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Tiger Money

01/05/23 9:48 AM

#2238 RE: JMMatthews #2233

This needs stickied

Drugdoctor

01/08/23 12:08 PM

#2692 RE: JMMatthews #2233

$REII's-EV-tech-&-Hydrogen-Fuel-Cell-market-valued-in-tens-of-$BILLIONS.

So I went to Yahoo Finance and looked at market cap and outstanding shares of some of the companies in the sector and see just how undervalued $REII is - even if you assume all the shares in the preferred would eventually be converted to commons but still held by insiders.

https://finance.yahoo.com/quote/RIVN/key-statistics?p=RIVN

RIVN Market Cap (intraday) 15.25B - Shares Outstanding 883.4M
LCID Market Cap (intraday) 11.43B - Shares Outstanding 1.83B
PWR Market Cap (intraday) 20.09B - Shares Outstanding 142.9M
PLUG Market Cap (intraday) 7.58B - Shares Outstanding 582.9M

And I could continue posting these numbers, but I believe rational investors get the idea, that $REII's market cap could easily support a valuation in the $BILLIONS as it begins to roll out its products, and that valuation could be assigned by the markets before the company begins to become profitable, as in the above examples!
Bullish
Bullish