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Canoo Inc (GOEV)

NASDAQ
Currency in USD
Disclaimer
3.160
-0.240(-7.06%)
Closed
Pre Market
3.219+0.059(+1.86%)

GOEV Comments

The Canoo company under the code GOEV has already received an order for 4,500 electric vehicles from Wall Mart with an option for another 10,000. But it will have to find 2 billion . Before signing with Wall Mart it had nothing in its hands. Everyone has shorted the stock on the logic that it will give shares to get money it needs. How many times does the majority make money very easily? Over 36 million shares are already short and the average volume over the twelve months is about 4 million shares. I have a feeling that if stock goes past $5 everyone will be looking to close positions and the door will be very narrow, resulting in the stock perhaps writing big double digits. What do you think?
I think this company is a scam, and the walmart deal will never happen. I actually read the SEC filing and the Walmart contract. Walmart has no obligation to buy anything. Their other order about some Amazon delivery partner was even more of a sham. The company actually put on their wrbsite that they hav no contract with Canoo and they have no ability to but that many vans. This is why everyone is shorting this. The problem is the shorts will get squeezed with mor sleezy press releases and you end up being right for the wrong reasons
Share your opinion with Morgan Stanley and surprise them that you are the only genius who discovered this.
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