GEN KEY order with NEW Auto Maker. Key word here is NEW, and its not TESLA. HONDA is not new.. ZAAP is new.....So hmmm, can you think of any NEW start up car makers other than ZAAP? I actually would be impressed of it is a Company like ZAAP offering affordable commuter cars. maybe not for the US market, but China..
Quote from Conf call,. and over the last day(s) and yesterday, we received our first GenKey order from a new auto manufacturing company. In the coming weeks we will provide an update about this (inaudible) after discussions with the customer’s marketing department.
Again it could be weeks before this NEWS announcement comes as pointed out in the conference call. Meanwhile PPS is tanking back to realistic levels .
I stick by my price targets of $5.50 and $4.50 for this week. I am Holding PUTS. ready to go long on calls After Wednesday.. A lot of Weak hands from short term traders on Margin and stoploss orders will be shaken out this week. Market Makers love this shake out..
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