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I'm buying down here, and this is why.

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BiotechValues   Wednesday, 09/02/20 12:01:36 PM
Re: None
Post # of 16800 
I'm buying down here, and this is why.

1. If they end up with the $100M financing (which seems a pretty sure thing), the stock will take off. Today's selloff was from people expecting news with more of a definitive statement on the financing.

2. The REvolt isn't on some drawing board like so many EV companies with $1B +++ valuations have. It's already taking orders @ https://www.revoltmotors.com/

And here is the bike in real life:


3. Saying the market in India for an electric bike like the Revolt is huge would be an understatement. Ever been to India? I have- and cars are an infrequent option for most.

I've been successfully buying SPACs for some time now-(DPHC, FMCI, LCA, SHLL, DKNG, etc.) and while I'm not usually a penny stock player, I think these guys are on to something, and I'm in with a modest position and will add as time goes by.

Expecting them to announce fleet sales by the end of month, as they've suggested in a previous pr.

Bears- don't even respond- I don't give a fuck what you've got to say.

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