There's a lot of back and forth regarding ADO. It’s undeniable that ADO is a risky stock, which explains why it’s currently at 2 cents, whether that's justified or not. We can complain about management endlessly, but until a deal is signed, their lips are sealed.
We’re all aware that we could be involved with EV1's next-generation battery, with an announcement expected in the next two months, maybe sooner. Like any stock priced at 2 cents, if the news is positive regarding EV1, the share price could multiply. If the announcement is unfavorable, it will likely drop, and we’ll need to focus on other opportunities ( as per Captains list there are quite a few). The decision to sell or hold is yours.
The upcoming quarterly report, which should be out in about two weeks, will likely give us more insight into our status with EV1—not much longer to wait. Prototype testing might be completed so we'll find out soon enough.
Oct Qrtly will be interesting - Down to the wire.
Cheers
M.oz
ADO Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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