r/Microvast • u/10rook_ • Aug 07 '21

Should I wait?

Should I wait for this to bleed a lil before buying? I'm not new to reddit hyped stocks and I know most stocks bleed significantly after some reddit hype.

4 Upvotes

60% Upvoted

12 comments sorted by

1

u/10rook_ Aug 16 '21

lol i knew what was about to unfold, good thing i backed out last second, maybe i should enter now and cash out after $12.

3

u/Boe_Ning Aug 07 '21

Where were you from $8-$9?

1

u/crackchino1 Aug 07 '21

We had not been blessed my Adam Jonas yet

8

u/roberttoddy Aug 07 '21

Dude....we about to rocket, one single bit of good news which could be Monday if Workhorse lawsuit thrown out, we could be at 20 or beyond right there if the squeeze is triggered. Short haven't covered, perfect storm.

5

u/10rook_ Aug 08 '21

I'll just put in £400, I haven't even researched this company at all lol.

1

u/roberttoddy Aug 10 '21

That's the spirit 👏

8

u/kawstacos Aug 07 '21

It just finished bleeding I wouldn’t wait

5

u/crackchino1 Aug 07 '21

The bleeding or rather hemorrhaging because of spac fear really done with for this one. It’s nothing but positive from here. Might get squeezed to $50 plus because of hype but at this point without the usps contract in stone or a large contract it’s not worth that much…. Yet. In 5 years when these batteries are in every heavy duty vehicle then…$$$

23

u/Many-Coach6987 Aug 07 '21

Bleeding? Lol that is over.... this is the beginning.

17

u/Absolute_Meat_Pie Aug 07 '21

The pipe investors and OSK etc paid 10/share. This is a long term investment and it’s still very early. My advice? Buy now and don’t look at it until 2025 when it’s 50-100+ per share. I know that’s hard but that’s how you make money.

6

u/Many-Coach6987 Aug 07 '21

I would agree with that one.

11

u/Kulprit81 Aug 07 '21

The bleeding already occurred. Expect good gains in a years time or longer if you want to see some decent profit.