Reported about 21 hours ago
George Budwell discusses his decision to break the conventional 'sell-half' trading rule with Archer Aviation, despite achieving a 106% gain. He cites strong institutional backing from companies like Stellantis and major funds, a recent market shift towards small-cap stocks, and significant short-seller pressure as reasons for retaining his full position. Additionally, Budwell highlights Archer's potential in the growing eVTOL market, emphasizing that various positive developments could indicate a promising future for the company.
Source: YAHOO