Replies to post #5266 on NU Ride Inc (NRDE)

[Benwahsauce]

I was told it would never go below 1.50….

I won’t name names…but I was gaslit and berated because of my comment saying that it would go to 1.32 or less…

Wasn’t bad for a swing trade but now they need to prove themselves. There’s a good chance this stays in the toilet until I see buyers stacking.

Lordstown needs to actually produce at scale to make this go but the fact they needed $$$ give a good hint. Just read filings…it tells you everything you need to know about the lenders.

Just remember the market is another means to acquire money and most of that money goes right back to the lenders of notes and other debts from the company.