Tritium DCFC Limited DCFC
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More people know about evgo than tritium. We have a PR problem but evgo has the complete end to end vertically integrated solution and they just purchased a company that makes their own fast chargers. It is frustrating to wait on tritium but there are other better options out there while we wait. Agree that it makes no sense but just ride the waves. I added to evgo today and will hold for a few months. Evgo will be over $10 and then $15 way sooner than tritium which is unfortunate but tritium will get there eventually. Just look for others in the industry if you want immediate returns. Rivian also makes their own fast chargers as well as vehicles so that might be another good option.
Nice little move today. Let’s keep this slowly building up up up. Having an intel executive join the team should provide some more confidence. Also not sure if you notice but the new guy is supposed to help them get their Jan -June 2022 financials reported in September which is awesome. The shorts definitely have nothing to say, just crickets. They can buy some of my leap $10 calls once we hit $15. Lol. Have a good one folks.
Another low vol day and probably several more till we hear about the opening of TN factory. Let’s hope they get some good publicity when it happens. This has been a painful trade but can’t imagine there is much further to fall. It sure does seem like all they have been doing is going to EV conferences for meet and greets. Let get some news out there Tritium. ?
Evgo is having a hell of a week. We will have our day in the sun soon enough. Not sure why they have a market cap of 3x Tritiums but 1/4th the revenue. Seems like dcfc should be up in the $15-20 range by end of the year. ??
Nice close today. Guess the shorties were sleeping. I think the bears will get nervous whenever we get a close over $7 which should happen within a month on the opening of the new plant. Let’s not poke the sleeping bear till we know they are screwed and have to cover. That would be a perfect time to provide an update on order backlogs and deliveries. Looks like there are around 2 million shares short as of 6/30/22 so that could give us a decent squeeze but most of the shorts were put on at a much higher price but we could still squeeze those bastards. Have a good weekend longs.
It’s kinda funny but the plug and go technology that GM is boasting about is already available from tritium. Gotta hand it to evgo, they sure know who to team with even if it really isn’t much news.
Amazing that evgo rips on news of 1500 fast chargers to be installed over 3-5 years. Wonder who manufactures them because I couldn’t see anywhere that they manufacture their own. Anyone have any ideas on that? I couldn’t find anything about tritium and them being partners.
I seriously doubt the institutional
Money will sell tritium at a loss, not unless they are desperate for cash especially since this is an 2-3x over the next 24 months. If we can hold above $5 for the next week the. Maybe the bottom will be in.
Nice volume in the first 30 minutes but most of it was in the first 15 minutes. We haven’t seen this much volume in a long time, if this keeps up we will have 1million plus day but no way that happens. The manipulation continues and they just keep trying to steal your shares. Good sign so far.
Shorty dumpers are piling on and walking it down. They won’t be around for too long. Nice to know the ride ceo is also on the tritium board. Everyone using Volvo trucks are using tritium as well. Not sure why the company isn’t communicating this but we will be fine come the fall. We will have some pain this week but if we hold $5 then might not be that bad. That is a big if. Hold tight for the wild ride. Good luck longs
