$Cenntro Electric (CENN.US)$ The results look pretty but why...
$Cenntro Electric (CENN.US)$ The results look pretty but why the price going down?? Can anyone tell me??
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Hoping my money can grow big like tree and drop money from the tree into my pocket. Huat ah!!
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Moo Top : Could be priced in before earnings.
70732196 : Only sold a few cars
RainbowLight OP : The results looks good to me as they have sold 900 cars compared to other company where they sold almost 0 cars and their price is high. Their revenue compare to previous year is high and remember they have the 250mil cash on hand. That's why I'm waiting for the Q1 ER rather than the final Q4 ER. They have been merging with other companies and opening more factories. Hoping that next ER can be good.
Jonny Five RainbowLight OP : I think so too I think this first quarters er will be even better I mean they are getting things done and doing it in good places to and they have already said they would produce 20,000 ev this year
Jonny Five : the only thing I don't really know is is there product a good product that people are going to want to buy like Tesla