Long
$FRZA - Electric Boats - Low Float Bottom Play - 7M Total Shares
High of $14 during the IPO process and now down to $2.82. Original IPO price was $5 a share, so we are almost at 50% discount from the IPO price. They received 15M in proceeds from the IPO. They also have funding from North Carolina government. It is the electric division of VEEE. I am targeting between $4-5 to meet IPO price. It could go much higher if it receives volume. This is a low float and will move very quick if it does (up or down). There is always risk, so please do your own due diligence. This is not financial advice and you should own your own financial decisions. It's smart to set proper stop losses and do not invest with money that you cannot afford to lose.
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