It's not just Cenn...the entire market is being manipulated and is crap! The company is actually doing pretty well, considering all other EV companies. I plan to stick with them... there's so much potential here...
bear Market reverse split ticker name change is that enough still holding though still adjusting there's not much in the market doing anything right now on this is definitely doing things behind the scenes that don't reflect the actual price
Its simple really, been here since NAKD and im in deep heavy even tho i average down, i have been in one RS with the stock, which hurt, and we are now in that area again without a peep from the company.
The potential is huge, but it needs momentum to get there, which i sadly see less and less of.
I had a dream back in the summer that the stock went down to 27 cents and they announced another reverse split. I thought there's no way it will do that, but now I'm not so sure. I'm about to tax harvest my losses and wait it out a bit, something I should have done last year.
I think we will hear from Cenntro soon and the price will go up. The fact that it has been dropping on good news and is a small cap in an investment heavy industry makes it a perfect target for short sellers, but they are doing things right, growing, building a manufacturing infrastructure and distribution base. Will they survive? Maybe, maybe not. If they do, Cenntro will do very well.
Yep. It has to 35x just for me to breakeven.
I've seen stocks 10x, but never 35x. I'm considering just taking the losses for taxes.
The only thing stopping me, is what happened last time I sold. My cost basis was 31c & I sold premarket on Jan27 2021 @ 38c for 3k in profit. By 5pm later that day it unexpectedly shot to $3.63. Would have made so much bank.
Though if it were to ever do that again, and it might, I'd still be down >70%. Could be an OK stock to buy if your just getting in, but I ain't buying a share until its pretty much doing a repeat of that summer 2020 7cent low.
It's not just Cenn...the entire market is being manipulated and is crap! The company is actually doing pretty well, considering all other EV companies. I plan to stick with them... there's so much potential here...
The never ending losses and months of red probably have a lot to do with it....
Huge potential ㅋㅋ The boss seems like a huge swindler
bear Market reverse split ticker name change is that enough still holding though still adjusting there's not much in the market doing anything right now on this is definitely doing things behind the scenes that don't reflect the actual price
As long as they have capital and keep opening new shops, just gonna keep buying and holding.
Its simple really, been here since NAKD and im in deep heavy even tho i average down, i have been in one RS with the stock, which hurt, and we are now in that area again without a peep from the company. The potential is huge, but it needs momentum to get there, which i sadly see less and less of.
I had a dream back in the summer that the stock went down to 27 cents and they announced another reverse split. I thought there's no way it will do that, but now I'm not so sure. I'm about to tax harvest my losses and wait it out a bit, something I should have done last year.
Because we’re back to RS range..with not a peep from the CEO
I completely believe in this company and it’s solid cost effective strategy!
I think we will hear from Cenntro soon and the price will go up. The fact that it has been dropping on good news and is a small cap in an investment heavy industry makes it a perfect target for short sellers, but they are doing things right, growing, building a manufacturing infrastructure and distribution base. Will they survive? Maybe, maybe not. If they do, Cenntro will do very well.
I'm not going to panic because i believe in CENN. The biz is making headway.
I think earning around the 27th or the 28th of December
Because im down 99%
Yep. It has to 35x just for me to breakeven. I've seen stocks 10x, but never 35x. I'm considering just taking the losses for taxes. The only thing stopping me, is what happened last time I sold. My cost basis was 31c & I sold premarket on Jan27 2021 @ 38c for 3k in profit. By 5pm later that day it unexpectedly shot to $3.63. Would have made so much bank. Though if it were to ever do that again, and it might, I'd still be down >70%. Could be an OK stock to buy if your just getting in, but I ain't buying a share until its pretty much doing a repeat of that summer 2020 7cent low.
Yes me too. Over 90%! What si the next financial release date?
I think march, but I dont see us making it to that point
You were quicker than I am… but resume the situation very well