ADOMANI, Inc., a development stage company, designs, manufactures, and installs zero-emission electric drivetrain systems for fleet vehicles. Its products would include electric drive shafts, controllers, batteries, and battery management systems that would allow a fleet manager to convert motor vehicles from internal combustion operation to all-electrics or plug-in hybrids. The company was founded in 2012 and is headquartered in Orange, California. Company website - http://www.adomanielectric.com O/S = 68.07 Float = 37.55M Institutional Ownership = 2 (725 shares) ADOMANI, Inc. to Ring the Nasdaq Closing Bell on Thursday July 6, 2017; Boustead Securities Client Celebrates World's First IPO on Nasdaq Under Reg A+ - http://m.nasdaq.com/press-release/a...017-boustead-securities-client-20170628-00970 ADOMANI Takes Delivery of First All-Electric Type-D School Bus - https://finance.yahoo.com/news/adomani-takes-delivery-first-electric-132010603.html Adomani: Electric Buses Are The Way To Go - https://seekingalpha.com/article/4091313-adomani-electric-buses-way-go ADOMANI hosts Delegation from Nantong to Discuss Strategic Entry into China’s Vast Green Transportation Vehicle Market - http://www.globenewswire.com/news-r...Vast-Green-Transportation-Vehicle-Market.html
Recent IPO that has been very good to me so far. Know beyond any doubt that electric is the future and i expect more to come in this sector. Proterra is another IPO that may be coming around the end of this year or next - can read more about it here >> A tiny startup is quietly trying to become the Tesla of buses - http://www.businessinsider.com/proterra-electric-bus-maker-expands-raises-140-million-2017-2
Very interesting - the EV industry is in the news at the minute with Tesla grabbing the headlines. I presume they supply parts to an array of EV companies?
Love this stock - has doubled in last week from lows - up to $13's now. ADOMANI Sees $2.9 Billion in Settlement Funds, from Volkswagen Environmental Mitigation Trust, As Unprecedented Product Funding Opportunity in its Goal to "Help Yellow Go Green!"(TM) - https://finance.yahoo.com/news/adomani-sees-2-9-billion-165500585.html?soc_src=social-sh&soc_trk=tw
How far can this stock go? If they are supplying a lot of the EV manufacturers this could be just the start of the journey. I have researched EVs for some years now and they are here to stay, the market has gone past the point of no return. Price $13.09 @ 17 August 2017
Really don't know the answer and would say somewhere around $18 is a safe bet b/c company doesn't seem to have much in the way of revs etc and it is the beginning of what will be in the future which seems to be the moving force at this point in time.
This is the kind of company which could be snapped up by a larger operator looking to get a foothold in the EV market.
^^ Good question - will do a Goog search later to see but remember reading something about Blue Bird a few months back.
