Trending Assets
Top investors this month
Trending Assets
Top investors this month
Here's my reason for investing.
this
image

Jk lol, the car is great but this company is a little risky.

Quantitively not looking great, EPS to possibly make a positive turn next Q.
Quick Ratio: 0.5
Forward P/E: 1.8
ROE: 532% (being so high may not be good, unsure)
They had a pretty bad surprise on earnings last Q, hoping for the best this time.

I have been trying to analyze my own stocks and find healthy companies. these are a few of the things I look for.
Many Ratios and stuff do not apply to these newer companies though. As they are barely taking off. So it is hard to judge and come to a conclusion. Which makes it riskier imo.

Need to look further into the leadership and other fundamentals of this company but couldn't let the low price slip away, I had already been looking into buying it.

One day they could be Teslas competition. If not, well there goes my 13 dollars, no biggie.

One last opinion, remember when WW2 ended and there was a baby boom? I certainly don't I wasn't alive, but let's just say the past couple years haven't been the best, and I think once the world is back to normal we're all gonna want to have some fun. Covid, supply chains, national sanctions on supplies, and war. What will the world be like once we solve our current issues?

Nick Garcia's avatar
$11.3MFollowers
Related
Already have an account?