$Nautics Robotics(KITT.US)
This volatility is just insane, totally a roller coaster ride!
KITT's recent drop might be related to concerns over financial stability, negative assets, and liquidity pressure. Despite securing a $250 million credit line, market confidence clearly hasn't recovered yet, and capital conditions remain tight. Cummins and PACCAR are also weak, dragging down the broader market, with fundamentals under short-term pressure.
KITT currently faces heavy selling pressure and poor confidence—betting on a rebound here is a bit risky, and we still need to watch the market's selling activity. Have you all been floating losses recently? Or is someone bottom-fishing? 🤔
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