LogFAQs > #941750890

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TopicStock Topic 7
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07/06/20 1:44:21 PM
#308:


neonreaper posted...
Whats the story with SOLO anyway I just put money in without any thought whatsoever

All I know is they're an electric vehicle maker that has had good growth lately and electric vehicles are the fad and all. I didn't dig too hard. I know they're opening plants in Arizona and Oregon.

They did a 20 million offering at the beginning of June at $3 per share so no real risk of tanking from that for a while, if they even need one. I believe they're getting close to actually producing cars so they should have an actual profit margin soon. I'm thinking hype should carry them into the double digits though looking at what WKHS did recently. Growth pattern seems to fit. Not really a pump and dump type look with this.

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