NU Ride Inc (NRDE)

[Nikodemos]

Makes sense. The anticipated Foxconn execution obviously did little for any support, reversal, etc.; mostly because it doesn't change the near-term FOR SHAREHOLDERS! https://www.otcmarkets.com/filing/html?id=16216934&guid=dGG-kKAgXc3UQth

I could see if Foxconn started accumulating on the open market (at their "strike price"), but that obviously wouldn't have benefitted RIDE directly so....

I do wonder if Foxonn contacts, gov't, etc., will be bringing business here. But I have to assume that's a longer-term development...

ITM, I think $PSNY is a MUCH BETTER EV play with FAR MORE upside in the near-term. They're profitable, executing, & have been operating efficiently in a tight, competitive, & increasingly contested market. And the stock price is WELL BELOW their original open -- @ $10.00 in May 2021 (& reached a high of ~$16.41 a year ago). $7- is still WAY OFF those levels & the business has NEVER BEEN better! In that way I think PSNY is a much BETTER play than RIDE is currently... GLA