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Alias Born | 08/15/2016 |
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Monday, May 23, 2022 9:06:13 PM
“I believe Rivian went from over $150 pps to $20 in short order because of Lordtown Motors patented In Hub Motors together with Foxconn becoming a now partner with many more EV's to showcase and beyond. This may just become the largest JV of all time.”
I’ll be honest and again not trying to burst your bubble since it’s low enough where a good TRADE should happen via bounce but the old executives sold off pretty much everything and that press doesn’t bode well as it shows that the old executives do not have faith in what’s transpiring. Let’s say you were the old CEO and you had just gotten your severance package via shares…even if you got axed, it would have made sense to keep the shares or Atleast half for down the road if the company was heading in a proper direction or a direction that would be considered worthy enough to hang on as those shares, from your perspective, are worth way more than what the old CEO thought. But alas, they bailed…that’s another concern of mine.
You cant have my signature....it's priceless
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