May. 22 at 7:18 PM
$NWTN NWTN — One of the juiciest short setups out there right now.
🚨 No 20-F filed. Deadline was May 1, extension expired May 16… still nothing. How hard is it to count your losses?
⚠️ Nasdaq delisting notice already sent. They’re “appealing” — translation: buying time.
📉 2023 =
$115M net loss on
$37M revenue. 2024 numbers? Who knows… they apparently don’t.
🤡 Admitted material weaknesses in financial controls and not enough qualified staff to even file a report.
💀 Down almost 90% YoY. 52-week low at
$1.02 and flirting dangerously close again.
🎯 Perfect squeeze-bait pre-market, but in the end — gravity always wins.
Short and hold. Fundamentals are garbage, sentiment worse, and regulators watching. This thing’s living on borrowed time.