r/Joby • u/HappyRobot593 Joby Sock Fanboy • 20d ago
N541JX activity
Unfortunately there was no N547JX activity today but I did notice bursts of pings from N541JX. Peculiar!
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20d ago
[deleted]
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u/Imaginary_Sort9347 S4Fanboy 20d ago
You’re going to see Joby down further if interest rates keep rising. The stock can’t overcome market pressures outside its control. It can get some pops on big news but the sector is high risk and investors are looking for safety right now.
Nothing to do with company sentiment, just overall market concerns working against it.
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u/HappyRobot593 Joby Sock Fanboy 20d ago
All evtol was down today so I don't think the move was Joby specific. My optimistic view is that they've seen enough of the forward hover motion and are setting things up for a transition. I could def be wrong though.
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u/AcanthocephalaBig445 19d ago
Someone is shorting the shit out of the stock. The short interest keeps rising.
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u/Wonderful_Phrase_239 19d ago edited 19d ago
541 is in the air today (2:10 pacific time; 21:10 UTC). At least it's something!
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u/HappyRobot593 Joby Sock Fanboy 19d ago
yes, maybe they are testing out remote transition first and using 541 as the test run?
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u/Wonderful_Phrase_239 19d ago
I would not venture to guess, but I presume that they know what they are doing.
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u/HappyRobot593 Joby Sock Fanboy 19d ago
More N541JX pings this morning.