CAN #ACHR ARCHER AVIATION EXPLODE TO THE UPSIDE?

Published: Aug 21, 2024 Duration: 00:07:22 Category: People & Blogs

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hey welcome back everyone this is Uncle Frank and I am not a financial adviser nor is any of the content to be construed as Financial advice this channel is for entertainment purposes only [Applause] [Music] [Applause] [Music] George [Applause] Bo [Music] JY Jan his wife [Music] that's right Traders flying cars are here those of you who own this stock are in on the ground floor but barely anyone out there knows about this play I only see two posts on Reddit from three years ago this 1.3 billion doll company has a $6 billion order book has FAA certification and started out the day at a low of 362 got to his high as 385 closed at 382 up 20 cents or 5.52% and then finished the after hour session at the day high 385 adding another 79% to an already solid day the excitement started with an article from bar chart titled one strong by penny stock with 142% upside potential this is not investment advice I am not an investment adviser I will never tell you to buy sell or hold any security or cryptocurrency but I believe by 2025 you will see these in the skies in major cities across the us from the article last week Archer delivered Ed its first midnight aircraft to the US Air Force and ined a contract valued it up to 142 million Archer believes the midnight aircraft will provide a safer more coste effective and quieter alternative to Legacy internal combustion engine options armed with vertical takeoff and Landing capabilities the aircraft is ideally suited for military Aviation operations Archer and future flight global mob also signed a memorandum of understanding to purchase up to 116 midnight aircraft worth up to 580 million increasing the company's orderorder book to almost $6 billion automobile giant stellantis is one of the biggest investors in Archer last week stellantis announced it would invest up to 400 million in the urban aircraft manufacturer to help scale archers midnight manufacturing to 650 aircraft annually the investment will also cover manufacturing labor costs and certain Capital expenditures at archers Georgia manufacturing facility through 2030 to date stellantis has invested roughly 300 million in Archer some of Archer's Big Ticket investors include Aviation companies such as United Airlines and Southwest Airlines since the end of quarter 2 of 2024 Archer has secured 230 million in additional Equity Shoring up its liquidity position what is the price target for Archer Aviation Archer is well positioned to transform Urban travel replacing 60 to 90minut commutes by car in traffic with an estimated 10 to 20 electric air taxi flights out of the seven analyst covering Archer stock five recommends strong buy one recommends moderate buy and one recommends hold interestingly no analysts are bearish on the small cap Aviation stock at the time of this recording I have Max Payne for Archer at 350 for the August 23rd expiration and I see 250,000 shares available to lend in short at a cost to borrow fee of 22.6% yesterday all the major indexes closed in the green uh crude oil remains under 75 at 7183 and gold remains over 2500 at 24940 moving to Yahoo's most shorted stock screener I have filters set region us price in day greater than a dollar average volume over the past three months greater than 200,000 and the exchange is set for the New York Archer is the 28th most shorted stock on the New York so to answer your question yes the predatory short hedge funds are dumb enough to short a company with this much potential from fintel.io I see short interest at 61 m110 th000 shares short interest ratio elevated to 7.24 days to cover and short interest interest as a percentage of float stands at 2747 per. interesting headline from yesterday afternoon the labor market added 88,000 fewer jobs than earlier reported here's what experts say that means no that's okay experts I know what it means it means I can't trust you I can't believe in any aspect of this particular government a minute longer but to be fair I will share one explanation one reason for the bigger than usual revision could be that new data excludes unauthorized immigrants since the qcw is based on unemployment claims which would exclude people who don't have legal status as they typically do not qualify for benefits according to Goldman Sachs and all that means is I can't trust you with our border security either hey I want to thank you for watching and please remember to hit the like button after this slide if you enjoyed the presentation subscribe to the channel and set the alert so you're notified when I have new information to share see you at the Bell

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