Romeo Power (RMO) Share Chat

any reason as to why requests take so long ? would love for this to be added like yesterday :laughing:

212 just ask IB to add it, freetrade have to run around and do all the background stuff, then pick a logo and a witty description. These things take time.

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Its @ $20 already. Nice.

Pls add! $RMO big promise :fire::fire::fire:

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Tells us a little bit about them

They design and manufacture lithium-ion battery modules for commercial vehicles. Founded in 2016 headquartered in CA.

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There seems to be a lot of controversy surrounding Romeo Power at the moment. Shares are currently below $10.

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Original 2021 revenue forecast at merger time was $140m.
Fast forward to March this year and the number was $18-40m.
Reality check.

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Wow big drop

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I assume that’s why down so much, but wonder how long term projections are, if it’s still worth holding on to this one?

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@AntonZ Finished down at $7.68 today. I heard shares have been valued at around $10.

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Lawsuit

Insider recently sold US$8.3m worth of stock

On the 29th of June, Michael Patterson sold around 1m shares on-market at roughly US$8.30 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. ~ SimplyWallSt.

Can this go any lower :cry: every day I think it can’t but it does :sob:

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Yes, it has. Again and again!

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Some upward movement today, Let’s hope something is happening :+1::pray:

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Could be due to a general upward trend in the stock market I think.

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