Saleen Automotive, Inc. (fka SLNN)

[QuickDeal]

Stock fundamentals? Look at Dow,S&P & NASDAQ indices! They have all bubbled to all time sky high levels! Take a look at any index stock, their P/E ratio is super sky high. Amazon at one point went up to 600 P/E!

Fundamentals don't apply to SLNN or any stocks or any markets for that matter. I ditched that mentality long ago.

What I see is the potential SLNN brings. With the China news coverage of Jiangsu big significant investment, I considered this an open secret to what Steve is about to reveal in due time. To me the China news media is as official as Steve's words.

IMO the R/S is likely to be a 1000:1 so with that in mind, I bought with my eyes open. If this tank, I'll have only myself to blame for poor judgement.

GLTA! GO SALEEN!

You guys keep going back to stock fundamentals, preaching financials. Problem is, none of that applies to this stock.