It's RARE to ACQUIRE an IPO @~65% DISCOUNT off it's initial entry,... & where it was bought FOR MONTHS thereafter (since their IPO in late 2016).
POLA was selling from [color=green~$7 to nearly $12[/color] from December 2016 through April 2017.
With a relatively tiny O/S @ ~10mm & the world needing energy & power in every corner; POLA having already earned the attention of many early investors.
And a REVIEW of the short-interest pressuring the stock was hard to ignore. When, AROUND Feb 2018, short interest had INCREASED, & was then running WELL OVER 200,000 shares (while the price was in the low $4's), POLA had become an irresistible buy imv. Especially as their bright revenue picture, affiliations, clients, & market conditions suggested there's MORE REVENUE GROWTH up ahead.
It is a VERY DIFFICULT thing to "time the market". But those who had THE MOST thorough analytics, RESEARCH, access, & info on POLA (IPO insiders, buyers, market participants, etc), armed with the HIGHEST AMOUNT of insider knowledge, were clearly VALUING POLA at nearly DOUBLE where we are now. And they did it for almost 1/2 a year before the short interest took over to drive the price down.
RECENTLY, when shorts once again INCREASED their position in an ATTEMPT to pressure the 20EMA (from ~$5.80 to ~$6.10) & eventually the 50DMA they overstepped, (and I ADDED) & NOW they MUST PAY!!!
POLA has a teeny tiny O/S @ 10mm & if IPO insiders thought they saw VALUE @ $11.+ from 2016 into 2017, as POLA was just establishing their market, then I KNOW they saw FUTURE VALUE...Otherwise, they would NOT have bought. And so this is a low-downside-risk HIGH-UPSIDE-REWARD stock imv that is STILL SELLING well-below the level of the INSIDERS from only a year or so ago!
Rare indeed to have this opportunity imv. And as the RSI creeps into the 70 range it looks like there are more gains ahead as EACH successive Q seems poised to improve over the previous, & yearly, q-o-q numbers for POLA.
POLA earnings call TRANSCRIPT:
https://seekingalpha.com/article/4173995-polar-powers-pola-ceo-arthur-sams-q1-2018-results-earnings-call-transcript
$POLA
Recent POLA News
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 09/20/2024 09:21:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:10:13 PM
- Polar Power Reports Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/14/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 08:05:19 PM
- Polar Power Appoints Michael Field as Independent Director and Compensation Committee Chair • GlobeNewswire Inc. • 07/30/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 10:10:20 AM
- Polar Power Announces Preliminary Second Quarter 2024 Corporate and Financial Update • GlobeNewswire Inc. • 07/11/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 10:30:26 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:48 PM
- Polar Power Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/15/2024 08:10:00 PM
- Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results • GlobeNewswire Inc. • 04/01/2024 08:10:00 PM
- Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024 • GlobeNewswire Inc. • 03/12/2024 12:01:00 PM
- Polar Power to Participate in 36th Annual Roth Conference March 17-19, 2024 • GlobeNewswire Inc. • 03/07/2024 07:49:00 PM
- Polar Power Announces $2.9 Million in New Bookings During January 2024 • GlobeNewswire Inc. • 02/20/2024 01:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:10:57 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/05/2024 05:15:30 AM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 01/26/2024 02:20:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2024 09:30:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 10:00:27 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 12/20/2023 05:23:04 PM
- United Nations High Commissioner for Refugees Awards Polar Power Initial Contract to Assure Uninterrupted Quality Electric Power for African Offices • GlobeNewswire Inc. • 12/20/2023 01:01:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 12/06/2023 09:30:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 10:17:25 PM
- Polar Power, Inc. Announces Closing of Public Offering • GlobeNewswire Inc. • 12/05/2023 10:15:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/01/2023 09:12:11 PM
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