I think you are wrong here. You have been wrong on your DD for a long time in a variety of areas. For example, the number of employees a month ago was under 10, you said over 200. You were wrong. I don't know how many employees they have now, as there are no new reports yet, but since they don't seem to have a business yet, there can't be that many. Yes, I know that may change. Yes, I think there will be some actual business in the future. Don't exactly know what it will be, though.
The claim is fraud, but I don't see any fraud. I've made that claim several times, and you have had no answer. I do think that there is a middle ground where they won't win the fraud suit, but still come up with money. This company's management when RIDE handled this poorly, and were incompetent. There should never have been a delisting notice. I still think bankruptcy may have been inevitable, but we don't know that because of the way RIDE (at the time) mismanaged the situation.
It remains to be seen what Nu Ride becomes. No product yet. If it's EVs, then the management team, the BOD, is the wrong BOD for that. They are probably the right people for the stage Nu Ride is in now.
I doubt shorts are terrified. Only 800K or so shares short as of February 29, and they probably lost money, but I don't think there is much risk for a "massive short squeeze". Shorts are usually limber, whereas Longs often hold for long, and get stuck with $3 shares when the company is under $2. Shorts have to be, so I find longs usually have more fear than shorts. Shorts know how to manage their trades very well. They have to.
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