Nice 10% day for RIDE longs.

Let’s all Dream of # 9

Look at that a black Endurance with the # 9 .
https://twitter.com/LordstownMotors?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

I hope it stays down in this area for 2 weeks so when I get my income tax and load up some cheap shares

https://www.marketwatch.com/articles/super-bowl-commercials-electric-vehicles-51644574021?mod=mw_latestnews

This is good for retail buyers of stock
https://www.sec.gov/news/press-release/2021-239

FOR IMMEDIATE RELEASE
2021-239
Washington D.C., Nov. 18, 2021 —
The Securities and Exchange Commission today published proposed Exchange Act Rule 10c-1, which would require lenders of securities to provide the material terms of securities lending transactions to a registered national securities association, such as the Financial Industry Regulatory Authority. The registered national securities association would then make the material terms of the securities lending transaction available to the public.

From Stocktwits
st
jonesofcolorado
Bullish
2m
$RIDE
Save the date! Some important dates coming up that could be nice (if not huge) bumps to the share price!

• Mar 15 – $50 million payment from Foxconn
• Apr 30 – $30 million payment from Foxconn
• Apr 30 – Reimbursement from Foxconn of all operating expenses toward the Endurance from September 1st 2021 through April 15h 2022
• Apr 30 – Foxconn deal finalized
• Q3 2022 – Production!!

Definition of 'cry wolf'

If someone cries wolf, they say that there is a problem when there is not, with the result that people do not believe them when there really is a problem.

Commercial for Super Bowl ?

As we continue to build and test our pre-production vehicles, it’s a thrill for the entire Lordstown Motors family to take a moment to cheer on our brand ambassador, @JoeyB. He embodies the #workforit spirit. And so do the millions of workers who keep the big day in motion. pic.twitter.com/rRjnBRvoPW

— Lordstown Motors (@LordstownMotors) February 11, 2022

Foxconn CEO mentioned MASS production. In 3rd Quarter
. The word MASS
MASS is the quantity of matter in a physical body. It is also a measure of the body's inertia, the resistance to acceleration (change of velocity) when a net force is applied. An object's mass also determines the strength of its gravitational attraction to other bodies. The SI base unit of mass is the kilogram (kg).

MASS PRODUCTION DEFINITION:

the production of large quantities of a standardized article by an automated mechanical process.
"factories built for the mass production of manufactured goods"

Shorts are beating this stock like a red haired stepchild.

https://www.asiantechpress.com/taiwans-foxconn-to-launch-two-new-cars-in-october-continue-globalization-of-ev-business.html

“In addition, the Endurance electric pickup truck, jointly developed by the company and electric vehicle startup Lordstown Motors Corp. in the U.S., will be in mass production in the third quarter of this year at the earliest.”

As long as LMC is on target ( which I believe this time they are with Foxconn ) then these trucks should hit the streets soon. 5 billion market cap is not a pipe dream but the reality of things that can happen here by 3rd quarter of 2022. IMO

What I would really like to see is the is The Bengals win the Super Bowl and here comes a brand new Black Endurance for Joe Burrow at the end of the game !

It should start to moon again soon .IMO

This stock looks like it wants to moon again .

It’s a fake account.

I want to say that the average of the following holding from Vanguard and Blackrock is over $10.00 PPS !

“There are presently around $120 million, or 27.20% of RIDE stock, in the hands of institutional investors. The top three institutional holders of RIDE stocks are: VANGUARD GROUP INC with ownership of 9,788,848, which is approximately -2.828% of the company’s market cap and around 15.30% of the total institutional ownership; BLACKROCK INC., holding 7,485,877 shares of the stock with an approximate value of $18.34 million in RIDE stocks shares; and INVESCO LTD., currently with $10.67 million in RIDE stock with ownership of nearly 18.712% of the company’s market capitalization.”

Almost but no cigar my friend

They are negotiating. Something should pass sometime this year .IMO

All this is being investigated by the SEC and DOJ. Something should be resolved in the next 90 days. These cases take around 9 months to 15 months to solve . NiKOLA motors took about 12 months I believe.

It’s good to see the CEO of Foxconn speaking up on behalf of LMC.I believe LMC is under a gag order right now and need to keep hush -hush. All in my opinion

Nice move !

Foxconn already bought at $6.89. In February 2022 there is another 50 million coming in for LMC. I don’t know how the 50 million will be distributed. Buying stock maybe ?

“Among other representation, her notable work in 2020 includes guiding LMC through the process of transforming from a start-up to a publicly traded company with a $4.8 billion market cap.”

Partner Melissa Leonard received an honorable mention in Mergers & Acquisitions’ 2021 “Top 25 Most Influential Women in Mid-Market M&A. https://www.bakerlaw.com/news/melissa-leonard-earns-honorable-mention-among-most-influential-women-in-mid-market-ma

Good video ! Thanks

Correction !
https://businessjournaldaily.com/lordstown-motors-director-unloads-stock/

I can’t believe how Wallstreet just wiped out about 80 billion dollars off the market cap here. Some hedge funds made out like a king shorting this. Some of you knew this was way overpriced but the investors that get caught up holding the bag is the small retail investors.

I don’t know what to make of this sale if it was for tax purposes or just a sale at all time lows ?
https://businessjournaldaily.com/lordstown-motors-director-unloads-stock/

I don’t know what to say about the PPS but Robinette will go down as the worse president in US history. IMO

HOMOLOGATION - CEO Dan Ninnivaggy said this .

Thanks for the new tweet. Nice to see the big boys visiting LMC.

It looks like they are on target with the testing and validation for the first part of Q1 with 10 trucks in site . I wonder how many are inside that he could not see?

Key word : Real Potential for sales. In God We Trust .

I hope to say that in about a couple of months from now that the shares are cheap . The reality is that LMC has not validated and approved the Endurance truck by the NHTSA . Once this happens then it can go to mass production by Q3. It’s still a lotto ticket but the odds are better with Foxconn than without them.

I don’t really understand Jack Cheng tweet but from what I can see is the Endurance can now go 0-60mph in less than 3 seconds ?

34046 shares valued at today’s PPS of $3.22 = $109.600

Happy New Year 2022 to Bulls and Bears ! I hope you all make money in 2022. Bears all you have to do is cover !

I’m jealous but hey I wish you the best here . My average is in the low $5’s . Over 5000 shares