Selling Blink Charging BLNK @$44.33 (1636% Gain)

 Really bought this on a hunch. Little did I know that all things EV will explode.

Blink has signed some good contracts to operate and install charging stations.

One such contract with Burger King, another with a florida chain of Hospitals.

I held this position for one year for Tax purposes.

As promising as the industry sounds - Blink's valuation is almost ridiculous so I'm exiting the position and making room for a new investment.

Update: Blink Charging gains 110% after Apple announcement (BLNK)

Apple announced it will include fast charging stations in Apple Maps. This effectively means Blink will be getting a lot of free traffic from Apple Maps as the company owns and operates Fast charging stations.

Obviously this is great news for the company and the stock has doubled in the last 3 days.

Investing thesis hasn't changed. 

Blink Applauds Apple’s Addition of Electric Vehicle Charge Routing Capabilities in Updated Apple Maps for iOS 14

Buying Blink Charging Co (BLNK) @$2.71

Blink Charging operates and provides charging equipment in the United States. They basically supply property owners, managers and parking companies with equipment and software to manage and bill EV charging stations. I think this field has plenty of runway to grow and this company is a very specific player in the food chain. Doesn't seem to me like this technology or service is something major car manufacturers will compete with in the short-medium term. It makes sense that they will continue to lease these services from Blink.. or alternately someone (Tesla?) acquires them.