Moon_Gazer16
2022-09-02

Hmmm

@drandy：
$Polestar Automotive(PSNY)$double digit drop in share price on first trading day of Sep 2022. The main reason for investors selling off is the wider than expected losses contributed by operating costs. This was despite increases in YoY revenue and PSNY maintaining it's on track to meeting its 50k deliveries by the end of 2022. While my heart dropped along with yesterday's PSNY stock price drop, the current price makes PSNY dirt cheap and I'm looking to add a bit more to my position. Some investors may question PSNY's CEO for making an ill-timed announcement but I like his honesty more than I do LCID's CEO ($Lucid Group Inc(LCID)$) who has a habit of hiding the truth using cryptic language. This is NOT financial advice. Please do your own DD before investing your own money, especially in today's macroeconomic environment.
$Polestar Automotive(PSNY)$double digit drop in share price on first trading day of Sep 2022. The main reason for investors selling off is the wider than expected losses contributed by operating costs. This was despite increases in YoY revenue and PSNY maintaining it's on track to meeting its 50k deliveries by the end of 2022. While my heart dropped along with yesterday's PSNY stock price drop, the current price makes PSNY dirt cheap and I'm looking to add a bit more to my position. Some investors may question PSNY's CEO for making an ill-timed announcement but I like his honesty more than I do LCID's CEO ($Lucid Group Inc(LCID)$) who has a habit of hiding the truth using cryptic language. This is NOT financial advice. Please do your own DD before investing your own money, especially in today's macroeconomic environment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet