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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. ...

Another One Biting The Dust. Farraday Future Intelligent Electric Inc.

A 40 for 1 reverse stock split. Let' see how it survives its first day of trading at it's new price. In the premarkets it's down slightly. That was to be expected. Smart investor have shorted this stock years ago. Just after the opening this morning it was down even more.
Investors who bought in over the last five years or so will never be able recoup their money. Remember Fisker and Electrameccanica both went bankrupt? So what is the Farraday Future news this time?
What's going to keep this company going? Will it ever turn a profit? Read a previous blog I wrote about another company in the same camp called Taiga which makes electric snowmobiles and more recently electic watercrafts. It is a Canadian company heavily financied by the Quebes government.
It has borrowed a lot of money to get to where it is at now. I have talked about it before, see one blog posted on Decber 12th, 2022. It is now under a "stop trading" order.
Stocks trading under $1.00 come with a high level of risk. (Here now is how Farraday Future closed the day, the first day after a 40 for 1 reverse stock split).

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