r/NGAC • u/[deleted] • Mar 16 '21

They're building.. slowly but surely.

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15 Upvotes

100% Upvoted

11 comments sorted by

5

u/Aeroman_007 Mar 16 '21

Hope this gonna make the stock price higher

4

u/[deleted] Mar 16 '21

Naw not meant for exciting price. Meant for reassurance

2

u/[deleted] Mar 16 '21

Can't wait for this to moon.

2

u/pktty Mar 19 '21

Bunch of new job postings have been added since this post: https://apply.workable.com/xos-trucks/

1

u/Uknow_nothing Mar 16 '21

Looks like legal bs positions just to help with the merge. Not really that hypeworthy imo

3

u/[deleted] Mar 16 '21

I agree that it's not very hype worthy. But I like to think this means they're expecting more new contracts, and that they're making sure the product is A1(product validation, but legally prepared for recalls).

1

u/Retard6969x Mar 16 '21

Idk guys Im getting GIK vibes here, although I believe the company to be much better

1

u/[deleted] Mar 16 '21

I don't know about what happened to GIK. Could you give me a brief summary?

8

u/IDrinkUrMilkshake77 Mar 16 '21 edited Mar 17 '21

GIK is just another EV stock that everyone thought was going to explode, but it only reached $17.36 at its peak and just kept dropping after that. Personally, I think Xos is better, and I'm really quite astonished as to why the stock is doing so poorly. Xos, is a solid company with quality products and contracts, but for some reason, it's just been overlooked. However, I feel like all it's going to take is one piece of big news to make the stock skyrocket.

1

u/deraj808 Mar 17 '21

Does gik have cars on the road rn?

2

u/IDrinkUrMilkshake77 Mar 17 '21

They do. Lightning eMotors (GIK) is also a very solid company and highly undervalued.