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Originally Posted by RunKC
Am I crazy to think this stock could be at 200 in a year and a half to 2 years?
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Sure, I guess it could, the EV/Green industries are in a completely speculative bubble. Like the tech bubble, at some point it will end. Nio seems interesting, from the bit I know it's got a 70 billion dollar valuation at current levels. That's Goldman Sachs level. Ford has millions of car sales and is valued at 35 billion. GM around 60 billion. A ton has to go right over a lot of years for that to end up working out.
Almost all of these companies are being priced like they will be a winner but reality is that only a few will be left standing or doing well to the extent they are being bid up too.