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Thursday, 02/16/2023 12:41:50 PM

Thursday, February 16, 2023 12:41:50 PM

Post# of 9074
RIDE Bankruptcy?! Link below! Quote: “Cash will remain a problem. Their very weak financial condition makes it unlikely they can raise needed capital via traditional debt deals, so they will continue to issue more and more equity that will greatly dilute current RIDE shareholders. I also worry that Lordstown Motors could be in bankruptcy court eventually. I rate RIDE a sell.”

Link: https://seekingalpha.com/article/4567510-i-have-serious-doubts-that-lordstown-motors-can-survive
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