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By Stock Chat

where the coffee is hot and so is the chat

30 thoughts on “Lordstown motors exposed for fraud, spac bubble finally bursting?”
  1. Avataaar/Circle Created with python_avatars gearzone2611 says:

    It's gonna be a long road for a RIDE to run smoothly.

  2. Avataaar/Circle Created with python_avatars Carlos Geli says:

    so GM invested in both Nikola & Lordstown ? Do they just not do due diligence 😂😂

  3. Avataaar/Circle Created with python_avatars SevenDeMagnus says:

    So sad, if it is.

  4. Avataaar/Circle Created with python_avatars Warwick Christian says:

    Fraud. No other word for it.

  5. Avataaar/Circle Created with python_avatars Earth Angels says:

    If im trying to scam people i will be in jail, why aren't they

  6. Avataaar/Circle Created with python_avatars Ron Allen says:

    "…. I don't want to get into this…" which colour of flag is being waved here peeps?

  7. Avataaar/Circle Created with python_avatars Andi D_I_Y! says:

    Total Scam, the electric motors in the wheels is just a bad idea.

  8. Avataaar/Circle Created with python_avatars Drosophila Melanogaster says:

    He looks so legit in that jacket.

  9. Avataaar/Circle Created with python_avatars Ly Dieu Hang says:

    The vacuous dry evocatively desert because piano reassuringly launch qua a brave coil. unused, free male

  10. Avataaar/Circle Created with python_avatars Daniel Stapler says:

    Lordstown has a factory, a production line and robots that for political reasons they were able buy on the cheap and a pickup design.
    The dodgy orders are a bit of fake 'til you make it, an attempt to get people to believe in the company.
    Hindenburg also points out that one of the trucks caught fire. And that some people think the CEO is a showman/conman.And that Work horse wanted him out.
    And that former employees think they will be late in delivering the vehicle (like every other EV company)
    All in all, THIS Hindenburg report is a bit light, you can tell that from all the detail they gave on the dodgy orders rather then starting with a summary.
    It just isn't the same as their report on Nikola.

  11. Avataaar/Circle Created with python_avatars Cole Mc says:

    Crazy how this CEO used to work for Workhorse, created a new company that does the same thing. Then his own employees accuse him of misallocating "R&D funds" which is something another big EV startup has had trouble with recently. Hmm… Connection?

  12. Avataaar/Circle Created with python_avatars T Nguyen says:

    Hyliion is next, no doubt.

  13. Avataaar/Circle Created with python_avatars m xux says:

    wait until u c the demand , hardly a fraud

  14. Avataaar/Circle Created with python_avatars ℛɛᴛʀᴏ ℛɛᴅ says:

    Short sellers will come after every EV stock. You thought this party was going to last forever. Only 2, maybe 3 EV companies will survive.

  15. Avataaar/Circle Created with python_avatars Rupal Kohli says:

    Is it better to get rid of this stock?

  16. Avataaar/Circle Created with python_avatars yo2131 says:

    Can you make a video on $ALUS? It's a battery SPAC with a floor of $10! It's currently trading at $10.20

  17. Avataaar/Circle Created with python_avatars SchroederSport says:

    NKLA was already way down from its peak when Hindenburg dropped their report.

  18. Avataaar/Circle Created with python_avatars lolWT nick says:

    oh you cant place orders, we don't have products. Nice one.
    i work at a University and there are plenty of companies that do this. they ordered a LIDAR and it wasnt delivered until a yr and half later.

  19. Avataaar/Circle Created with python_avatars P6 says:

    He looks like that Applewhite Heaven's Gate scam guy.

  20. Avataaar/Circle Created with python_avatars Jie Zheng says:

    So he buy some unproven tech from workhorse and buy a closed down factory from GM, refurnish it. And with some unbinding fake orders the company now worth 2 bil+ ??? LOL Money comes so easy these days.

  21. Avataaar/Circle Created with python_avatars jimmy lee says:

    Worth a punt. My
    Money is on RIDE

  22. Avataaar/Circle Created with python_avatars Top G says:

    Why listen to a shorter? It still has potential. Sodecia is supplying them

  23. Avataaar/Circle Created with python_avatars A Bou says:

    Yes, the SEC needs to examine all the "orders" of new EV start ups. It's fraud for Lordstown to pay 50 bucks for me to fill out a non-binding order for 500 trucks when I don't even run a fleet. Hindenburg did the job that the SEC should have done to protect investors. WINNER: Hindenburg. JMO.

  24. Avataaar/Circle Created with python_avatars Susan XYZ says:

    I live 20 minutes from this facility, they are building something around it.

  25. Avataaar/Circle Created with python_avatars Nukestarmaster says:

    Ah, SPAC's, the lootboxes of the investing world.

  26. Avataaar/Circle Created with python_avatars Andy Atmosphere says:

    Most of these electric car companies are frauds!!

  27. Avataaar/Circle Created with python_avatars D says:

    What’s he wearing lmao

  28. Avataaar/Circle Created with python_avatars Nerdicane says:

    Why was he dressed like that on a non-operational floor.

    Ride is done. Bought a put on paper trade mode because I’m trying to learn options. I’m going to kick myself for not doing it for real. The price of it has tripled in a day.

  29. Avataaar/Circle Created with python_avatars jessie curl says:

    Reminds me of Elio Motors.

  30. Avataaar/Circle Created with python_avatars mxer b says:

    SPACS are just so shady. Good thing the PDT rule is in place to protect us 🙄

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