Arrival Group - ARVLF - Share Chat

Never even heard of premarket! Damn newbies, i know !

Personally I’d be really careful with this one, it is behaving like a meme stock and a short squeeze would cause these kind of movements, but it is being shorted for a reason and the market for vehicle makers is going to be brutal this year.

Sadly they are unlikely to survive IMHO but I could be wrong.

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Any adivice to those who maybe lucky enough to be in the green ? Sell ? … sorry, probably should ask opinion as advice seems to be a legal term !

I’d be out if I saw green ) it’s still a long way to go for me with an average of 2.6.
There are no news whatsoever, nothing to explain this except market manipulation.

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Agree tread carefully. Sold out half today for some tasty profit, will decide more near close whether to keep the rest in over the extended weekend. Your either longterm on this or love playing roulette (which i do with this stock at the moment). I expect some news imminently after this huge rise over the last few days.

N ot gonna lie, I was tempted yesterday to place a bet, but that it didn’t end higher yesterday tells me that this short squeeze is not going to materialise. Those who made profits this week: congratulations.

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Been under $1 for quite some time, are they going to be delisted ?

They have until beginning of May. 180 days from notice.

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And peoples opinions wether they will go above $1 by then ? My red is looking worse everyday. Almost wish i hadnt bought back in.

The sudden rise was a short squeeze attempt that stalled. So it is gradually descending to 20p and lower again. This company should never have been listed.

Yikes, might be worth bailing out at current price ?

Electric-van start-up Arrival to cut half its remaining staff

Struggling UK group to shed 800 workers as it names new chief with ‘hard decisions’ ahead

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The only way I see this company survive is it its IP is bought by another company. For the rest I don’t think there is a viable route. Cutting half of your staff when you are supposed to start production is not a sign of good things to come.

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To be fair. Ive always questioned why they had such high staffing numbers in the first place. It was something crazy like 2000 globally. Seemed an awful lot. What were they all doing? Being leaner and cutting staff numbers, if too bloated and not shaped correctly, is not necessary a killer blow. Whilst I really do sympathise for those (anyone for that matter) who will lose their jobs. They need to make these cuts to allow them to stretch current cash flows further/longer. Having a bloated/miss shaped work force could also put potential investors off. Everyone knows arrival needs investment/funding to have any shot of reaching production out in US. If that happens. They have a shot at it. If it doesn’t. That’s more likely to see them wrapping things up. As an investor in this stock for the past year or so. I hope it’s the former :slight_smile:

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Dont think ive been so comfident of a company goijg under tbf

up 10%

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Lol it merely moved 5% when the stock was already dumped 99%

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The Company will conduct its business update webinar after markets close on Monday, March 13, 2023 at 4:30 P.M. Eastern Time. The business update is being held at that time to allow the Company to potentially finalize a transaction which, if consummated, would provide additional liquidity and further extend its runway. The link to register for the webinar can be found at investors.arrival.com under Events.

Unfortunately ridden with the price drops, so guess I’m sticking around until I lose everything or slowly get my investment back. Hopefully this investment is what they need.

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Some further context from Techcrunch

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Anyone able to join the webinar? It was supposed to start as 21:30, by 21:37 the link was not working, saying it was finished. :thinking: quick webinar this time…