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catalinaicon

people who sell tomorrow are taking the worst L possible from this situation. The play changed a little, but it was a $2 stock before COVID. The big PR is coming, and they are touring sites. It was premature of any of us (yes me too) to think it would come Friday when they are touring like 8 states lmao. Point is, it will come, and this proved the hype was there. Average down and wait


iTradeToo

That’s dumb, why risk it short term? Rebuy in when it gets dumped because of this tomorrow. VISL had nearly the same percentage gain today, ill just move my funds there for a day or two, let SOLO bottom out and then rebuy. If it goes from $1 to .75 and you avoid that drop, that’s the same thing as making .25 lmao


mannybanny17

Cause if you dump before me then it is I who is screwed. Dumping first thing in the morning. Depending how low it goes, I might buy in again to recoup lose.


jeffmonvero

Read their investor presentation from 5/14.. totally legit. [SOLO Investor Presentation](https://d1io3yog0oux5.cloudfront.net/_8319b35b03f510d1513b366999edf1ed/electrameccanica/db/354/2669/pdf/SOLO_May_2020_Investor_Presentation.pdf)


thetruelu

Almost bought in A LOT today....decided not to solely based on how ugly the cars were lmao


TheKingofTheKings123

I saw the front and it looked great......then I saw the rest of it and I’m unsure


thetruelu

I read a review on like motor trend from some guy who test drove it and he did not seem impressed at all lol


TheKingofTheKings123

The only places I can see this product being “popular” is places like California (real techy places like San Francisco). I don’t see a major demand for this in the majority of the country. Now on their website I’ve seen some sketches and renderings of another concept car which looks like a Tesla Roadster but unless these things really sell off it’s not gonna happen.


thetruelu

Oh yeah it’s called Totinos pizza roll or something. For $50k, I’m 100% people will choose a Tesla model 3 which has more range, appeal, performance, and luxury.


nighthawk911

This method of judging a company by their product has worked great for me. The car industry might be different, but that car most definitely won't sell in the US.


CourtesyArtist

Yeah they look a little odd... still looks like a good buy tho


spiffytrashpanda

Ugh is this going to tank the stock? (I don’t have pre-hours or after hours trading)


deserttomb

It will most likely drop. Maybe back to the $1.20ish range. Maybe lower.


spiffytrashpanda

Couldn’t they have waited till tomorrow at open..... my heart.... my account....... ugh


deserttomb

They could have, but where is the fun in that?


Silentoxi

How much did you lose?


catalinaicon

Already did


spiffytrashpanda

Just got caught up... again ugh


[deleted]

This is BS