Listen up, your grand pappy is going to tell you how to double your money (shares) or multiply your money (options) over the next few months. You see, there is this new company HYLN which completed its reverse merger (SPAC born) and ticker change on Friday. It’s set to “IPO” Monday (tomorrow) with the CEO of the company ringing the bell to open the NYSE. Later in the day, he will be live on FOX Business to discuss the company. Right now the front of the NYSE is being draped with a HYLN banner and one of their trucks parked up front for tomorrow.
I will lay it out for you in simplified bullet points below.
- HYLN offers the only functional EV solution for class 8 vehicles (think semi-trucks).
- This is the rare chance to invest in an EV play that does something that not even Tesla can do at this moment. It is much easier to electrify a small box that drives a few people around but to make something with the range, power and efficiency to carry 80,000 lbs is a different story.
- They actually have functional products which are receiving great reviews. See this review by an actual truck driver test driving their product. https://www.youtube.com/watch?v=ws2UyviL2Ec
- Their trucks claim a 0-60 of 20s fully loaded at 80,000 lbs which is just as good as if not better than other ICE options. They also have significant range due to their technology. The cost of ownership is very low as well.
- HYLN benefits from a unique situation. They provide the specialized power trains and handful of other parts for these vehicles. This means they do not suffer from lacking the resources and massive effort needed to mass produce an entire new vehicle from scratch like most new EV startups do.
- They also benefit here because most blue collar truck operators/owners are able to keep something they have been mostly familiar with for years and not have to transition to a completely new creature like a Tesla truck, etc. Most of these drivers want something they already feel comfortable in and are resistant to change.
- They offer multiple options: All electric, Hybrid CNG, and Hybrid Diesel.
- There are deals in place and likely more coming.
- See Wegmans. https://www.wegmans.com/news-media/articles/partnership-with-hyliion-american-natural-gas/
- See 1,000 truck pre-order w/ global logistics leader Agility https://www.hyliion.com/hyliion-launches-fully-electric-powertrain-announces-1000-truck-pre-order-with-global-logistics-leader-agility/
- They made some major moves bringing important people in to the business.
- This includes a former White House Chief of Staff and Secretary or Transportation Andrew Card. https://www.businesswire.com/news/home/20200730005211/en/Hyliion-Announces-Andrew-H.-Card-Jr.-to-Join-Board
- The CFO of Union Pacific Corporation (operates one of the largest railroad systems in US) - Robert Knight. https://www.businesswire.com/news/home/20200917005235/en/Hyliion-Announces-Robert-M.-Knight-Jr.-to-Join-Board-of-Directors
- Has Dana Inc. as lead investor and partner https://www.fleetowner.com/running-green/article/21703564/dana-takes-stake-in-hyliion-in-another-boost-for-electrification
- Hired a lobbyist - The Vogel Group to lobby for issues regarding EV sector https://projects.propublica.org/represent/lobbying/r/301022355
- The timing is great because they benefit from multiple new important mandates by many states and the US to move away from the traditional ICE
- California banning ICE vehicles https://www.theverge.com/2020/9/23/21452825/california-ban-combustion-gas-vehicles-cars-2035
- Coalition of states formed to ban ICE industrial vehicles https://www.denverpost.com/2020/07/19/colorado-transition-to-electric-trucks/
Why now is the time to invest.
HYLN was born from a SPAC (SHLL) and quickly became the king of SPACs due to many of the items listed above as it ran to ~$60. It has since been the victim of quite a few items that has deeply discounted it for currently $40. These include...
- NKLA fallout. NKLA was an EV SPAC, so its fall hurt HYLN. There are many posts your can find on Reddit that describes the vast differences between the two. HYLN is on the far opposite end of the spectrum compared to NKLA. Without going in to major details...
- HYLN actually has functional real world trucks!
- HYLN CEO Thomas Healy is the exact opposite of the NKLA CEO. He even catches hate sometimes for not promoting his business ENOUGH and simply states he wants to focus on building his trucks!
- HYLN has put together a serious TEAM of individuals to make this thing fly.
Other factors that have allowed for you to buy in at a discount...
- SEC comments on SPACs a few weeks ago caused major SPAC selloff. Good news, this is not a SPAC anymore, its HYLN!
- A victim of the current market conditions and selloff last few weeks.
- The SHLL/HYLN merger vote had to be extended because one item vote regarding restructuring of their board did not pass. This caused nervous investors to sell. Again, this is no longer a SPAC and the merger is complete.
- Many analysts and investors had projected $70-80 PT for SHLL/HYLN before the end of the year with some going as high as $100. I think a good comparison for HYLN is Cummins (CMI) (as opposed to other EV companies) which is currently trading at $210. With all of the crazy IPO mania, sky is the limit.
Friday’s Action
- On Friday, stock screeners picked up massive bullish flow for HYLN. It was #7 in calls placed and had multiple big buyers as well as a ton of sweeps and blocks. Look it up.
Bottom line: Good company, formed a great team, doing things right, unique technology, hot sector, regulations help them, going to the moon.
Disclaimer: I’m am long HYLN shares and own weekly, monthly and leap options on HYLN.
Submitted October 04, 2020 at 10:48PM by Happocampus https://ift.tt/3npWFdJ