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ORGN- maybe worth a look

Posted on 8/20/21 at 8:51 pm
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 8/20/21 at 8:51 pm
Chart is set up beautifully with a nice double bottom pattern (hopefully! ), it just de-spaced a while ago and got massacred. CEO and other key management just purchased more shares.

I started a position this week at $5.35. Another high risk but potential multibagger play to consider in your very speculative bucket. Article linked below has a decent explanation of the investment thesis.

LINK
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 8/20/21 at 9:13 pm to
It is interesting - I day traded it a week or so ago when it was low 5 and the. Sold at 6ish.

I do like the long-term potential …. It is just long-term.

I am Worried that I’m to speculative as a whole which is the only reason I haven’t held it
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 8/23/21 at 9:48 am to
Running pretty nicely this morning…
Posted by adupy
Mandeville
Member since May 2009
67 posts
Posted on 8/23/21 at 2:17 pm to
I opened up a little position this morning, to keep it on the radar.

So far so good.
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 8/23/21 at 3:18 pm to
Yeah I started with a small position but added a ton Friday and today so it's my #3 position behind SLI and NVVE now...
This post was edited on 8/23/21 at 3:19 pm
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 8/23/21 at 4:17 pm to
PR after the close, company director bought $120K worth of stock
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 8/24/21 at 9:31 am to
Up to $6.55 this morning... This kinda reminds me of a more polished SLI without having to wait around for the freakin Germans...
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 8/24/21 at 1:08 pm to
Jumped in!
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 8/26/21 at 9:15 am to
Just hit $7. I'm just going to pretend it's stock symbol is SLI....
Posted by BlastOff
New Orleans
Member since Feb 2016
764 posts
Posted on 8/26/21 at 9:43 am to
Dipped to $6.81...decided to dip myself, 150 shares, why not?
Posted by bayoubengals88
LA
Member since Sep 2007
18869 posts
Posted on 9/21/21 at 8:53 pm to
I can't wait to buy 3,000 shares of this one.
We seem to have similar investing philosophies

I don't mind a 3-5 year wait as I accumulate for a 10x or more return.

They've got the product and the deals.
Question is, can they produce enough to keep up with demand?
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 9/21/21 at 9:02 pm to
Yeah I’m kinda second guessing myself as to if I should do more swing trading in my Roth accounts on all my stocks frankly. NVVE in particular is just a pinball between 10 and 14. But I gravitate towards these longer term holds on companies I think present a compelling value proposition to society and the market. I suck at timing the market but in hindsight swing trading sure looks good sometimes.

Take a look at ASTS… only appropriate for a small position given the extreme risk, but if their tech proves out it’s a 50+ bagger.
Posted by bayoubengals88
LA
Member since Sep 2007
18869 posts
Posted on 9/21/21 at 9:38 pm to
quote:

Take a look at ASTS… only appropriate for a small position given the extreme risk, but if their tech proves out it’s a 50+ bagger.

Just read an article. Damn. Is Cathie in this one?
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 9/21/21 at 9:41 pm to
No she had to save space in her ARKX space fund for John Deere and Netflix.

I have about a 30% allocation to space in my portfolio, am heavily invested in RDW, medium size position in ASTS, then smaller positions in SPIR and MAXR. SPCE is junk, don’t touch that one.
Posted by bayoubengals88
LA
Member since Sep 2007
18869 posts
Posted on 9/21/21 at 9:46 pm to
So you're all over these SPAC deals...
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 9/21/21 at 9:53 pm to
Yes, for better or worse. Thankfully I bought into almost all of them this spring or summer after SPAC’s had already been slaughtered. My average cost for NVVE is $8.60 and ASTS is $9.25 for example. SLI, BRPHF, and MAXR are the only non SPAC stocks I’m in.
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 11/10/21 at 11:46 am to
bump on this thread. Earnings call up later this week and expecting offtake agreements to be north of $5B (compared to $3.5B currently). Also would not be surprised to see expedited timelines for construction of Origin 2 and Origin 3 plants.

It's kind of opposite of SLI... price has been dropping long term but plant construction is way ahead of schedule.
This post was edited on 11/10/21 at 11:48 am
Posted by Black n Gold
Member since Feb 2009
15405 posts
Posted on 11/10/21 at 11:49 am to
quote:

Earnings call up later this week


I jumped in at just under $7. Know which day the call is?
This post was edited on 11/10/21 at 11:52 am
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 11/10/21 at 12:10 pm to
Thursday
Posted by SmackoverHawg
Member since Oct 2011
27318 posts
Posted on 11/10/21 at 2:52 pm to
IN and in again. Let's ride.
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