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AYRO

Ayro Possible inverse Head & Shoulders detected within a C&HNASDAQ:AYRO has a lot of potential as an American Company focussing on a niche. Now everything starts opening up post Corona era, it should be able to sign contracts and start delivering their EVs. Also at February 11th they had entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 4,400,001 shares of the Company’s common stock, at a purchase price of $9.50 per share, in a registered direct offering priced at-the-market under Nasdaq rules. In addition, the Company granted to the investors in the offering the right to acquire an aggregate of 3,300,001 shares of the Company’s common stock at a purchase price of $11.50 per share until the one-year anniversary of the closing date of the offering. The closing of the offering is expected to occur on or about February 16, 2021, subject to the satisfaction of customary closing conditions. The gross proceeds to the Company from this offering are expected to be approximately $41,800,000, before deducting financial advisory fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.
NASDAQ:AYROLong
by MLinv
Market front runner industry (EV makers)seems exhausted ..!Without any doubt EV makers and their investors were the winners of market since March 20th, 2020. But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed. IMO: Future belongs to clean energy companies, but in short-mid term we will experience a correction at least in the ticker symbols with +1000-2000% gains. Since most new traders and investors get involved in EV rush in the past year, there is a strong feeling of market crash..! We shouldn’t forget price corrections between 30-50% is quite common among the front runner EV makers, it happened before, so there is a high chance of reoccurrence! Please take your time and review my previous analysis on WORKHORSE, TESLA, NIO,... Moshkelgosha
NYSE:NIOShort
by Moshkelgosha
20
AYRO as a Investment . Hello Traders, We saw massive hype on EV sector and finally its cooling off not with every company but I think daily traders and short term investors did get out in profits or became bag holders . My idea here is that hype will come back and getting some shares with these prices its safe investment , Its not a trading idea ( but you know what they say BUY low sell HIGH ). In my opinion next wave will be bigger some people will sell and some will add more . Therefor I don't have target on this play and I know that I will probably will not catch the bottom or sell the top, But I'm starting accumulation here with small size portions and longer time frame scenario. Taking in to consideration current over all market scenario it could be rocky and unpredictable (As always) but in same time companies like this have a good longer time opportunities to grow in my opinion , Share your opinion . See you next time,
NASDAQ:AYROLong
by PTO