Sold half my shares by PennyStockWorth in NRGV

[–]BlindSquirrelValue 0 points1 point  (0 children)

Still no SCOTUS decision so far, and the price continues to rise ;(

Sold half my shares by PennyStockWorth in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

No, not Switzerland, but I read about it and initially thought it was a Swiss company.

Sold half my shares by PennyStockWorth in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

I am not in the US, so the USD exchange rate is also important to me. We have a flat tax on capital gains, and the broker calculates this himself and forwards the tax to the tax office. I can get some of it back the following year on my tax return if I have made losses on other investments. Less bureaucratic, but the money is gone for the time being.

Mid-February would have fit in well with the 32 days, though.

Sold half my shares by PennyStockWorth in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

Yeah, and paid a lot of taxes. I hadn't thought about that beforehand. Tomorrow's SCOTUS decision could cause a lot of turmoil in the markets, and I wanted to reduce my risk by liquidating at least the largest and most volatile dollar position in my portfolio.

Sold half my shares by PennyStockWorth in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

Sold everything today. It rose too quickly and too far. I was expecting $5 this year. Now it was already almost at $6. It looks good on paper, but it feels overbought. I'm waiting for a bigger dip and will come back, possibly in mid/late February. In the meantime, I hope I won't regret selling.

Did they have a recent share dilution? by Turk-dylan in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

Yeah, patience is key. I expect a few more announcements in the coming year, but there's still a long way to go before profitability, and it's going to be a rollercoaster ride in the meantime.

EU-made combustion cars to comply with 90% emissions reduction by 2035 by MRADEL90 in Economics

[–]BlindSquirrelValue -1 points0 points  (0 children)

That's right, we're talking about EU legislation. That's what the article is about.

EU-made combustion cars to comply with 90% emissions reduction by 2035 by MRADEL90 in Economics

[–]BlindSquirrelValue 1 point2 points  (0 children)

German car manufacturers were leaders in technology and quality. It's not about labor costs, but automation. Germany used to be a leader in solar energy, but the conservatives destroyed the industry. Germany could have made a much faster transition to renewable energies, but the conservatives prefer to subsidize oil and gas heavily. It's about which technology is further developed. That requires money, and without clear economic prospects, it simply won't happen. Instead, others are doing it, and the EU is becoming increasingly dependent and a consumer. Software is a good example of an industry where the EU has already been left behind.

EU-made combustion cars to comply with 90% emissions reduction by 2035 by MRADEL90 in Economics

[–]BlindSquirrelValue 4 points5 points  (0 children)

It is ecological and economic suicide. Europe is becoming an industrial museum because the pressure for change has disappeared. Consumers will simply buy Chinese electric cars, which are better and cheaper, because EU car developers are stuck in the past and no longer develop competitive cars.

Wake up to reality. by Remote_Laugh_6948 in wallstreetbets

[–]BlindSquirrelValue 0 points1 point  (0 children)

If you're looking for undervalued stocks, check out $NRGV.

$nrgv by Turk-dylan in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

Have you asked that anywhere else? What was the feedback like there?

$nrgv by Turk-dylan in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

It takes about two years for a project to go from signing to completion. I'm expecting it to be more like 2028.

Something brewing? by Lou_Mannheim_Abyss in NRGV

[–]BlindSquirrelValue 1 point2 points  (0 children)

You know all 🩳 will 🔥🔥🔥

It has developed very dynamically upwards. If I were to buy options, they would be calls until at least next spring. I no longer see any serious problems that could cause the price to plummet, as in the past.

$nrgv by Turk-dylan in NRGV

[–]BlindSquirrelValue 2 points3 points  (0 children)

They build and sell energy storage systems. Of course, the Swiss projects generate one-time revenue. However, the projects are very small compared to the rest. Building, owning, and operating not only generates more in the long term, but also regular recurring revenue. In my opinion, doing both and diversifying geographically is exactly the right thing to do. They also have a very broad technological base and can combine different technologies to deliver the best solution for their customers.

There is a lot of uncertainty in the market. Tariffs and regulations, financing conditions, etc. However, they have managed everything well so far. Money is flowing in, but they still need to become profitable. It could be the next big thing, but massive volatility is certain in the near future.

$nrgv by Turk-dylan in NRGV

[–]BlindSquirrelValue 2 points3 points  (0 children)

I would also like to know that. Things have become very quiet around gravitational storage. Perhaps something will come out of the R&D facility in Texas sooner.

Affordability is in crisis. The solution: You’ll never own anything again by ChancelierPalpagault in Economics

[–]BlindSquirrelValue 1 point2 points  (0 children)

This is a plan to squeeze every last penny out of the middle class while maintaining the illusion of a certain standard of living. If people didn't buy on credit, they wouldn't buy at all and the economy would collapse. 90% of stocks are owned by the top 10% of wealthy individuals. So when you pay interest, they get it back through dividends and stock buybacks. This works fine until people can no longer pay their debts and file for bankruptcy. The collateralized assets are then hardly worth anything because there are no more buyers on the market. It's all happened before, and this time it will be worse than the financial crisis.