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Good Video to watch on Foxconn MIH and LMC
Why is this tanking so much ? It should be going up when the market tanks . What am I missing or is this manipulation?
Speculating.
I have to agree with you 100% there. CFO Daniel Ninivaggi said “driving the Endurance truck is like driving a sport car “
A recession is inevitable. The issue is how bad of a recession.according to some experts is going to get uglier before it gets better . Be frugal
Good video ! Thanks for sharing.
That is only your opinion when you say “ of course they will “ .
It’s now a matter of time before an announcement of the certification by the NHTSA of the Endurance.Also a production vehicle needs to be driven by the jurors of the 3 finalist truck of the year. So soon we will find out how LMC does. I expect a big surge in the next 30 -45 days once this is announced . IMO
Has anyone thought what would happen to the PPS if the Endurance wins Truck of the year ?
Foxconn is not going to let LMC go Bankrupt, there is no way after they have invested this much time and money and now being nominated in the top 3 for Truck of the year. And yes I expect the PPS to go back to $9.00 sometime in 2023 . LMC CEO Hightower reiterated delivery in the auto show of the Endurance truck in 4Q . Sometime between October and December of 2022. IMO
The same time last year RIDE surge to $8.89 on the Foxconn deal announcement. Today $1.87 . Maybe in 2023 this can go back to $9
The Endurance truck being in the semifinals top 3 has put LMC in a better position . I expect Ford to win with the lightning and possibly coming in 2nd. I don’t believe any of these jurors have driven in vehicles with a hub motors the handling should be superior to Ford and GM . I know LMC has taking a long time to get the Endurance in the market but when you look at other EV’s LMC has taking about 4 years and this last year has been the tweaking of the Endurance getting it ready to the public. After all LMC does not want any recalls and once these trucks are in the hands of some key buyers the word will get around and then the real orders will start to come in. My estimate is in 6 months from now should be interesting.
“ An actual win in the North American Truck of the Year category would be shocking.”
I hope that CEO Hightower has some good news in the next couple of weeks. There are no trucks with Hub Motors . The Endurance truck should get the best handling overall for a truck . I am not surprised if LMC gets bought out after production announcement from LMC by a competitor . I saw that Foxconn in their presentation said that a truck start production but they did not say the Endurance truck started production in July but we all know that Foxconn has not built any other trucks . Most likely LMC has started production and they are waiting to burn the shorts with a better planned PR. IMO
See you under $1.00 soon
“We are proud to be a part of this amazing journey with our client Lordstown Motors. Being a semifinalist for the 2023 North American Truck of the Year award is a distinguishable honor to witness. Just goes to show that everything is worth it when you #WorkForIt”
The Endurance Truck in the semi finalists. I hope the Endurance is in the finalist list . This could be a surprising catalyst for the PPS.
Wow the Endurance Truck is running for an award of the top 3 trucks .very impressive!
It’s just a matter of time this stock should start to pick up some steam . Production announcement is imminent. I expect some news sometime this month on production with updates. LMC just tweeted after almost one month being silent.
I just added some more shares at $1.91 …..trading kind of stuck between $1.90 and $1.91. I don’t like it because normally there is breakout either to the downside or upside. We will soon find out .
People, news, media keep saying suicide and no one saw the CFO jumping off the building and just on the floor without a wallet. How about the bears pushed him out the window ? The bears are the murderers .
Why jump off and not pushed ?
In September 2021 the PPS was in the $6.00 area and high of $8.89 . Being at $2.00 and one full year has passed with Foxconn JV controls 55% so they are in control. $6.00 soon again. IMO
PPS. should start to move up once LMC has a PR on the official delivery of Endurance to their first fleet customers.
Gaps filled . Added under $2.00
This company Forza is essentially a shell . More like a cartoon drawing . They are building the first prototype as we speak and the market cap is 35 million . Good concept but the market cap should be around 5 million.. I’ll buy this for $1 or $2 and play as a lotto ticket .
When is the reverse split take effect here ?
The stock is about to go Parabolic now . Production announcement and new financing is imminent.
Ed Hightower recent buy shows that something really good and BIG is about to happen. IMO
https://quantisnow.com/insight/3349835
CEO Ed Hightower just bought 10K shares . $20,600 worth
Well Steve Burns is most likely enjoying his 20 millions dollars worth of stock that he sold so far. I really do not think that Joe Burrows will endorse on a scam company .
I have hunch feeling that $Muln is going to fall like humpy dumpy in one day to around $.38 and bounce back so I’m putting an order to buy 10k shares at $.39 and see if it fills. Of course hoping for a bounce after that and sell. Not holding for more than a day .
Maybe so but by the time they have enough money to produce any EV’s they WILL have to go thru a reverse split 500 to 1 and drain current shareholders . It’s like the stock going from $.62 now to under one penny. Selling shares to get to a billion dollars is needed for a start up. Just look at Tesla how much money they spent for production . And Amazon did a few reverse splits before wiping out early shareholders. The same thing will happen here with current shareholders will be wiped out . IMO
“Amazon has undergone four stock splits since the company was founded on July 5, 1994. While the company split its stock in 2:1 and 3:1 ratios previously, the latest 20:1 split is quite a leap. It took ten years for Amazon stock to really rally after the last split in 1999.Jun 15, 2022”
The circus will continue as long as the person in charge here continues to run the stock into the ground . From $18 in 2015 to $2 and some change now.COVID 19 saved this company from filling BK .
With the way this economy is heading I would not be surprised to see this under $2.00 soon. Cohen retired and it should have been the old fart .
Ed Hightower is falling asleep at the steering wheel here.
I know that Foxconn said in their slide show when they reported that small production started with trucks .
No mention of LMC but one can only speculate .
I would like to hear it from the horses mouth .
We are back in September next week again and the same BS
Everyone said to "buy and hold"
They all lost their collective asses.
It's about to get much worse
I AGREE 100%
Sometimes Blackrock can be very dumb but they also make money shorting it’s own stock .
https://www.bloomberg.com/opinion/articles/2022-07-20/how-blackrock-lost-1-7-trillion-in-six-months
With futures diving tomorrow RIDE may go down $2.00 . My take is $1.80 tomorrow. We will soon find out.
It looks like another red day tomorrow and I expect to see $.50 here . IMO
“U.S. equity futures slide along with Asian stocks after Federal Reserve Chair Jerome Powell signaled higher-for-longer interest rates. #BQMarkets”
What is there to read really ….. they have 99 million in cash by via dilution . Mullen has not sold one EV and is not even close to selling any EV’s in the next 12 months .