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TenKay

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TenKay

Re: double_m post# 70424

Wednesday, 02/14/2024 12:33:16 PM

Wednesday, February 14, 2024 12:33:16 PM

Post# of 71227
Michery is going to have to raise $150-$200 million this year at the cash burn rate he is at. Nobody is buying the vehicles and he can only move so much of his inventory onto a Randy Marion lot to sit.

And the next $200 million is going to be A LOT more difficult and costly to raise than the first $200 million.

The chances of this thing imploding this calendar year are going up.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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