TradeBroInc

My bullish projection on NOVS(Appharvest)

Long
NASDAQ:NOVS   None
I don't know another company in this space let alone one that is publicly traded with a facility on the ground. They have a facility in KY with future plans for more, they're expecting 60 million in profits by the end of this year. With the need for Freshwater waste reduction in the agricultural space along with a huge potential for growth in the Agtech space I think Appharest has a lot of potential the capture a lacking market. This is my price project for this stock if price action respects the channel vs. if it doesn't. The timing isn't super tight and hype and news (new partnerships, tech, and facilities) will drive the price for a while since they don't expect to make money until the end of the year (commonly not a problem with SPACs lol) but this won't have EV level hype behind it so I don't see a huge crazy spike. I don't have a position in this yet depending on the reaction in the channel.

Please fill me in on any gaps I have like competitors or flaws in my idea or the company.

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