Sure, we all want meat on our bones and the recent NR's only gave us a ticket to wait in line for a steakhouse, but the doors will be open soon and then you'll be pleased that you reserved your spot at these discount prices.
I'm down 40% of my avg and eager for the first dealerships to open just like everyone else, but if you have a long(er) term vision then the future looks bright(er) in an incremental process.
There're several reasons why this stock is going down.
- we need intangible facts.
- traders are impatient, or expected everything to happen in a short period.
- there was a general market sell-off (sell in May and go away), and uncertainty of the direction, hence junior companies are the first to feel that pain.
- there's the temporary fear for dilution, which is exaggerated.
- last but not least, there is the obvious manipulation of MM's, shorters & bashers...
Last-mentioned are shaking the tree for cheap shares because they know that something good is coming, so don't let them scare you out of your shares!!!
This will all dissapear very fast when they announce the opening of dealerships and franchises in the first couple af days, weeks months... And the higher the SP goes, the less shares they need to dilute, so its a vicious circle either way. All they need to do is follow up on their business plan and these low prices will be history...
I understand that it is tough right now but if you're planning, or saying that you're long, (and you believe in the future), then we need to bite the bullet for a little while, and give them some time to do what they are envisioning...
In the meantime <<< GO EVCA GO >>>
AI
