5/13/24 - $hyzn - tough own without any real catalyst
5/13/24 - vrockstar - hard to own
HYZN
, period. i love the idea, think the tech could be deployed so many places, but with >$100 mm in the bank and burning >$100 mm a year, the risk reward isn't justified until they put up a good print and really speak to what the F they're spending >$100 mm on SG&A for. I get the $40 mm R&D budget, but also one could argue these should be REVERSED until they get some obvious sales traction *then* to hire the sales staff. The prior quarter also had me wondering if i had finally "missed" the boat with the whiff on revenue only to see a retrace and pop higher. i stayed on the sidelines and now entering this Q I have even more negative thoughts after seeing that price action - any bid here probably sees an oppty for holders to DUMP and UNLESS there's something fundamentally changed. Realistically, this sort of tech is probably worst suited for commercial wins/ trials + buyout in this rates environment. Dilution continues. all else equal i'll have to stay out of the pool here, even though it remains on my watchlist. Idk if there's a price where i'd be an interested buyer - it probably depends more on the catalyst/ revenue picture manifesting than any particular price at this point (which sadly, i think is probably tending to $0 unless something changes). careful and probably not a bad place to do some trimming/ PnL mitigation unless you're deep on this subject and think we're near the inflection. in which case pls comment below and let's ride this higher. i'm all ears to hear the alternative and i hate being the bearer of somber news but just the way i see it.
HYZN
, period. i love the idea, think the tech could be deployed so many places, but with >$100 mm in the bank and burning >$100 mm a year, the risk reward isn't justified until they put up a good print and really speak to what the F they're spending >$100 mm on SG&A for. I get the $40 mm R&D budget, but also one could argue these should be REVERSED until they get some obvious sales traction *then* to hire the sales staff. The prior quarter also had me wondering if i had finally "missed" the boat with the whiff on revenue only to see a retrace and pop higher. i stayed on the sidelines and now entering this Q I have even more negative thoughts after seeing that price action - any bid here probably sees an oppty for holders to DUMP and UNLESS there's something fundamentally changed. Realistically, this sort of tech is probably worst suited for commercial wins/ trials + buyout in this rates environment. Dilution continues. all else equal i'll have to stay out of the pool here, even though it remains on my watchlist. Idk if there's a price where i'd be an interested buyer - it probably depends more on the catalyst/ revenue picture manifesting than any particular price at this point (which sadly, i think is probably tending to $0 unless something changes). careful and probably not a bad place to do some trimming/ PnL mitigation unless you're deep on this subject and think we're near the inflection. in which case pls comment below and let's ride this higher. i'm all ears to hear the alternative and i hate being the bearer of somber news but just the way i see it.