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jour_trader

03/18/20 9:41 AM

#14681 RE: Luckysevens #14680

Couple other facts that shouldn’t be ignored:

1) Oil is at record lows. When oil is at high prices, consumers see need to differentiate to EV or hybrids, not when price is going to be at record lows for the foreseeable future. EV becomes out of sight/out of mind.

2) Markets are in “flight to safety” mode that does not include shifts to risky new company formations.