Long
RMO is way oversold
- Initiation from MS last week was lame
- Been oversold for the last couple weeks
- Borgwarner owns about 20% of RMO's stake and recently they just bought Akasol which is basically a lithium-based battery manufactory -> Leads to me an idea that, Romeo will partner with Borgwarner to produce Romeo-tech-kind battery at a massive scale. Expecting news soon!
- Volume picked up a lot last Friday, which makes me believe that this will curve up quickly when news out.
- Squeezes have been open for multiple weeks now, they are due to a release very soon.
Just my personal idea, not a financial advice, btw.
- Been oversold for the last couple weeks
- Borgwarner owns about 20% of RMO's stake and recently they just bought Akasol which is basically a lithium-based battery manufactory -> Leads to me an idea that, Romeo will partner with Borgwarner to produce Romeo-tech-kind battery at a massive scale. Expecting news soon!
- Volume picked up a lot last Friday, which makes me believe that this will curve up quickly when news out.
- Squeezes have been open for multiple weeks now, they are due to a release very soon.
Just my personal idea, not a financial advice, btw.
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