Electric Last Mile Solutions Inc (ELMSQ)

[worthylion]

Should have followed this board earlier as am knee deep in ELMS as I keep averaging down and now at a cost of 8.56. Was briefly green for the first time a few days ago. The short interest has climbed in 30 days from 500,000 to over 2 million shares which I think accounts for many of the recent daily price collapses. I would be very nervous shorting ELMS at $8 with these Reddit raiders poised to strike at any moment. I guess they figure ELMS either won't execute production because of supply chain issues or won't get orders. They could certainly stumble near term but have plenty of liquidity to get things on track. Looking at the multi billion valuations of other EV players, this seems like a great candidate for a 5-10x gain from here over the next 2-3 years.