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Re: KMC-1 post# 5316

Friday, 01/13/2023 10:49:08 AM

Friday, January 13, 2023 10:49:08 AM

Post# of 8318
Let us not forget that Lordstown Motors was in serious contention for Car and Driver's 2023 North American New Truck of the Year.

Honestly, the company has been so mismanaged, I just don't see them staying in business for much longer.



With Foxconn as their partner, they should have more than enough resources to continue executing their plan. With this stock down more than 95% (from their all-time high), all outstanding risk should already be priced in. I believe RIDE has bottomed, and the returns for this stock, from this stock price, will be several hundred percent in the next 6 months, and several thousand percent in the next 5 years.

Present value of future licensing revenue from the motor-in-hub technology may very well be worth more than the current market cap of this company.

As always, simply my opinion.