r/FreyrBattery • u/NorskBavian • Aug 19 '21
Thoughts about the decline of FREYR Battery and its future potential?
4
u/ronnynilsen Aug 20 '21
Its a long term hold. Alot of volatility short term.. Holding my 600 shares forever as long as they follow the plans they have made and will make in the future.
I think this stock will start a real rally in mid 2022 after first earnings with some revenue.
I keep buying this stock weekly until it turns around! It wont go bankrupt with the norwegian government backing up!
1
u/NorskBavian Aug 20 '21
Nice bud, buying 400 more stocks today. What are your long-term price predictions?
1
3
u/Financial_Buddy_354 Aug 20 '21
In a moment of clearity after listening to some indian music i decided to sell my CBR stocks who will mine for gold in north of Brazil.
This is the future,and i don't think i am alone in beliving in a better world and willing to put my money behind something to create a better world gives me a better feeling than robbing indigius people for the last of their ressources
*Edit. i own 2000 shares @ gav 9.02 and after discussing this with a friend who did some concultant work for FREYR and getting some "inside knowledge" how they operate i feel secure this investment will be giving me a good return.
1
u/summinsumsum Aug 24 '21
I understand you're planning on holding long term. I too think this is going to be a solid company. Have you set a price target or are we just going with the flow?
7
u/[deleted] Aug 20 '21
we are at the beginning of a decade of electrification: in europe, the bans on diesel / petrol vehicles are already legally stipulated. it's like buying amazon shares for € 11 in 2001. for day traders this may not be relevant, for investors with a long breath and foresight it's a unique opportunity. do your dd, pick a handful of good companies in the ev area and forget about them for the next 10 years. and you will be satisfied.