johnnydop
Member
Does anyone think the share price will dive after the Q2 earnings numbers?
Q2 will not be as good as Q1 was, and we are expecting a quarterly loss, less revenue from credits, no benefit of warrant reversals, etc. The market seems to be short sighted, I'm thinking after the announcement next quarter, we'll see a sharp drop in share price and a buying opportunity. Same logic applies to Q3 where they are again predicting a loss.
What do you all think?
Its also possible that they report great numbers because of better than expected sales triggered by one or both of the remaining announcements. These announcements could be the catalyst that tips the scale for those on the fence of buying one. I think range anxiety is the biggest reason preventing someone from buying one and a very aggressive supercharger announcement or a metal-air range extending battery would put that problem to bed once and for all.