Feb. 2 at 2:38 PM
$HYLN "recover?"
You're looking at it wrong, which isn't surprising given the bearish rhetoric here.
Hyliion is now a company that is commercializing the KARNO generator. That's a completely different product and business from the old Hyliion that was all about electrifying class 8 trucks.
Don't let @tradersunion353's "
$60 to
$1" mantra fool you. When the stock briefly hit
$58.55, KARNO didn't exist. That price spike was pure SPAC-era hype about electrifying semi trucks.
The highest price HYLN reached since acquiring the KARNO technology from GE (announced August 25, 2022) is
$4.11, which occurred on August 26, 2022. Yes, the next day. The Market has yet to accept KARNO as even a possibility.
So if (when) it hits
$20, in my mind that's not a "recovery." That's a new all-time high for the actual company we own today. Bears charge that my perspective means I'm taking money from management to post here. Understandable given their paranoia.
Different story, different valuation. Simple as that.
