Cool calm collective
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.15 we are almost there. Lol
Omg again we were right, and I was right 20 cents wasn't so strong. People need to listen to me. Buy below .08. Make you money count.
Exactly.....not worried
Not worried at all, one day up, cool. Not worried though. The support might be strong but not that strong.
Can you private message me what this says
This bad boy is flying up
I disagree, I think it's still overvalued for reason I have already stated, let this come down some more and I will come in like the shark that I am
Saleen got another line of credit
I'll buy when this bad boy comes down further. Right now still too expensive, using the Warren Buffett method this stock is not worth what they are asking. Using this method, anything below .08 is the buy in price, I'll be long, but at .20 not worth losing money for
What did I tell that guy earlier? Lol I knew this would tank down a bit. I'm always right and don't need a chart to be right either
I won't need to, lol, this will break itself. ETFM doesn't need my help with that. Look at the chart if you need to but I don't need charts to see that this overvalued
Keep wasting your money it's going lower, you would be wasting time energy, and money and no matter how much you have it will always be in short supply
Anything below .08 is a shot but I would wait and see how low this goes, it might go to a penny and if does, that when I would buy in
Exactly. I see this as a sell and don't lose no more money type of stock
0.21
This will come down to 0.08 trust and believe and probably further, I'll buy in at the lowest of low prices
See Rifle I was right yet again. I love when I'm right.
For now, but as easily as it goes up is just as easily it will come down today, trust and believe I don't value this company at these prices. Two production cars and test. Overvaluation. I'll wait and see when this comes down further
I believe Tesla is deserving of competition, and ETFM will be exactly that. Because an average joe cannot afford Tesla prices, but the average can afford 2050 motors prices
I don't these terms for these sellers who are they? Or do they go by code names?
I put it lower at 0.08
I need this this to come down a ton more
So are they planning on going to the SEC to be current or they up listing?
What's the price target here? What are you guys thinking this will go to?
I see the voice traffic has came to a halt. Hmm why so quiet ETFM?
I love when I'm right.
Thats what I been trying to say, but I posted up pretty much the cash flow, i was crunching these number all night since i couldn't sleep, and the numbers make very little sense to me, I'm an accountant, by degree, I'm a private investor for a living. My opinion stays the same, this will see Nasdaq, but first we have to see a downgrade in the price.
This bad boy needs to drop to at least 20 cents, before I put in
KEY STATISTICS
Industry Range: Low Light Quintile Light Quintile Dark Quintile Light Quintile Light Quintile High Mouseover quintile for more detail Reuters Investment Profile Report
SHAREHOLDER EQUITY
Shares Outstanding 33.7 M
Institutional Ownership 0.00%
Number of Floating Shares 23.4 M
Short Interest as % of Float --
FINANCIAL STRENGTH (MRQ)
Quick Ratio --
Current Ratio 3.19x Light Quintile Light Quintile Light Quintile Light Quintile Dark Quintile
Debt/Equity 0.23x Light Quintile Dark Quintile Light Quintile Light Quintile Light Quintile
Debt/Assets 0.19x Dark Quintile Light Quintile Light Quintile Light Quintile Light Quintile
ETFM's debt to equity ratio indicates that it has been less aggressive with using debt to finance growth than 78% of its peers in the Auto & Truck Manufacturers industry. The resultant effect on earnings would be less volatile than related companies.
VALUATION (MRQ)
Price/Earnings (TTM) --
Price/Sales (TTM) --
Price/Book 29.67x Light Quintile Light Quintile Light Quintile Light Quintile Dark Quintile
Price/Cash Flow --
ETFM was not profitable in its latest fiscal year, therefore the P/E Ratio is not applicable. Its Price to Cash Flow Ratio would give an alternative indication of its expense relative to the Auto & Truck Manufacturers industry.
PROFITABILITY (TTM)
Gross Margin --
Operating Margin --
EBITDA Margin --
Net Profit Margin --
MANAGEMENT EFFECTIVENESS (TTM)
Return on Assets -95.74% Light Quintile Dark Quintile Light Quintile Light Quintile Light Quintile
Return on Equity -113.51% Dark Quintile Light Quintile Light Quintile Light Quintile Light Quintile
Return on Inves. Capital -113.51% Dark Quintile Light Quintile Light Quintile Light Quintile Light Quintile
The Return on Equity for ETFM shows that it is able to reinvest its earnings less efficiently than 92% of its competitors in the Auto & Truck Manufacturers industry. Typically, companies that have lower return on equity values are less attractive to investors.
GROWTH RATE (TTM)
Earnings Per Share 0.000 Light Quintile Dark Quintile Light Quintile Light Quintile Light Quintile
Sales --
Dividend (MRQ) --
ETFM's EPS Growth Rate is less than 75% of its peers in the Auto & Truck Manufacturers industry.
DIVIDEND (TTM)
Dividend Yield --
Payout Ratio --
Annual Dividend 0.00
The average dividend yield for companies in the Auto & Truck Manufacturers industry is 4.41%.
OPERATING RATIOS (TTM)
Asset Turnover 0.00%
Inventory Turnover --
Receivables Turnover --
Effective Tax Rate --
These ratios give an indicator of efficiency (ability to move inventory and generate sales) within a company, particularly ones with tangible goods (i.e. automotive, computer hardware) as compared to its peers.
COMPANY OFFICERS
President Michael Hu
Secretary Bernd Schaefers
Director Mark R. Edwards
COMPANY CONTACT
Employees 287
Headquarters 3420 BUNKERHILL DRIVE
LAS VEGAS, NV 89032
Phone 702-591-6029
Fax
Web Address
http://2050motors.com
There hasn't been any returns as of yet, this screams beginning, however not end. For these reasons, I'm now 50/50. The latest promotion has got me scratching my head, and as for the Chinese can lose 20mil$, these guys don't even have $20mil to dish out
I think there's more loss on the way, a couple more dips sets this up for good news and an awesome rise. Maybe you are looking at something different, but I'm seeing more loss, which is awesome honestly, because I want to see this on Nasdaq
Most definitely
And that's where I'll buy, when it's single digits why the rush?
So what we are seeing right now is a price reduction, a correction. Like I said earlier, this needed to happen. Sell your shares, don't think I'm buying, I want in at $0.20 or less, your sold shares at whatever price will do me no good. Do not panic though, this is not panic mode, this is just a minor correction. It will come down to reality, then news will come about them starting production, then we will start a real rise. Right now take those factors into consideration. Those are the things you need to watch for. Remember do not panic. ETFM
By the way, I trade big board stocks, Berkshire type stocks, so to have me here is a blessing. ETFM will do great no matter what people say as long as they do things right.
Waiting for a price reduction is not stupid, it's actually very smart. Rifle and I are not saying this is a scam, but experience has shown me it's always best to buy a stock at a value, we both see this is not properly valued right now. So that hopefully answers anything that you were thinking about us. However, my faith stays the same, as long as this company does everything right, this will see 40$-50$. Here's the thing we need to hear and see: production plants built, production cars beginning to be built, dealerships built or contracts with exotic dealerships made, lastly we need to see the marketing. These are all important, just because they got good reviews and passed tests, doesn't put this at the value it's at right now. So let's see what happens. I'm a firm believer that ETFM will be on Nasdaq.
I'm going to wait until this price drops a bit, I think $0.20 is a good enough drop. Then ride the waves. This has the potential to ride with Tesla. I can see this at about $40-$50 if everything gets enacted the correct way. But time will tell. Ford has competition, Mercedes has competition, Ferrari has competition, Honda has competition, but Tesla has none. So keep that in mind. Have a great day
So is this even
So is this even worth investing as much as I love Saleen, I just can't believe that this is the value of it but then again we all could've seen this coming
I have read up on this Bergistein guy, sorry for the spelling. He has a couple of bankruptcies on his résumé. Whoever said that Saleen should've went on Shark tank, was correct. Honestly, this would be a nice investment, but it's going to be a waiting game until they clean up their financials. Well that's the end to my opinion.
Does anyone know or have a clue when the trial begins or even better should end? I want this back on the NYSE?
Hello everyone, I'm looking into this company definitely like what I'm seeing long term. Yes I have said it, long term. This is a stock that shouldn't be shorted it should be held with a long term vision in mind. Think of this Ford and Chevrolet are competitors, just like Honda and Toyota are competitors. But Tesla has no competitor, I believe 2050 Motors is that competitor. So I'm new to this board, glta.
Are you still in TDEY? What are your projections before any gains in PPS are realized? 2-6 months? Or less?