making money $$$$
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Oh…
so that’s going to make lordstown more valuable?
I’ll let the world know when I’m ready I like to time it for a 1 yr period unless a number comes along that’s justifiable.
Right now I’m more curious to see how the vote goes on the 150mm shares
Lol it was sarcasm.
If they were truly making “skateboarding” anything I would be going bananas and making a huge deal out of that. That would be either super criminal, or totally amazing depending on how you look at it
No whining here.
FACTS.
Please read the posts for rebuttal
Otherwise your just cheerleading for pps.
I think this has a chance down the road IF AND WHEN they produce. But your acting like it’s a wrap….
Again I’ll say to you that posting doesn’t matter since there’s only 4 people posting and I really don’t believe you owned shares @2 while sitting on the bid 25% lower for shares @ 1.50 which means you purposely wanted to cause slippage???
Also just because Foxconn is a 540mm company doesn’t equate to success….that’s foolish to think like that.
And this potato chip monopoly you speak of….does that mean they will have buyers lined up to buy?
Hummer EVs sold out very quickly….and you don’t think when ford comes out with their fully equipped electric truck (which has been the top selling truck brand) won’t have orders out the wazoo?!
It’s hard to compare with brands that actually have access to dealers. Most people in america live within 5 miles of a ford or GM dealership.
Tesla got as far as it did Becuase Elon took a major risk with his money and it paid off nicely (while sleeping on factory floor, moving company to Texas for cheaper immigrant labor and taxes, using almost his entire fortune) and they have yet to turn a profit.
I don’t think you realize how much goes into a company that manufactures vehicles and 540mm dollar Foxconn hasn’t EVER produced a vehicle. I hate to say it but one recall or service issue will be bad. Your also acting like 540mm is a lot for a vehicle company…. News flash! It’s not….
They would have to sell 50,000-100k trucks at a price tags of 100k per year to make it worthwhile otherwise the company will bleed out. Factor in labor, insurance, etc.
then you have a serious company. They don’t even have this process setup properly….you can fool yourself but your not fooling me.
You mean the writing and verbiage in the filings?
Yeah….I read all of it.
Not just read it but also understood it and the possible outcomes.
Howdy!
The truth is the real reason why some people make out like champs and others get their accounts cleaned out.
And you know I speak truths in loud volumes.
150mm plus in shares and I hope everybody voted NO
I have a bad feeling that a NO vote won’t even matter…if they can’t get money that way, they will have to raise capital via offering which is another way to circumvent voting rights.
If there are bigger players behind the scenes, then expect OS/AS to rise
So you really think a smaller company like lordstown is the only company that’s going to get semiconductor chips???
Cmon….
They do not have enough money to command that kind of dominance over competitors unless they produce their own chips. Even if they did it would be very expensive to actually do so. Not to mention the different types of semiconductors that go into a vehicle.
It’s not just one chip….it’s many that make up a EV’s structure. Infact they use more chips than a fully loaded luxury vehicle.
No need to curse….
Just looking at facts and logic.
not all news revolves around a message board with the same 4 posters including myself.
Also there is no denying what I had stated since dealer coverage is practically non existent….
How many lordstown dealers will pop up?? How many are currently being built?
I think this is a very important fact to consider especially if a vehicle has issues and only has a handful of dealers to cover service.
Feels like a cheer squad that refuses to play devils advocate as opposed to investors that would look at all angles before investing as opposed to praying for share price to rise.
Yet they will continue selling trucks.
You do realize GM, Toyota, and Ford are making electric trucks now…..
After they offically start rolling off the production line….other EV companies will suffer. Including Tesla, lucid, and rivian due to not having enough dealer coverage.
Lol
Now they are doing skateboard trucks???
Wtf?!
I had to point that out with all the EV companies popping up as a good investment choice as that should see steady growth….I’d even say if you could find a decent ETF for metals that has 2x-3x leverage wouldn’t be a bad idea
Did you sell?
I’d imagine if they purposely put themselves on expert they will have some legal problems with whoever bought the reg A.
I’m good either way!
I actually hope you make money.
I’m officially the 4th out of 4 consistently posting here which is not a good sign….
I’d like to see a nice base before jumping in again. Otherwise the risk is not worth the wait and definitely do not put your eggs in one basket here.
Just for reference, I would spread money out in a few things especially raw materials of the batteries themselves. You’ll notice the prices of cobalt and nickel rising along with lithium.
Hey now!
It’s only .50 cents off “the bottom”…..
And no this is not a LUNA.
This is the future of crypto transactions being backed by “insurance” which to me was always the issue with taking payment in crypto due to the volatility in the sector.
In reality FLEXA/AMP has the ability to give cryptocurrency a way to pay for ANYTHING without fear of being duped by falling prices and that was always a major concern for anybody willing to transact.
Great! Either way works out good.
And .04-.05 could happen very quickly based off the chart.
I’m always skeptical.
That why I never out in what I’m willing to lose and cap OTCs at a 10-15k max.
That’s why I’ve repeatedly stated that if it goes it’s great! If it doesn’t go that also great as I can use it to balance my P and L.
Either way can’t play if you don’t have the tickets.
I miss da burbs and melting pot
How can you even say this….
you only post on PSRU and that crappy stem cell company that was a good trade turned to ashes. And all posts are of same narrative….
Which market maker do you work for?
12 trades on the day.
Getting close to something happening….
You do not know yet and to say that’s it is totally erroneous.
The bottom could be lower than your supposed buys at 1.50 but again (let’s hope you actually read these posts) I pray people get their money back as they blew the floor out on the last “bottom”…..
You must be a shareholder.
Just know this is a board of opinion.
If you think I’m fishing for shares your sadly mistaken “padre”.
But I actually do hope it turns around as ALOT of people lost money here.
Lol sorry?
I truly was not concerned and I’m pretty sure nobody here got 1.50’s as not one person posting here had a single thought on RIDE ever going this low.
When I go back and check the history of trades, there seems to be very little that got those shares (lots were strange)
….and bidders will continue trying to get cheaper shares if this continues. Self fulfilling prophecy as now the bidders have to rely on people hitting the ask waiting for the next valuation that traders can take advantage of.
Either way I still think they could pull something off if they can stop the dilution or use the shares as equity. But If there is a good trade at 2 or 3 then so be it
I don’t expect this to come on until every thing is in place and that’s usually when nobody is paying attention on retails side except for the few that are here
Let’s see if it goes up to close the gap.
If it pushes up to close the gap and drops, good chance we actually build a base. Around the 150-160 area which then I would highly consider jumping back in.
I refuse to jump in head first on anything until there is concrete evidence that would point towards a favorable outcome as opposed to heresay.
Hence the reason I’ve been watching and saying that there could be a nice bounce from these lows but still haven’t seen a bottom that ANY trader would jump in due to how it resembles one of two patterns
1. Falling knife
2. Dead cat bounce.
But
If the pricing can hold and build a nice base, then I would consider jumping in again. Didn’t do bad on the first trade….
And watching daily is something I have the ability to do
Honestly, I’d like to believe anything under .04 is a steal.
This should be sitting Atleast 5x this current pps but this has just seen the effects of being tied into a sector.
During times like this it will only help weed out the shit coins and bad investments and the investments that are logical or have good capitalization will survive THEN thrive
Good thing I don’t short anything under $5
Wayyyy too risky
Don’t ever say “never”
Now at 1.88….
We’re coming up on a recession that could be as catastrophic as 2008
Jesus there was a shakeout and a half there.
I might be wrong about .008’s….
Let’s see what happens over the next few months
Trust when I say I’m not really worried with now a possible 150mm shares coming into the markets.
I leave all emotions at the door.
Now if this started rising and I see something that would peak my intrest, then I have no problem jumping in.
But until then…
Also I believe you mean to to say $2?:
“I believe Rivian went from over $150 pps to $20 in short order because of Lordtown Motors patented In Hub Motors together with Foxconn becoming a now partner with many more EV's to showcase and beyond. This may just become the largest JV of all time.”
I’ll be honest and again not trying to burst your bubble since it’s low enough where a good TRADE should happen via bounce but the old executives sold off pretty much everything and that press doesn’t bode well as it shows that the old executives do not have faith in what’s transpiring. Let’s say you were the old CEO and you had just gotten your severance package via shares…even if you got axed, it would have made sense to keep the shares or Atleast half for down the road if the company was heading in a proper direction or a direction that would be considered worthy enough to hang on as those shares, from your perspective, are worth way more than what the old CEO thought. But alas, they bailed…that’s another concern of mine.
You may have said why but not that I can remember sicne I’ve been watching. But it’s moot sicne the rivian company has full fledged production.
Bottom line is that rivian has a truck on the market getting good reviews and is considered to be a great vehicle as where this brand hasn’t rolled one vehicle off the line. This is not a company like tesla with huge govt contracts (hence the reason why that stock blew up as they have yet to turn a profit but will consistently get money from govt for space x).
Now to answer your speculation on why it dropped…. That’s very easy. Investors were unloading shares at alarming rate including the old CEO.
A big concern of mine is the companies now that are already incorporating EV’s into their lineups and they have better marketing, service, etc. which makes it hard for new companies to even compete in that sector. Honestly RIDE’s PPS was a bi product of that damn surging sector which is now cooled off. IF they start production things could be different but by adding 150mm shares to the charter, they are showing that they are trying to raise capital and I have to say it’s bad timing on behalf of management due to what’s going on economically. Seems to me like they were late to the party thus will be harder to sell shares and find decent rates for financing. If they would have made this happen a few months ago they would have been in a much more favorable environment for funding but alas….there’s going to be a recession and funding will dry up.
Who knows though. They could be using the shares to stay afloat during this coming recession as that would be smart to have working cap stashed. Especially for a semi startup company
Why get rid of rivian?!
They actually have trucks that work fantastic. There’s no denying that as most of the reviews that mid sized truck has gotten have been stellar. Plus that little thing is fast as shit and can tow better than a f-250 or a 2500
I wouldn’t call that a solid base.
But to each their own.
From my perspective, I’d like to see pps form a base for Atleast 2-3 weeks before calling it a true bottom. Or even see it pull a double or triple bottom. Also not sure if you were watching those days but those shares going out mostly went into the bid with the SAME MM
Lmfao 60-100k is peanuts for commons….
I’m not a mega multi millionaire but 100k for common stock is always a risky investment for a company with a chart like that and no real outlook on forthcoming ventures