Risk and Rewards
So, this company recently hit my radar and also many of my Moomoo friends radar. This is new battery technology that seems to be close to its final development stage and moving on to production. Its recent partnership with KULR might indicate its looking for a company to package its new technology. KULR has the packaging tech but not the battery technology. In addition, its proximity to Tesla plant seems to scream, let's make a deal. Both companies have acceptable balance sheets at this point, and they both have government contracts. The risk and rewards here are very appealing.
I made purchases in AMPX and KULR.
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KULR HODLER : is it a good idea?AMPX has huge insiders ownership im scared.can u elaborate on that
MonkeyGee OP KULR HODLER : huge inside ownership gives it more control and also prevents takeovers. in addition, if the stock drops or gains, the insider would feel it. There are pros and cons to everything. There is absolutely risky. But so was Tesla just before it pop.
KULR HODLER MonkeyGee OP : should I pump ampx now?it was down 10% today but im totally unsure about earning day and day after that hahahaha
KULR HODLER MonkeyGee OP : i see,was tesla on significant inside ownerships too?
MonkeyGee OP KULR HODLER : Obviously tesla was in a different ball game. You know that tesla was almost in bankruptcy just before it took off. This company is nowhere as solid as tesla.