$RIDE

Lordstown Motors Corp.

  • NASDAQ
  • Finance
  • Financial Conglomerates
  • Consumer Durables
  • Motor Vehicles
  • Manufacturing
  • Automobile Manufacturing

PRICE

$4.88 β–²1.667%

Extented Hours

VOLUME

4,535,015

DAY RANGE

4.97 - 5.4

52 WEEK

4.64 - 31.57

Join Discuss about RIDE with like-minded investors

SO
@soheil.n #StockTraders.NET
5 minutes ago

well the day is over and finally out of my $RDUS disaster "let it ride" and not stop out trade

5 Replies 3 πŸ‘ 2 πŸ”₯

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@HeyShoe #droscrew
6 minutes ago

have to ride em

2 Replies 2 πŸ‘ 1 πŸ”₯

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@HeyShoe #droscrew
6 minutes ago

guess I'll ride em

5 Replies 1 πŸ‘ 1 πŸ”₯

BR
@brAli #StockTraders.NET
8 minutes ago

200 shr i got tht frm @maletone he say kepp small adn let it ride

4 Replies 3 πŸ‘ 2 πŸ”₯

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@c4n #Crypto4Noobs
an hour ago

Brazilian Ride-Hailing Giant 99 to Enable Bitcoin Trading https://www.coindesk.com/business/2021/10/26/brazilian-ride-hailing-giant-99-to-enable-bitcoin-trading/

12 Replies 7 πŸ‘ 10 πŸ”₯

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@haleksander #Zona Trading
an hour ago

para los que tenian posiciones, enjoy the ride

31 Replies 11 πŸ‘ 10 πŸ”₯

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@soheil.n #StockTraders.NET
2 hours ago

yeah but just stopping out and not letting it ride...i was like oh it's ok will just add higher ...and let it just go without managing proper risk

17 Replies 12 πŸ‘ 11 πŸ”₯

SO
@soheil.n #StockTraders.NET
2 hours ago

the stuborness got the best of me...could've gone out with 1% of acct loss but just let it ride and now it's at 10% .

18 Replies 7 πŸ‘ 11 πŸ”₯

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@RedSunCap #droscrew
2 hours ago

like eff it let it ride > @dros said: man I'd probably just say eff it

29 Replies 7 πŸ‘ 12 πŸ”₯

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@dros #droscrew
2 hours ago

then ride em

34 Replies 11 πŸ‘ 8 πŸ”₯

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@trademaster #TradeHouses
recently

By Clare Jim and Andrew Galbraith HONG KONG/SHANGHAI (Reuters) - China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world's second-biggest economy. The property developer sent $83.5 million to a Citibank trustee account on Thursday, the person with knowledge of the matter told Reuters, enabling it to pay interest on a U.S. dollar bond due by Saturday. That brought relief for investors and regulators worried about fallout for global markets and added to reassurances from Chinese officials that creditors would be protected. Still, the world's most indebted property firm - with more than $300 billion in liabilities - needs to make payments on a string of other bonds, with the next major deadline to avoid default on Oct. 29. With little known about its ability to pay and property sales tumbling 30% in the last 12 months, there is deep scepticism over Evergrande's capacity to ride out the crisis. The company, once China's top-selling property developer, did not respond to a request for comment. Citibank declined to comment. Evergrande's woes have snowballed for months and its dwindling resources set against its vast liabilities have wiped out 80% of its value. Founded in Guangzhou in 1996, the developer epitomised a freewheeling era of borrowing and building. But that business model has been scuttled by hundreds of new rules designed to curb developers' debt frenzy and promote affordable housing. Evergrande Chairman Hui Ka Yan was quoted on Friday by the state-backed Securities Times as saying the developer would reduce its property sales to about 200 billion yuan ($31 billion) a year to overhaul its business. 'BIT OF A RELIEF' It was not clear how cash-strapped Evergrande was able to raise funds to pay the bondholders or whether any had already received the money. Evergrande next needs to find $47.5 million by Oct. 29 next and has nearly $338 million in other offshore coupon payments coming up in November and December. "While obviously a positive, the coupon payment does not address the overall concerns about Evergrande's sustained liquidity through the first maturity in Q2 2022 and beyond," said John Han, a partner at law firm Kobre & Kim in Hong Kong. "This only shows that the company is not yet ready for the house to come down completely through a massive cascade of cross defaults. Time is needed for what is planned next." If it fails to make next week's payment, or any other final deadlines in coming weeks, defaults would be triggered on all $19 billion of its bonds in international capital markets. That would be the second biggest emerging market corporate default after Venezuela's state-owned oil firm. News of the fund transfer came a day after financial information provider REDD said Evergrande had secured more time to pay a defaulted bond it guaranteed, issued by Jumbo Fortune Enterprises. "They seem to be avoiding short-term default and it's a bit of a relief that they have managed to find liquidity," said a Hong Kong-based debt restructuring lawyer representing some bondholders. "This payment might be a way for them to get some sort of buy-in with stakeholders before the heavy work needed on the restructuring." Evergrande missed coupon payments totalling nearly $280 million on its dollar bonds on Sept. 23, Sept. 29 and Oct. 11, beginning 30-day grace periods for each. MARKET MOVES Evergrande's dollar bond prices surged on Friday morning after news of the transfer, with its April 2022 and 2023 notes jumping more than 10%, data from Duration Finance showed, though they still traded at deeply distressed levels of less than a quarter of face value. Those gains evaporated on Friday afternoon in Asia, however, pushing several of the company's other bonds down more than 6%. Evergrande's shares rose as much as 7.8% before closing up 4.3%, but still finished a shortened week down 8.8%. Evergrande's woes have reverberated across the $5 trillion Chinese property sector, which accounts for a quarter of the economy by some metrics, with a string of default announcements, rating downgrades and slumping corporate bonds. Chinese property companies could now be locked out of offshore debt markets until early next year. Still, Friday's news helped the Hang Seng mainland properties index rise 3.3%. In mainland markets, the CSI300 Real Estate index finished up 2.4%, and an index tracking the broader property sector added 2%. SAFETY FIRST Asked whether it would step in to help its rival ease its liquidity crisis, the chairman of China's third-biggest developer, China Vanke Co Ltd, said developers needed to ensure their own safety first. "Everyone feels the chill as 'winter' arrives for the sector," Chairman Yu Liang told a company forum on Friday. Any prospect of Evergrande's demise raises questions over more than 1,300 real estate projects it has in some 280 cities. Bank exposure to developers is also extensive. A leaked 2020 document, branded a fake by Evergrande but taken seriously by analysts, showed the company's liabilities extended to more than 128 banks and over 121 non-banking institutions. "Given that we have little clarity on how bank financing is going for stalled real estate projects, but we know that project pre-sales are down a lot, the onshore business is unlikely to be supplying cash to Evergrande near-term," said Quiddity's Lundy.

150 Replies 14 πŸ‘ 7 πŸ”₯

SO
@soheil.n #StockTraders.NET
recently

going for a ride with a 18.7 avg

116 Replies 9 πŸ‘ 7 πŸ”₯

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@Benlax #droscrew
recently

we ride at 4 my brother > @bunnytoad69 said: cuz i just sold a $460 put bruh

86 Replies 6 πŸ‘ 9 πŸ”₯

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@maletone #StockTraders.NET
recently

got taken for a ride

78 Replies 11 πŸ‘ 14 πŸ”₯

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@Pyrognosis #droscrew
recently

Not going to try to ride that rocket naked

52 Replies 14 πŸ‘ 8 πŸ”₯

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@cespinoza9801 #ivtrades
recently

$qs and $ride

132 Replies 10 πŸ‘ 8 πŸ”₯

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@c4n #Crypto4Noobs
recently

Contango Conmigo: Why a Bitcoin Futures ETF Could Be a Bloody Ride https://www.coindesk.com//2021/10/20/contango-conmigo-why-a-bitcoin-futures-etf-could-be-a-bloody-ride/

137 Replies 11 πŸ‘ 13 πŸ”₯

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@atlas01 #Emporos Research
recently

is to late to ride the bull , as the entry price was around 50k or below , for long calls

127 Replies 10 πŸ‘ 15 πŸ”₯

AN
@annacoull #vpatraders
recently

With regard to the cpi whilst this is an important metric and much watched release, for the FED the key inflation measure is the PCE which too has been rising. So far equities have shrugged off inflationary pressure (despite the recent pullback while commodities such as oil have risen sharply. There is also a direct correlation between oil and inflation - with a rise in the price of oil fuelling inflationary pressure. Commodities can also be used as a hedge against inflation. However, gold has not, so far, made any major move. It's quite a mixed picture at the moment with even more uncertainty than normal, but no surprise given what has happened. David & I believe the markets will muddle through over the next few weeks and try to end the year on a positive note. It's likely to be a wild ride.

146 Replies 6 πŸ‘ 13 πŸ”₯

SO
@soheil.n #StockTraders.NET
recently

in very small on $DATS 9.5s....gonna let it ride and add to it later

140 Replies 8 πŸ‘ 11 πŸ”₯

CO
@coulldc #vpatraders
recently

Hope you're all enjo.ying the ride on the yen pairs

119 Replies 6 πŸ‘ 11 πŸ”₯

SI
@singletary #StockTraders.NET
recently

get some good sleep tonight boys. at dawn, we ride

43 Replies 14 πŸ‘ 11 πŸ”₯

SO
@soheil.n #StockTraders.NET
recently

was in the same situation as you...was done close to 10% of the account to be up close to 4% today....i knew it was going to tank but was just too early. I had a mental stop right before the swipe ONLY 50 shares! but then i said "let it ride" and next thing was i was in the add add mode with over 600 shares! (still half position but not happy)...have to stick to my HARD STOPS! and won't let any shares "just ride against me" ...it's best to cover and re-attack with a fresh mind

147 Replies 8 πŸ‘ 10 πŸ”₯

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@Marcosx #ivtrades
recently

RIDE is an option price :)

149 Replies 15 πŸ‘ 14 πŸ”₯

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@cespinoza9801 #ivtrades
recently

I bought $ride stock

72 Replies 13 πŸ‘ 9 πŸ”₯

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@c4n #Crypto4Noobs
recently

Celsius & MoonPay Ride Unicorns, Coinbase NFT, Margin Trading on Blockchain.com + More News https://cryptonews.com/news/celsius-moonpay-ride-unicorns-blockchaincom-launches-margin-trading-more-news.htm

109 Replies 7 πŸ‘ 13 πŸ”₯

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@c4n #Crypto4Noobs
recently

Celsius & MoonPay Ride Unicorns, Blockchain.com Launches Margin Trading + More News https://cryptonews.com/news/celsius-moonpay-ride-unicorns-blockchaincom-launches-margin-trading-more-news.htm

72 Replies 7 πŸ‘ 7 πŸ”₯

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@HeyShoe #droscrew
recently

the ultimate ride

113 Replies 9 πŸ‘ 14 πŸ”₯

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@mzx9 #droscrew
recently

I don't know shit about waves just ride and surf

149 Replies 14 πŸ‘ 8 πŸ”₯

SI
@singletary #StockTraders.NET
recently

nothing wrong with a ride if it's in your plan

123 Replies 8 πŸ‘ 11 πŸ”₯

SO
@soheil.n #StockTraders.NET
recently

i did great on it in the morning...and right before i went to put a stop loss on it it just swiped...and i said "meeh lets go for the ride" ...not wise

106 Replies 15 πŸ‘ 12 πŸ”₯

AN
@Angelo_M #ivtrades
recently

If we lose yesterday's low 4383.73, could be in for a wild ride down... holding above that so far.

89 Replies 6 πŸ‘ 8 πŸ”₯

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@RedSunCap #droscrew
recently

hahahah > @bunnytoad69 said: WE RIDE AT DAWN

65 Replies 14 πŸ‘ 10 πŸ”₯

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@bunnytoad69 #droscrew
recently

WE RIDE AT DAWN

96 Replies 11 πŸ‘ 7 πŸ”₯

AN
@Angelo_M #ivtrades
recently

Wow! Quite a wild ride today.

63 Replies 6 πŸ‘ 6 πŸ”₯

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@dros #droscrew
recently

would ride out for now > @bunnytoad69 said: I'm down 60% on my ATVI Feb 2022s $92.50 C's. thrown a few dollars on that and average down, or just let that dumb ho ride out?

74 Replies 12 πŸ‘ 9 πŸ”₯

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@bunnytoad69 #droscrew
recently

I'm down 60% on my ATVI Feb 2022s $92.50 C's. thrown a few dollars on that and average down, or just let that dumb ho ride out?

93 Replies 6 πŸ‘ 12 πŸ”₯

PO
@portmoreute #ivtrades
recently

I'm still in $FDX, didn't put a lot in so I will ride it out

127 Replies 13 πŸ‘ 6 πŸ”₯

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@HeyShoe #droscrew
recently

$RIDE taken for a ride

109 Replies 6 πŸ‘ 13 πŸ”₯

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@DarkPoolAlgo #Dark Pool Charts
recently

Tuesday, October 5, 2021 Futures Up/Down % Last Dow 130.00 0.38% 34,000 S&P 500 12.00 0.27% 4,303 Nasdaq 43.50 0.30% 14,506 U.S, futures are trying to bounce after another brutal Monday on Wall Street that saw broad based weakness with the Nasdaq Composite hitting its lowest levels since late June, falling for the 6th time in the last 7-trading sessions and as the S&P 500 dropped over 1.2%, now more than 5% off its all-time highs, led by another decline in tech stocks. Bespoke noted that the NY FANG+ index closed below its 200-DMA today for the first time in 378 trading days and is now down more than 9% from its Sept. 7 record close. Many of the same concerns remain Tuesday, with a global energy crunch lifting oil prices to the highest in seven years, inflation momentum accelerating amid supply chain disruptions and soaring input costs, and the specter of a U.S. default as lawmakers continue to haggle over the extension of the country’s $28.4 trillion debt ceiling. The U.S. 10-Year Treasury yield ended a three-day losing streak on Monday as growth stocks plunged and concerns about a potential U.S. government debt default offered another reason for caution. The Dow, &P 500, and Nasdaq Composite ended the day down around 4%-7% from their recent closing highs. In Asian markets, The Nikkei Index fell -622 points to 27,822, the Shanghai Index remained closed for Golden Week holiday, and the Hang Seng Index gained 57 points to settle at 24,104. In Europe, the German DAX is up around60-points to 15,100, while the FTSE 100 gains around 50-points to 7,050. Crypto currencies adding to recent gains as Bitcoin tops the $50,000 level and Ethereum rises over 2% topping $3,450. Gold prices are near overnight lows as December gold futures fall -0.6% at $1,758 an ounce as the dollar edges higher and risk sentiment rising overnight. Events Calendar for Today 7:45 AM ET ICSC Weekly Retail Sales 8:30 AM ET International Trade for Aug…est. (-$70.5B) 8:55 AM ET Johnson/Redbook Weekly Sales 9:45 AM ET Markit Composite PMI-F 9:45 AM ET Markit Services PMI-F 10:00 AM ET ISM Non-Manufacturing Index for Sept…est. 60.0 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: PEP Earnings After the Close: SAR Other Key Events: Cowen 24th Annual Therapeutics Conference, 10/5-10/6, in Boston, MA Deutsche Bank Annual Leveraged Finance Conference (virtual), 10/4-10/6 Market Closing Prices Yesterday The S&P 500 Index tumbled -56.58 points, or 1.30%, to 4,300.46 The Dow Jones Industrial Average fell -323.54 points, or 0.94%, to 34,002.92 The Nasdaq Composite plunged -311.21 points, or 2.14%, to 14,255.48 The Russell 2000 Index declined -24.16 points, or 1.08% to 2,217.47 Macro Up/Down Last Nymex 0.39 77.99 Brent 0.48 81.74 Gold -11.40 1,758.00 EUR/USD -0.0025 1.1597 JPY/USD 0.31 111.18 10-Year Note +0.017 1.496% World News President Joe Biden said on Monday the federal government could breach its $28.4 trillion debt limit in a historic default unless Republicans join Democrats in voting to raise it in the two next weeks. Senate Republicans, led by Minority Leader Mitch McConnell, have twice in recent weeks blocked action to raise the debt ceiling, saying they do want action but will not help by voting for the move The Australia Central Bank (RBA) Rate Decision kept rats unchanged at 0.1%, and QE unchanged at purchase rate of A$4b a week until at least mid Feb ’22, central scenario is conditions for rate rise won’t be met before 2024, RBA says it is committed to maintaining highly supportive monetary conditions European PMI data: Spain Sep Services PMI: 56.9 vs 58.0 consensus; Italy Sep Services PMI: 55.5 vs 56.5 consensus; France Sep Services PMI: 56.2 vs 56.0 consensus; Germany Sep Services PMI: 56.2 vs 56.0 consensus; Eurozone Sep Services PMI: 56.4 vs 56.3 consensus Japan Sept CPI higher as rises +0.3% y/y vs. decline of -0.4% consensus; Japan Sept CPI ex-fresh food lower rises +0.1% y/y vs 0.2% consensus; Japan Sep Services PMI higher at 47.8 vs 42.9 previous Sector News Breakdown Consumer PepsiCo ($PEP) Q3 core EPS $1.79 vs. est. $1.73; Q3 revs $20.19B vs. est. $19.39M; sees FY21 core EPS of at least $6.20 vs. est. $6.24; says now expects to deliver approximately 8% organic revenue growth for FY21 vs. prior view of 6% and at least 11% core constant currency EPS growth vs. prior view of 11% and at least 12% core; completed share buyback, doesn’t expect more buybacks this year Lordstown Motors $RIDE downgraded to Underweight from Equal Weight at Morgan Stanley and cut tgt to $2 from $8 Columbia Sportswear ($COLM) downgraded to Neutral from Buy at Bank America and lower tgt to $108 from $137 Volvo (VLVLY) reports sales declined 30.2% Y/Y to 47,223 units in September; sales in Europe fell 41.5% and down 9% in the United States. Lululemon Athletica ($LULU) approved $500M boost in buyback program Duckhorn Portfolio ($NAPA) 4Q adj EPS $0.08 vs est. $0.01 on sales $70.9Mm vs est. $59.6Mm; guides FY22 adj EPS $0.54-0.57 vs est. $0.50, sees FY22 net sales $353-360Mm vs est. $350.2Mm Everi Holdings ($EVRI) tightens full year 2021 net income and adjusted Ebitda guidance to top of the previously provided range; now expects 2021 full year net income will be $90M-$95M & adj. Ebitda will be $337M-$342M Group 1 Automotive ($GPI) announces acquisition of two dealerships in Texas – the two stores are expected to generate approximately $150M in annualized revenues Scientific Games ($SGMS) said it landed major contracts from the Pennsylvania Lottery, announcing a ten-year base contract from the PA lottery will cover instant games and Scientific Games Enhanced Partnership for lottery instant game services Energy, Industrials and Materials Coal stocks jumped again on Monday as Arch Resources ($ARCH), CONSOL Energy ($CEIX) and BTU Energy ($BTU) topped multi-year high as coal from the central Appalachia region rose $2.20 to $73.25/ton last week, according to U.S. government data, up 35% YTD Renewable Energy ($REGI) extended, increased line of credit to maximum of $250 mln October prelim Class 8 from ACT truck orders was 27,400 units, compares to 36,900 in August and 25,480 in July (shares of CMI, PCAR and ALSN leveraged to monthly Class 8 data) Patterson-UTI Energy ($PTEN) reports an average of 83 drilling rigs operating for the month of September, 2021 Celanese (C$E) will raise prices of all acetate tow product grades sold globally by $ 0.40/kg Financials Horace Mann ($HMN) estimates third-quarter 2021 catastrophe losses in range of $35-$40 million, partially offsetting continued strong business performance Healthcare Johnson & Johnson ($JNJ) announces submission of emergency use authorization amendment to the FDA to support booster of its single-shot covid-19 vaccine; submission includes data showing a booster increased protection to 94% against moderate to severe/critical covid-19 in the U.S.; substantial increase in immune response when booster was given at six months AstraZeneca ($AZN) said it has submitted a request to the us food and drug administration for emergency use approval of azd7442, which is intended as prophylaxis for symptomatic covid-19. Elanco ($ELAN) reaffirms expectation 2025 innovation rev. $600M-$700M Syndax Pharmaceuticals ($SNDX) said Daphne Karydas has notified the company of her intention to resign as Chief Financial Officer (CFO), treasurer, principal financial officer effective October 22, 2021, in order to pursue another opportunity. Pfizer Inc ($PFE)/BioNTech SE ($BNTX) vaccine effectiveness in preventing infection by the coronavirus dropped to 47% from 88% six months after the second dose, according to data published on Monday that U.S. health agencies considered when deciding on the need for booster shots. The data, which was published in the Lancet medical journal, had been previously released in August ahead of peer review. The analysis showed that the vaccine’s effectiveness in preventing hospitalization and death remained high at 90% for at least six months. Xenon Pharmaceuticals ($XENE) files mixed securities shelf Technology, Media & Telecom Facebook ($FB) and its Instagram, Messenger and WhatsApp reconnected late on Monday afternoon after a nearly six-hour outage that prevented the company’s 3.5 billion users from accessing its social media and messaging services. Facebook apologized but did not immediately explain what caused the failure. Comtech Telecommunications Corp ($CMTL) 4Q adj EPS $0.23 vs est. $0.24 on net sales $145.8Mm vs est. $149.7Mm; guides FY22 adj EBITDA $70-76Mm vs est. $80.5Mm, sees FY22 net sales $580-600Mm vs est. $600.2Mm; says on a consolidated basis, 1H22 financial performance expected to be significantly lower than 1H21

118 Replies 11 πŸ‘ 12 πŸ”₯

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@atlas01 #Emporos Research
recently

overall uranium is on its way up , the yearly and monthly says so , but dont expect an easy ride , its been in a bear for many years

53 Replies 6 πŸ‘ 13 πŸ”₯

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@brendanl37 #Dark Pool Charts
recently

WE RIDE BABY

140 Replies 9 πŸ‘ 8 πŸ”₯

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@Roscoe #LWT Trading
recently

Its always fun when bored in a long taxi ride haha

124 Replies 14 πŸ‘ 8 πŸ”₯

GM
@gman2 #ivtrades
recently

$AAPL going along for the ride

137 Replies 8 πŸ‘ 6 πŸ”₯

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@DarkPoolAlgo #Dark Pool Charts
recently

Friday, October 1, 2021 Futures Up/Down % Last Dow -153.00 0.46% 33,843 S&P 500 -17.00 0.44% 4,307 Nasdaq -55.25 0.38% 14448, U.S. equity futures extended declines Friday, following the worst month for tech stocks since the peak of the pandemic, as investors enter the final quarter of the year focused on inflation, energy markets and the Federal Reserve. S&P 500 drops 4.8% in September, its first monthly loss since January and biggest one-month drop since start of pandemic and lowest closing price since July 19th. Overall, for the month, the S&P fell 4.8%, the Dow fell 4.3% and the Nasdaq fell 5.3%. For the quarter (Q3), the S&P 500 rose 0.2%, the Dow fell 1.9% and the Nasdaq fell 0.4% following the precipitous September decline. Late last night, U.S. House Democratic leaders have delayed a planned vote on a $1 trillion bipartisan infrastructure bill that had been set for Thursday, bowing to party progressives who had demanded action on a larger social policy bill first. However, on a positive note, the U.S. government shutdown appears to be averted for now as Congress voted to continue funding the government through Dec. 3, backing the earlier bill out of the Senate and President Biden signed the measure before funding was to run out at midnight. In Asian markets, The Nikkei Index declined -681 points (2.31%) to 28,771, the Shanghai Index was closed and the Hang Seng Index was also closed. In Europe, the German DAX is down about -115 points to 15,150, while the FTSE 100 falls 1% or -70 points to 7,015. Crypto currencies surging for a second straight day as Bitcoin rises over 7% to $46,600, while Ethereum rises over 6.5% at $3,175 in another spike across the board. Positive vaccine news overnight as Merck ($MRK) announced positive COVID-19 vaccine trial news. Market Closing Prices Yesterday The S&P 500 Index dropped -51.92 points, or 1,19%, to 4,307.54 The Dow Jones Industrial Average fell -546.80 points, or 1.59%, to 33,843.92 The Nasdaq Composite slumped -63.86 1.42 points, or 0.44%, to 14,448.58 The Russell 2000 Index declined -20.94 points, or 0.94% to 2,204.37 Events Calendar for Today 8:30 AM ET Personal Income MoM for Aug…est. +0.3% 8:30 AM ET Personal Spending MoM for Aug 8:30 AM ET PCE Price Index MoM for Aug 8:30 AM ET PCE Price Index YoY for Aug 8:30 AM ET Core PCE Price Index MoM for Aug…est. +0.2% 8:30 AM ET Core PCE Price Index YoY for Aug…est. +3.6% 9:45 AM ET Markit Manufacturing PMI for Sept-F 10:00 AM ET Construction Spending MoM for Aug…est. +0.3% 10:00 AM ET ISM Manufacturing Index for September…est. 59.6 10:00 AM ET University of Michigan Confidence, Sept-Final…est. 71.0 1:00 PM EST Baker Hughes Weekly rig count data Macro Up/Down Last Nymex -0.63 74.40 Brent -0.43 77.88 Gold -2.60 1,755.90 EUR/USD 0.0001 1.1582 JPY/USD -0.16 111.11 10-Year Note -0.036 1.491% World News S. House Democratic leaders have delayed a planned vote on a $1 trillion bipartisan infrastructure bill that had been set for Thursday, bowing to party progressives who had demanded action on a larger social policy bill first. House Majority Leader Steny Hoyer said in a statement the House is expected to finish work on the infrastructure bill on Friday. The Bank of Japan’s tankan survey released Friday shows signs that the recovery in the manufacturing sector will be hampered by supply shortages as the index measuring large manufacturers’ stocks of finished goods dropped to +3 in the September survey from +6 three months earlier. That marked the tightest level since 1989. Sector News Breakdown Consumer Lordstown Motors ($RIDE) said it plans to sell its auto factory in Ohio to contract assembler Foxconn Technology Group for a purchase price of $230 million. Additionally, Foxconn plans to invest $50 million into the Ohio-based startup through a purchase of common stock. Helbiz ($HLBZ) rises after the transportation and media co announces CEO Salvatore Palella purchased units of PIPE (private investment in public equity) offering; On Aug 9, Palella bought 200,000 units of PIPE offering, consisting of 200,000 shares of Class A common and warrants to buy additional 200,000 shares at $11.50 per share Keurig Dr Pepper (KDP) is said to plan up to $4B stock buyback Coty ($COTY) agrees to sell partial stake in Wella to KKR at a 50% valuation premium versus initial Wella sale in exchange for approximately half of the preferred Coty shares owned by KKR. Coty will continue to own 30.6% of Wella, with a $1.38b implied value for the retained stake Li Auto ($LI) delivered 7,094 Li ONEs in September 2021, up 102.5% Y/Y but fell 24.8% M/M from August’s shipments of 9,433 units; Q3 2021 deliveries rose 190% Y/Y and 42.9% Q/Q to 25,116 vehicles, exceeding recently revised guidance of ~24,500 units Nio ($NIO) delivered 10,628 vehicles in September 2021, an all-time high monthly record representing growth of 125.7% Y/Y and 80.7% M/M from August’s deliveries of 5,880 units; company shipped 24,439 vehicles Q3 2021, representing an increase of 100.2% Y/Y, exceeding the revised guidance of ~22,500 to 23,500 vehicles. Tesla ($TSLA) missed its deadline to deliver the Model X in Q3 2021, but a handful of units of the new electric SUVs were spotted in Fremont factory, Electrek reported. It gives some hope that deliveries might start soon https://bit.ly/2Y8L4ba XPeng ($XPEV) recorded its highest-ever monthly deliveries in September 2021 of 10,412 Smart EVs, representing an increase of 199% Y/Y and a 44% increase over last month; also achieved a quarterly record of 25,666 deliveries in Q3 2021, up 48% Q/Q and 199% over prior year Energy, Industrials and Materials ExxonMobil ($XOM) says gas prices to boost 3q earnings by about $700M; says oil prices to boost 3q earnings by about $400M; says downstream margins to boost earnings by $600M SunPower Corp. ($SPWR) will replace Cimarex Energy Co. ($XEC) in the S&P MidCap 400 index before trading begins on Oct. 5, according to S&P Dow Jones Indices. S&P 500 constituent Cabot Oil & Gas Corp. is acquiring Cimarex Energy in a deal that is expected to close on Oct. 1. PDC Energy Inc ($PDCE) said anticipated total production near bottom of previous range of 190,000 to 195,000 boe per day for full-year 2021; sees FY 2021 oil production of 60,000 to 63,000 barrels per day, below previous range of 64,000 to 66,000 barrels per day JPMorgan upgraded shares of Southwest Airlines ($LUV) to Overweight from Neutral and Spirit airlines ($SAVE) downgraded at JPMorgan while adjusting other price tgts in the space Financials Jefferies Financial ($JEF) Q3 EPS $1.50 vs. est. $0.99; Q3 revs $1.65B vs. est. $1.74B Healthcare Merck ($MRK) and Ridgeback Biotherapeutics announce results from their oral antiviral medicine molnupiravir (MK-4482, EIDD-2801) from Phase 3 MOVe-OUT trial in patients with mild-to-moderate COVID-19. STAT News notes that in the Merck study, a five-day course of the oral medicine was administered within five days of patients’ symptom onset; half of those patients had at least one risk factor associated with poor disease outcomes (shares of rival COVID-19 vaccine makers PFE, BNTX, MRNA falling on the news) Exscientia ($EXAI) has priced its upsized U.S. IPO of 13.85M ADSs (from ~13.1M ADSs), representing 13.85M ordinary shares at $22.00/ADS, for total gross proceeds of ~$304.7M. Bicycle Therapeutics ($BCYC) to present bt5528 interim phase i data at AACR-NCI-EORTC virtual international conference on molecular targets and cancer therapeutics Haemonetics ($HAE) said the FDA has approved a same-day discharge indication for its VASCADE MVP vascular closure system used in atrial fibrillation ablation. Rockwell Medical ($RMTI) files $200M mixed securities shelf Technology, Media & Telecom Five9 ($FIVN) announced that its $14.7B merger agreement with Zoom Video (ZM) has been terminated by mutual agreement. The agreement did not receive the requisite number of votes from Five9 shareholders to approve the merger with Zoom. Under the deal terms announced in July, Five9 shareholders would have received 0.5533 Zoom share for every Five9 share. Walt Disney ($DIS) and Scarlett Johansson have resolved their legal battle over her salary in the movie β€œBlack Widow,” ending a two-month fight between the two parties AMC Entertainment ($AMC) said it exercised option to repurchase $35M of 15% cash / 17% payment-in-kind ($PIK) Toggle First Lien Secured Notes due 2026 Alibaba ($BABA) downgraded to Outperform from Strong Buy at Raymond James with a price target of $240, down from $300 saying while they remain positive on Alibaba long-term and believes valuation remains attractive, feels the recovery in shares could take longer given the recent slowing of ecommerce growth combined with continued regulatory actions across China

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@RedSunCap #droscrew
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its gonna be a fun ride

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@dros #droscrew
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Ducks don't ride around on llamas?

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@cespinoza9801 #ivtrades
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$ride and $riot

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@TraderXx #StockTraders.NET
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dont get cocky! first year!? then you are in for a ride my friend, you havent seen real markets yet > @nepesneo said: for my first year i aint doing bad lol

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@stevengo #StockTraders.NET
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Que sucio!! > @Chano said: he likes to ride them like a mechanic bull and later on beat them to death

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Key Metrics

Market Cap

886.66 M

Beta

0.88

Avg. Volume

10.97 M

Shares Outstanding

176.98 M

Yield

0%

Public Float

0

Next Earnings Date

2021-11-11

Next Dividend Date

Company Information

Lordstown Motors Corp. is an Ohio-based original equipment manufacturer of light duty fleet vehicles, founded by CEO Steve Burns with the purpose of transforming Ohio's Mahoning Valley and Lordstown, Ohio, into the epicenter of electric-vehicle manufacturing. The company owns the 785 acre, 6.2 million square foot Lordstown Assembly Plant where it plans to build the Lordstown Endurance, believed to be the world's first full-size,all-electric pickup truck designed to serve the commercial fleet market.

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