RIVN could be interesting. One of the most active stock (Volume x price) Breaking out of the downtrend. Made higher low. Been tight. Not crazy bullish but might be the beginning of something. Not sure how they stand as a company. I don't hear a lot about their brand.
Look at the RIVN chart. It is like the heart beat approaching zero. It is dying from cancer or whatever. There were quite a few instances where the volume traded were high, but RIVN simply couldn't go up. Wait for the powerful manipulators to push the price up. Or wait for major management change.
EOS “Battery maker with 720% stock gain signs early data-centre deal Eos has a competitive advantage in manufacturing its systems in America, with 91 per cent of its supply chain U.S.-based Eos Energy Enterprises Inc., whose stock has surged more than 720% over the past year, has signed an initial pact with a large-scale developer of data centers as soaring power usage boosts demand for batteries. The company is also working to close several other memorandums of understanding with data centres, chief executive Joe Mastrangelo said. He declined to name the firms. He said agreements with data centres make up about 30 per cent of potential deals for Eos, which manufactures zinc-based batteries that connect to the grid. “Data centres’ number one cost is the power” to run their facilities, and Eos’s energy storage systems help lower costs by smoothing out fluctuations in electricity demand, Mastrangelo said in an interview at Bloomberg News headquarters in New York. “It’s something we’re pretty excited about.” Article content Article content Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m. By signing up you consent to receive the above newsletter from Postmedia Network Inc. The data centres that run artificial intelligencerequire massive amounts of electricity, and their soaring power demand has contributed in part to the rise of battery systems that help support those needs. Battery companies XL Batteries Inc. and Natron Energy Inc. have signed deals with data-centre developers. Article content As President Donald Trump imposes tariffs on a wide range of products made outside the United States, Eos has a potential competitive advantage in that it manufactures its systems near Pittsburgh and 91 per cent of its supply chain is U.S.-based. It’s planning to onshore the remaining nine per cent, an anode material currently sourced from South Korea, Mastrangelo said. Article content About 69 per cent of U.S. imports of lithium-ion batteries — which are far more prevalent than the zinc-based ones Eos makes — are from China, according to BloombergNEF. Article content Eos is currently working to expand its first production line and build a second line, funded in part by a US$303.5 million loan from the U.S. Energy Department. Mastrangelo said the company has drawn one US$68 million tranche of the loan and “conversations are progressing as normal” with the rest of the disbursement, even as the Trump administration says it won’t move forward with billions of dollars worth of Biden-era loans.” Bloomberg article on FP. https://financialpost.com/pmn/busin...h-720-stock-gain-signs-early-data-center-deal
100 June SPCE calls. Stock was $4.3/.70 on buys. Ect… “ $0.84 Quantity 25 Filled 25 Time in force Day Status Fully executed Channel Online Order number KA3E Order time/date 10:38 AM ET 05 open Order type Limit $0.82 Quantity 15 Filled 15 Time in force Day Status Fully executed Channel Online Order number WA4 Order time/date 10:54 AM ET 05