nasdaqride
A new deal with Foxconn has Lordstown Motors riding higher.Workhorse Group also announced some good news the market isn’t cheering over.The fundamentals are in place for both of these stocks to reverse course.Workhorse Group (NASDAQ:WKHS) and Lordstown Motors (NASDAQ:RIDE) shares are moving in different directions post-Q3-earnings release but both stocks are set up to rally into year-end. The key takeaway from both reports is that production has begun, deliveries are being made (or on the schedule) and both should ramp in 2023. Q3 2022 hedge fund letters, conferences and more Find A Qualified ...
ValueWalk
Workhorse Group (NASDAQ:WKHS) and the rest of the EV market got a lift in mid-summer when Tesla (NASDAQ:TSLA) released better-than-expected earnings and a potential stock split that could be worth billions to investors. The caveat is that Workhorse Group, like other EV startups such as Lordstown Motors (NASDAQ:RIDE) and Nikola (NASDAQ:NKLA), is still in the very early phases of its production cycle and may not be able to catch up with the bigger players. The dominating story in Workhorse’s world is the recall of C-1000 vans last year and the subsequent end of the C-series lineup, a lineup that...
ValueWalk
Shares ofLordstown Motors (NASDAQ:RIDE) popped in the wake of the earnings release but the gains were soon given up. The company reiterated its guidance amid some other good news and put the market for the stock into a reversal. The news was negated, however, later in the day during the conference call when the company CEO revealed some unsettling details to investors. While the deal with Foxconn is progressing there is still no definitive agreement for funding and what the collaboration will actually mean. This news makes the transfer of assets to Foxconn (part of the company’s transitional e...
ValueWalk
Whitney Tilson’s email to investors discussing Rivian Automotive Inc (NASDAQ:RIVN) crashing; Judge overturns Purdue Pharma’s opioid settlement. Q3 2021 hedge fund letters, conferences and more Rivian Crashing1) Electric-vehicle ("EV") maker Rivian Automotive (RIVN) went public on November 10. Its stock closed that day at $100.73, giving it a market cap of nearly $100 billion, despite the company having never earned even one dollar of revenue. As absurd as that market cap was, it quickly became much more ridiculous... The stock soared to close at $172.01 only four trading days later on November...
ValueWalk
Whitney Tilson’s email to investors discussing the Lordstown Motors Corp (NASDAQ:RIDE) debacle; Enrique Abeyta on opportunities in the SPAC sector; Virgin Galactic cratering this week. Q2 2021 hedge fund letters, conferences and more Behind The Lordstown Debacle1) This story in yesterday's New York Times underscores the perils of investing in the special purpose acquisition company ("SPAC") sector: Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker. Excerpt: Lordstown went public in October via a merger with Mr. Hamamoto's special purpose acquisition company, DiamondPeak Holding...
ValueWalk
Whitney Tilson’s email to investors sharing his presentation on ‘The Art of Short Selling’; Nathan Anderson, the Hindenburg founder taking on SPACs; bubble stocks have deflated just like 2000; Boaz and Tali Weinstein’s taxes; Remy: Dogecoin Rap; Dogecoin down 61% since he called the top. Q1 2021 hedge fund letters, conferences and more Presentation On 'The Art of Short Selling'1) I've posted my presentation on "The Art of Short Selling" that I gave on Friday at the Ben Graham VIII Annual Conference here. In it, I give an overview of shorting (including the 12 reasons not to short and the 10 re...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら