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.
SnooMacaroons9853 t1_iy7yohe wrote
Reply to FSR short squeeze? by shejkztar
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.