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Wednesday, September 02, 2020 12:01:36 PM
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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