$U Power(UCAR)$ 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/
Comments
Sellers have dried up. Any hint of volume and UCAR goes on another run. Accumulating.
UCAR is being delisted because of insider trading and stock manipulation.never to be listed again on any American exchange
UCAR just served with noncompliance notification and it’s all over kiss your money goodbye