$MVST Microvast – Set up for a short squeeze!
MVST has been touted on r/wallstreetbets as a meme stock, which are seen as jokes by serious investors. However, when I read up on this company, I found it to be legit. It’s a cutting edge lithium battery company with both a U.S. and Chinese counterpart. The batteries are for electric cars and charge up extremely fast, last longer, more durable, safer. With its Chinese counterpart, it is easier for this company to source the raw lithium, which is mined in China. And now, this company has a high short interest, so now is a perfect time to get in before the short squeeze (potentially gamma squeeze). With so much new hype, this could be the next GME or AMC except the fundamentals are far better, making it a potential long term investment. Amazing Growth Potential · MVST expects to post revenue of $230 million in 2021 and $2.3 billion in 2025. That's 10x revenue growth · Their star product are their lithium titanate (LTO batteries) which can charge from 0 to 100% in...