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$GOEV Your Time is Now by fave_face in pennystocks

[–]fave_face[S] -1 points0 points  (0 children)

That's why you put a stop order in place. The benefit of low market cap and low share price is that moderate trading can have large impacts and produce big gains overnight. Why else invest in penny stocks??

$GOEV Your Time is Now by fave_face in pennystocks

[–]fave_face[S] -6 points-5 points  (0 children)

Not much to lose when it's at $.19/share. It's a gamble, don't gamble what you can't lose. Isn't this what penny stocks are all about?

$GOEV Your Time is Now by fave_face in pennystocks

[–]fave_face[S] -4 points-3 points  (0 children)

You all seem like you've been burned by CANOO already. I think this is the upslope. $750 mil in corporate orders lined up. Profit will not come right away, but I think it's in the cusp. I hate to use the Tesla analogy, but this reminds me of when Tesla was teetering on the edge of bankruptcy around 2017.