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Lordstown Motors Corporation

Lordstown Motors Corporation (RIDE)

2.20
0.00
(0.00%)
Closed July 14 4:00PM
0.00
0.00
(0.00%)

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RIDE Discussion

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bgagne bgagne 4 years ago
I'm thinking this will bounce at 20. Just a guess.
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Golden Cross Golden Cross 4 years ago
Looking for a bounce around $19 here...RIDE
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KarmaKing KarmaKing 4 years ago
I did the same
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texastornado texastornado 4 years ago
another awesome day! congrats to all who have believed in the $RIDE !
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Obrien1 Obrien1 4 years ago
When do we anticipate the S-1 filed 11/12 to be approved so we can convert the warrants? In converting the warrants how long does it take to deliver the underlying? Two weeks i suppose? What happens 60 days after 10/23, A cashless exercise? We may have something. Need these questions answered.
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Cat dog Cat dog 4 years ago
RIDE BABY RIDE !!! Letโ€™s get @ 30 RIDE BABY RIDE !!!!! Great EV stock looking for new highs.
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Munchy Munchy 4 years ago
WKHS may pass up RIDE this week.
It's fun watching the race to $30.
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Cat dog Cat dog 4 years ago
Yes Ohio itโ€™s the GM plant that they took over makes me think of Detroit lol.
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Cat dog Cat dog 4 years ago
Letโ€™s RiDE to @30 Start your engines.Very Bullish positive uptrend.
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Rock_nj Rock_nj 4 years ago
Lordstown Motors is based in Lordstown, Ohio, not Detroit.
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jsc52033 jsc52033 4 years ago
like any investment vehical you need to know and understand the risks.
I like warrants because I usually get a better % gain than theshare, but of the options
can be tmely thya have the best % but they also have time decay which one must watch cloily
oftne if i options its a day trade.
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Cat dog Cat dog 4 years ago
Good Morning Lordstown motors. Very Bullish Settlement will in power a Great Investment to a EV established huge company from Detroit USA. This stock is way under valued and I believe we will be @40 Per Share. Have a Great Sunday.
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stock442 stock442 4 years ago
It went from 9.40 to almost 13 in
Two days. All my stocks should be so good. My first time buying warrants. Seems a little dangerous to buy unless you really know what youโ€™re doing. Think Iโ€™ll stick to normal shares for now on. Bought this not realizing it was a warrant. Thank god for investor hub and itโ€™s members for the help I got.
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jsc52033 jsc52033 4 years ago
most warrant buyers are short term traders. Get many shares and often a larger % of price increase than the underling shares.
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stock442 stock442 4 years ago
Great, thank you! I never bought warrants before and didnโ€™t realize thatโ€™s what it was until after I bought it.
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jsc52033 jsc52033 4 years ago
they expire 3-4-24 which means a reasonable prodent holder will exercise prior to then.
exercise pice is $11.50 per warrant. You need to inform them you intend to exercise.
there is also a call provission if stock is over $18 for a certain period of time. They then give you if I remeber its 30 days to exercise. Some of these companies figured they will need extra funds before the
expiration date. IF so they call the warrrants to gain those funds.
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AlphaStatus AlphaStatus 4 years ago
What you need to know for Monday market open
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stock442 stock442 4 years ago
Ok thank you
Iโ€™ll check it out
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Rock_nj Rock_nj 4 years ago
On the filing. Do a Google search,
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stock442 stock442 4 years ago
Great! Thank you for the information. Much appreciated.
How did you k ow it expires In 2024?
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Cat dog Cat dog 4 years ago
Have a great weekend next week @30
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Rock_nj Rock_nj 4 years ago
They expire in 2024, so there's plenty of time to make money off the warrants. They convert at $11.50. What if RIDE is at $120 share by then? Then, you could buy RIDE shares for $11.50 using the warrants.
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stock442 stock442 4 years ago
Note that 30 days after the October 23rd merger close would be the earliest exercise date if the S-1 (i.e. registration statement) were effective. However, we caution that the S-1 was only filed with the SEC on November 12th and is subject to their potential review and ultimate approval. As such, the date might be later than 30 days post-close.

If the S-1 isnโ€™t effective by 60 business days after closing, then warrants holders can do cashless exercises until it becomes effective.

This is what I was told by someone at the company.
Any help is appreciated !
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Cat dog Cat dog 4 years ago
The holder of a warrant must exercise the warrant no later than the expiration date. If a warrant is allowed to expire, it becomes worthless, and it cannot be sold on a secondary market.
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stock442 stock442 4 years ago
I was told that warrants expire and if not sold or converted become worthless. Is that true?
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Cat dog Cat dog 4 years ago
How many Models verse Nio ?
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KarmaKing KarmaKing 4 years ago
I'm a newbie and bought RIDEW
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Rock_nj Rock_nj 4 years ago
RIDEW is way undervalued.
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Rock_nj Rock_nj 4 years ago
RIDEโ€™s factory is a former GM plant in Lordstown, Ohio.
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KarmaKing KarmaKing 4 years ago
Copy Thanks
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Renee Renee 4 years ago
The 'W' added to RIDE means Warrants to buy stock under the ticker RIDEW.
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KarmaKing KarmaKing 4 years ago
What is RIDEW?
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WeTheMarket WeTheMarket 4 years ago
The following link has the answer to my question on Post #52 as to why they had so many open positions in Farmington Hills Michigan and Irvine California when their Megafactory is in Lordstown Ohio. They are opening a research and development center in Farmington Hills Michigan and plan to open a service center in Irvine California. Note that some of the positions at those two locations were posted months in advance (see link below), thus the open positions represented a window to the future plans of the company:
https://www.dbusiness.com/daily-news/lordstown-motors-opens-rd-facility-in-farmington-hills/

Open positions link:
https://recruiting.paylocity.com/Recruiting/Jobs/All/ddd48b68-5d30-4845-bd31-2cbbac035ac6/Lordstown-Motors-Corp
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texastornado texastornado 4 years ago
New location opening! Excellent progress! $RIDE
https://www.dbusiness.com/daily-news/lordstown-motors-opens-rd-facility-in-farmington-hills/
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Cat dog Cat dog 4 years ago
Moving camp to @ 29 uptrend incoming
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Cat dog Cat dog 4 years ago
I know that. Well aware. RIDE should be what N!O is trading out. RIDE PURE USA made !!!!โ€™n will be in 30s before we know it and higher.
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uksausage uksausage 4 years ago
different products
different markets (geography, buyer, qty)
different solutions

only common thing is they produce people movers powered by batteries which you may or may not buy (NIO).

Invest in all no need to be flag waving for ony of them.

invest in charging systems (US) like BLNK in China seems to be part of the NIO offering!

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Cat dog Cat dog 4 years ago
I know they have GMs old factory in Detroit. EV company American Made. I see RIDE well over into THE @ 30s pushing on the @40 s door. We will rock. I believe RIDE should be over @40 also pushing on N!OS door.
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Rock_nj Rock_nj 4 years ago
RIDE already has its own factory, which puts them ahead of many other EV companies. Also will start manufacturing mid next year, which is ahead of many EV companies.
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Cat dog Cat dog 4 years ago
Lordstown motors will pass N!O @45 Folks. Made in USA EV Detroit city canโ€™t get better then that. RIDE over N!O. Good luck all share holders. Things are about to get interesting. Uptrend in effect from bell on.
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Rock_nj Rock_nj 4 years ago
RIDEW is undervalued by several dollars based on the current price of RIDE.
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Cat dog Cat dog 4 years ago
Letโ€™s all Ride to the future.Detroit city
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Cat dog Cat dog 4 years ago
Lordstown Motorsโ€™ market value reached $4.1 billion at Tuesdayโ€™s close note today weโ€™re moving in the rite direction.
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ClayTrader ClayTrader 4 years ago
* * $RIDE Video Chart 11-18-2020 * *

Link to Video - click here to watch the technical chart video

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Obrien1 Obrien1 4 years ago
Pg105 of prospectusโ€”description of warrantโ€”Each whole Warrant entitles the registered holder to purchase one whole share of our Class A common stock at a price of $11.50 per share (or $10.00 per share in the case of the BGL Warrants), subject to adjustment as discussed below, at any time on or after November 22, 2020. Pursuant to the Warrant Agreement, a Warrant holder may exercise its Warrants only for a whole number of shares of Class A common stock. This means that only a whole Warrant may be exercised at any given time by a Warrant holder. The Warrants will expire on October 23, 2025, at 5:00 p.m., New York City time, (or October 23, 2023, at 5:00 p.m., New York City time, in the case of the BGL Warrants) or earlier upon redemption or liquidation.
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Cat dog Cat dog 4 years ago
Huge Buying Blocks now occurring RIDE
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Cat dog Cat dog 4 years ago
RIDe baby Ride welcome to Detroit !!!! Looking forward to invest with you and ride it up up up !!! Holding long !!!!!!
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Obrien1 Obrien1 4 years ago
Ridew convertible at 11.50 30 days after 10/23 and once S-1 submitted last week is approved. Expecting to profit off the $5 difference between parity on Monday/Tuesday. Need the underlying to hold up for a few business days here and the warrants like jump
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maynerd maynerd 4 years ago
$RIDE You're welcome...
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stock442 stock442 4 years ago
Thank you
Iโ€™m chatting with them now
Much appreciated
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