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Re: Kgeo post# 2998

Thursday, 10/26/2023 8:31:09 PM

Thursday, October 26, 2023 8:31:09 PM

Post# of 5407
I saw that ! Cramer even called Fisker a charity a few weeks back . Cramer did say that he likes the Ocean EV. I believe this goes back when Fisker filed for BK back in 2013 because the demand for the lithium batteries the supplier went BK and forced Fisker to go BK . I believe that Henrik Fisker CEO learned from the past but Wallstreet still wants Fisker to prove that he can run a profitable business. Another thing to take into consideration is the annual production rate has been missed from 40k in 2023 to 21k and the PPS is suffering because of this and the CEO needs to outperform the market in every quarter if he wants to see a short squeeze. IMO
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