I would hope newbies are not making investment decisions based upon anything they read on HC - whether it be good or bad - as most of it is just opinion based upon an individuals interpretation of how they see things.
They should be doing their own research and making decisions in terms of their own risk profile - not the risk profile of some other poster!
I understand both sides....if you look at the cold hard facts...it looks dismal and very high risk. But if you believe VMT can survive and make some traction into an industry which is expected to grow substantially in the future.....then it is a potential multi bagger.
It gets back to the risk profile of the individual and how much you can afford to lose.
For me if their push to sell the new models into the China market doesn't work - then I'm probably out until the global electric scooter market outside of China reaches some volume.
sents
VMT Price at posting:
1.1¢ Sentiment: LT Buy Disclosure: Held
