NVX 0.63% 79.5¢ novonix limited

"It's tax time, we will be back soon to $2.""It is Tesla day in...

  1. 1,990 Posts.
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    "It's tax time, we will be back soon to $2."

    "It is Tesla day in March, for sure NVX will skyrocket!!"

    "In two months they'll announce a take-off, the time to load up is now!"


    How many times have we heard stuff like that? While the dreamers are dreaming and the uprampers keep upramping, the stock price keeps dropping and bags are getting heavier. At the end of the day, it is all about fundamentals, and we have yet to see the fundamentals of NVX. The only people making money at this stage are traders and shorters. Facts.

    I've been telling you since $12 that this thing will drop below $1 and it did. I am telling you now that _unless_ the fundamentals change and they change FAST, this thing will keep dropping below $0.5. Only fundamentals can really change the ultimate direction of the sp. Meanwhile, I am sure we will be hearing a lot of excuses along the lines of 'weak macro'.
    Last edited by kokoro: 23/06/23
 
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