If you’re feeling like a high-risk, high-opportunity short sale, I direct your attention to Joby Aviation (JOBY) which just produced a gap price at $16.80.
This company – – which basically makes flying cars, of all things – – has become a white-hot darling of the /wsb crowd.
Need evidence? Take a look at the volume this year. Keep in mind, this company has no P/E since there’s not “E” to speak of, nor has there ever been.
If I may offer another metric: sales per employee. By way of example, the private company OnlyFans has sales per employee of about $37 million.
And JOBY? $67,000.
Thank you for your attention to this matter.
