yep demand definitely there as 200% growth in most recent report .Consumers of high priced wheels are not price sensitive. These are mostly wealthy consumers, and the ones getting loans for the vehicles certainly have the means to pay the loans.
so all CBR need to do is increase their gross margin thru automation, their expenses are pretty tight, no sales and marketing as OEM, and just R&D, Corporate(executive salaries) being the main above the line expenses really.
Question is basically valuation, as EBITDA what potential is generally unknown. Execution is needed. At $4+ this was way too expensive, given the risk and unknown true EBITDA potential.
Where are ralph wiggum and all the promoters gone? They've been so quiet which is actually a positive contrarian sign(since the price fell after their bullishness)
