Why Canoo Could Be a 10x Stock in the Making

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  • Опубликовано: 25 авг 2024

Комментарии • 126

  • @asymmetricinvesting
    @asymmetricinvesting  7 месяцев назад +1

    💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: asymmetric-investing.beehiiv.com/subscribe?

    • @macho-ko3pn
      @macho-ko3pn 3 месяца назад

      End of April, short interest is 454% and no utubers covering it. Been on reg sho since the rs.

  • @chafikusa
    @chafikusa 7 месяцев назад +51

    I just bought me A LOT of Canoo stocks because we can’t ignore that Blackrock and Vanguard are loading on Canoo stocks as well. Also Walmart signed a deal to buy thousands of Canoo cars.

    • @WuttaBeast
      @WuttaBeast 7 месяцев назад +4

      This was my thinking exactly, at this bargain bucket price I've picked up thousands of shares.

    • @based8223
      @based8223 7 месяцев назад +5

      They are loading for the dump. Every single stock you can buy on the market is manipulated.

    • @purefire21
      @purefire21 7 месяцев назад

      black rock and vanguard is damn near in every stock in the market that don’t mean anything. They short these companies and force them to reverse split and get rich while you go broke! learn the game

    • @RayoDTijuana
      @RayoDTijuana 5 месяцев назад +3

      RIP your investment.

    • @joblesstess
      @joblesstess 5 месяцев назад

      Gz

  • @Paul-mu9ng
    @Paul-mu9ng 7 месяцев назад +18

    Hey Canoo! My best win ever was TSLA Nov 2019 - Jan 2021. 1400%. Whew! Looking at GOEV and taking Dan Ives (Wedbush) one yr price target of 4.00 in mind, GOEV has a decent chance of producing a similar gain in very near the same time. 3B in orders should enable us to stay alive long enough to get production in gear. My TSLA I have now is awesome, but in the next say 24 months it is unlikely to rise another 1400% or the 1800%+ potential in GOEV. Even at 1/2 of Dan's target and even if it takes 2yrs instead of 1, 900% would be a gain of 1.64 over the current fire sale price of .205. Can you dig it? I can, therefor I am . Best of luck to everyone who makes this risk move down here. Let's make some life changing money ! Go go Canoo!

    • @kennethterry6453
      @kennethterry6453 6 месяцев назад +2

      You still feel the same now that it is at 0.11?

    • @leeme179
      @leeme179 5 месяцев назад

      @@kennethterry6453 lol

    • @mason4295
      @mason4295 2 месяца назад

      ​@@kennethterry6453 when was it .11? Also, why try to rub something in like this? What do you gain from such a comment? Genuinely confused

    • @kennethterry6453
      @kennethterry6453 2 месяца назад

      @@mason4295 It went down to .11 and lower before they did a reverse split months ago to save it. At the time it was actual pricing but it doesn’t apply now. Had great hopes on this one. BCHG for the win now. ALSO, I wasn’t rubbing anything in I was asking a legit question on how they felt about it since it dropped. Thanks for the reply to a months old comment though. 😂

  • @samhafez1291
    @samhafez1291 7 месяцев назад +13

    The 6 analysts offering 12-month price forecasts for Canoo Inc have a median target of 1.75, with a high estimate of 4.00 and a low estimate of 0.25 ,i trust blackrock decisions

    • @Me2024You
      @Me2024You 5 месяцев назад

      Why you trust BlackRock in particular. You have good experience with other stocks , thanks to B-decisions ? Thank you very much already for your insights

  • @CooBlu20
    @CooBlu20 7 месяцев назад +6

    I'm glad they have been making some good news. They just recently delivered first vehicle to the State of Oklahoma.

  • @eeman1335
    @eeman1335 5 месяцев назад +3

    The difficulty here is that almost every EV maker is selling their products at a loss until they can get the necessary volumes of components to cost reduce the vehicle's bill of materials. There's also the stream lining of the manufacturing line that also help reduce the cost to build as well. Both of these cost reduction methods requires your factory to up and running and product moving through it in quantity. It's difficult to cost reduce things that aren't in production. That's why these EV companies went public in the first place to raise that extra capital to operate at a loss until their production/purchasing/assembly process could become net positive. Capital that Canoo has exhausted without any significant production/sales. It's slim, but there is a small chance. It requires them to only build out the factory to operate with small build quantities. Only acquire the equipment you need to build in the low hundreds. Try to price quote your parts in the 10s of thousands to get the cost down. Offer price incentives to fleet services who will to lay down cash up front for first orders (at reduced pricing), even if you have to sell those a break-even prices. This still gets you the streamline effect and price quotations you need to cost reduce. You're not making any money yet, but at least your manufacturing line is funded and up and running. The revenue strengthens the balance sheet and offers you a life line for more credit lines later as the stock prices rises to reflect sales.

  • @alex-sd
    @alex-sd 6 месяцев назад +10

    People forget that Tesla was a month away from bankruptcy around 2018 when they were getting the Model 3 out. Love the Canoo versatility and efficiency of space in the size of a Prius.

    • @tw2607
      @tw2607 6 месяцев назад +5

      That was when they were the only real EV player and not in the middle of downward EV price pressure and high interest environment.

  • @incogneato6395
    @incogneato6395 5 месяцев назад +3

    Theyre smart for entering the delivery, work, utility sector. That people mover version of the van was 🔥. At the time of this comment, stock price is under 10cents!!

  • @eddiea2606
    @eddiea2606 7 месяцев назад +10

    Let’s go canoo, I’ve been holding my shares for over two years 🙏🏽

    • @tapelegacy
      @tapelegacy 6 месяцев назад +1

      It’s skyrocketing right now!

    • @vector006
      @vector006 6 месяцев назад

      ​@@tapelegacythat was short lived

  • @josueto69
    @josueto69 6 месяцев назад +6

    I just bought 2000 shares today at 0.13, there is a large accumulation that will burst the price, if tomorrow goes down, I will buy more ... to win or die

    • @vector006
      @vector006 6 месяцев назад

      Did you buy more today?

    • @vitormiguelsilva3025
      @vitormiguelsilva3025 5 месяцев назад +1

      0.08 today... March 6, 2024

    • @user-lk7zr5hm9y
      @user-lk7zr5hm9y 5 месяцев назад

      @@vitormiguelsilva3025 $0.00565...3/8/2024

    • @dorinvoicu1040
      @dorinvoicu1040 5 месяцев назад +1

      How are you buying at 0.13, i`m using revolut and it has not been under 2.02$ ever on the app

    • @vitormiguelsilva3025
      @vitormiguelsilva3025 5 месяцев назад

      @@dorinvoicu1040 A reverse split happened a week ago or so, 23:1, meaning $2.02 is the same as $0.087 before the reverse split

  • @ArturoGarzaID
    @ArturoGarzaID Месяц назад +1

    GOEV CEO NEEDS TO BE REPLACED!

  • @masteryourmind3766
    @masteryourmind3766 5 месяцев назад +1

    I’m watching this video now. You told us to buy a $.21 the company is right now at five dollars which is pretty crazy.

    • @micalini
      @micalini 5 месяцев назад

      Went through a reverse split though. 23:1 still $5 is great!

  • @boilinabag
    @boilinabag 7 месяцев назад +3

    i have seen their protos. if their deal with walmart happens, this penny stock should do well. their ability to offer different types without a major redesign is correct. why their apple partnership stopped is a mystery. this is a tech car company, not a car company that has tech. bought $5k. should be an interesting play.

  • @anthonyamini3731
    @anthonyamini3731 4 месяца назад +1

    Hi, like your channel great info, just a question you’re posting canoo stock was at around $.20 I’ve never seen it below $1?

  • @jonathanbradshaw2575
    @jonathanbradshaw2575 7 месяцев назад +7

    Sorry, I will wait for the reverse split so that they can stay in the NASDAQ. This will inevitably be shorted and then, once the price equilibrates I will possibly buy.
    Buying shares at the moment is too risky. Seen it happen with other stocks.

    • @random123495988
      @random123495988 5 месяцев назад

      If I have call options, what happens to my calls in the event of a reverse split?

    • @WhiskeyDale
      @WhiskeyDale 5 месяцев назад

      good call. the reverse sple is coming March 8 from what i hear

    • @s.daniel2259
      @s.daniel2259 5 месяцев назад

      Great call

    • @Me2024You
      @Me2024You 5 месяцев назад

      Are there any stocks you are keeping an eye on that are particularly interesting in terms of their potential?"

    • @TV-lo3rv
      @TV-lo3rv 5 месяцев назад

      what about now?

  • @anxiousappliance
    @anxiousappliance 7 месяцев назад +2

    The expense numbers you go over are very low, but building a manufacturing facility, hiring and training workers etc. will require a magnitude more. Perhaps they can borrow on confirmed orders, perhaps Walmart will see a profit opportunity in pure investment, perhaps the military will place a big order...
    I hope your optimism is well founded as I like their product designs.

    • @tomschmid582
      @tomschmid582 6 месяцев назад +1

      They have a manufacturing plant in Alabama. Should be producing vehicles this year.

  • @Omahaneb6
    @Omahaneb6 4 месяца назад

    It’s important to note that- Canoo is transparent about dilution. Dilution is not a bad thing if you are issuing stock in planned stages to fit future capital needs . You should not issue more shares than you need immediately

  • @BILLYBOBB3080
    @BILLYBOBB3080 6 месяцев назад +2

    They're building a new Panasonic plant in Kansas to support them.

  • @matthewsuryan394
    @matthewsuryan394 4 месяца назад

    Should see a big change in stock once they deliver the vehicles to the usps and Walmart.

  • @Ted204K
    @Ted204K 2 месяца назад

    The video title should say why Canoo will be another Lordstown!!!

  • @kriscsr3958
    @kriscsr3958 7 месяцев назад +4

    I'm in!

    • @vector006
      @vector006 6 месяцев назад

      Sorry to hear

  • @marks501
    @marks501 6 месяцев назад

    What is your take on their dividend stock EIT-UN? Thx

  • @AnonYMouse-mr7hb
    @AnonYMouse-mr7hb 6 месяцев назад +4

    Big risk if you sink a big percentage of your cash into it. I bought a thousand shares for a couple hundred bucks. Losing that isn't painful. They survive, and I get a nice bonus.

  • @ventureM
    @ventureM 7 месяцев назад +10

    reverse split coming in fast ⏩

  • @numerouno9424
    @numerouno9424 7 месяцев назад +5

    I been invested in canoo for over 2 years and i like their vans and their pick up trucks BUT biggest problem is they are not producing any vehicle and they are broke. The stock will be doing reverse split so this company is garbage

    • @tomschmid582
      @tomschmid582 6 месяцев назад +1

      CANOO now has a manufacturing plant in Alabama. Also, a new board member who was a senior executive with Tesla.

    • @numerouno9424
      @numerouno9424 6 месяцев назад

      @tomschmid582 they will do reverse stock split so this company is going down because they been promising people that they will start building vehicles 1 years ago and still nothing. I lost money on the stock so I don't reccomend anyone investing in it

    • @tomschmid582
      @tomschmid582 6 месяцев назад +1

      @@numerouno9424I have successfully traded this stock for at least 2 years. Just because you held on to your shares instead of buying and selling the stock at the appropriate times doesn’t mean that they will never begin production. Incurring losses on a stock doesn’t make you more knowledgeable. Yes, it could go bust, but what if it doesn’t???

    • @Me2024You
      @Me2024You 5 месяцев назад

      Are there any stocks you are keeping an eye on that are particularly interesting in terms of their potential?"

    • @numerouno9424
      @numerouno9424 5 месяцев назад

      @@Me2024You PLTR

  • @bakhromo8947
    @bakhromo8947 6 месяцев назад

    Hello, can you please discuss about CYNgn stock and company. We woud like to hear your opninion. Thanks.

  • @thechappist
    @thechappist 7 месяцев назад +1

    I bought a lot when it was about a buck 25 a share... still have hope I'll do alright.

    • @ReplayMyanmar
      @ReplayMyanmar 7 месяцев назад

      You bought at $1.25 per share?

    • @thechappist
      @thechappist 7 месяцев назад +1

      Yeah, I thought surely it won't go lower. I should take my boss' advice when he says hey, what stock are you buying so I can avoid it?! I still have hope though. @@ReplayMyanmar

    • @tapelegacy
      @tapelegacy 6 месяцев назад +1

      It’s going back up right now

    • @vector006
      @vector006 6 месяцев назад

      ​@@tapelegacyand it's in free fall now

  • @rs4race
    @rs4race Месяц назад

    I hope it's a 1000x stock

  • @gerardovillegas1480
    @gerardovillegas1480 6 месяцев назад

    When is the next earnings call for 4th quarter?

  • @FRANCEAMERICA.EAU_RA
    @FRANCEAMERICA.EAU_RA 6 месяцев назад +2

    Well... what's to lose? I mean I have pissed away beers worth more than the 500$ in stock I just bought @.14¢...

    • @FRANCEAMERICA.EAU_RA
      @FRANCEAMERICA.EAU_RA 6 месяцев назад

      ...and still buying more ...lol...every time it drops one cent ,...I'm buying more and more...and more, loading up now with thousands of stock as it bounced off @10 and turned around...
      We shall see ...when you're down, there's no place to go except UP", CANOOOOO FOR PROFIT 2024'

  • @glennfeldt2009
    @glennfeldt2009 7 месяцев назад

    Compared to other EV startups (Tesla included), has Canoo burned more money in the same timeframe as the others?

  • @shesochic1803
    @shesochic1803 6 месяцев назад

    Can see these being new city vans buses especially globally. It will take off n camping parts of US but think this design at least will favor more globally.

  • @TheRustyLM
    @TheRustyLM 4 месяца назад

    Burning through cash, no revenue. CEO getting a jet...
    What a stinker!

  • @brunog3900
    @brunog3900 6 месяцев назад

    FSR is the stock you are looking for

  • @joblesstess
    @joblesstess 5 месяцев назад

    2000% plus wow

  • @DaShap
    @DaShap 7 месяцев назад +6

    I recently took the risk.

    • @vector006
      @vector006 6 месяцев назад

      Welcome to becoming a canoo bag holder... I've been holding these bags for 2 years, get ready

    • @DaShap
      @DaShap 6 месяцев назад

      Explain. Sorry. Not clued in on that terminology

  • @shamuswinston
    @shamuswinston 7 месяцев назад

    What do you think drove the price up today?

    • @asymmetricinvesting
      @asymmetricinvesting  7 месяцев назад

      Fisker did a refinancing deal turning debt into equity.

  • @marcusmcsweeney248
    @marcusmcsweeney248 6 месяцев назад +2

    It is rare to have a company this close to steady stream revenue at so inexpensive a price. Tony has done a remarkable job getting this far. I sincerely hope he can get some cars built this year, even if he has to go grass roots on manufacturing. All the brand needs is exposure through product example, eg. to see some on the road.

    • @s.daniel2259
      @s.daniel2259 5 месяцев назад

      Is it really close to steady stream?

  • @matthewtrinh4872
    @matthewtrinh4872 3 месяца назад

    IMO, I wouldn’t make a move on this until after the next election.

  • @kman5924
    @kman5924 7 месяцев назад +1

    The problem is the financials . They are toxically structured. If you really want to buy this I'd wait until after they get their money straight. The company is not the stock and the stock is not the company. In the filings they set a bottom of 10 cents. If you're determined to buy I'd wait. They cant spend that pre-money or customer deposits. I'd wait.

    • @vector006
      @vector006 6 месяцев назад +1

      Welp bottom is in tomorrow lol

    • @Me2024You
      @Me2024You 5 месяцев назад

      Are there any stocks you are keeping an eye on that are particularly interesting in terms of their potential?"

  • @iknownothinguknow
    @iknownothinguknow 2 месяца назад

    Cuurently at 2 bucks a share june 24

  • @LowInformation
    @LowInformation 7 месяцев назад +2

    Buy some when they hit .02-.0001 cents. And then you'll get the notice about chapter 11...
    Seems how it goes with these startups.

  • @chafikusa
    @chafikusa 7 месяцев назад +2

    I missed Tesla when the stock was $1.5
    I don’t want to miss this one.

  • @Charlesdavid2009
    @Charlesdavid2009 5 месяцев назад

    Do you mean a reverse 10x?

  • @scorpion251970
    @scorpion251970 5 месяцев назад

    I’d rather see canoo take over the usps vehicles than the Dejoy’s garbage evs

  • @jigensword7178
    @jigensword7178 6 месяцев назад +2

    Let me tell you my story. I used to be gambling now. I stopped gambling and funny things before I watched the video. I bought 50K shares, and I don't care about the outcome, and I want to buy the Canoo truck. these trucks are from different planets. I wish them the best luck

    • @Me2024You
      @Me2024You 5 месяцев назад

      What do think make them special ? I hope your investments turn 🛞 in your advantage!

  • @ourv9603
    @ourv9603 7 месяцев назад +2

    ANY stock could be a 10X stock in the making if they were to do something AMAZING which would make their
    worth SKYROCKET.
    !

  • @flahammerhead
    @flahammerhead 5 месяцев назад

    …”what a fool believes he sees, no wise-man has the power to reason away”…
    Canoo has little capital to build vehicles and weather the storm of years to profitability (it took Tesla 10). The stock is down 50% since the reverse-split March 8th. Without a major cash infusion, it’s going bust

  • @rlpzlpz486
    @rlpzlpz486 6 месяцев назад

    Question.🙋🏻‍♂️ if the research and development tax come back.. will this help canoo . I know that it’s currently being discussed by republicans and democrats.

  • @user-oi8pj9uu6h
    @user-oi8pj9uu6h 7 месяцев назад

    I'm curious about Tony's intention why he brought down the stock price by informing him in advance of the news of the reverse division.

  • @opinionmatters7119
    @opinionmatters7119 7 месяцев назад

    They may get delisted. High risk is right

  • @howlinhauler
    @howlinhauler Месяц назад

    canoo builds debt so apple want buy them.

  • @randyearles1634
    @randyearles1634 2 месяца назад

    dump your $$ in Canoo and end up a river. their executives will thank you as they jet around the world.

  • @TV-nv8qq
    @TV-nv8qq 7 месяцев назад +2

    They're sort of backed by Walmart

    • @weso2103
      @weso2103 7 месяцев назад +1

      And USPO too and many more to come in future 🎉

    • @Me2024You
      @Me2024You 5 месяцев назад

      Why you say that

  • @ds2332
    @ds2332 3 месяца назад

    Bankrupt

  • @edgeuplink
    @edgeuplink 6 месяцев назад +1

    aged like milk

  • @MrRaulstrnad
    @MrRaulstrnad 4 месяца назад

    bs it's a scam

  • @Mickey_Bauer
    @Mickey_Bauer 5 месяцев назад

    Up 50% today with no catalyst! Squeeze?

    • @TV-lo3rv
      @TV-lo3rv 5 месяцев назад

      is it ok to buy now

    • @Mickey_Bauer
      @Mickey_Bauer 5 месяцев назад

      @@TV-lo3rv I don't know, i'm the wrong person to give you an investment advice.
      I love the car, i love the vision, i love the potential, i find Canoo very interesting long term but it's very risky. I hope they survive.

    • @Mickey_Bauer
      @Mickey_Bauer 5 месяцев назад

      @@Troca. that was the day or two later.
      On this day, there was no news at all.

  • @weso2103
    @weso2103 7 месяцев назад +9

    Stock market is having hard time, due to what’s his name again, Joe Biden geez 🙄 😢
    After Trump get back, Canoo will go to moon!!!!
    LFG!! 🎉

    • @mnsawmill2904
      @mnsawmill2904 7 месяцев назад

      Trump thinks all EV are made in China...

    • @ewilliamsz2099
      @ewilliamsz2099 7 месяцев назад

      Trump hates electric vehicles and vows to kill it

    • @allancheli
      @allancheli 7 месяцев назад

      Not Biden’s fault because he’s just a puppet suffering from alzheimer’s. Bad decisions are being made by his liberal handlers, Obama and Hillary.

    • @heinzhinrichs9409
      @heinzhinrichs9409 7 месяцев назад +2

      4 replies, where are they? Removed by YT? Censoring replies?

    • @anxiousappliance
      @anxiousappliance 7 месяцев назад +7

      Apart from reaching record highs ....Seriously - it is right in front of your lying eyes...what is wrong with you?