More FUD. Price parity is expected in some locations within 3 years. And they certainly won't be 3x the cost of ICE vehicles in 2030. All you do is pick arbitrary numbers that you think will panic holders for your trading gain. Its like the traders got together and challenged each other to see if they could get the SP to $1. Because if you show lines on a chart and spread enough disinformation, things like actual cash or company financials don't matter. The same thing is done by the same groups when they are pumping stocks being any reasonable measures. A share hits $1, and they challenge each other to see if they can fool the 'weak' investors into buying it up to $3. Then someone shouts 'I bet we can pump it to $10'. So now people like colinchi throw out 50c targets for GXY. And a bunch of us sit back and laugh. Can so many people who consider themselves smart and well informed be easily swindled? Absolutely. DYOR
GXY Price at posting:
$1.37 Sentiment: Buy Disclosure: Held