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Thread: Lordstown Motors

  1. #1

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    Default Lordstown Motors

    Looks like there might be fraud in the EV patch. Imagine that.

    RIDE has been hammered with two 50%+ drawdowns since September 2020. It managed to bounce back from the first one. A short seller report from Hindenburg today revealing fraud at the company might be its death blow.

    https://hindenburgresearch.com/lordstown/


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  3. #2

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    Default Re: Lordstown Motors

    Quote Originally Posted by Bullitt View Post
    Looks like there might be fraud in the EV patch. Imagine that.

    RIDE has been hammered with two 50%+ drawdowns since September 2020. It managed to bounce back from the first one. A short seller report from Hindenburg today revealing fraud at the company might be its death blow.

    https://hindenburgresearch.com/lordstown/
    Interesting. A sad day for Ohio depending the outcome.
    May the force be with us.

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  5. #3

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    Default Re: Lordstown Motors

    Set to get hammered again today. One giant fraud? Now down 70% from its top.

    Lordstown Motors’ electric pickup truck, Endurance, competed in the SCORE International San Felipe 250 desert race Saturday but came up short in the end.

    The Endurance was unable to cross the finish line in Baja California, Mexico.
    https://www.wkbn.com/news/local-news...e-finish-line/

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