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Re: None

Monday, 03/14/2022 8:36:49 AM

Monday, March 14, 2022 8:36:49 AM

Post# of 462
There's speculation over at Stocktwits by a few folks about the possibility of ELMS being bought out by a bigger company that would be able to buy at firesale prices a co. fairly close to production with two viable EV vehicles. That may happen but i'm not betting on it, i.e., i'm not buying shares down here....

Now, what would inspire confidence in the stock and lead me to pick up some shares would be if an investor(s) came in with the big funds to guarantee ELMS could survive and maybe flourish over the coming years.

But such funds will mean serious dilution, so the old EPS figures projected by the analysts for 2023-2025 would need to be probably cut in half.