Roblox is not saying anything on their Twitter feed about this, no mention on their investor relations page. I want transparency before we buy back in. What percent of their forecast growth was based on China????!!!! At a price/sales ratio of 40 and a pre-tax margin of -28%..... LOL.... inquiring minds would appreciate a little light shed here!!!! Without a statement, this thing is heading back to $60 where it started when it opened, albeit the ipo price was like $45. Go figure..... just like every other overpriced ipo. Maybe Cathie W. will step in and buy a million shares.
Hey Stoney with your knowledge and Van Knowledge will be really nice if u guys start a podcast discussing the market,
Smoking! The Joint Corp. (JYNT)- Huge PT change today NasdaqCM - NasdaqCM Real Time Price. Currency in USD $85.22+5.51 (+6.92%)
SNAP IS A GO HERE I THINK VAN-- BARING MARKET CORRECTION Snap Inc. (SNAP)- I CAN'T POSSIBLY CALL THIS CORRECT A 5TH TIME CAN I??? $72.58-0.92 (-1.25%)
In this daily bar chart of DKNG, below, we can see that the $53-$48 area did not provide any support and prices continued to weaken. Buying support did not materialize until the $45-$40 area in May. Prices rebounded into June and briefly climbed above the 200-day moving average line. DKNG has since weakened. Prices are below the now declining 200-day moving average line. The daily On-Balance-Volume (OBV) line has been in a decline since the beginning of October and tells us that sellers of DKNG have been more aggressive for several months now. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line. In this weekly Japanese candlestick chart of DKNG, below, we can see a bearish picture. Prices are trading below the declining 40-week moving average line. Rallies to and above the moving average line show upper shadows as traders reject those highs. The weekly OBV line shows a decline from early March. The MACD oscillator slipped below the zero line in June for an outright sell signal. In this daily Point and Figure chart of DKNG, below, we can see that the software is projecting a potential upside price target in the $57 area. A trade at $47.59 is likely to weaken the picture.
WATCH-> Atossa Therapeutics, Inc. (ATOS) 2.9082-0.0018 (-0.0619%) As of 11:38AM EDT. I CAN HARDLY TAKE IT..- MIGHT BE TIME FOR ELMS Electric Last Mile Solutions(ELMS) We’ll start in the automotive industry – specifically, in the electric vehicle (EV) segment. EVs aren’t new, they’ve been around since automobiles were invented in the 19th century. They are on the edge of an industrial breakout now, however, due to a confluence of political pressure that favors the ‘green’ economy and improved battery technology that makes EVs practical in ways they never were before. Modern EVs can reach ordinary highway speeds, with a ranges of 100 to 300 miles, on a single charge, and while still expensive, prices are coming down, putting them in reach of the masses. Electric Last Mile, based in Troy, Michigan near to the heart of the Detroit’s historic automotive industry, is an EV company developing a customizable vehicle and boasts a 675,000 square foot assembly plant in Indiana that, at full capacity, will be able to produce 100,000 EVs annually. The company is aiming at the commercial market in urban areas, with a deliver van in pre-order now and a Class 1 commercial light truck under development. These vehicles are aimed at the ‘last mile,’ the final leg of the delivery chain in transport networks. The delivery van features a 150 mile range, sufficient for daily urban deliveries, a 171 cubic foot cargo capacity, a 2,100 pound payload, and dimensions similar to existing gasoline powered vans. In addition, the vehicle will feature wireless connectivity. The vehicle is slated for production launch later this year. ELMS started trading on the NASDAQ this past June, after completion of a SPAC merger with Forum Merger III. The transaction brought $379 million in new capital to ELMS. Electric Last Mile Solutions has caught the eye of Jefferies’ 5-star analystStephen Volkmann, who’s impressed by the company’s selection of a target market in the delivery chain. “Oddly, companies and markets have focused on electrification in the Heavy (Class 8) and Medium (Class 5-7) truck markets, despite significant range and cost challenges. In our view, the Class 1-3 ‘last mile’ market represents a much more significant opportunity for BEVs as these vehicles tend to have a relatively low level of daily mileage (50-60/day) and return to a home hub for consistent charging every evening. We estimate a TAM of over 800K veh/yr as eCommerce continues to drive higher demand for delivery vehicles, and we expect this segment to electrify fastest, driven my government incentives and corporate sustainability goals," Volkmann noted. The analyst continued, "ELMS will be the first company to address these markets, with a vehicle already at cost parity with ICE vehicles and lower total cost of ownership. Assuming ELMS can successfully launch its vehicles as planned, we believe it can likely sell out its production for the next several years.” To this end, Volkmann rates ELMS a Buy along with an $18 price target. The analyst, therefore, expects the stock to climb ~116% over the coming months. The unanimous Strong Buy consensus rating on ELMS is based on 5 reviews since the stock entered the public markets. Shares are currently priced at $8.30 each, and their $15.40 average price target suggests a one-year upside potential of ~86%.
I should just do it... Analyst Gregory Lewis says the key to ELMS' success will be the successful re-tooling and start-up of its facility in Indiana and its ability to leverage a strategic relationship with Wuling Motors. Lewis and team also point to the ability for Electric Mile to deliver a cost-competitive battery electric vehicle as the company looks to carve out a slice of the roughly 500K annual U.S. delivery van market. For its part, ELMS is targeting ~35K vehicles in 2023. BTIG assigns a price target of $15 based on ELMS' 2023 sales target of 35K vehicles and estimated 2023 revenue of $1.2B.
Hummmm dated July 29 @ $9.62 I think new shares to come to market. Electric Last Mile Solutions, Inc. (ELMS) - FORM S-1/A | Securities Registration Statement- Van take a look see for me... That's above the price we may rally!
Stoney!!!!!!! Your 2021 New Years prediction.... what happened? It's $10 Btw... SNAP closed at $50 on New Years Eve A bold 50% call come true! How's Van do it?!!!