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INSTITUTIONAL OWNERSHIP OF RIDE
IS UP!
https://images.fintel.io/us-ride-so.png
Looking pretty green to me today.
Maybe you should try cleaning out your fridge!
RIDE has been way undervalued by Wall Street and the shorts are taking advantage, but not for long IMHO.
Keep posting. The share price is in the green!
Lots of cheap shares for me and the tutes!
Retail is losing big time as they sell.
Tutes know what they are doing. Been at it for a lot longer than you!
It’s why they are gobbling up these cheap shares!
Maybe you should tell that to the other 60 institutional investors accumulating more.
JoshTaeger from IHub vs over 60 institutions accumulating more RIDE.
Whose lead should we follow?
Boy thats a tough one.
Institutions accumulating more RIDE shares
Since April 3 2023:
PBD - Invesco Global Clean Energy ETF reports 12.39% increase in ownership of RIDE / Lordstown Motors Corp
PBW - Invesco WilderHill Clean Energy ETF reports 21.29% increase in ownership of RIDE / Lordstown Motors Corp
UAPIX - Ultrasmall-cap Profund Investor Class reports 6.15% increase in ownership of RIDE / Lordstown Motors Corp
KCXIX - Knights of Columbus U.S. All Cap Index Fund I Shares reports 18.35% increase in ownership of RIDE / Lordstown Motors Corp
SUNAMERICA SERIES TRUST - SA Small Cap Index Portfolio Class 1 reports 5.01% increase in ownership of RIDE / Lordstown Motors Corp
FDIS - Fidelity MSCI Consumer Discretionary Index ETF reports 43.51% increase in ownership of RIDE / Lordstown Motors Corp
That’s just a sampling. Another 60+ institutions that increased their RIDE holdings since February 2023.
I will continue to hold long and accumulate following the lead of institutions!!!!
I guess purchasing 20,000 RIDE shares is laughable to some.
Speaks volumes!
Institutions buy when chicken sh*t retail sells off. Then they sell when the price explodes.
It’s why institutions hold 60 million RIDE shares today.
I’ll be in good company scooping up more shares at 0.50, if it hits.
Lordstown Motors Corp (US:RIDE) has 259 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 59,936,016 shares. Largest shareholders include BlackRock Inc., Invesco Ltd., PBW - Invesco WilderHill Clean Energy ETF, Vanguard Group Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, IWM - iShares Russell 2000 ETF, Geode Capital Management, Llc, VEXMX - Vanguard Extended Market Index Fund Investor Shares, and IWN - iShares Russell 2000 Value ETF.
If we hit 0.50 I’ll buy another 20,000 shares!
Wall Street has given up, but not Foxconn and institutional investors.
Looking for a major turn around this year!
Those and all those who bought in at 2.40 and less to see it squander away.
Loser is, loser does!
Do you have a link for this?
Very informative from Reddit:
Handelsblatt interview with Ed Hightower
It seems that Ed gave an interview to Handelsblatt, a German business outlet at SXSW.
[https://amp2-handelsblatt-com.translate.goog/unternehmen/industrie/elektroautos-so-will-der-lordstown-chef-das-angeschlagene-elektro-start-up-retten/29067090.html?\_x\_tr\_sl=auto&\_x\_tr\_tl=en&\_x\_tr\_hl=en&\_x\_tr\_pto=wapp](https://amp2-handelsblatt-com.translate.goog/unternehmen/industrie/elektroautos-so-will-der-lordstown-chef-das-angeschlagene-elektro-start-up-retten/29067090.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp)
Some highlights-
2023 is the make or break year for LMC
**"We will restore our reputation. 2023 will be the defining year for Lordstown.”**
About the OEM partner
**"Hightower has not yet found the necessary strategic partner. 'We're in talks' he says curtly"**
It's interesting that this is the same thing that Foxconn said in their ER call that was 1 day before this interview. IS it possible that they are talking about the same thing? LMC needs money to buy the required hard tooling, it doesn't matter if that money comes from an OEM looking to build on the Endurance platform, or an OEM looking for a CDMS contract.
About Endurance production
'"**We will announce in the next few weeks when we will resume production**,' says Hightower. There was a problem with a high voltage battery connection. The defective component from a supplier was found and replaced. The same applies to a parking brake component that could fail over time. '**We have eliminated all problems**'".
Why will they will announce when they will resume production in "the next few weeks"? They stated already stated in their ER that they were going to hold off on resuming production of the Endurance until they had a partner - so what changes in "the next few weeks"???
Lordstown does not need a reverse split or ATM dilution, they are capitalized till the end of the year. I imagine this is assuming the Foxconn investment is approved. And, it obviously doesn't include hard tooling, which they need the stated partnership to accomplish.
"**Lordstown has capital until the end of the year**"
Foxconn has stated that they are in negotiations with a traditional OEM for a CDMS contract. They have stated that it's their #1 focus. They have also stated that they invested in Lordstown to have them support their CDMS business. Lordstown Motors has said they are Foxconn's primary design partner for their CDMS business and plan on handling the design, engineering, homologation and certification work for the CDMS contracts.
A Foxconn jet has been parked at Van Nuys airport since March 1st - that's 6 weeks. The last time it was parked there was Feb 26th to Apr 9th of 2022, when they were working out the details of the Lordstown plant sale, the JV and the CMA. They have been there this time roughly the same amount of time, this would appear to be a significant deal they are working on.
At the beginning of February, Taiwanese media reported that they expected Chairman Liu to visit the US in March or April to sign contract(s) with traditional OEM(s), it's now reported that he will visit the US in May.
This is speculation, but I believe there are lots of facts that back it up, I believe that in the coming weeks Foxconn is going to announce a significant CDMS contract with one or more legacy OEM(s). I believe this contract(s) will be for complete vehicle programs that Foxconn and LMC will handle from design through production. And, I believe the revenue LMC will receive from this contract(s) will allow LMC to pay for the hard tooling to resume Endurance production.
Shorts play their games. They will be squeezed soon enough.
Don’t see Foxconn or institutions selling off.
Just shorters and chicken sh*t retail.
I’m holding long with Foxconn and institutions!
Must be referring to the old timers who invested at the IPO and can’t find their money!
RIDE SHORT investors need to lay off of the dopium.
It will soon lead to a short squeeze and financial disintegration.
An excellent projection on Reddit of RIDE share price once an OEM IS announced.
“LMC share price is currently BELOW book value. Wall Street not only gives LMC ZERO % chance of survival, it's assuming that they will blow through all their cash and then die.
For Wall Street the issue is not whether the Endurance is a good truck, or even how many they could sell, it's if they will be able to produce it with positive margins. Wall Street has valued LMC as if they will never be able to produce it with positive margins.
If LMC partners with a large OEM and is able to scale production with them, then LMC can suddenly have positive margins. That changes everything.
What is LMC worth if they can produce and sell vehicles with positive margins?
Assume LMC is able to produce the Endurance with 10% positive margins - based on them being an asset light OEM and part of MIH, that reasonable or low. If they can produce 20000 trucks @ $65k that's $1.3B in sales. With 10% margins that's $130M in earnings, divided by shares outstanding, which after Foxconn's investment will be around 300M, and it's $0.43 EPS. If you multiply that by a PE of 10, that's a share price of $4.30.
BUT, if LMC is able to make vehicles with positive margins, they would be able to scale production and the PE would be much higher than 10. It's impossible to say what LMC's PE would be if they became profitable and were projected to grow, but a PE of 40-50 would be my best guess and that would give LMC a share price of $17-$21.”
LMFAO. Hilarious conjecture.
It’s a description of most of your posts.
Let’s wait for the announcement before making premature unfounded guesses WWolf.
Look at what Li has done in China. They obviously love liquidmetal products.
Then ask will Li bring this to LQMT USA to benefit himself (410 million shares) and others?
Then keep an eye on developments with liquidmetal products being used in China that are starting to make their way into Europe and the USA.
Liquidmetal tear drop hinges in oppo, honors and testing in Samsung foldable phones.
How about the liquidmetal HUAWEI watch that starts sales in Europe this year.
For no one loving our products according to some, there sure is a lot going on with liquidmetal products.
LQMT 0.07 +2.8%
Institutional investors still own 28% of RIDE. FOXCONN purchased is the biggest single investor in RIDE shares, NOT out of the kindness of their heart.
Follow their lead not the ones telling EVERYONE to sell.
Such a biased piece of material.
TC made it clear that the sales force has been activate after pandemic and things started opening up.
Sales force of 21 has obviously been effective since TC said they now have prototypes they are testing that they think will go to production soon and more prototypes coming in.
The perpetuity clause means squat anyway. Li has other liquidmetal BMG formulas and processes that don’t fall under the MTA and Apple has no rights to under the MTA.
As usual lots of nonsense coming from downward sounding posts!
LMFAO. LQMT has only one way to go and that’s up!
Downward fibulation talk never ceases to amaze me!
Bullshit!
Why don’t you email TC and ask him politely.
Not whining or kicking or screaming.
You will be surprised at how far a little respect and courtesy go.
Dream on!!!
Hightower said three to four weeks for an announcement.
It’s time for a short squeeze!
Please!!!!
I feel an announcement coming!
Intent to use in CE, Medical, Auto!!!
Thanks too Joshua:
Now for the first time perhaps the last time, we have INTENT TO USE
There are two ways that someone can qualify for trademark registration. They are as follows:
* **Actual Use**: This requirement is met when an applicant can prove that they’re currently using a desired trademark in commerce. The trademark can be displayed on the goods themselves, packaging or product documents. Advertising materials can be used when seeking service marks.
* **Intent to Use: If you have a trademark in mind but have not yet used it in commerce, you’ll need to file an Intent to Use application. This will start the normal** [**trademark registration**](https://www.mandourlaw.com/trademark-registration/) **process, but you won’t be granted registration until actual use is proven.**
https://preview.redd.it/d70c4it2m3sa1.png?width=804&format=png&auto=webp&v=enabled&s=e5444a70d1597c19b09d5390a5ec95162f959ec2
https://preview.redd.it/7bvqxj1184sa1.png?width=792&format=png&auto=webp&v=enabled&s=143dcad4c423fefe3f9591be96ddeaafda6d791e
What a circus clown.
Glad you are so certain. I am NOT.
From Joshua on Reddit:
Now for the first time perhaps the last time, we have INTENT TO USE
There are two ways that someone can qualify for trademark registration. They are as follows:
* **Actual Use**: This requirement is met when an applicant can prove that they’re currently using a desired trademark in commerce. The trademark can be displayed on the goods themselves, packaging or product documents. Advertising materials can be used when seeking service marks.
* **Intent to Use: If you have a trademark in mind but have not yet used it in commerce, you’ll need to file an Intent to Use application. This will start the normal** [**trademark registration**](https://www.mandourlaw.com/trademark-registration/) **process, but you won’t be granted registration until actual use is proven.**
https://preview.redd.it/d70c4it2m3sa1.png?width=804&format=png&auto=webp&v=enabled&s=e5444a70d1597c19b09d5390a5ec95162f959ec2
He still chairs LQMT board. He stepped down from Eontec.
I believe Li/TC will make LQMT succeed:
From Joshua:
Lugee chose to fade out of Eon from 99% ownership to 5% ownership.
Now Lugee is no longer within Eon Board
Where did all the money goes......
Check out the Maze.
In the meanwhile, Lugee has not sold a single share of LQMT and still are the COB of LQMT.
STAY TUNED!
Reddit:
Judgement day......on or before 9/29/23......or else
[https://www.mandourlaw.com/trademark-statement-of-use/](https://www.mandourlaw.com/trademark-statement-of-use/)
*While multiple trademark Statement of Use extensions can be filed, the* ***USPTO only allows this to be done a total of five times.*** *This means you’ll have up to three years following receipt of your Notice of Allowance to engage in sufficient commerce and submit the appropriate forms*
**HERE'S THE WHAT**
https://preview.redd.it/rxre4i0c6yra1.png?width=802&format=png&auto=webp&v=enabled&s=34a12f3b425c51a4d7e407109c1ba95731211f81
**HERE'S THE WHEN**
https://preview.redd.it/gf44ijnl5yra1.png?width=771&format=png&auto=webp&v=enabled&s=d141a786131211aee123cadc5954e4cd23e89868