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Another Blog On "Vinfast"

There is so much to read about this companies history online. Do your own homework. Their success is not dependent on what ends up happening with their sales in North America. They are nimble. There are plenty of auto factories all over the world now for sale they can acquire. They have dabbled in Australia. Having access to money to keep going doesn't seem to be their problem. Rivian also seems to enjoy this advantage. Vinfast is currently building a new plant in India which could employ thousands of people. That's an emerging new market. New relationships are being built and new investors will be coming onboard. Are option players looking at this stock? Not really if we look at these "one-month-out" Calls. What about Calls further out? What about next January? Here is a look at the three and four series of Calls. Nobody seems willing to bet Vinfast Calls. Now this. Here are two snippets taken from a blog I wrote about this stock back in early December of 2024. ...

Mullen : A Quick Read On A Fascinating EV Development - Updated December 2023

The companies CEO has written this letter to his shareholders. First a look at how the stock is trading.
So here is the thing. There will be more investigated news coming out shortly on how the stock is being manipulated. Good luck on trying to figure that out. Amazingly the company has gotten this far and they are promising new vehicle deliveries in the next five weeks. That will be a major acheivement. Yet they will still need more money if they want to open up a new 650,000 square foot factory. This qualifies as a junk stock and most people would never waste their time following stories like this. It is however interesting. David Michery is not having fun times. *** Look at what has happened in the time it took me to write this blog, it dropped another 13%.
Now look at an end of day chart and the volume trading. One day reversals like this are rare.
It's back up again to $.74.** A Sept 3th update. Michery spoke out on a talk show called "Making money with Charles Payne which aired on Fox Business". He offered the following comparisons. The stock continues to fall.
What a crazy month of trading.** An Sept 15th and 18th update.
This stock still has a following. If Ford and G.M. are losing money how can a small little company like this ever make a go of it? Good question. Traders however still seem to like the action.
Now a December 2023 update. If you want to start watching this stock from this time forward you can.
It's still an exciting story.

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