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It seems like Foul play to me. Maybe a frustrated shareholder ? Lol
A frustrated stockholder ? LMAO
https://www.stck.pro/news/NKLA
What really gets me is that the SEC has not done a thing to Steve Burns. It goes to show you the level of corruption on both sides the SEC and Wallstreet. It’s anti- American when over 2 years has gone by with no action from the SEC.China will surpass the USA in the next 10 years as the new super power .
T.
Foxconn must be thinking now that Steve Burns sold all his shares and sees this as an opportunity?
Steve Burns just sold his remaining shares. The real reason why he sold his stake in LMC ? Avoid BK or the SEC forced him ?
I’m in with a starter
Yes a complete takeover would be ideal. Foxconn does not want to go to court and drag things out .
This has creeped up in the last week .News is due from Merk or Pfizer . Which one first ? NGENLA $$$$ ?
Maybe this runs again to $6.00 then LMC announces deal with Foxconn and then double digits here ? Very possible here . IMO
Well now is Do More and Say Less
https://stocktwits.com/Jeffride/message/532866390
Deal or No Deal with Foxconn. That is the question here .
Last Friday spike to over $6.00 seems very suspicious to me and it’s an indicator of a deal between Foxconn and LMC is on the works. I saw a tweet for Jack the CEO of Foxconn MIH program with Work for it t-shirt from LMC on Father’s Day. This is way undervalued if a deal is in place and will jump to $10.00 if so.Let’s see what happens in the next 30 days . IMO
I think next week is going to get interesting. Looking to get in maybe
Wow this was up 50% and ended up negative for the day. I hope some of you sold at the top .
I am sure investors have lost money here but some who got out with 10% or 40% are the happy ones . If you held on your shares then good luck here with another reverse split in on the vote in September and will get approve like the last 15 times. What should not be allowed is companies like this to trade in Nasdaq This belongs in the pink sheets. Reverse splits should be limited but they are unlimited. I can’t imagine walking around a free man like David Michery and feel good about yourself destroying the small retail buyers. Remember 911 and why it happened.
Mullen has never made a penny and never will . Production starting in July right ? This is all a mirage . This company has been able to get up to half a billion via diluted shares with all the reverse splits in the past few years . Fook I mean anyone can run a company like this and on the mean time the CEO sells millions of shares pocketing millions with nothing in return to retail shareholders or common shareholders.
$OPK is way undervalued with NGENLA approval expected in the US very soon. MODEX will be a game changer as they are just getting started with the Merk deal valued close a billion. Over $2.00 soon ??
This is the modern pump and dump team
The FAT PIG Lawrence Hardge was hired by David Michery to pump the stock by going in social media like twitter and you tube. This Lawrence Hardge has a record in the jail system and invented a so call black box that supposed to increase the mileage on electric vehicles is pure lies and nothing but bait to get retail to buy the carrot while the CEO dilutes the stock just look at the share structure in the past 2 weeks this was clearly a manipulated move by these 2 con artists SOB white collar criminals.
10 billion lol . All pump and dump . I wonder how much the CEO paid Lawrence Hardge to pump the stock ?
And you are preferred shareholder? Lol no way. The scam artist needs to be in Jail.
Look at this stock for the past year , 2 year and 5 year performance. Nothing but diluted shares. Over a billion dollar taken from shareholders in the past 10 years
Squeeze? You mean pump and dump ?
“WACHS/AULT/RICE/PEREIRA/RUSSIAN “
One of these days hopefully Guido should take care of David Michery .
Nikola seems to be making the right moves now
$NKLA this looks like a good entry point. More upside here than downside. $8.00 t
Mullen seems to be advancing now with the recent news of pricing and trade shows . The R/ S sure did reduce the float but also flushed long shareholder of even 3 months old and 6 months old longs are down 80% but this had to be done. Now is all about execution and rumors also about a 10 Billion Saudi deal and this Lawrence Hardge with a black box that gives an EV and extra 60% charge is very good if it really works but overall I see Mullen going into one Billion market cap by the end of 2023 putting the PPS $5+ . IMO
Stephen Burns got a total of 91 million dollars so far selling LMC stock. He seem to have made out better than anyone else here . And a free man deceiving people by the millions . The SEC still has not done a thing. What a shame .
I’m out also here with a small loss. I hope those who lost money here hopefully make it back with a better stock.
It’s all about timing in the stock market and who ever tells you otherwise they are lying.
Not good LMC did not meet the milestones per agreement is what I gather this mess .
Nice ! It looks like a good entry point here under a dime ! Thanks
I got me a starter here @$.50 …. Let’s hope this turns around.
Almosthere @ $.37 is when I buy . Maybe @ $.40
Every truck they sell LMC is losing money …. Revenue is needed to continue operating but they are in deep shit now and the economy is not helping. LMC is behind by 12 months with Foxconn and we all know if it was not for Foxconn LMC would be chapter 7 or -11 by now. I don’t trust current management and the fact that Burns still owns about 20% of the company he will dump shares anything above his last dump $.87 makes a lot of sense now . About 70 million Burns got from selling stock and he is a free man not even convicted by the SEC yet . Goes to show you how money just buys people here …. It happens everywhere not only in America but the white collar stay in a special house with your kitchen and become your own chef and get to watch Netflix.
“The next quarterly will justify the direction. Revenue and profit will justify the pps."
Yes but this Q you may see $.30. -$.50 swing . I’m waiting on the sidelines .
$.50 is where this belongs but I still see another 25% cut to around $.40 considering their upcoming reverse split and lousy updates and no firm orders of over 2k . This truck is not selling because there is lousy CEO Hightower who put us all here in this mess.
The timing is terrible also based on the economic outlook the next 12 months . Bidenflation and Stagnation
Going up from here ….. NGENLA approval in the USA this Q. Over $2.00 soon
I somehow always thought to myself that LMC would surprise the market with an order of 10k trucks by a fleet company. I thought of Hertz since Ninnivagy has connection there plus any of those supposed “firm” orders by the old CEO Burns …. I mean something but the reality is that this company failed completely and now Hightower does not have a saying here as he screwed up being a CEO and Foxconn is calling the shots now being the majority shareholder and only finance partner that LMC has. Reverse split should happen if they want to remain in Nasdaq or maybe LMC wants to move to the OTC or pink market for some time.