The stock has jumped massively due to the fact that only 1% of the shares are floated. They're currently valued at 86b dollars and they only sold 24000 cars. Their cars are also completely shitty too according to reviews. They say they also plan on releasing more shares within 6 months. This is like those other american EV startup scams/failures except it's even more obvious it'll fail. All vinfast does is contract out their design to someone else and somehow manufacture it. They have had zero prior experience in manufacturing.
Too bad I just looked it up and there are currently no options yet. However, it's obvious it's being manipulated big time. Discuss? Ideas on how to play this?
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