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Sunday, May 19, 2024

Nano One: Forget Rivian, This Lithium Stock Is Undervalued - Seeking Alpha

Last updated Wednesday, November 17, 2021 11:25 ET , Source: NewsService

Summary

  • Mr. Market is both irrational and uninformed: This presents opportunity.
  • Multiple automotive companies are now in partnership with Nano One. This represents tremendous opportunity.
  • Nano One pulled out of China and then a Black Swan event occurred in the U.K. It is our opinion this is a nothing burger.
  • The company is hinting where some future efforts might be for Nano One concerning the North American market.
  • Investors need to step back and take a long term view of the EV market. Ask: Does long term outlook compel investment in Nano One given its partnerships?

Mr. Market Is Both Uninformed & Irrational

Mr. Market is a peculiar man. He is short sighted and often lacks information. He tends to trade on emotion and/or misinformation. He mostly looks to the short term and does not have the ability to peer into the future. We can profit from this.

The main take away of this article is the recent events surrounding Nano One (OTCPK:NNOMF) amount to little when you view the company from a longer time frame. Dare to ponder that Nano One has three potential automotive deals in place. Ask yourself what happens if just one of the three blossoms into a stream of revenue?

Nano One: A Hard To Understand Stock

Nano One is not a simplistic stock like a typical lithium miner. They are complex and have several deals that are not fully transparent as NDA's are in place. This muddies the waters. For some clarity on what Nano One actually does please view: The Nano One One-Pot...



Read Full Story: https://seekingalpha.com/article/4470256-nano-one-forget-rivian-this-lithium-stock-is-undervalued

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