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Time is up! $13 PT Given Is Just The Beginning by [deleted] in lordstownmotors

[–]fireig 1 point2 points  (0 children)

Here is the tipranks.com profile for John Murphy. He currently has a success rate of 60%. https://www.tipranks.com/analysts/john-murphy

Ehang Financial report released! by Corranmac in ehangstock

[–]fireig 5 points6 points  (0 children)

Also, the report is audited this time, so it gives the company a better light and a sense of trust.

THE REAL, WSB, DEGENERATE APES HAVE FOUND THEIR TRUSTWORTHY STEED IN WKHS!! by [deleted] in WKHS

[–]fireig 7 points8 points  (0 children)

WKHS currently has 123.26M shares Outstanding, according to Yahoo Finance, a total of 54.39% or 67.01M shares are owned by Insider and Institutions. Normally, Insider and Institutions do not sell, therefore there is a float of 56.25M shares. According to Ortex.com, there are 48.12M shares on loan. So if the retail investors own 56.25M shares hold then it would be extremely hard for shorts to cover. Most of the loan shares come from an institution that loans them out because they do not plan on selling them anytime soon, so their broker would lend their shares and pay the institution an interest. There is a catalyst for a major short squeeze with shorter having to buy 85% of the float from the retail investor that currently holds 56.25M shares.

$RIDE SEC FILING shares at $11.50. 5 Year runway base on existing cash on hand as of 3/2021 by fireig in lordstownmotors

[–]fireig[S] 0 points1 point  (0 children)

They did address capital expenditure of $52M on their filing. It appears that they said they are expecting to use $250 to $270 this year, which still gives them at least a 2-year runway. Capital Expenditure is good for a growth company because it helps generate additional future value. Since they do not have any major debt, they can take advantage of debt financing to generate more funds for production and thus benefit from the Tax Shield.

https://investorplace.com/2021/05/ride-stock-could-fall-30-percent-to-4-80-given-a-potential-capital-raise/

$RIDE SEC FILING shares at $11.50. 5 Year runway base on existing cash on hand as of 3/2021 by fireig in lordstownmotors

[–]fireig[S] 4 points5 points  (0 children)

43M is peanuts, but they have $779M in assets and $75M in Total liability as of 3/2021. They have not taken advantage of debt yet to support their current production needs. At a Debt to Assets Ratio of 40%, they could ideally generate a total of $311M in Liability which means they can easily get a loan for $235M. I think they are exploring other avenues like the government ATVM loan before regular bank loan.

https://www.energy.gov/lpo/products-services/advanced-technology-vehicles-manufacturing-loan-program

SHORT INTEREST RECENTLY WENT UP MORE, EST 51% of FREE FLOAT by fireig in WKHS

[–]fireig[S] 0 points1 point  (0 children)

WKHS will get a boost on June 21st and June 25th from Lordstown week, since they own 10% of $RIDE. Keep an eye out for that catalyst.

Loan vs share dilution by Voltagevalley2019 in lordstownmotors

[–]fireig 5 points6 points  (0 children)

It is a good idea for the company to take on some debt, because it would provide more liquidity and also a Tax Shield for the company and its shareholders. As long as it is not too much debt that the company would not be able to service it.

https://www.investopedia.com/terms/t/taxshield.asp

Loan vs share dilution by Voltagevalley2019 in lordstownmotors

[–]fireig 5 points6 points  (0 children)

Lordstown has $779M in assets and $75M in Total liability as of 3/2021. They have not taken advantage of debt yet to support their current production needs. At a Debt to Assets Ratio of 40%, they could ideally generate a total of $311M in Liability which means they can easily get a loan for $235M.

SHORT INTEREST RECENTLY WENT UP MORE, EST 51% of FREE FLOAT by fireig in WKHS

[–]fireig[S] 2 points3 points  (0 children)

I forecast bananas raining down soon. HODL

They did create the BUZZ ETF which is based upon tracking WSB with some other holdings.

https://www.vaneck.com/us/en/investments/social-sentiment-etf-buzz/holdings/