Part 6/9:
The feasibility of the phone project appears to be waning, especially considering Neo's lack of experience in the smartphone manufacturing realm. Many speculate that while a third generation may still emerge, it could potentially be the last. This development signifies a realignment of Neo's core competencies back towards its primary function as an electric vehicle manufacturer.
Stock Market Movements: A Short Squeeze in Progress
Amid these operational changes, Neo's stock has been generating buzz with a notable technical breakout and the onset of a short squeeze. The company has experienced upward momentum recently, leading to increased buying pressure as short sellers scramble to cover their positions—a situation not uncommon in light of Neo’s historical context.