I'm looking to take a position in BEEM at its current price of $2.91. With its growing electric vehicle charging market and positive earnings report, I believe it has real potential to bounce back to over $6/share by late January after tax loss selling subsides and positive news from Europe flows in.

With Beam Global expanding into Europe and the upcoming earnings report on August 13, I believe that the stock is set to rise due to the positive impact of recent contracts and the company's compelling solutions for EV charging problems.