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Tuesday, August 30, 2022 2:27:24 PM
The real hammer on economy is coming from Fed, and we could see a bunch of EV plays go under due to massive amounts debt they are taking on.
I rather see ELEK get rental stuff going and show some revenues, and maybe cookie cut that to other cities.....then swing focus on more bigger exciting stuff like battery technology, etc.
There are no toxic notes blowing out dilution like i'm seeing with other EV's and penny stocks. Does seem to be some market makers shorting here, but with Tesla cars being delivered get rental operations going first.
Sometimes you drive and don't make a touchdown so put go for field goal and get some points on the board. Least that's my opinion.
Waiting to see break over .18, but right now market is back in bear market mode so we shall see.
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