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I have not listened in. Normal just wait to hear others feed back, reactions and sentiments.
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Agreed.....Definitely in need of a qualified PR person and campaign to raise and keep awareness of the these positives until execution of planned production and there-after, going forward.
PROMOTE!, PROMOTE!, PROMOTE!...
Burns should get more serious and focused on presentation of the Endurance Truck.
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Quote:
We have passed two of the most difficult crash tests – frontal and pole – and vehicles are performing as planned during other durability and validation tests; we continue to expect we can achieve a 5-star crash rating.
https://finance.yahoo.com/news/lordstown-motors-reports-first-quarter-200100538.html
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Lordstown Motors Slashes 2021 Production Plans; Will Need to Raise Capital
The electric vehicle start-up did say it will begin production on its previously announced timeline.
Howard Smith
Lordstown Motors (NASDAQ:RIDE) announced its first-quarter financial update after the bell Monday, and investors got a mixed bag. Shares of the aspiring electric pickup-truck manufacturer began a more than 50% slide in March when a short-seller report questioned the accuracy of its order book, as well as its ability to begin production on schedule later this year.
Today's announcement did confirm that the company still plans to begin production of its Endurance pickup truck by the end of September, but volume would be "at best" 50% of previous estimates. In addition, the company said it is seeking to raise additional capital to fund its start-up plans.
Lordstown said it has completed production of 48 out of 57 prototype Endurance vehicles, and it said it is on track to achieve its expected five-star crash rating. But it also said operating expenses for 2021 are going to exceed previously announced levels by $115 million at the midpoint of guidance, and it will therefore need to raise additional capital. CEO Steve Burns added in a statement, "We believe we have several opportunities to raise capital in various forms and have begun those discussions."
The March short-seller report questioned whether the company had actual commitments for orders, or just inquiries. Today, Lordstown said in a related comment, "we anticipate an acceleration of purchase commitments going into the second half of the year."
After Lordstown's management said it will host visitors including investors, customers, and suppliers from June 21 to 25 at an event at its plant in Ohio, the company's shares spiked. But today's financial update seems to be leaving more questions that the company will have to answer at the Lordstown Week event.
https://www.fool.com/investing/2021/05/24/lordstown-motors-slashes-2021-production-plans-wil/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Agreed.....It will come down to the quality, performance, safety and reliability of the manufactured vehicles presented to the public.
WE WILL SEE!
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
UPDATE 1-Elon Musk says Tesla eyeing Russia as a potential production hub
MOSCOW, May 21 (Reuters) - Elon Musk said on Friday that Tesla was close to establishing a presence in Russia and was looking at whether it could open factories there.
Addressing an event in Russia via video link, Musk said the company already had production sites in China and the United States, but was looking at opening production facilities in other parts of the world.
The Russian Ministry of Industry and Trade invited Musk to Russia.
"Dear @Elonmusk, we were delighted to learn that you are considering building a factory in Russia. By the way, we have a number of state support measures for local OEMs (Original Equipment Manufacturers). Come to see us, we'll talk about it :)," it said on social media in English.
Russian small private carmaker Zetta is designing an electric car and plans to launch production this year.
The auto industry in Russia, a global oil and gas exporter, has no successful electric car projects at present and analysts see slim prospects in the near future, primarily due to poor charging infrastructure. (Reporting by Alexander Marrow; Editing by Andrew Osborn and Dan Grebler)
https://www.yahoo.com/finance/news/1-elon-musk-says-tesla-172224645.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Tesla To Deliver Model S Plaid On June 3; Musk Calls It
Amid his preoccupation with dictating the fortunes of the crypto realm through stray tweets, Tesla, Inc's (NASDAQ: TSLA) flamboyant CEO Elon Musk has some tidings to offer for the company's customers.
What Happened: Musk announced through a tweet that Tesla had scheduled the delivery event for the Model S Plaid sedan at its California factory on June 3. Musk said that Plaid will be the fastest ever car, capable of accelerating from 0 to 60 miles per hour in two seconds. The Model S Plaid is a performance variant of Tesla's Model S five-door liftback EV sedan launched in 2012.
Tesla had introduced the Plaid variant and an upgraded version of the existing Model S sedan in late January. In the company's first-quarter earnings call in late April, Musk announced that deliveries of the new Model S, with a revised interior, new battery pack, new drive units, and new internal electronics, may begin in May.
Plaid Specs: Specifications available on Tesla's website show that the Plaid can hit 200 miles per hour top speed and has a peak power of 1,020 horsepower. It has a range of 390 miles. The Plaid would have three independent motors, each with a carbon-sleeved rotor that maintained peak power output even at top speed. Tesla claims it to have the lowest drag. It would have a starting price of $114,490.
Tesla currently allows ordering for a Plaid with a non-refundable order fee of $100. The company had earlier hinted at delivering the Plaid variant in August or September. A Model S Plaid+ version is also in the works, which is not expected to be available until the middle of 2022. It is said to have an even better range of 520 miles and has the performance capability to accelerate from 0 to 60 miles per hour under 1.99 seconds.
https://www.yahoo.com/finance/news/tesla-deliver-model-plaid-june-101116184.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Why Lordstown Motors' Stock Is Crashing Today
What happened
Shares of electric pickup truck start-up Lordstown Motors (NASDAQ:RIDE) were trading down sharply on Thursday morning after Ford Motor Company (NYSE:F) unveiled its all-electric F-150 Lightning.
As of 11:00 a.m. EDT, Lordstown's shares were trading about 12.6% below Wednesday's closing price.
So what
If you're reading this, you probably know that Lordstown is gearing up to start production of its Endurance, a battery-electric pickup truck ostensibly designed around the needs of commercial and government fleet customers. With some backing from General Motors (NYSE:GM), and some promising early interest from fleet buyers, Lordstown looked like it might have a chance of sticking around for a while.
Until now.
The problem for Lordstown is that the leading automaker in the U.S. commercial-fleet market -- that would be Ford -- just showed the world how it plans to remain the leader of that market, and of the pickup market generally, as the world transitions to zero-emissions vehicles.
Ford's new F-150 Lightning is an impressive product at an impressive starting price -- just under $40,000 before government incentives. Lordstown probably won't be able to match that, at least not profitably, which is why its stock price fell Thursday morning.
The Lordstown Endurance is expected to start at $52,500 before incentives -- over $10,000 more than Ford's F-150 Lightning.
Now what
This is about more than the F-150 Lightning's starting price. Fleet managers who have been doing business with Ford for years largely know what they'll get with an electric F-150. Even if the total costs of ownership for the Lightning and the Endurance were comparable, it would be very hard for Lordstown (or any other commercial-vehicle newcomer) to convince those fleet managers to take a chance on a new vehicle from an untested start-up rather than going with a similar option from a brand they know.
Put another way, the investment case for Lordstown, and for most of the other start-ups aiming to produce electric vehicles for commercial-fleet applications, just got a lot harder to make.
https://www.fool.com/investing/2021/05/20/why-lordstown-motors-stock-is-crashing-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
So what!
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Lordstown Motors Stock Is Soaring for at Least Three Reasons
Stock in electric-pickup truck maker Lordstown Motors is soaring, even though there isn’t much news to explain the move. A mix of smaller, tangential factors seems to be what it took to relieve some of Lordstown investors’ recent pain.
Lordstown (ticker: RIDE) shares rose almost 20% Tuesday, bringing the gain since the close of trading on Friday to about 37%.
The biggest development Monday was word from management that it would be holding “Lordstown Week” in June. The planned gathering was billed as “a weeklong event at the company’s Ohio headquarters …featuring factory tours, presentations and test drives of the Lordstown Endurance, the world’s first all electric commercial pickup truck.”
An analyst event typically doesn’t move a stock that much, but it could be a factor.
Another explanation is earnings, or financial reports, to be more precise. Most small-capitalization EV companies don’t yet have sales, so their quarterly reports don’t include earnings. Instead, they are an opportunity for companies to update investors about vehicle development.
Fisker (FSR), another EV manufacturer, reported first-quarter numbers Monday evening. There were no surprises and shares rallied almost 9% Tuesday. One stock moving higher can often translate to gains for a peer as investors look at relative valuations between companies.
Lordstown is slated to report its numbers this coming week.
https://www.barrons.com/articles/lordstown-motors-stock-is-soaring-for-at-least-three-reasons-51621373115?siteid=yhoof2
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Agreed.....
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Why Lordstown Motors Stock Drove Higher Tuesday
With lingering questions surrounding the electric vehicle start-up, the company scheduled a week for investors to visit.
What happened
Lordstown Motors (NASDAQ:RIDE) shareholders haven't had a great ride so far in 2021. The stock is down 50% year to date. And that is after shares have soared almost 30% in the last week. That includes a more than 20% jump today, as of 3:50 p.m. EDT.
So what
The striking reversal came as the company announced yesterday that it will host a "Lordstown Week" next month. That could be significant in answering many of the lingering questions that have been raised, and which also played a large role in driving shares lower this year.
Now what
Much of the negative sentiment on the stock came when short-seller Hindenburg Research put out a report on the electric vehicle maker. It questioned the legitimacy of Lordstown's published data for preorders of its electric Endurance pickup truck. Subsequently, the company announced it was under investigation by the Securities and Exchange Commission (SEC) regarding the accusations.
But investors are cheering the news this week that the company is opening its factory doors and allowing investors, analysts, customers, and partners to tour the plant, test drive the product, and attend presentations for a week in June.
Lordstown's management team will host attendees from June 21 through June 25. While the invitation doesn't directly resolve questions, the offer seems to have investors believing that the company will be able to assuage many, if not all, concerns. And shares are shooting higher today as a result.
https://www.fool.com/investing/2021/05/18/why-lordstown-motors-stock-drove-higher-tuesday/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Shorts felt a need to cover, based on the prospect(s) of positive sentiment developing from the PR on yesterday, going forward......Their programmed algorithms.
With a short interest of 35+ of OS, not to mention the question of how much of a % of the float was shorted.
NEWS TRUMPS ALL...+ / -
Hence a mini squeeze. Besides, the technical(s) where screaming some type of a reversal, which capped the bleeding......For now.
WE WILL SEE
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Yes it should...If they promote and conduct it properly. A lot of thought should be placed on appearances and perceptions, real and imagined.
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Go SAIC
"PEACE"
WE WILL SEE....ADDING!
And
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Yes Sir / Madame
So will it be $7,$6,$5,$4,$3,etc.
Or will it be $7,$8,$9,$10,$11,etc.
WHICH WILL IT BE.....WE WILL SEE.
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
As to what you consistently state, that it is a lost cause, and the company is soon to be out of business.
80% will always be less that 100% and that last 20% saved could give you some piece of mind?
But, Hey I'm one who think(s) it will all work-out to be profitable
in the long run......Now that's just me.
WE WILL SEE......
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Yes some may say. But true, you should not buy another share. It might even be advantageous to your health to sell what you already own?
BUT TO EACH HIS OWN...
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Still adding..........
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Tesla Vehicles Reportedly Already Sold Out for Second Quarter
Electric vehicle news site Elektrek reported that Tesla has told employees that production capacity for the second quarter is already sold out.
Tesla (TSLA) - Get Report shares firmed Thursday, after sources told EV news site Elektrek that the electric carmaker’s vehicles already are sold out for the quarter.
Citing sources familiar with the matter, Elektrek's Fred Lambert wrote that Tesla told its employees that production capacity for the second quarter is already sold out even with almost two months left in the quarter.
Lambert has said in the past that he’s a Tesla shareholder and true believer in its mission.
The sellout “was to be expected for Model S and Model X, with the new versions of these vehicles having production delays that are going to limit deliveries this quarter,” Lambert wrote. “But Model 3 and Model Y are still ramping up, and yet, they are sold out.”
Tesla Chief Executive Elon Musk said in Tesla’s earnings call last week that demand for its cars continues to be strong.
“We’ve seen a real shift in customer perception of electric vehicles and our demand is the best we’ve ever seen," Musk said. "We’re used to seeing a reduction in demand in the first quarter and we saw an increase in demand that exceeded the normal seasonal reduction in demand in in Q1."
Tesla recently traded at $678.72, up 1.2%. It has slumped 21% in the past three months amid valuation concerns.
In its first-quarter earnings report last week, Tesla posted stronger-than-expected first-quarter numbers thanks in part to surging deliveries in China. Tesla notched its seventh consecutive quarterly profit.
Its automotive margins improved to 26.5% while record first-quarter deliveries lifted revenues past $10.3 billion.
Tesla, which purchased $1.5 billion in bitcoin earlier this year, boosted its first-quarter bottom line by $101 million through the sale of 10% of its holdings of the world's biggest digital currency.
https://www.thestreet.com/investing/tesla-cars-reportedly-sold-out-for-second-quarter?puc=yahoo&cm_ven=YAHOO
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
SAIC moving on adapting and changing to maintain profits near and far.
GO SAIC
"PEACE"
Reason(s)?......To make something that was negative, positive.
The Reasons, the reasons that we're here.....
Still letting it all RIDE
"PEACE"
Real company, Real product, Real sales, Real jobs.
.....Or,it is exactly as it has actually been explained to be......An error of oversight.
With over $700 million in cash available, $600K is pocket change to a company with its obvious resource.
As Many Believe.
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
It's certainly at an all time high daily as well.
https://fintel.io/ss/us/ride
And for the relatively near future. Looking for a gap up fill with a short stall around $17, with a further gap fill up to around $23 before moving on to recent, then new highs................News dependent.
https://finviz.com/quote.ashx?t=RIDE&ty=c&ta=1&p=d
We will see.
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
SAIC moving on adapting and changing to maintain profits near and far.
GO SAIC
"PEACE"
GO SAIC
"PEACE"
Why Lordstown Motors Stock Slumped Today
After hyping its entry in an off-road race in Mexico, the company's pickup didn't cross the finish line.
https://www.fool.com/investing/2021/04/19/why-lordstown-motors-stock-slumped-today/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Don't believe so. Plenty of pre-orders, while currently he's bought plenty of land just outside of Austin,Texas, and is looking to make it the primary build site for the truck. Hiring lots of personnel and transfer others.
But production, on a mass scale.....Not yet happening.
Added and Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
The Company just needs to keep on executing and the rest will take of itself.
Letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
Tesla's China Deliveries In March Increase 207% Compared to Last Year
https://www.yahoo.com/finance/news/teslas-china-deliveries-march-increase-142506042.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Past time.................But I can wait.
GO OGEN
"PEACE"
Science Applications (SAIC) Secures $3.6B U.S. Army Contract
Science Applications SAIC recently received a contract from the U.S. Army to continue supporting the U.S. Army Combat Capabilities Development Command, Aviation & Missile Center (DEVCOM AvMC), Software, Simulation, Systems Engineering and Integration (S3I) Directorate. The Directorate will leverage Science Applications’ engineering services to support its hardware-in-the-loop and modeling & simulation development.
The contract can continue for eight years, allowing Science Applications to support the development of embedded systems, including systems, subsystems, components and software versions, and hardware configurations.
Science Applications International Corporation Price and Consensus
Notably, this contract adds to the previous three major awards to support the S3I Directorate secured by Science Applications, exceeding $8.1 billion in total. Markedly, the past year saw the company secure a $2.9-billion contract for software development and maintenance services, an $830-million contract for aviation systems engineering services and an $800-million contract for modeling & simulation systems engineering support services.
Science Applications is benefiting from the continued flow of high-value contracts. A record level of awards reflects its disciplined business-development actions, consistent operational excellence and high customer satisfaction. Notably, as of Jan 31, 2021, the company’s total contract backlog was $21.5 billion.
Furthermore, having the government as a big client lends stability to the business and moderates fluctuation in revenues. Although the government generally has a lengthy approval process, the projects keep earning money for several years after their approvals.
Bright Prospects Amid Competition
Competition from CACI International CACI in the IT services space is steady. CACI continues to win high-value contracts and received contracts worth $789 million during its first-quarter fiscal 2021.
In the IT services industry, Science Applications also competes with IBM IBM and Accenture ACN, which are among the top IT service providers in the world.
Nonetheless, we believe the company is comfortably positioned in this space, given its back-to-back contract wins, which are supporting the business perennially.
Science Applications currently carries a Zacks Rank #5 (Strong Sell).
https://finance.yahoo.com/quote/SAIC?p=SAIC
GO SAIC
"PEACE"
Implied Volatility Surging for Lordstown Motors (RIDE) Stock Options
Investors in Lordstown Motors Corp. RIDE need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 23, 2021 $20.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Lordstown Motors shares, but what is the fundamental picture for the company? Currently, Lordstown Motors is a Zacks Rank #3 (Hold) in the Automotive - Original Equipment industry that ranks in the Bottom 37% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has widened our Zacks Consensus Estimate for the current quarter from a loss of 23 cents per share to a loss of 25 cents in that period.
Given the way analysts feel about Lordstown Motors right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
https://www.yahoo.com/finance/news/implied-volatility-surging-lordstown-motors-124412209.html
Let it all RIDE....
"PEACE"
Real company, Real products, Real sales, Real jobs.
Understand....
"Has the CEO been cleared by SEC?"
Nor has he been charged with anything.
Let it RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
It will be extremely great news as soon as it passes in the "House" & "Senate".
The United County's of America are waiting, with roads,tracks & rails.
Let it all RIDE....
"PEACE"
Real company, Real products, Real sales, Real jobs.
LET IT............!
GO CYDY
"PEACE"
GREAT NEWS.........BUT,
VANCOUVER, Washington, April 07, 2021 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company"), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with potential multiple therapeutic indications, announced today it has executed an exclusive supply and distribution agreement with Biomm S.A. in Brazil. This commercial agreement will enable Biomm to sell leronlimab in Brazil following regulatory clearance.
STANDS OUT.
GO CYDY
"PEACE"
https://fintel.io/ss/us/ride
Still letting it all RIDE....
"PEACE"
Real company, Real product, Real sales, Real jobs.
GO SAIC
"PEACE"
UP, UP & AWAAAAAAAY...BACK TO THE FUTURE!
YES SIR, they do....
But may be that's just me.
GO CYDY
"PEACE"