STI: The Lowdown

Updated
What's the Deal? Solidion Technology's all about next-gen batteries – think solid-state, lithium-sulfur. They're aiming high, targeting stuff like eVTOL aircraft.

Entry: $2.94
Take Profit: $3.95
Stop Loss: $2.22
Shares: 500

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Numbers Talk: Sitting at a 38.72M market cap with a last close at $2.70, but it's been a roller coaster. Revenue's at 19K with a net income chilling at -4.76M. It's not just about the numbers; it's about what's brewing under the hood​​​​.

Recent Buzz: They bagged 3.85M in a private placement, hinting at some investor confidence or intrigue. Plus, their lithium-sulfur tech could be a game-changer for air taxis and more​​.

Watch Out: The stock's like a wild ride at the amusement park – thrilling but not for the faint-hearted. Revenue took a nosedive by over 76% this past year, and shareholders saw some dilution action​​.

Straight Talk
Bull Case: If you're all about betting on futuristic tech and have the stomach for some turbulence, STI's got the ambition and the innovation to potentially make waves.

Bear Case: High volatility and recent financials could make some investors pause. It's not for everyone.

Bottom Line: STI = high risk, potential high reward. They're doing some interesting stuff with batteries, but remember, it's not just a smooth sail. Do your homework before diving in.

Remember, always DYOR (Do Your Own Research) before making any moves. Keep it cool, and happy trading!

Note
Update, whoa almost hit my target profit taker today. Still not a lot of volume but looks like some squeeze action. Some news release might really give this some legs
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