"SKINNY" BULL CASE FOR LORDSTOWN MOTORS | WHAT DO YOU THINK? - CAN LMC RIDE ON? | #MXUX #$RIDE STOCK
Channel: m xux
Date: 24/01/2022

*🐂I make a bull case for LMC here. I call it a skinny bull because the margin separating one outcome from another is so close.  Down to the wire for Lordstown Motors as usual. An added issue - the macro drawdown in the market distorting almost every stock price at this point.

➡ You have to watch the full video to get the picture. As I write this RIDE is hovering between 2.32 and 2.33 in the pre-market - it was up  earlier slightly to 2.46 volume is 31,787 . 

👀  ➡ This is all very important as a recent transaction by a LMC officer was, I believe, misunderstood. In the vid I go into details - but the short and curlies are - not a sale - financial gymnastics to keep from diluting the stock - with such low volume - would lower the price - this action also limits - i believe - SAG for the quarter as well. 

I would love to hear professional analysis on this in the comments. Needless to say the misreporting on this lowered the stock price - needlessly IMO. This and the MACRO environment - which in reality has little to do with RIDE - bolster my "Skinney Bull" thesis on RIDE.

Time and the market will tell  - give me your opinion in the comments- thanx for watching MXUX
www.mxux.studio

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