion dilution trigger that might be happening because Getaround didn’t meet Mudrick Capitals terms ? That’s most likely why the stock is stuck here. It will be large dilution of 900 million shares creating 1 billion outstanding shares if it takes place. I’m fairly sure a vote has to take place to approve it but the stock has been in this .25 area now for many weeks. Appreciate your thoughts. Thank you.
What do you make of this CEO change and this new CEO?
There is a rumor floating around that Apple could be a candidate to acquire them. Just a rumor.
Looks really good here. Two price targets of $40 and $45 recently.
News out tonight.
Had a little buying flurry today at the end.
I did the same thing keeping in mind that this needs to be over $1.00 asap for NYSE compliance. 24 million dollar cap vs Turo which is valued around 3 billion definitely a disconnect and once the market figures it out, watch out! I’m sure there will be news very soon. Too much good here and a .26 stock price is wrong.
What are your thoughts on the day today? Thanks. Back over .26
Yeah. Thanks. It’s weird today. I don’t see how they aren’t happy with all the news that came out since Dec and last week’s funding news was strong. What else are they looking for? They need to get this to $1.00 and a reverse split is off the table in my opinion. They need more news on something I’d say.
Yes.
Looks like it wants to go as long as we clear that block at .2665. A few days of consolidation now time to go. Company undervalued. Turo 3 billion dollar valuation this 25 million dollar market cap.
Made a good run to almost .30 this morning to get smacked. Still closed at 26. Consolidating to make another leg up.
Agreed. It recovered well today. Need a few consecutive Green Days 27 and .35 are the two resistance levels.
Yes. So far it’s nothing doing today. Grinding once again between .255 and .267
This was posted 3 hours ago on Instagram and X - Twitter about a free second driver and about their new app.
✌ Two drivers, one great price
— Getaround (@Getaround) January 29, 2024
We’ve heard your feedback: Guests can now add a secondary driver to their trips at no extra cost! 🆓
Text a friend, get the new app, and start exploring: https://t.co/insElkb4vi pic.twitter.com/nl4m0ylXf2
Time for another upward move!
They need to get this to $1.00 asap. The uncertainty has been removed last week’s filing says it all. No dilution, plenty of funding behind them with Jason Mudrick from Mudrick Capital Managemt who is the main funding source now on the board. Hopefully more news next week.
Needs a bit more time. It has to digest this move and it’s mid day. Let’s see how this closes. These small stocks especially spac’s that have been killed that pull an elephant out of their ….have made multi day runs. This has to get to $1.00 asap to get into compliance, they have until March I think but it’s been so killed and beaten down, it’s way over sold $1.00 should come fairly quickly. The company is making money but due to all of the uncertainty of conversion and bankruptcy talk up until the news last night people had this for bust. Now it’s so far from that and the best news we could get. Funding without dilution, Mudrick the lead funder on the board and plenty of money available. Mudrick believes in this industry and company. Also keep in mind Turo comes public soon and that valuation is somewhere around 3 billion so Getaround should be at least close to 2 billion in valuation/market cap. That will definitely bring it up also. Let’s go.
Wedbush as a $5.00 12 month argent on this Dan Ives credible analyst
Yes they are all finally current. Q4 and 10K are left and they have some time to get those out but there is a chance they might get Q4 earnings out before the special shareholders meeting on Jan 24.
What conclusion do we draw from all of this? This company has been dormant for years. No news, business, no nothing. Someone should take it over and make something of it. it does have a catchy name but that’s it.
We have and inside day in the weekly and daily charts with the rsi and macd on both charts reset to the neutral zones from overbought zones.