I am letting my company do its thing and ship out cars finally after about nine years of waiting.
I bought 15K shares a long time ago, well about two years ago now, but it feels like a century of waiting as the price kept sinking.
It would be amazing if I can recoup what I lost, but I’d even be happy getting back a 4th of it at this point. For me to do that the price would have to hit the $2 mark, actually that would give me almost a third of my losses back. The HVAC contractor friend of mine was working on the cars and told me that they have a whole different level of heating and cooling systems in these cars and that they are an ultra luxury type of car. With a price tag of over $300K this car is going to be for the very rich only I would imagine. The air con system in the car runs a different way and it is supposed to never need a cooling system charge, something my old beaters couldn’t fathom. I wonder if it will ever reach the $21 price it hit two years ago when I bought it at the worst time. I listened to my cooling tech buddy and bought 15K shares, spending over $300K on the sinking ship stock after the advice of my HVAC supplier. He lost a lot more, close to a million bucks, but it doesn’t make me feel any better about losing a pile of my hard earned HVAC worker savings.
