View Single Post
Old 03-24-2021, 06:23 PM   #846 (permalink)
redpoint5
Human Environmentalist
 
redpoint5's Avatar
 
Join Date: Aug 2010
Location: Oregon
Posts: 12,467

Acura TSX - '06 Acura TSX
90 day: 24.19 mpg (US)

Lafawnda - CBR600 - '01 Honda CBR600 F4i
90 day: 47.32 mpg (US)

Big Yeller - Dodge/Cummins - '98 Dodge Ram 2500 base
90 day: 21.82 mpg (US)

Chevy ZR-2 - '03 Chevrolet S10 ZR2
90 day: 17.14 mpg (US)

Model Y - '24 Tesla Y LR AWD
Thanks: 4,213
Thanked 4,391 Times in 3,365 Posts
Quote:
Originally Posted by freebeard View Post
You do know about Scott Adams' process-over-product? What Arcimoto have is Mark Frohnmayer, Sandy Munro and Galileo Russell, plus a Federal tailwind.
I'm not up to speed on Mark, but a process that makes hundreds of vehicles in a year doesn't sound like a good one. I enjoy Sandy's perspective on things, but the value of his company is in his employees (and process), not on his own insight so much. Federal tailwinds are temporary, and at best can only distort a market for so long until reality exerts her will.

Quote:
Originally Posted by freebeard View Post
I was telling the peeps at Arcimoto I'd be buying their stock if I could walk in and throw down cash in their office. When it was at $.97/share.

Apparently you can't do that.
Buying stock after IPO doesn't directly affect the company itself. Pushing the stock price up isn't going to build more cars, or add any funds to do so. It's a shell game post-IPO.
__________________
Gas and Electric Vehicle Cost of Ownership Calculator







Give me absolute safety, or give me death!
  Reply With Quote
The Following User Says Thank You to redpoint5 For This Useful Post:
JSH (03-24-2021)