NU Ride Inc (NRDE)

[dss19552002]

I stand by my statement. You are clearly wrong. I read the filings, I don't know what you read. Foxconn is using the factory to make electric vehicles. Do some research for a change. SMH. Hint: I agree they aren't making anything for Fisker.

[JoshTaeger]

NoRide has nothing to do with the Lordstown plant. NoRide rejected the lease in their bankruptcy process. Whatever you are looking at in Lordstown that gives you any idea that NoRide has possession of the plant is a clear indication to lay off the ayahuasca.

[Saving Grace]

Excelent article, all about the truth. Like me!

This is gearing up for a major BOOM! Take it for what it's worth. One needs to know the past, present and future to fully understand what is truly going on here. Also, pay attention to local news in Lordstown Ohio. It's seriously looking like LMC/NU Ride Inc. got the plant back and in their possession.

Nu Ride Inc. director acquires over $1.2mn in NRDE stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.


https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.

[dss19552002]

This is a terrible article, but it isn't all wrong.

First, the good. They are correct on the insider purchase. While insider purchases are often good news, they aren't always. In this case, it isn't negative, but it isn't as good as you make it out to be. Either way, I'll accept this as good news, as insider buying normally is. It's certainly a fair point, even if it is now old news.

The bad: the article speaks of revenue growth. This article, on that point, is stupid. Why do I say that? It looks like they just looked at the numbers reported in the 10-K, or on Yahoo or maybe their own site and reported the numbers. They clearly did not read the report, the 10-K, or the bankruptcy filings either. The fact is revenue declined to zero! That is $0.00. They make nothing, they have nothing in the pipeline and they are a shell. Investing.com did not do their research on this, so this article should NOT be relied upon. Again, the numbers are correct from a year to year basis, but that doesn't tell the actual story of bankruptcy, and the sell of of assets and becoming a shell company. They did have year over year growth in revenue, but they had a significant decline of revenue after Q2 to $0. You need a better source. Again, the article does report relatively (though now old news) of insider buying, but is misleading, and now essentially wrong on the revenue growth. The last point makes this wrong, or stupid as an article. I know you know these facts, but the article you shared does misrepresent the facts, at best.

However, to be fair, this doesn't rule out the company, through a merger or acquisition of some kind actually producing something and thus having revenue, but it hasn't happened yet, that I am aware of. The lawsuit with Foxconn resolution is months away, if not years away unless they settle, so that probably isn't the best place to look for near-term results for this company. The company, if it is smart, and if the new CEO and management are smart, should look elsewhere and not rely on winning this suit to move forward.

[1vman]

***** Meaningless !! got any pictures of NRDE ( PU Ride ) vehicles ? cuz theses pictures dont belong to them - whoops

ENOUGH SAID

[Barc354]

Received this in an email today.
https://www.strategicclaims.net/lordstown/

[Saving Grace]

Sole bought 700,000 shares between $2.247 and $2.302

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing

.https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

[Saving Grace]

Nu Ride Inc. director acquires over $1.2mn in NRDE stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.


https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.

[1vman]

***** Na NRDE ( PU Ride ) isn't worth squat - hows a shell company worth billions ?



ENOUGH SAID

[Saving Grace]

$NRDE To be worth Billions! Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history.

Nu Ride Inc. director acquires over $1.2m in company stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.


https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.







Foxconn aka Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history against NU Ride Inc. formerly known as Lordsown Motors.

https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

Foxconn aka Hon Hai Technology Group stole MIH designs and technology from LMC and why they are in court. Hai Technology Group thought they could take control of LMC for a song and a dance until Burns over shadowed their plans. LMC/NU Ride Inc. will prevail with courts leaning heavy in LMC/NU Ride Inc. favor.

[1vman]

***** Not a chance period ! NRDE ( PU Ride ) will remain a shell long after lawsuits are settled - whoops

ENOUGH SAID

[dss19552002]

My sources say Foxconn will win big. There, I said it. That means nothing. To say "My sources" is not informative at all. To be fair, you don't have to provide your sources, but if you don't, then you are just saying an opinion. In fact, I would say that you have no sources, as nobody authoritative or "in the know" will say "Nu Ride Inc. will win the suit, as they do not know. Unless the source is the judge, and the judge won't say, then you have no real sources. You have people who think Nu Ride has a better case, but that's not really a "source", just another opinion.

I looked over the documents filed by then Lordstown, and the claim is billions of damages. That cannot be proven, so I would say that claim in their documents are false and misleading. Throughout their existence, they only have a billion dollars in losses, more or less, not billions. And they only have somewhere around $2.5 million in revenue throughout the life of the company, and they produced and sold far less than 100 vehicles, so this doesn't sound like "Billions" in damages. So, that claim is just spurious and false.

As I've said before, they probably do have a claim on some money which I think they could and even should win on $100 or $200 million. I don't think they will win the plant back, or they won't get that cash. It looks like money has changed hands, so Foxconn does have a legitimate claim on the plant, and may keep it. However, that may require them paying cash. What you are hoping for is not actual damages from the lawsuit, as there isn't a valid claim of billions in the lawsuit. what you are hoping for is punitive damages. However, that would require proving fraud, and I don't think there is a strong case there, though there is the accusation of fraud. Since Lordstown also had issues of Fraud, that claim may lose some credibility,. even though that CEO is no longer with the company.

Since there is no evidence that Nu Ride will ever make an electric vehicle, as they aren't in the business now, then I'm not sure the plant is their best interest. They have no use for it, and their best option would be to sell it again, maybe to Foxconn again, or to some other party. Maybe when they release their business plan, or reverse merge or merge with another company to have an actual business, they might have a use for the plant, depending on what that business is. This is from reading the filings - court filings, 10'-K's, 10-Q's, 8-K's etc. YouTube videos and Zoominfo.com or articles by auto magazines or even a LinkedIn account are not filings. It is possible that they will reenter the EV business, and if so, the conversation will change. Right now, they could decide to operate a fleet of food trucks, which is affordable, and perhaps profitable. I doubt it, and as outlandish as that sounds, it's as possible as anything else. The BOD is about making money, not invested or experts in EVs. At least, at the moment the possibilities are endless. We'll see what happens. There are also a lot of shells on the OTC with 'good people" that linger on the OTC for a long time. That too is on the table, though if you say that isn't likely I would probably agree with you.

Good luck.

[JoshTaeger]

Your sources are most likely not just incorrect…but highly incorrect.

And we all note that nothing has been reported from the court docket.

I expect those new execs are happy to have salaries and bennies for what appears to be a baby-sitting job. Ditto the perks for the new BoD.

[Saving Grace]

NU Ride Inc vs Foxconn, Hon Hai Technology looking great for LMC/NU Ride Inc.

NU Ride Inc. looking to win back the plant and billions of dollars in damages.

If my sources are correct, NU Ride Inc. will win big.

[uber darthium]

You obviously have never accurately comprehended what Josh has posted.

Education is not overrated

[Watts Watt]

Your words say much about your own person. You contribute nothing on this or any other board.

[dss19552002]

Okay, insiders haven't bought anything in a month in a half, so I don't know how "heavy" they are loading. Yes, I know buying is usually planned and not all the time, but it's still a fair point. We'll see if they continue to buy later this quarter. If it's heavy, then I'd like to see at least quarterly buying, especially now that the shares are cheaper. If it's a good deal, then averaging down is a good idea (though averaging down is often a bad move, as it's an opportunity for people to buy more to try to fix a mistake and find that they make more mistakes, but not always).

Second, the insiders "loading Heavy" and the "$NRDE worth billions" don't go together. Insider buying doesn't prove the winning the largest lawsuit in stock market history point. Insiders don't know if they will win big, or lose. They just don't know. Insiders would buy on the basis of the company actually doing something, or have a plan to do something. Right now, the company doesn't do anything, unless there was an announcement I missed last night.

As far as the lawsuit goes, the motion to dismiss hasn't been ruled on yet, so it's a little early to say they will win billions.

Finally, "$NRDE to be worth billions" is simply hype, a statement based on hope that maybe a pumper/dumper might say. I doubt you actually believe this, though I suppose that's a possibility, however remote. I think it is more likely that $NRDE will win $200 million, or they will settle for some amount before the court actually rules on anything. I actually think that settlement is the most likely option, though I'm not sure what $NRDE has to offer. They don't make EVs, and they don't own the rights to any EVs. The filings say so. All your posts actually support that point, though you say otherwise. However, your opinion, and my opinion doesn't matter on this issue except for perhaps making investment decision or making a speculative investment. Time will tell on this lawsuit, but the fact the the motion to dismiss wasn't laughed out of court suggests that maybe the "To be worth billions" statement is a little premature.

Good luck. I do think it is reasonable to be bullish, but they need to be involved in some sort of acquisition or actually start a business and stop being a shell to be worth a serious investment.

[1vman]

***** Na NRDE ( PU Ride ) isn't worth squat - hows a shell company worth billions ?




ENOUGH SAID

[Saving Grace]

$NRDE To be worth Billions! Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history.

Insiders loading Heavy!

Nu Ride Inc. director acquires over $1.2m in company stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.


https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.

Foxconn aka Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history against NU Ride Inc. formerly known as Lordsown Motors

[Dano02VFR]

You are so full of crap.

[JoshTaeger]

Harumph…harumph…harumph.

Someone is mad that they’re irrelevant.

[Watts Watt]

In my humble opinion, there remain on this board only two reliable and consistent posters on this board: namely DSS19552002, a long time poster from the LQMT board and Researchfyi. All others are grossly uninformative, basically contribute squat toward valuable input and quite frankly should not be given a forum here.

[Barc354]

SG neglected to copy the note at the end of the article he has posted half a dozen timess in the last several days.
"This article was generated with the support of AI and reviewed by an editor. For more information see our T&C."

I don't believe that AI is advanced enough to accuratedly read financial markets. One day it will be but not now. GIGO is still present.

[Saving Grace]

$NRDE To be worth Billions! Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history.

Nu Ride Inc. director acquires over $1.2m in company stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.


https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.

Everything MIH EV will be NU Ride Inc. with judgement against Foxconn




Foxconn aka Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history against NU Ride Inc. formerly known as Lordsown Motors.

[1vman]

***** Meaningless !!! NRDE ( PU Ride ) is a shell period - whoops

ENOUGH SAID

[Saving Grace]

Massive Buy In. Insiders Buying Heavy

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.

https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.

[JoshTaeger]

Correct. The only money in is interest on cash and stock sales. Then there’s the wages and fringes other G&A going out, including lawyers, accountants, and consultants

[dss19552002]

Tomcat,

Some of the cash you think they have from the last financials is obligated as part of settlements, so that might be part of it. They may have less than you think. The stock is a shell. The 10-K says that and the company's website suggests that as well. That's one reason why it trades lower, as it's a shell with no actual business. There is cash, and the NOLs are significant, but they don't have anything to generate revenue or even hope to generate revenue with at the moment. I know they are seeking to fix that, so if you want to buy and hold until something happens, that might be an okay move. It's up to you. The reasons I have are probably part of the answer to your question..

Good luck. Should you invest (or trade) here, I hope it works out well.

[tnyellowtomcat]

NRDE, with its cash and loss carryforwards looks like a real bargain, yet it trades lower?

What am I missing??

Tomcat

[1vman]

***** Got any pic of NRDE ( PU Ride ) vehicles ? cuz those pics have squat to do with this company

ENOUGH SAID

[JoshTaeger]

Saying it twice doesn’t make it any more relevant to NoRide’s future.

[Saving Grace]

Nu Ride Inc. director acquires over $1.2m in company stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.

https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.









https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

Foxconn aka Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history against NU Ride Inc. formerly known as Lordsown Motors.

https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

[Saving Grace]

$NRDE To be worth Billions! Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history.

Nu Ride Inc. director acquires over $1.2m in company stock

Nu Ride Inc. (NASDAQ:NRDE), previously known as Lordstown Motors (OTC:NRDE) Corp., has seen significant purchasing activity from one of its directors, Andrew L. Sole. According to recent filings, Sole has acquired a substantial number of shares valued at over $1.2 million, indicating a strong vote of confidence in the motor vehicle company's future prospects.

Over a series of transactions, Sole purchased a total of 543,566 shares of Nu Ride Inc. common stock. The purchases occurred on three separate dates, with the prices per share ranging from $2.2474 to $2.3023. On March 14, 2024, Sole bought 52,603 shares at $2.2474 each. The following day, he added another 225,000 shares to his holdings, paying $2.3023 per share. The buying spree concluded on March 18, with Sole acquiring 264,963 shares at a price of $2.2987 each.

The total amount spent on these transactions amounted to $1,245,307, reflecting a notable investment by the director into the company. It's worth mentioning that these shares are held indirectly by Esopus Creek Value Series Fund LP - Series A, with Sole's pecuniary interest in the securities being the extent of his ownership claim, as per the footnotes in the filing.

This financial move by a key insider often garners the attention of investors, as it may signal insider beliefs about the company's valuation and future performance. Nu Ride Inc., with its focus on the automotive industry, particularly in the manufacturing of passenger car bodies, is at the forefront of a dynamic and evolving sector.

Investors and market watchers alike will be keeping a close eye on Nu Ride Inc. to see how this insider activity might align with the company's strategic direction and performance in the coming quarters.

InvestingPro Insights

Nu Ride Inc. (NASDAQ:NRDE) has captured the market's attention not only through insider buying activity but also through its intriguing financial metrics and analyst expectations. A key point to note from InvestingPro Tips is that analysts are forecasting sales growth for the current year, which could signal a positive outlook for the company's revenue trajectory. This aligns with the recent insider purchases, potentially indicating a belief in the company's growth potential. Additionally, despite the company's significant revenue growth over the last twelve months, Nu Ride Inc. is not expected to be profitable this year, which investors should consider when evaluating the company's near-term financial health.

Looking at the real-time metrics from InvestingPro, Nu Ride Inc. has a market capitalization of 30.58 million USD, which places it in the smaller spectrum of publicly traded companies. The company's Price to Book ratio as of the last twelve months stands at 2.07, which can offer insights into how the market values the company's net assets. The substantial revenue growth of 1106.19% over the last twelve months is particularly eye-catching, although it's important to reconcile this with the company's gross profit margin of -3812.39%, which indicates challenges in maintaining profitability.

For those interested in a deeper dive into Nu Ride Inc., there are additional InvestingPro Tips available that could provide further insights into the company's financial health and market performance. Remember to use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can access a total of 16 additional tips for a comprehensive investment analysis.

https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

The writing is on the wall. $NRDE to win largest lawsuit ever recorded. Insiders prepare for massive growth.

Foxconn aka Hon Hai Technology Group soon to lose Largest Lawsuit in stock market history against NU Ride Inc. formerly known as Lordsown Motors.

https://www.investing.com/news/company-news/nu-ride-inc-director-acquires-over-12m-in-company-stock-93CH-3360747

[dss19552002]

Correct, NRDE is a shell company.

The plan says nothing about EVs being made, so no VAN, no operations as of yet. That is correct. They never had a van, all references by even the reference poster were to something called a "truck". They bought the truck rights from Workhorse, and sold it to LandX.

I realize the current fantasy is that somehow, Nu Ride will wind up owning Foxconn, but that clearly won't happen. They won't regain the factory from the suit, nor should they want the factory. They have, at last count, something like 11 employees (+- a few here or there since that report). They have nothing to make. Given the claim that Foxconn isn't making any cars here, that infrastructure of car manufacturing just isn't there. Nu Ride, should they survive and continue in business, will likely do something else. I do think they will win some money from Foxconn, but it won't be billions. They haven't gone past the motion for dismissal yet. I do think they will settle.

In the mean time, the only reason to invest in the stock is the expectation that something may (or will) happen to leave shell status and have an actual business with actual revenue. They aren't there yet. I said earlier that I don't think this is a great short opportunity either, though there is clearly some short interest, about 574,000 as of the end of March. But given the small volumes, sub $5.00 price (which I think makes it difficult to short, at least for some investors), and low volatility, there are other things to worry about than the shorts holding this stock down in some vast as yet undetermined conspiracy.

Good luck. This has been interesting to follow, and seeing the recovery from bankruptcy was interesting, as it did feel like a liquidation (and they did liquidate many of their assets), but managed to emerge as a shell. We'll see if they "fill" that shell, and what the new business will look like. They do have some money, but not enough to return to EV design, unless there is a pot of money I am missing apart from the "hopeful" outcome from the Foxconn suit, which will probably be litigated for over another year unless they settle.

It does say "shell" in the 10-K, the actual filings not some musings of a YouTube guy or an automotive magazine.

[1vman]

***** Indeed ! that seems to the the norm for NRDE ( PU Ride ) nothing

[Saving Grace]

Yup, my basher/stalker is on every post of mine. What does that say, I'm 100% right about everything and we all know it. Even the punk knows it. LoL SMH

[1vman]

***** LMAO ! On what grounds ? NRDE ( PU Ride ) is a shell - whoops

ENOUGH SAID

[JoshTaeger]

Nothing to do with NoRide…as usual.

[dss19552002]

Okay, I understand that is your opinion. You haven't made your case, though. It's still up to the courts, and not to us anyway.

[Saving Grace]

"The relationship between Fisker and Foxconn is over anyways and Foxconn is not going to be building anything for Fisker moving forward for Fisker or anyone else."

"The future of the Pear EV and other Fisker products is very uncertain," explained Sam Abueldamid, Principal Research Analyst with Guidehouse Insights. "The relationship between Fisker and Foxconn is over anyways and Foxconn is not going to be building anything for Fisker moving forward for Fisker or anyone else."

Foxconn is not going to be building anything for Fisker moving forward for Fisker or anyone else

Tuesday, February 20th 2024, 5:51 AM EST

https://www.wfmj.com/story/50470018/stock-from-planned-lordstown-ev-vehicle-company-may-be-delisted-from-stock-exchange

[Saving Grace]

$NRDE NU Ride Inc. Ready to Explode PPS. It's imminent.

[dss19552002]

What makes you think that Nu Ride (with no production of anything at the moment) will be awarded the C Model and the midsize truck? It's not in the filings. It's not in the court documents. It's just a dream on your part. Nu Ride, if they win anything, will get cash. I do think it is likely they will get cash. There are fraud allegations, but I don't see actual fraud (I know, neither your opinion, nor my opinion matters with the court). The filings seem to indicate that the actual dispute is over the investment agreement, and not over the plant sale. There is a sentence which maybe comes close to justifying your position in that Nu RIDE, then Lordstown, says that the investment deal supersedes the previous agreement, which included the plant. That could mean that their understanding is that the subsequent investment agreement also included the plant sale. That's not my reading, but the court will decide all that. If I am right, Nu Ride gets cash, so you should be happy. You'd be happier if they won like you think they will, but they probably won't get that much (Billions), and there will likely be an appeal or settlement later, once they get past the motion to dismiss, presuming that fails. This isn't going to happen quickly. It might not be resolved in 2024. I think they are just posturing for a settlement at this point. A motion to dismiss shouldn't take this long.

[1vman]

***** Got any pic of NRDE ( PU Ride ) vehicles ? cuz those pics have squat to do with this company

ENOUGH SAID

[JoshTaeger]

Or not.

And Steve Burns owns everything else.

[Saving Grace]

MIH EV platform is in the Law Suit against Foxconn and why no production has started.

Foxconn unveils new electric pickup truck and crossover hatchback

Michael Hatamoto October 19, 2022 1 min read

Although best known for PC parts, Foxconn is blending tech and auto with the recent unveiling of two new electric vehicles - and they could reach the US.

Foxconn unveils new electric pickup truck and crossover hatchback

Although best known for PC parts, Foxconn is blending tech and auto with the recent unveiling of two new electric vehicles – and they could reach the US.

No production has started as entire platform may belong to NU Ride Inc. when court case against Foxconn is settled.

[Saving Grace]

Foxconn unveils new electric pickup truck and crossover hatchback

Michael Hatamoto October 19, 2022 1 min read

MIH EV platform is in the Law Suit and why no production has started.

Although best known for PC parts, Foxconn is blending tech and auto with the recent unveiling of two new electric vehicles - and they could reach the US.

Foxconn unveils new electric pickup truck and crossover hatchback

Although best known for PC parts, Foxconn is blending tech and auto with the recent unveiling of two new electric vehicles – and they could reach the US.

No production.

[Saving Grace]

Yes, we can barely tell. Will be Big. Very good sign.





NU Ride Inc. will win MIH EV judgement and be awarded the C Model and the Foxconn midsize truck.

MIH EV

[dss19552002]

Old non-news. Linked in doesn't help (or hurt your case at all. This isn't news.

[1vman]

***** How ? with meaningless pics of vehicles that don't even belong to NRDE ( PU Ride )

ENOUGH SAID

[Saving Grace]

$NRDE Director Sole Andrew L. bought 700,000 shares and spent 1.25 million dollars of his own money?

Sole Andrew L.
2. Issuer Name and Ticker or Trading Symbol
NU RIDE INC. [ NRDE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ESOPUS CREEEK ADVISORS
LLC, 81 NEWTON LAME #307
3. Date of Earliest Transaction (MM/DD/YYYY)
3/14/2024
(Street)
EAST HAMPTON, NY 11937
4. If Amendment, Date Original Filed (MM/DD/YYYY) 6. Individual or Joint/Group Filing (Check Applicable Line)
_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed
Execution
Date, if any
3. Trans. Code
(Instr. 8)
4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned
Following Reported Transaction(s)
(Instr. 3 and 4)
6.
Ownership
Form:
Direct (D)
or Indirect
(I) (Instr.
4)
7. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Code V Amount
(A) or
(D) Price
Common Stock, par value $0.0001 3/14/2024 P 52,603 A $2.2474 210,037 I
By
Esopus
Creek
Value
Series
Fund LP -
Series
A (1)(2)
Common Stock, par value $0.0001 3/15/2024 P 225,000 A $2.3023 435,037 I
By
Esopus
Creek
Value
Series
Fund LP -
Series
A (1)(2)
Common Stock, par value $0.0001 3/18/2024 P 264,963 A $2.2987 700,000

https://www.otcmarkets.com/filing/conv_pdf?id=17420221&guid=smQ-kesITd2Pdth