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But crystalising my losses has never been my thing either. IRW-News: Vicinity Motor Corp.: Vicinity Motor Corp. My instincts are telling me to run as far away from this as possible. In many ways, they're starting from scratch again to get their bearings, all with the undoubtful backdrop of upcoming SEC investigations and lawsuits from shareholders. Not just that, but they also say they are 'reassessing Hyzon’s global strategy and operations'. Our unique shape allows Aptera to slip through the air using 30 of the energy compared to other electric and hybrid vehicles on the road today.
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Secondly, the fact that all 'financial statements and guidance previously issued by the company can no longer be relied upon' is a massive deal. Aptera was created from the ground up with one purpose in mind energy efficiency. They said it would show up in Q1's earnings report, I guess they were one ER report too late with the prediction, but it's pretty much exactly what's happened. Aktienkurs (WKN: A3CML7 ISIN: CA9256541058) in Realtime, Charts und wichtige Angaben wie News, Umstze, Analysen, Kennzahlen. The Chinese company that had allegedly signed a deal with them had only been registered 3 days before the announcement, and there were no signs of any capital within that business. Firstly, 'revenue recognition issues in China - this is exactly what Blue Orca said would happen last year. I'm not usually one to sell and 'crystalise my losses' but my trust in the company is definitely wavering and I'm not sure if they can come back from this. This will likely go under $3 at open, maybe even closer to $2 during the course of the day.