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At the 5:50 mark the CEO says they expect 4% of the 48 billion market by 2024 which will be over 1 Billion in Revenue.
Sometime soon this stock will start running and running fast.
You can buy Rockley Warrants for .98. RKLY.WS. The price has to hit 11.50 by Aug of 2026 and you get 1 share for every warrant. I think that is a pretty good bet.
1st Quarter earnings release April 27th. Much sooner than I expected .
https://investors.rockleyphotonics.com/news/news-details/2022/Rockley-Photonics-Announces-Date-of-First-Quarter-2022-Financial-Results-Release/default.aspx
Institutions are the ones that move the stock unless it is a meme stock where there are tons of retail investors. Those type of posts might work on an OTC board where there are no institutions. But complete waste of time on a higher exchange board. You are not going to scare Morgan Stanley out of their 316,000 shares. Trying to scare a retail investor isn't going to do anything.
NO PROOF FROM ANYTHING IN THIS POST. SIMPLY NOT TRUE
YOU CAN'T GO BANKRUPT IF YOU HAVE ZERO DEBT. LOL
Not a pump. It's a material event that has to be PR'd
I guess an announcement of a new director would be considered a pump to you too.
Yep. The Nasdaq is down almost 400 points. This was going to be red no matter what.
I think it's funny that they claim all these people that Mullen dealt with committed fraud and went to jail. Blah Blah Blah, but Mullen never did. Think about that.
They also claim they talk to a senior executive but don't mention a name. Why not? Because it's B.S. They talked to no one. Completely made up .
How can he be spot on if people still have to find out? LOL.
You can't be spot on if it still has to be proven. LOL.
Wow. LMAO.
Someone that writes a hit piece means nothing. They did it for personal gain. This isn't the first one I have seen. They love to feast on companies that have huge gains that aren't turning a profit.
It certainly doesn't prove anything.
We will see if that van deal gets announced shortly. The company's word has a lot more weight than a garbage write up.
These crooky people love to write hit pieces on companies that ran big and aren't generating a profit. Nothing new. I have seen it many times before.
They wrote one on lightwave Logic and dropped the stock to the 6's and then it still ran off to 20.00 after.
The best thing the CEO can do is stay silent. No need to respond to the trash. Just deliver the goods. That's all he needs to do .
Told me What? You didn't tell me anything.
advertising isn't the problem. they did 57% revenue growth year over year. The problem is they lost more money with more sales. This company needs to figure out how to stop losing more money with more revenue. Maybe too much for Shaq to figure out.
I am just now looking into this company. I don't know if it's a POS or not.
Found something else that says they have 250 Million in cash and no debt and Audited financial results will come out this month. There is supposed to be a conference call this month too. So we will see what happens.
Frankly to me that is meaningless due to the size of the ramp up they are talking about. I mean if they say they are going to do 72000 vehicles and only do 1000, the stock is going into the toilet bowl no matter what it's worth.
It's hard to put a valuation on a company without knowing sales. I mean if they hit 72,000 vehicles for 2.2 billion next year(which I got from the video I just watched), then obviously the stock isn't going to be sitting at 1/2 billion marketcap. It would be at least 5 Billion+.
Management needs to prove credibility to do a proper valuation.
Do you by chance know what the back log is? I don't see a 10-Q yet to look it up.
Interesting that Morgan Stanley increased their position in this as of 12/31/2021. 316,000 shares isn't a lot for them, but they must believe something about this company to put in a Million or so.
That's not why the stock isn't moving.
I am not sure anybody believes they are going to sell 21,000 vehicles this year with 500 Million in Revenue. That makes it easy to short. The proof is in the pudding. If it happens then obviously this will blast off like a rocketship on steroids.
Advertise with what money? LOL. They have 3 Million in cash.
Now you know you are talking apples and oranges. Come on Now.
It's not fluff. It's something they have to PR. Yes, he was already an employee so it was not going to be a stock mover.
I know this only matters to the penny flippers because when they announce the van deliveries, this is completely a non issue.
You must be trading on margin. This is a no brainer to hold until 2024 and make 50 to 100 times your money.
Looks like it's going to run now.
What happened to .50? Higher highs, higher lows?
Well it's pretty obvious they have more than 65 Million in cash whether you want to believe it or not.
You should listen to the CEO. Not a smart idea to lie about something like that.
Have you seen the increase in cash?
The other option is if the stock races to 20.00 or more, they can do a forward 2 for 1 stock split and the authorized shares would automatically increase to a Billion.
I am not saying authorized shares won't increase. But there still has to be a meeting where everybody votes. That's going to take awhile. If the stock is over 10.00, the company can raise 100 Million on just 10 Million shares. They can do a shelf and not convertible debt.
I am not the rookie. LOL. Look in the mirror.
What you don't understand is they only have 500 Million Authorized shares. They can't dilute to 3 Billion. There would have to be a shareholder vote to increase authorized shares. Do you even understand that?
What's funny though is you are saying these toxic lenders are going to bring the price down, but you know what price they are going to stop. 1.40. LOL
Give it up already.
The problem is there is no panic. You can't drive the price lower with this much volume. That's why the stock is going up. Even while they dilute, the stock still is rising.
With so many shorts, the squeeze is more likely to happen.
Yep, and Amazingly the stock still went up. That's because even with the dilution, the stock is still too cheap. It also cleaned up the balance sheet.
The Selling Stockholders may sell all, some or none of their shares in this offering. See “Plan of Distribution.”
Why are they buying so much when the CEO is a crook and a scam? Obviously the posters on this board know more than they do. LMAO.
We shall see. At that time it was at 1.50, there was no update on the van deliveries, and nothing about 65 Million in cash. Now if they continue to dilute it might, but they can't possibly have that many shares left to dilute. They only have 500 Million authorized shares and would have to hold a meeting and vote to increase authorized shares.
Fundamentals will always beat out technicals.
Mullen will more than likely get bought out to a company that wants the battery. I see this as a bigtime buyout play