Case Study Wallbox. Looking through some accounts I see one has some Wallbox from I guess a few threads ago Jan 19 -20 area and interestingly the stock was RIGHT HERE. Hasn't budged, flat line across no corrections, no rallies To today. If that isn't a base nothing is.
" Apple NOR Alert***" GBA DOWNGRADE TO "NEUTRAL OR WORSE" If Apple doesn't go up today it can be shorted at $177. Airbus seeking alternative titanium sources beyond Russia, Bloomberg reports 09:25 EADSY
Stock Of The Day- ATI Titanium ATI is a leading global supplier and manufacturer of titanium and titanium alloy products. We produce high strength commercially pure titanium and titanium alloy products in flat-rolled and long forms, net-shapes and components. ATI also produces commercially pure titanium and titanium alloys as near-net-shape titanium powder metals, titanium aluminides, highly-engineered titanium castings and titanium forgings, and machined titanium components. Allegheny Technologies Incorporated (ATI) 27.60+0.06(+0.24%)
I uncovered something that makes me change my mind on USAP. Originally bought to benefit from aerospace upswing but in researching today I discovered they have a titanium deal with... VSMPO-AVISMA - Wikipedia https://en.wikipedia.org› wiki › VSMPO-AVISMA VSMPOis a part of Rostec — a Russian state-owned defense company. As of February 2022,VSMPOproduced 90% oftitaniumin Russia and exported it to 50 countries ... Oh boy....
I've gone deep this am... maybe too deep.... Temas Resources Corp. (TMASF) 0.0861 <--------------- is this 86 cents or less?// It might be 8 cents in which case just use it as a case study.... Temas Resources Corp. ("Temas Resources") (CSE: TMAS) (OTCQB: TMASF) is responding to the growing global demand for Iron ore and two strategically important minerals — Titanium and Vanadium — deemed by the U.S. Department of the Interior as critical to U.S. national security and the economy. Temas Resources first and flagship properties are located in the stable, mining-friendly jurisdiction of Quebec (Canada) bordering Vermont, Maine, and New York State (U.S.) in an area known as the Grenville Geological Province. The Grenville Geological Province is home to Lac Tio, the largest solid ilmenite deposit in the world. As a mineral exploration company focused on the acquisition, exploration and development of Iron, Titanium, and Vanadium properties, Temas Resources has focused its efforts on advancing two major projects in the Grenville Geological Province area. The first, the DAB Property, is an option for 100% interest consisting of 128 contiguous mineral claims which cover 6,813.72 hectares (68.14 km²) within the Grenville Geological Province. The flagship, the La Blache Property, is 100% ownership of 48 semi-contiguous mineral claims which cover 2,653.25 hectares (26.53 km²) within the Grenville Geological Province.
Airbus seeking alternative titanium sources beyond Russia, Bloomberg reports 09:25 EADSY Airbus is seeking alternative sources of titanium beyond Russia to make sure a lack of access to the metal doesn't interfere with plans to increase production, Bloomberg's Charlotte Ryan reports. European sales chief Wouter Van Wersch said in an interview that the planned increase to a rate of 65 A320-family narrow-bodies per month by mid-2023 is the top priority of the group. Airbus currently relies on Russia for around half its supply of titanium. "We are looking into it very closely to see how we can ensure it doesn't impact our supply chain and our ramp-up," Van Wersch said on the sidelines of the Airlines for Europe meeting in Brussels. "For now, there's no issue." Reference Link
Well, it started the year around $17 so it's down around 25%. These SPAC's... who knows. Is there a lock-up on these(?), because if so 4/4 is 180 days from when it first started trading. 167M shares out, 36M in the float. A $2B marketcap on $125M in sales... pffff. What I tell you when it was $17 Stoney? I'd get out if I were you. It'll be years before it see's $17 again. Fundamentals matter. Long term that is.
They make charging boxes. These things will be commoditized very soon. I think I wrote that when you were crowing about this thing at $18. Profit margins will be nil. Say they make 20% before expenses, so $50M. After expenses that number will be $10M if they're lucky. If you bought the entire company today, it would take you 200 years to recoup your investment assuming no growth. And yes they'll grow, but like I said, these things will become as common as coffee-makers or microwave ovens. Look at it like this.... if you bought every share of ASO today.... it would only take you 6 years to recoup every penny. After that you're printing money flying around on your own version of a Restoration Hardware Gulfstream. I said it at $22, at $18, and at $17... I wouldn't touch this stock Stoney. And yes... it makes for a great story stock for the likes of the reddit kids that have no clue and it can spike on low volume... but 3 years from now it'll be less than $5/share.