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Originally Posted by JoeyBananaz18
Does anyone else feel that with the switch over to electric cars, CF is a good area of investment? I know bmw has invested in SGL. Since then their stock price has come down drastically (drastically meaning I'm glad I didn't put money into sgl when they first got together, but now might be a good time). Thoughts? Sgl's ticker is SGLFF. Would love to know a traders take on this.
Edit: lol just read the inext won't rely on cf as much as the i3 and i8 did and sgl cut 500 jobs just last month. Sometimes I feel like Mush from a Bronx tale- don't go where I put my money
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BMW sold their interest
Not a surprise SGL laid people off given our current COVID ridiculousness