Archer Aviation Inc. stock forum
ACHR long for 60 yrs works well
ACHR hits $10.60 tomorrow then pulls back to...?
ACHR this stock will go up and then crash immediately. Happens all the time. People really try hard to suppress this stock.
ACHR PAMP IT. It's about time. Let's hold 10 going thru the wknd
ACHR tonite we fly...🪖ACHR pumpin' time.I really like this stock based on everything it can be and everything it is now...🙏
ACHR I will be purchasing tonight.LFG🚀
ACHR Now would be a good time to buy the dip...institutions loading up
ACHR OPINION: looking ahead to pre earnings - I think we’ll see the shorts come out slightly on top over the next few weeks. Bullish momentum is stopped cold in its tracks awaiting new updates or catalysts.
Roughly a 16% short float isn’t huge but there doesn’t seem to be enough bullish sentiment yet to move higher, therefore I think the price action will likely start to erode lower to key support levels until we hear something awesome.
No news surrounding the production stats from the new facility in Georgia or order book fulfillment, atleast that I can find. Lack of coverage or information on this should make earnings more volatile but with significant uncertainty leading up to it.
The good news is that despite this lull, price is holding 8.86 support levels very strongly. Possibly Indicating large bullish predictions awaiting confirmation, this also comes with higher expectations and could lead to a larger sell off if not met.
I imagine this will be the case for all earnings calls for the next few years as ACHR races towards profitability.
At the foundation of all of that, my overall thesis is that analysts from Large institutions are latching on to ACHRs strong financial position as a hedge to risk, with their partnerships with Stellantis and Anduril being the fuel to meet or exceed expectations of fulfilling the order book and established aviation companies endorsing ACHR’s Midnight product.
I think this is very rare for a technology as innovative as this, where the company is well financed, well connected and can sustain operations while losing money for years.
Hence why I’m long as well. If it’s good enough for Wall Street, then it’s good enough for a dumb retail investor like me.
I appreciate all comments, feedback and opinions!
Cheers!
ACHR buy…buy…buy and let’s get this bread 💰