Jun. 24 at 6:35 PM
$WRD WHAT IS WRD SIGNALING?
1. Selling to end the misery of holding WRD to keep very large losses from growing larger.
2. Selling ahead of a disastrous Q2 report, worse than Q1.
WRD lost 28% since its Q1 reported where WRD fell 15% on the report. If Q2 revenue is that bad on the R&D spend it has, WRD sees
$2. Someone always knows?
3. Solid rumors with wide media coverage of a potential 4400MM robovan spinoff.
Moreover:
WRD is 24% below its buyback cost avg on more than 30MM shares bought back and that's devastating,
34% below the China Car Show news in April on Lenovo 200K AV builds and WePilot going into multiple OEM vehicles,
31% lower on three PR for the rollouts into Madrid, Slovakia and Zurich,
13% below its 7 time tag of its former all time low level before WRD crashed 13% more in the past 3 days.
How can you make any of that make sense?
Tony did two Blooomberg interviews since March, one last week, where he spoke about WRD being severely undervalued, by 40X to WAYMO.
Talk Tony.
