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Windbag1014

01/28/21 10:46 AM

#506 RE: KR_uk #505

The whole carbon fiber and layering in a cross hatch pattern sounds like great ways to get to strong and light. It would seem they are selling the material as well. I think I saw over $3,500 a cubic yard (only in America is it not cubic meter, come on America, METRIC SYSTEM). I was a teenager and pretty stoned but I seem to remember somethin called plasteel in the Dune books by Frank Herbert. As I recall, it was a weave of plastic and steel that might even have been manufactured in layers like a 3D printer. Super light, super strong. Totally fantasy back then.

Projections for revenue look pretty good. I am seeing projections of $71.9 million in 2021 and $157.8 million in 2022. The analysts have been way off in the past so could be way off. Either way, I bought a tiny bit on the promise of the materials used. This is another one that could be way over its skis. It's up over 35% YTD and 130% from last year. That seems to be a pattern for ARK stocks. Thanks for the heads up.