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The Final Stretch? Canoo Is Running Out Of Time And Options (NASDAQ:GOEV)

December 18, 2024
in Market & News
Reading Time: 2 mins read
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The Final Stretch? Canoo Is Running Out Of Time And Options (NASDAQ:GOEV)
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Investor based in Geneva, Switzerland. Follow me on Twitter @GenevaInvestor for daily macro & investing nuggets. I write about macroeconomics, global trends, and what I believe are asymmetric investment opportunities in the market. I have a Master’s degree in Business Management. I am currently bullish on PLTR, US equities, MSTR, AMZN and Bitcoin. Friend “Rex Investing” is also a contributor to Seeking Alpha. All opinions and analysis are exclusively my own.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

This article is for informational purposes only and does not constitute financial advice. Shorting stocks carries significant risks and can lead to losses exceeding the capital invested. While I believe Canoo is in significant financial distress, a single positive catalyst—such as securing new financing—could temporarily boost the stock and result in substantial losses for short sellers. I strongly recommend that only experienced investors consider any trade on Canoo at these levels.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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