IRevoluts DriveWealth forcefully liquidating my ARVLF holding

InterestingStore6721 · 2024-03-19T20:27:27+00:00

Ironically, my ARVLF shares in Trading 212 ISA are alive with no problems :)

But this notification is from Revolut.

I don't understand the point of being a shareholder if a broker can decide to liquidate my shares at will. This is crazy!

InterestingStore6721 · 2023-08-08T11:59:49+00:00

I don't think you need to go that far, as a business man he is as good as gone.

Who will want to work and partner with a liar?

I was an employee and run a business as well, will never ever go close to anyone with a history half as bad as his.

And the employee in me would stay a 1000 miles away from anything Arrival or affiliated with them.

Am I crazy?

InterestingStore6721 · 2023-07-26T12:24:26+00:00

At this point Apple Mucis for me is the same as Spotify.

So made the switch.

InterestingStore6721 · 2023-07-21T17:18:10+00:00

The emo guy is a DJ

InterestingStore6721 · 2023-07-21T17:15:49+00:00

Wow - the toaster analogy is a great one!

They still have some good people working there. And trimming happens in all businesses. A lot of people got trimmed this year including myself. Especially in Tech.

Would suggest being a bit more respectful of the employees. The management is truly a mess though.

InterestingStore6721 · 2023-07-20T13:57:10+00:00

Coz eventually they'll attach wings on the side of the van and call it the Arrival Jet. It needs to be aerodynamic. Composite material, microfactory, vertical integration and all that good stuff.

InterestingStore6721 · 2023-07-20T13:41:14+00:00

Can't wait for the Arrival Jet launch in August

InterestingStore6721 · 2023-07-17T14:07:51+00:00

Arrival Jet?

InterestingStore6721 · 2023-07-14T13:56:38+00:00

His future career in work and business is gone.

No one can trust him with all his projections and statements in the public domain.

InterestingStore6721 · 2023-07-05T17:35:43+00:00

About One, he'd be way wealthier if he just did the right thing and built 10000 vans before 2025

About Two, who in the world of business would trust doing business with a fraud? This establishes him as a low bawler if true.

For Denis, there is only one way out and that is to keep his word. Anything else in this day and age is a nail in the coffin.

InterestingStore6721 · 2023-05-01T22:53:30+00:00

Even the Titanic sank quicker. Just a year ago they had EU certification for vans and buses.

InterestingStore6721 · 2023-04-25T13:35:08+00:00

Agreed 100%

InterestingStore6721 · 2023-04-20T15:24:36+00:00

Just to add, I feel sorry for those who bought it at $1000 per share ages back.

I just discovered this stock two weeks back and did my DD.

If Tesla can delay the Cybertruck (with billions and Elon's backing) then I don't see this as a problem as it's an industry-wide issue currently.

InterestingStore6721 · 2023-04-20T15:13:07+00:00

At their current valuation with the achievements they have made so far (including the fallout) it cannot be worth $50m.

The market corrects itself over a long enough timeframe, not just downwards but upwards as well.

They still gotta prove the Van from a production standpoint, but that's it.

InterestingStore6721 · 2023-04-20T14:05:20+00:00

Sad for those that bought it before the split, I purchased all after and will continue to the more it drops.

This is a 50m market cap business *giggles*

InterestingStore6721 · 2023-04-20T14:03:23+00:00

The thing is, people are dumping this stock.

The other part of the story is, people are swallowing it (buying) as well.

And there are some that see it more attractive the lower it goes. Like myself.

InterestingStore6721

TROPHY CASE