Listen "Lordstown Motors Update Stock News REVERSE SPLIT #mxux ride$"
Episode Synopsis
Lordstown Motors News - LEX has announced a REVERSE STOCK SPLIT EFFECTIVE 5 24 2023 - MXUX
RECENT NOTES ON LEX:
The Endurance and LEX are really the only BEV OEM in a position to take fleet market share - as that is needed is a ramp to full mass production.
This is a link to Ford's most recent earnings report review by CNBC - note fleet / commercial sales revenue - the biggest reported - this is the same market the present Lordstown Endurance BEV Pick Up is being delivered to:
https://www.cnbc.com/video/2023/05/02/ford-beats-on-top-and-bottom-lines-boosted-by-fleet-and-legacy-truck-divisions.html
This is a link to a video from Stoic Finance just released with some interesting commentary on political ramifications re: Black Rock: https://youtu.be/JzuMZpxzgK0
Good luck in the market - MXUX
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Disclaimer Please Read and Note: $RIDE (Lordstown Motors) is a high risk/risk on investment - please know and understand the risk associated with this security - do your own due diligence - presented materials are not a recommendation to buy, sell or hold any security. Not an engineer, accountant, lawyer or financial advisor. This is not financial advice. Do not buy, sell or hold securities based on this information. This is a business case study. Please do your own DD and confirm the presented material to your own satisfaction.
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