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SnooMacaroons9853 t1_iy7yohe wrote

Volume has been super low on the stock too. With any decent volume this will push higher & shorts will get squeezed.

Would be nice to have more wsb guys join in..

For reference. Fisker is on track to produce more vechiles then Lucid next year. With close to 2.8B in revenue at 67.5k ASP of thr 42k vechiles. Stock is current trading at around <.8 2023 revenue & .3x 2024 revenue. Compared to lucid, rivian trading ar significantly higher valuations.. so out of all EV startup plays. Fisker is the most undervalued & likely a very good play.

Not financial advice, do your own DD.

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VisualMod t1_iy7squ2 wrote

>Hi there. Fisker Inc is definitely an interesting case for a short squeeze and the potential to generate large profits quickly, however it does come with its own risks that must be taken into account before investing in such strategies. As you mentioned, almost 30% of float is currently shorted which could mean huge returns if things turn around or disastrous losses should sentiment remain bearish on this stock. Ultimately, I recommend doing your due diligence thoroughly and researching all aspects related to any particular company prior to entering positions so as not to risk more than you can afford while still potentially taking advantage of these types of opportunities when they arise!

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undercoverconsultant t1_iy7zxsu wrote

I like the design, the approach to use a CM, that they have choosen Magna as such and that they are changing their plan only if required and valuable for their further strategy.

I think 2023 will give a good indication on what the company can achieve in next 5 to 10 years and valuation will start to reflect this soon.

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squirea1 t1_iy7vf2v wrote

Is their a target date? Or a goalpost moving cult sub I can join?

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luckytrade313 t1_iy7wlno wrote

ill help you toooooooo. theeeeeeee moooooon. its all I got oh ya hold ,diamond hands ,okay that's all I gotimg

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shejkztar OP t1_iy7wptq wrote

I have no idea. I just know that they started production now without any problems. Maybe we need to wait for Q1 report before a short squeeze can accure.

As I said, Im no expert, but looking to learn 😄

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ShaidarHaran2 t1_iy8bknu wrote

Target dates are stoopid, the main thing is if production ramps up successfully and that revenue starts being booked, the short volume is going to have to seek an exit. There's still risk for a startup, but Magna is an experienced manufacture, if things go more or less to plan deliveries and earnings should trump anything else over time.

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TrueNorthCoin t1_iy7v6yt wrote

Squeeze these nuts you fukin nerd

1

Holiday-Ambition-126 t1_iy7z66f wrote

I think the so called shorters are just calls that are covered no?

1

dwitkowski77 t1_iy84ki5 wrote

Don’t see a short squeeze. Been begging all year not happening. They returned 3 million shares yesterday. Stock went down.

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shejkztar OP t1_iy852qc wrote

Really? Where can I see this numbers? I thought they updated those numbers twice a month.

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bmiddy t1_iy89cki wrote

Trying to find this news, where is it?

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ShaidarHaran2 t1_iy8bo6g wrote

They haven't delivered a car yet. That short volume is likely going to start seeking faster exits when they do, and production has already started and is ramping.

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dwitkowski77 t1_iy8jvmv wrote

Possibly there are multiple reasons why the stock is stuck . Time is on someone’s side

1