Meat__Head

Meat__Head t1_jaeefjg wrote

I look for little things like recent website traffic numbers (if their website has been getting more or less visits over time), I check their FB pages and read through the comments to get an idea of customer sentiment. I basically just do my own research on the company. I look at past price movements and I read previous earnings reports. Im thinking Charge Point may be my next play.

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Meat__Head t1_jaasgvp wrote

Rivian has bled a lot lately. But when you go to their Facebook page, they are manufacturing 24/7, as hard as they can go to meet their production goal. And I live in small city like 7 states away from their manufacturing plant, yet I see their trucks on the roadways more and more over the past several months. There is obviously a demand for these trucks and I'm thinking that their earnings may be bullish as well. And with Ford retaining a 12% stake in them and Amazon owning 27%, they have some strong companies believing in them.

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Meat__Head t1_j6pgeh1 wrote

People selling to lock profit and then they will choose to rent instead of buy, while the new owners are underwater and will eventually go into foreclosure due to not being able to afford the payments. Then the people renting can come back and buy the dip on the housing market. It's going to take a long time but that's my guess.

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