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jfk

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jfk

Re: NYC_JimBob post# 30

Monday, 10/29/2018 10:02:45 PM

Monday, October 29, 2018 10:02:45 PM

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Their acquisition is a dog. The market knows it will require lots of capital to get it right. They already are losing huge with their motorcycle business. Add in huge investment in the auto portion, and they will need to do a raise by end of Q1 to give them funding to clear Q2. This is now at $5. Will be at $3. Massive dilution by Q1 2019. Stay away until the smoke clears. Interesting play AFTER they are about to clear their financial hurdles....not as the bar gets raised higher and higher.
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