Tag: CEO Henrik Fisker
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Fisker Insiders Buy Stock after Scathing Fuzzy Panda Report
Pay close attention to Fisker (FSR). According to a Fuzzy Panda Research report, “Fisker has large undisclosed bank guarantees that set a minimum cash balance. The bank guarantees are to Magna and are estimated at ~$790-825 million. This is Fisker’s entire current cash balance! We believe these guarantees are preventing Fisker from funding operating losses with the…