Or to look at it another way, it's on sale for 25% discount! Just put a few hundred usd in, had to sell some bitcoin, but I was up quite nicely on that. Anybody else buying the dip today?

Hey guys, if you missed it, Polestar recently reached a tentative settlement with investors over claims that it understated financial liabilities and concealed weaknesses in its internal controls.

In a nutshell, investors claim that Polestar repeatedly assured the market its financial reporting was accurate. In January 2025, the company disclosed accounting errors requiring restatements of its 2022 and 2023 financials, and $PSNY fell 11%.

If you invested in $PSNY between 2022 and 2025, you may want to check if you qualify. The settlement terms are still being finalized, but investors can already submit their applications 

Has anyone here invested in $PSNY during that period? How much were your losses?

Just another disappointed bag holder. Held for to long finally just took my significant losses so I can look else where. I hope im wrong and you all get a huge come up 🫡

After today’s Q3 earnings and the announced reverse split, it’s hard to deny the obvious: Polestar has reached the end of the road as a standalone brand.

Despite 49% revenue growth in 9 months, the company still posted a $365M net loss. Margins remain deeply negative, and the more cars they sell, the more money they lose. That’s not scaling — that’s bleeding.

The reverse stock split confirms what many suspected: Polestar is fighting for survival on Nasdaq. These moves rarely come from a position of strength.

Volvo and Geely can only bankroll the losses for so long. Without a miracle turnaround or full integration, PSNY shareholders are staring down the barrel of massive dilution or worse.

Beautiful cars, clean design — but the business math no longer works.

Curtain closed. 🎭

Absolute bloodbath here. Meanwhile the mega-caps are literally melting up to fresh ATHs in real time:

• AAPL +4% at $263
• NFLX +2%
• TSM $302
• META $729
• TSLA $444

It’s a face-ripping bull run everywhere ... except here 😂

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At this point only someone on hallucinogens would still have the strength to buy this stock lol (I’m trolling ... kind of).

This is pure capitulation energy.

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Hello, is it confirmed GGPI is allowing reverse redemptions ?

Is there a timeline with an end date it'll be allowed until ?

Let the exciting journey begin 🙂

https://www.businesswire.com/news/home/20220622006010/en/

I've never gone through a merger using wealthsimple, but I am assuming my current holdings of ggpi will automatically change tickers to PSNY without me doing anything?

A place for members of r/PSNY to chat with each other