promising tech, I like Jagdeep as their CEO, seems fairly forthright and optimistic about their achievements, I have 50 shares and a worthless 55 call option that broke down awhile back..But here & now the sellers are massacring the weak hands on full public display here. I think it bottoms at $33.50, then bounces solidly from there barring lockup expiration, another offering, etc.. I'll be accumulating another 50 shares sub $34... we'll see how much the puts cost if we see bone head buyers come in tomorrow to accumulate on this fake-out ledge. A vertical put call an interesting idea I'll be lining up toward the end of this week if it continues this predicted falling knife movement.
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rolled into a May 7 $42 put. Sellers really want you to sell your s**t. letting this fade throughout the day then buying a vertical at the money cheap. I think institutions are going to load up sub 40, anything lower than $35 I have a hunch they're a takeout target. Batteries are massively hard to improve, the only game in town sans TSLA's dry chem coming online in 2 years, which is open source. Not sure about QS, they might have patents on this crap knowing Bill Gates is backing it 👌🏽
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Today's drop in shares triggered by a short seller report. They make some heavy accusations but what they failed to disclose are the details of VW's latest investment which actually involved testing actual QS cells in VW's German labs. wccftech.com/a-short...-in-volkswagens-own/