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My understanding is that the Quebec show is always the bigger show from a dealer's point of view. DSGT needs 15-50 strong dealers who will eac order 10-20 EVs for their showrooms. Customers can then buy off the lot.
This is where the growth will come from. C. Dubois knows a large number of dealers who will qualify.
Tomorrow the Quebec City Auto show stars.it is a large show than Montreal
We could get quite a few orders
The way I read this financing, Laster, is that as long as they pay TigerTrour back by Dec 31st, they will have borrowed $2 million for 9%.
Depends on where Skywell is in their production process. At the early stages, like now, you are probably right (look at the lag over at Tesla). However, as production ramps up, it goes toward one month.
But, once the dealer network is setup, a person will get a car right off the lot.
So, early stage is different from mature stage.
Yes, indeed we got a “dumper” who was willing to sell 10k of shares at $.26/share. Weak hands just provided a trader a $.01/share gain (or more), or a longer term buyer just got 10k more shares at a reasonable price.
This slow trading pattern we are seeing provides us with very little information.
If you look at a 1 year chart, you will see that last years big run up started from just this level (after coming off the August-Sept lows). W could star the next leg upward any day now. What will be the trigger? Will it be an endorsement of the SEV? Or the endorsement of the 12 meter bus? Rex is working fiendishly in the background. He has assembly responsibility and orders in his area of responsibility.
Watch the stock closely here. Sellers are “bit players” at this juncture. DSGT is also adding new vehicles to the mix.
The Quebec City auto show starts this Friday. It’s much bigger than the Montreal show. So, they will get more exposure and way more orders.
I would think someone would want to own DSGT before the mkt closes today?
Results from the Show?
Wow! Half the volume has been short each day! That is now reversing as the Buy volume picks up. I wonder why, lol. Could this turn into a mini GME?
You neglect to point out that subsequent filings have stated that no R/S is imminent or even intended.
The stock will not drop 50% during the R/S IF DSGT is selling cars at the time!
I think management has this figured out. Instead, the stock may go up throughout the process.
When Christian D. starts selling cars, DSGT’s stock price will be unstoppable on its way past $1/share.
It is amazing how the negative comments stop as soon as the stock goes up. Clearly a group of paid amateurs.
Thanks for the heads-up. Christian will sell cars and Rex will sell buses
True, money. All they have todo is start selling the ET5.
The car is a homerun. As it gets reviews and buyers, the stock will levitate all by itself. Then he will do a reverse split. Maybe at $1?
Bob has other people to inform and discipline him this time. If he dilutes the stock significantly, he will lose all three of his recent car people.
So, the game has changed here. You guys are living in the past
L, I am betting that we won't see a reverse split until the stock rises all by itself to $.50-.60/share.
We shall see who is right on this one! Good luck!
Gitzstv, I know of several people who, during this latest low volume period have acquired 150k to 250k shares, either added to their position or initiated new positions.
So, this is going on while others are either shorting or liquidating. It's a mixed bag here.
Risk reward is now pretty attractive. Good luck to all who believe the cars and buses will sell. This is the long game.
I don’t know about anyone else’s opinion but when I saw the video with Christian Dubois showing us the ET5, I saw a professional salesman pointing out the outstanding features of the SUV ET5. It passed his inspection and then some. It seems that DSGT/Imperium has a “home run” with this vehicle. If investors don’t load up here, as soon as the homologation signature is received (and it already passed muster in Europe), this car is going to fly off the lots. No question.
In addition, you can see the Bus sales path. Imperium has the rights to an enormously profitable Bus line that Bill Rex will be able to easily sell. In addition, the B class chassis they will use for all kinds of trucks, vans, and motor homes gives them a very long glide path.
IMHO DSGT stock will climb into the $1-2 range pretty easily once the sales ramp starts climbing.
Good luck to those who can see this incredible long term opportunity. I may find myself holding this stock for several years as it climbs a lot higher than $2/share. The vast array of product is falling into place. Wow!!
The trading action is changing! The Bid is getting much stronger while the Ask is diminishing in size. Market makers are very sensitive to the change in tone. We must be getting close to something good! Good luck longs!
Today’s video of the ET5 shows the incredible attention to detail the Skyworth CEO sees in his new car.
Agree Laster! The chart is unequivocally saying sell. Until it doesn’t. That could be Monday!
The truth is: we don’t know how low it will go or when (or if) it will ever go up!
But, iF they start selling cars, vans, trucks, or buses, it will be worth a LOT more than today’s price.
As they say, “you pays your money, and you takes your chances.”
You presumably are still short. I continue to buy.
So far, you have been right! Congrats!
No it doesn’t. I replied to you out of convenience. I didn’t want to respond to Gltslv or Laster because they are always negative. Gltslv seems to have had a very bad experience with Bob S. In 2019 when he destroyed the stock w a R/S. Can’t Blame him for being pissed off. But I argue that this new EV setup is a different gig. Sorry if I offended you.
I don’t know about anyone else’s opinion but when I saw the video with Christian Dubois showing us the ET5, I saw a professional salesman pointing out the outstanding features of the SUV ET5. It passed his inspection and then some. It seems that DSGT/Imperium has a “home run” with this vehicle. If investors don’t load up here, as soon as the homologation signature is received (and it already passed muster in Europe), this car is going to fly off the lots. No question.
In addition, you can see the Bus sales path. Imperium has the rights to an enormously profitable Bus line that Bill Rex will be able to easily sell. In addition, the B class chassis they will use for all kinds of trucks, vans, and motor homes gives them a very long glide path.
IMHO DSGT stock will climb into the $1-2 range pretty easily once the sales ramp starts climbing.
Good luck to those who can see this incredible long term opportunity. I may find myself holding this stock for several years as it climbs a lot higher than $2/share. The vast array of product is falling into place. Wow!!
Today's PR shows that they are much closer to selling. One item was the financing of the vehicles. The name change shows the legal ownership will be Skyworth in some cases and Skywell/Imperium in others. This legal stuff is necessary prior to shipments. The Homologation of the ET5 still seems to be held up by the government signature. But that should happen any day.
What I see is they have plans for an even wider quantity of vehicles. That's good. Some will be specialized for fleets. I believe they will also be selling Cargo Vans.
This latest acquisition makes a lot of sense! It will raise their cash flow and make the trade-in business possible.
There are always two sides of a coin. Some choose to live in the past; others look forward to the future.
There should be no doubt that DSGT is building a unique new company with lots of potential.
We should all welcome the potential of getting some unique opportunities in car buying. Why try to snuff out something that could be good for all of us?
I place my bet on DSGT’s ability to provide us with new products and I look forward to the opportunity to buy an ET5.
This is a great hire! Talking w Rick a while back I pointed out to him that he was being asked to “do everything”. He agreed. Setting up this company has been a full time job. Now with Christian aboard, we can expect some sales action!!
G, no guarantee that the R/S happens anytime soon. And at what ratio and price are still up in the air. The filing was just that, an amendment to the first filing. No guarantees regarding the quantities
The May 14th PR on the company’s website only states that the contract will be awarded sometime in June. There is no mention of June 9th or the 18th. Just “in June”
I got confused because the dates given in the same press release for the Open House are June 18th-19th.
It would be super bullish if the stock closed at or above $.25/share
Why? Didn't they postpone the BUS announcement until the 18th?
Agree! A Bus contract of that size takes the perception of the company to a new realm
Love to see if it can close above $.25/share today. I added 100,000 shares a week ago at $.19/ share and felt then and now that the stock has most likely bottomed. Sales soon or a a Bus contract would seal the deal.
Some people who have been watching from the sidelines are noticing that sales might be starting soon. A Bus contract would do it, since we know that DSGT has a much more open lane there.
We should hit Bob on the has. He is not a finance guy. He needs expert advice.
IMHO, no R/S anytime soon. It wouldn’t help to do so until they show sales (which are just around the corner)
I bought another 50k shares today, most at $.19 and some at $.20.
This stock is cheap here. I expect at least a 2X and most likely 3X
Hey there Glz! I picked up 50k more shares today. The liquidation value of the company is now greater than the market value. As soon as one SUV sells (many are already presold), or one RV or one Bus or one Urbee or a 100 block of bikes sells, the stock will double from here.
You guys are treading on explosive ground IMHO. Good luck!
That new Bus sure looks professional
I don’t need to. I can see trades below $.30/share today while that AON still sits there.
And, I am not a seller here. I own a lot of shares at and below this price. Stock will eventually go much higher.
The idiots here are those who can’t see what is going to be a very large company before the year is out.
Huge orders are sometimes placed as “All or None-AON”.
That would explain why sellers can trade below that order for 20-30k shares.
Not if you were the winner of the Rumble bike!
Tomorrow’s webinar will be better for the stock