Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Here's some REAL DD: (Not some Pie In the Sky, Not Quite There POS BS)
Wednesday, May 11, 2021
At market close: USD 1.51
https://mail.google.com/mail/u/1/#inbox/FMfcgzGpFqWRQxqzmvrhddqxQtKBXGzn
Wednesday, May 11, 2021 2:22 PM
https://investor.lordstownmotors.com/sec-filings/sec-filing/8-k/0001104659-22-058868
May 11, 2022 2:25 PM EDT
https://investor.lordstownmotors.com/news-releases/news-release-details/lordstown-motors-and-foxconn-close-asset-purchase-agreement-and
May 11, 2022 7:05 PM EDT
PPS USD 2.00
So for some fact-based information that is SPOT ON and Is Here, Today, No Wishy Washy, simply READ THE ABOVE FACTS...NO FANTASY
Investor failure to DD is what should be prosecuted.
But, then why waste time with dummies.
The sad story is, that in order for the LQMT train to leave the station, it first has to arrive at the station.
LQMT has never arrived. It never got quite there. It has always been an "almost", but never an "arrived".
This is because there has NEVER been a FORCEFUL, VISIONARY AND EXECUTIONARY MANAGEMENT TEAM.
It has always been a bunch of hot air coming out of the Caboose imagining that this was enough to push the train forward.
No different than the idiots who think that by blowing hot air out of their mouths that they can effect the sails on the ship to blow the ship forward.
LQMT has always hired soft corn Bullsheetmen instead of hard core BUSINESSMEN.
The reality is that LQMT has never left the roundhouse. It has tried numerous directions, but mainly it has spun round and round on the roundhouse wheel.
Now, it has sold off its round house. All that is left is HOT AIR coming from an abandoned caboose. No locomotive, no coal car, no passenger cars, no freight cars. Just an old hulk of an abandoned caboose with three youngsters chewin the fat and spittin in the spittoon.
The lowest I ever recall with this POS was 5.5 cents per share.
I also remember this stock was a NASDAQ stock when I first bought it.
So much for the crap from Dongju Chung and Lugee Li about this becoming NASDAQ again.
LQMT is getting HAMMERED again today. And volume is picking up quickly.
Good re-entry point in the sixes coming up
JUSTA BOUT THERE.
YEP
NOT QUITE THERE, BUT ALMOST!
JUSTA BOUT THERE.
More like, great opportunity, thank you.
Oh, for sure.
Anything is possible.
However, today's rebound is indicating we may reach USD 1.91 per share.
Repeat: Anything is possible.
At any rate, those shares i bought at USD 1.55 look real good today!
Makin Bank!
Well, I guess he won't be robbin you any more, now that you are pore.
Perhaps, KMC, if proper DD had been done prior to investment, it is public information that Steve Burns lives on Robin Hood Lane.
That should have given you the tip-off to prevent the massive losses you have undertaken.
Based upon the expected and proven LQMT "EIGHTS" PPS, the 10Q not only sucks, but it leaks, too.
Why leak bad news.
Looks like another long, hot, dry, thirsty, unquenchable summer.
The fires in California and New Mexico aren't going to help much.
Ditto the shortage of baby formula, etc.
Burrow yourself in a cold, secluded beach, although, being under water with most of your stocks doesn't help much either.
Sorry, but we are in EIGHTS.
Not your NINES and going higher. Remember, the trend is the friend
There remain MANY alternatives to liquidmetal.
All are cheaper than liquidmetal.
Professor Lugee Li is HISTORY.
He will sooner be gone from Eontech
than what's his name from Alibaba.
Remember, the trend is the friend
Question? What question?
LQMT is now and EIGHT CENT STOCK.
Don't know many customers who want to buy from an 8 cent stock company.
Rawlings, Spalding, Beers, KM4 all bought when LQMT was at least a TEN DOLLAR STOCK. The stock had promise.
Now it's a penny, can't keep any promises, highly unpredictable, and, basically, a people-less management-less company. Tic Tic tock. Kill it with schlock. What a crock.
Watch out for graphene.
Capiche?
Short Percent of Float
22.66 %
Of the listed EV stocks TODAY, RIDE has had the most resiliency to the downside of ANY of the EV stocks.
This is AMAZING performance on a TREMENDOUS MARKET DOWN DAY!
I like the fact that RIDE is tracking much more with FSR.
Note how it is diverging significantly from RIVN, which appears to be a lost cause. EVEN FORD is starting to give up on this poorly run company, today, as it sold off a significant portion of its RIVN investment. Not to mention the more than FIVE CLASS ACTION SUITS against RIVN. Not to mention that RIVN is fallen way off of its original braggadocio estimates for production in 2022.
RODE Should be back to 2 dollars by days end.
Nothing has changed in the last week, except the RIDE NEWS is GETTING BETTER as FINE TUNING of the manufacturing contract advances with each day becoming more favorable to RIDE.
One'll be wanting money, for sure.
Hold on. Guarantee one'll have ten cents on the dollar, if one of the lucky ones.
LQMT is probably the best divestment one could ever have made, and LQMT will still not have gone BK.
RIDE passed the CRASH TEST this morning.
Totally recovered from today's brutal DOWN.
Even closed the gap down. HOO RAH! Semper Fi!
RIVN is the one who is not passing the crash test.
They failed the LOCKOUT Test.
Couldn't resist.
Bought 5000 shares this morning.
Already up 10 per cent.
Think we will close above USD 2.00
Sure glad I listened to my own advice.
So many weak hands were utterly destroyed today.
RIDE is a far superior investment to RIVN which is on its way out PRONTO.
I am Bullish over the next 20 years.
Just in time to pay for my grandson's post graduate studies!
THE PPS has Eyes and it surely does not see it.
ZILCH. Not an IOTA or a TITTLE.
As forecast, RIVN is getting hammered today. Expect it to be down 20 per cent (now it is down 16.75 per cent.
On the other hand, I expect to see RIDE up significantly at end of conference call which should have some positive guidance, such as status of AVA loan, increase in funding from Foxconn et alia.
Unfortunately, there seems to be, at present, in pre-market trading, some negative pull down effect from the RIVN LOCKDOWN expiry date today which has really, NOTHING TO DO WITH RIDE's expected good news.
Don't get caught up in the wrong current today!
https://www.cnbc.com/2022/05/08/ford-is-selling-8-million-rivian-shares-sources-say.htmlFord is selling 8 million shares of once high-flying EV maker Rivian, sources say
Published Sat, May 7 202210:30 PM EDTUpdated Sat, May 7 202211:07 PM EDT
thumbnail
David Faber
Ford Motor is selling 8 million of its Rivian Automotive shares as the insider lockup for the stock expires on Sunday, sources told CNBC’s David Faber.
Ford will be selling the shares through Goldman Sachs, sources said.
JPMorgan Chase also plans to sell a Rivian share block of between 13 million and 15 million for an unknown seller, sources told Faber.
In this article
F-0.02 (-0.14%)After Hours
RIVN-0.01 (-0.03%)After Hours
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company's plant in Normal, Ill.
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill.
Michael Wayland / CNBC
Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker is set to expire on Sunday, sources told CNBC’s David Faber.
The automaker currently owns 102 million shares of Rivian. Ford will be selling the shares through Goldman Sachs, sources said.
The lockup defines a period of time after a company has gone public when early investors and company insiders cannot sell their shares. That ensures the IPO is carried out in an orderly manner and does not flood the market with additional shares.
Ford declined to comment, when contacted by CNBC.
watch now
VIDEO02:48
Rivian gradually increases R1S SUV production, addresses supply chain challenges
JPMorgan Chase also plans to sell a Rivian share block of between 13 million and 15 million for an unknown seller, sources told Faber. Both blocks of stocks are priced at $26.90 a share.
Shares of the EV manufacturer have plummeted by more than 50% in the first three months of 2022, reversing course from the fourth quarter, when the company held its stock market debut and saw its value skyrocket.
Rivian said in March it expected to produce 25,000 electric trucks and SUVs this year, as the start-up battles through supply chain constraints and internal production snags. That would be just half of the vehicle production it forecast to investors last year as part of its IPO roadshow.
— CNBC’s Michael Wayland and Ari Levy contributed to this report.
Good News for RIDE Investors, who, IMHO, may sell off RIVN and buy RIDE.
Rivian’s IPO Lockup Ends Monday. Here’s What That Means for the Stock.
Last Updated: May 6, 2022 at 4:45 p.m. ET
First Published: May 2, 2022 at 8:34 a.m. ET
By Al Root
Door panels for the R1T, Rivian's electric pickup truck, are ready for installation on the trim line. Courtesy Rivian
Rivian Automotive investors have been dealing with a lot lately. Something else is coming down the pike. The initial public offering lockup ends in soon, potentially putting millions of shares on the market. That sounds scary, but it might turn out better than investors expect.
Rivian sold shares to the public in its initial public offering at a price of $78 a share on Nov. 9. An IPO lockup, which bars some early investors from selling stock for a period, ends on May 9.
That’s 180 days after the IPO, the typical period in which early investors and corporate insiders are prohibited from selling stock following the deal.
Roughly 800 million shares are affected by the lockup expiration. Lockups, and their expiration, are a normal part of IPOs, and not all that stock will be sold or traded. But investors will be paying particular attention to Amazon.com (ticker: AZMN) and Ford Motor (F)—two early investors in Rivian.
Ford owns about 100 million Rivian shares, while Amazon owns almost 160 million. Ford declined to comment on their plans. Amazon responded in an email saying: “Rivian is an important partner for Amazon, and we are excited about the future. Putting 100,000 electric delivery vehicles on the road by 2030 is no small feat, and we remain committed to working with Rivian to make it a reality.”
The fear, for shareholders, is that large blocks of stock can drive down the price. An IPO lockup expiration, however, isn’t always that bad for a stock. Rivian stock closed Friday at $28.79, down more than 60% from the IPO price.
Meta Platforms (FB) had a large IPO in 2012. Its stock was also trading below its IPO price when the lockup expiration arrived. Meta, then known as Facebook, sold shares in its IPO at $38 a piece. They were about $20 a piece when the lockup expired. Shares dropped about 6% the week coming into lockup expiration, but Meta stock was about 40% higher a month after expiration.
Uber Technologies (UBER) is an example of a large transportation-related IPO. Uber sold shares for $45 apiece in 2019. The stock was about $28 when the lockup expired. Shares dropped about 14% the week coming into the lockup expiration, but Uber stock was up about 2% a month after expiration.
A Meta-like reaction is the hope for Rivian shareholders. Rivian stock is down more than 80% from its November 52-week high of almost $180 a share. Rivian shares dropped 4.2% in a week of volatile trading ahead of the lockup expiration. The S&P 500 fell about 0.2%.
Investors have sold speculative growth stocks amid rising interest rates. Rivian has also run into some speed bumps. The company plans to delivery roughly 25,000 vehicles in 2022. At the start of the year, Wall Street was looking for closer to 40,000.
Rivian’s lockup expiration could turn into a positive catalyst. The stock market is forward-looking, so the lockup expiration could already be priced in.
Some short-sellers cover their bets against a stock after an event like a lockup expiration. About 6% of Rivian’s total shares outstanding have been borrowed and sold by short-sellers betting on price declines. The average short-selling ratio for an S&P 500 company is closer to 2%. If some of the Rivian short-sellers buy shares to cover their positions, that could boost the stock in the short-run.
Write to Al Root at allen.root@dowjones.com
Possibly we should lower expectation a bit, since we just had a stock offering which created, I believe, about a 15 per cent dilution. Isn't that correct?
So the USD 6.89 might be discounted (in terms of we shareholders) down to USD 5.86.
I could be wrong. Please correct, if so. Thanks.
I just brought 6149 more shares of RIDE after market
If you can remember Dr Strangelove and Gen. Jack D Ripper, then surely you remember the Rawlings Liquidmetal Baseball Bat.
And surely you remember that Liquidmetal Golf was once headed up by John B. Hoeflich or “Hoefy” as golf insiders know him, one of the most renowned golf club designers in the world.
https://thegolfwire.com/100485-2/
Note well the attestation to his being President of LQMT Golf.
The Kangs quashed that relationship.
And what happened to Bill Davidson, another President of LQMT Golf?
So, why are you trying to re-invent that which was already "been dere, done dat" AGES AGO!
Yup. Definitely a NINER penny gamble with stellar management to boot.
Lordstown Motors Exhibiting at NTEA Work Truck Week March 9-11
Go Back
Mar 2, 2022
Download PDF
LORDSTOWN, Ohio, March 2, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or "LMC"), a provider of electric light duty trucks focused on the commercial fleet market, will be in Booth #409 at the March 9-11 Work Truck Week in Indianapolis.
Lordstown Motors Corp. logo (PRNewsfoto/Lordstown Motors Corp.)
The Ohio manufacturer is bringing the Lordstown Endurance full size all-electric pickup onsite at the Work Truck Week show at the Indiana Convention Center. The truck launches production and commercial sales in the third quarter of 2022.
Work Truck Week is North America's largest work truck event. Produced annually by NTEA – The Association for the Work Truck Industry, it includes Work Truck Show exhibits, education and training, Green Truck Summit, and networking.
"The Lordstown Endurance is a unique vehicle offering a superior combination of handling, traction control, torque and turning radius that we are confident will be appreciated by our fleet customers," said Edward T. Hightower, President, Lordstown Motors. "With fewer moving parts than more conventional propulsion systems, we also believe the Endurance will have advantages in total cost of ownership."
About Lordstown Motors Corp.
Lordstown Motors is an electric vehicle (EV) innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. Lordstown Motors has engineering, research and development facilities in Farmington Hills, Michigan and Irvine, California. For additional information visit www.lordstownmotors.com.
About NTEA
Established in 1964, NTEA – The Association for the Work Truck Industry, a 501(c)(6) organization, represents more than 2,000 companies that manufacture, distribute, install, sell and repair commercial trucks, truck bodies, truck equipment, trailers and accessories. Buyers of work trucks and the major commercial truck chassis manufacturers also belong to NTEA. The Association provides in-depth technical information, education, and member programs and services, and produces Work Truck Week and Green Truck Summit. The Association maintains its administrative headquarters in suburban Detroit and government relations offices in Washington, DC, and Ottawa, Ontario, Canada.
https://investor.lordstownmotors.com/news-releases/news-release-details/lordstown-motors-exhibiting-ntea-work-truck-week-march-9-11
No problem. You have twelve years until you retire.
"STIFFED" is the operative word.
NOT "STUFFED"
No contracts, no prospects, no competency is reflected in the PPS now in the
NINES NINES NINES NINES NINES NINES
NINES NINES NINES NINES NINES NINES
Correction: As of 09:53 PST, LQMT PPS is 0.0986, NOT A DIME STOCK.
the intent of most on this board: to encourage MANAGEMENT to GET RIGHT WITH NORMAL BUSINESS EFFORT. This has come in many ways:
1. By suing John and James Kang for corrupt actions
2. By seeing to it that John Kang and James Kang were permanently removed from the company.
What remains so astonishing is that LUGEE LI would retain the one employee, Dongju Chung, who was, since May of 2004, a part of everything that has occurred since then and appoint him CEO. Ask yourself about all the changes in auditors (more than seven) and all the late filings by the financial department. And, why is it, that Bryce Van, the one honest CFO left the Company?
This is total INCOMPETENCE upon the part of LUGEE LI: to strip LQMT of all of its productive assets and turn it into a financial holding company. To run the stock from 44 cents down to the current NINE CENT STOCK that it is TODAY.
It appears to me that the ATV Loan is on the tipping point of being approved, now that CIFUS has been approved.
Is this something we could hear tomorrow, Monday, or on May 14.
Anybody have some keen insight to this ATV Loan status?
Lordstown Motors Corp. Advances to Next Stage in Department of Energy’s Advanced Technology Vehicles Manufacturing Loan Program Application
February 27, 2022
LORDSTOWN, OH, (January 13, 2021) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, has accepted an invitation from the United States Department of Energy to start the due diligence process toward securing an Advanced Technology Vehicles Manufacturing Loan (“ATVM Loan”).
The DOE’s invitation is not an assurance that Lordstown Motors will secure an ATVM loan. The ATVM Loan Program was authorized by the Energy Independence and Security Act of 2007 to support the manufacturing of eligible light-duty vehicles and qualifying components in the United States. Since the start of the program, the Department of Energy has closed on more than $8 billion in loans.
“As we’ve said before, our business model is not reliant on receiving the ATVM loan,” remarked Lordstown Motors CEO Steve Burns. “The funds would, however, enable us to increase production capacity to get the Lordstown Endurance to more customers more quickly, while simultaneously advancing research and development of future vehicles.”
----
About Lordstown Motors Corp.
Lordstown Motors Corp. is an Ohio-based original equipment manufacturer of light duty fleet vehicles, founded by CEO Steve Burns with the purpose of transforming Ohio's Mahoning Valley and Lordstown, Ohio, into the epicenter of electric-vehicle manufacturing. The company owns the 785 acre, 6.2 million square foot Lordstown Assembly Plant where it plans to build the Lordstown Endurance, believed to be the world's first full-size, all-electric pickup truck designed to serve the commercial fleet market. For additional information visit www.lordstownmotors.com.
Forward Looking Statements
This press release includes forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “feel,” “believes,” expects,” “estimates,” “projects,” “intends,” “should,” “is to be,” or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: whether the ATVM Loan will be approved following completion of the due diligence process; our limited operating history and our significant projected funding needs; risks associated with the conversion and retooling of our facility and ramp up of production; our inability to obtain orders from customers and potential customers’ inability to integrate our electric vehicles into their existing fleets; our inability to retain key personnel and to hire additional personnel; competition in the electric pickup truck market; our inability to develop a sales distribution network; and the ability to protect our intellectual property rights. Any forward-looking statements speak only as of the date on which they are made, and Lordstown Motors Corp. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Contacts:
Investors: lordstownmotorsIR@icrinc.com
Media: Ryan Hallett: lordstownmotors@ottoandfriends.com
©2022 Lordstown Motors
Code of Conduct
Supplier Partners
Media
Subscrib
About as much attention as your cat swallowing a viagra pill.
Being short RIDE and long LQMT shows broke boys blues the long and short of WATT WE CALL:
LOSE LOSE investing.
Broke Boy Blues
Being up 9 percent against the stock markets rout tells me that
more is afoot with Foxconn, Fisker and Lordstown....
ESPECIALLY, when there is no NEWS specific to Lordstown.
Broke Boy Bet the wrong way on two,
Now he doesn't know what to do.
I recall Kenny Rogers advice to BBB:
Hold and Fold, except the exact reverse is done by Triple B.
Slam, bam, thank ye, mamm.
No need to explicate, Triple B,
Just take the time to extricate.
The TREND is my FRIEND
Out of LQMT and FULL in LORDSTOWN
"There are many ways of going forward, but only one way of standing still."
All I know is that my investment in RIDE is NOT standing still.
UP 9 per cent today and UP 18 per cent from my purchases at USD 1.93
RIDE is NOT STANDING STILL
where as, LQMT is down 78 per cent from Lugee Li's high of 0.44.
The Back Boys are Broke.
Regardez, s'il vous plait.
Most important: TODAY
While the rest of the market is TANKING, RIDE is up 9 per cent.
Calls to question Bruce Bromage Boys line of reasoning, NO?
Actually, the week just started yesterday, BBB, and a week from today, The Talk shall have made its Walk with a BIG STICK.
There's time for late stragglers to jump in. The boat is still at the dock.
Good luck to all the patient Longs.
https://www.wkbn.com/news/local-news/fisker-ceo-says-lordstown-is-ideal-for-producing-its-new-pear-electric-car/?fr=operanews
Old news, but still very encouraging because it has come to fruition.
Compare the link above with the most current link below:
https://businessjournaldaily.com/fisker-ceo-no-change-in-plans-on-building-pear-in-lordstown/
See the upside for Lordstown?
The broke back boy, however, sees only the downside.
You decide for yourself.