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written by reader Travis,what do you think about an IPO – Dubuc Motors open to the public

By backoffice, June 2, 2017

at a price of $8.00 per share. They are making an electric sportscar that looks pretty impressive.

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Travis Johnson, Stock Gumshoe

That’s the crowd-funded one, right? I’ve seen so many “passion projects” fail in the world of vehicles that it’s hard to take them seriously as investments — this will be a low-volume product, it will cost more than they expect, and it will take longer to build… that happened with the first Tesla Roadster, too, but I would expect that the comparisons probably end there… unless a multimillionaire salesman like Elon Musk decides that he’s excited about this latest car design and takes it on a thrill ride, which, well, has only happened once.

I’d only buy stock in this if you were excited about actually buying the car and want to follow it as a personal passion, it looks like it’s a long way from being an actual investment that you’d be able to justify for financial reasons over the next five or ten years.

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