Globalrisk.fund
2023-05-26

$U Power(UCAR)$  They launched on Nasdaq with a hiss and a roar last month. They went from 6 dollars to 75 dollars in a few hours, and then crashed like a missile launch gone very wrong. They ended today trading at 3.50 a share. The float was very low, and they have been bound by the official quiet period for new listings. Next Tuesday the quiet period ends. They focus on car battery swapping , and have some great ideas, but are still very much a startup. With a low amount of shares on float , combined with the fact they can soon provide research reports and updates on what they do, they have the potential to be subject to a lot more interest from speculators. I believe they could potentially be the next squeeze if they come up with some good news . It's a risky investment, like most EV startup's, but the upside could be very rewarding if they can come up with some new partnerships. 

https://globalrisk.fund/2023/05/26/u-power-going-to-100-usd-long-term/

What is Ucar worth ?(Maximum1 votes)
  • Less than 4$(4 votes)
  • More than 10$(7 votes)
  • Buy Tesla instead(1 votes)
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Comments

  • jingli
    2023-05-27
    jingli

    Sellers have dried up. Any hint of volume and UCAR goes on another run. Accumulating.

  • ColinThorndike
    2023-05-27
    ColinThorndike

    UCAR is being delisted because of insider trading and stock manipulation.never to be listed again on any American exchange

  • mizzle
    2023-05-27
    mizzle

    UCAR just served with noncompliance notification and it’s all over kiss your money goodbye

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