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Message: Re: Shorters zig zagging the price down on Electrovaya

"We need better sales numbers, more profit and more volume to combat this piracy.  That's the easiest solution.  Unfortunately, our new quarter numbers don't come out until early August."

 

Borelly, thanks for the alert. I've been getting the sense like someone(s) have been wanting to drift the price lower. Shorts increased again in the 2022-06-15 report. If what you say is true, that is worisome and EFL hasn't been doing much to counteract it. I appreciate posts showing EFL is hiring and the fact they have $25mil in backlog but unfortunately, their quarterly numbers STILL suck, plain and simple. They need to get their schitt together and start acting like a company with traction and growth. Not just hype Q after Q. What we also need is the Reddit Gamestop crowd to come mess with the shorts. 

If EFL doesn't start giving us some real solid sales/revs, anything can be manipulated in this low volume illiquid environment. I'll still hope that Sankar gave up the CEO role to Raj at an inflection point where we finally start to move up from here. Another Q of poor revs will be a big problem.

BTW, what is the yahoo group link. Didn't know there was one. Would be interesting to follow these rebels. As you said, led by an adult. Probably the "shrimp", "chief engineer" or any of the other dozen names he used in his bitter attacks through the years.  

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