meifud, that's why it's a good thing this isn't a biotech stock. This is another good entry point though, even if does drop some more. You have to have a steady stomach for the roller coaster. This roller coaster will rise again another day. We might benefit from a little Focalin right now. ;-) In the meantime take two Rampertabs and don't call me in the morning.
If we don't see another approval this year, you can buy the stock cheaper if there's more stock dilution. Another approval and back to 6 we go, even if it's only for an hour. ;-)
Buying shares on the open market reinforces the notion of putting your money where your mouth is. It tells shareholders you're in the same boat even though you're the ones steering it. It may not be wise from a diversification standpoint, but if you knew a sure thing was on its way, you might be willing to load up in that one basket for awhile.
I don't want to hear the phrase 12-18 months on the next CC either or that someone left the lid open on a tank and sneezed into it. No more excuses.
As long as they spell Tesla correctly it's good for sales and the stock. Free advertising again. The fact that the shmuck thief survived is a miracle and testament to Tesla engineering. The damage he caused was unbelievable. As for fuel in the form of a battery catching fire after a crash, that's expected. Perhaps some of the newer better battery chemistries will avoid that in the future.
As far as I can tell, it's still a concept car? I went to Audi site and only see ICE machines, expensive ones at that. Only mention of UQM is them testing their motors last year.
The motors are probably being reverse engineered as we type. They already have the neodymium magnets, now they just have to buid around them.
It's like we're awaiting news of Phase III trials or an approval from the FDA for the next move up only in this case we awalt the blessing of an OEM.
I recall the last time frame was 12-18 months and 6+ of those months have passed. The excuse seemed lame to me, but what do I know. I would think a big operation dependent on electricity would have back up generators etc. I do believe it's just a matter of time. What is the magic of 12 more months, I'm not sure. But if we're at $24 a share in 12 months, who cares.
Battery technology will in fact meet the benchmarks. It's a matter of scaling up what they've already done in the labs. Building light aerodynamic vehicles, coupled with the newer batteries gets us there. The alternative is noisy polluting ICE machines. Even Harley Davidson has woken up and smelled the electrons.
What's wrong with all electric passenger vehicles? Their 90 lb. 100+ hp motor is perfect for small zippy cars and trucks and small boats. The battery tech keeps improving. They're unwilling to sell their motors unless you're a vehicle maker is all. They need to be more small-minded and broaden their vision. ;-)
That's probably 15 more than UQM sold.
They're also going to put a UQM motor in a boat. At least one person is doing their part for the cause.
Unlike Mr. Musk, UQM management isn't on the same mission of wanting to see the electrification of transport. They refuse to sell their motors to just anyone. You have to wait for a bankruptcy to get your hands on one.
First thing clickable on the right hand side of the basic company info is big UQM lettering logo and if you click the logo the headline on page is that thestreet lowers rating to a sell. That's kinda messed up advertising if you're trying to sell motors.
Howzabout partnering with a flailing boat manufacturer and making some electric boats while you're waiting for fleets to come knocking on your door?
Apple, Google, Microsoft etc. may want to form their own country, say Techlandia and make up their own tax laws since it appears Europe is looking to close loopholes. The Double Irish with a Dutch Sandwich may not fly anymore.
I see 5 years of studies and FDA reviews along with successive dilutions with well paid executives no matter what the outcome.