@stockprobe Hey, Thanks for the reply. EvGo stock is further going down. I have 450 units at a loss of $580, a purchase price of 4.48. What do you think about it in the short term and long term. I am seeing mixed signals and confusion. Should I exit or wait for the next earnings and then exit.
@@sunsshine I'm not sure of EVgo's long term because of how new their eXtend business is and that making up most of their revenue in Q2. Not much history for eXtend yet & seemingly only 1 main customer (Pilot)
Up to you. I've personally never owned CHPT. I'm not as confident in their future as I am with some other companies. I'm not sure where CHPT stock will go in the coming months & years. I expect they'll need some additional funding prior to profitability. If they can get that, they might do well in the long-run. But still risky.
I'm an amateur bro but what I've noticed with history is that most companies that are megas right now started off rocky like this and average class people were scared out of investing in these companies for fear of losing hard earned money while the now filthy rich azz holes who scared them off invested thousands on these struggling companies and now they are millions/billionaires
@@t_moneygaming6426 all the most successful businesses started out smaller than today. But not all smaller businesses will become the most successful. A business' future success always depends case by case.
Very well explained, thanks. As far as I understand, Chargepoint have focused on having a very well designed, user friendly and reliable product. That should count for something, re purchasers deciding which charging station to install. If CHPT can start to make profit out of each install, then the future could be bright. They are certainly brave in the attempt, having such a market leading position in USA and Europe. in the EV space... I do have some shares in CHPT, as I also have in a newer EV car company and a Solid State Battery research company. Fingers crossed one or more will make it big. In for the long haul with all of them .... they make it big or they dont ... no selling the shares. This video tour of Chargepoint factory from May 23, looks very encouraging th-cam.com/video/Fyik_5N8tFE/w-d-xo.html
ChargePoint does seem to have decent products. All about getting gross profit above operating expenses at the moment. I do like ChargePoint's production scale. Economies of scale may play a sizable role long-term. I'll have to give that factory tour a watch! Glad you enjoyed this video!
You are a great inspiration. I never put much time into reading income and balance sheets.
Thanks! I'm glad you enjoyed the video.
@stockprobe Hey, Thanks for the reply. EvGo stock is further going down. I have 450 units at a loss of $580, a purchase price of 4.48. What do you think about it in the short term and long term. I am seeing mixed signals and confusion. Should I exit or wait for the next earnings and then exit.
@@sunsshine I'm not sure of EVgo's long term because of how new their eXtend business is and that making up most of their revenue in Q2. Not much history for eXtend yet & seemingly only 1 main customer (Pilot)
@stockprobe Thanks for the reply. I will likely exit EvGo whenever it goes a little bit up. It doesn't fervor investors' confidence
Good video. CHPT is a beast
Thanks, glad you enjoyed it!
28mln loss in asset value. Shame on them
Nice update on Chargepoint sp! 🙂
Hope they make it.
Thanks! Glad you enjoyed.
Shame on the executives of this company.
There is no earning they are just fooling every one I lost be careful don't invest
So $100+m CASH is sitting in Account Receivable & Inventories, both combined went up by around $130m..
Definitely a lot sitting in those assets
What is the deal with CHPT labelling Q2 2023 as being Q2 2024? that's disturbing.
Fiscal years are named by the period's end. ChargePoint's fiscal year ends January 31st.
What do i do ride it out
Up to you. I've personally never owned CHPT. I'm not as confident in their future as I am with some other companies. I'm not sure where CHPT stock will go in the coming months & years. I expect they'll need some additional funding prior to profitability. If they can get that, they might do well in the long-run. But still risky.
I'm an amateur bro but what I've noticed with history is that most companies that are megas right now started off rocky like this and average class people were scared out of investing in these companies for fear of losing hard earned money while the now filthy rich azz holes who scared them off invested thousands on these struggling companies and now they are millions/billionaires
@@t_moneygaming6426 all the most successful businesses started out smaller than today. But not all smaller businesses will become the most successful. A business' future success always depends case by case.
Why this stock is falling day by day ?
I think investors are worried ChargePoint will need to raise more funds prior to profitability (which will probably be expensive in this market)
അറിഞ്ഞില്ലേ കമ്പനി പൂട്ടിന്നു തോന്നുന്നു. ഇട്ട ഫണ്ട് ഒന്നും ആർക്കും കിട്ടുന്നില്ലന്നു ഒക്കെ പറയുന്നു 😢😢😢😢
No nk
Very well explained, thanks. As far as I understand, Chargepoint have focused on having a very well designed, user friendly and reliable product. That should count for something, re purchasers deciding which charging station to install. If CHPT can start to make profit out of each install, then the future could be bright. They are certainly brave in the attempt, having such a market leading position in USA and Europe. in the EV space... I do have some shares in CHPT, as I also have in a newer EV car company and a Solid State Battery research company. Fingers crossed one or more will make it big. In for the long haul with all of them .... they make it big or they dont ... no selling the shares. This video tour of Chargepoint factory from May 23, looks very encouraging th-cam.com/video/Fyik_5N8tFE/w-d-xo.html
ChargePoint does seem to have decent products. All about getting gross profit above operating expenses at the moment. I do like ChargePoint's production scale. Economies of scale may play a sizable role long-term. I'll have to give that factory tour a watch! Glad you enjoyed this video!
😅
Ur mom