- Initiation from MS last week was lame - Been oversold for the last couple weeks - Borgwarner owns about 20% of RMO's stake and recently they just bought Akasol which is basically a lithium-based battery manufactory -> Leads to me an idea that, Romeo will partner with Borgwarner to produce Romeo-tech-kind battery at a massive scale. Expecting news soon! - Volume picked up a lot last Friday, which makes me believe that this will curve up quickly when news out. - Squeezes have been open for multiple weeks now, they are due to a release very soon.
Just my personal idea, not a financial advice, btw.
Definitely will curve up soon and it will be in an instant when it does! It is way oversold and everyone knows it. Safe to say we are all just waiting for a catalyst before this nears all time highs. It's sad to see it so undervalued, but it happens to every good stock just before it's about to do something big!