 Hi, this is, hi, this is MXUX talking about Lordstown Motors ride stock and the precipitous fall today. Will it be a meme? Okay, let's get right to the presentation here. Also talking about how this stock has been shorted lately. Hi, this is MXUX. Let's just start out with a chart of ride and you can see this is a one day short, one minute, started falling here. That's when the announcement came and boom, boom, boom, boom, boom, boom, boom, boom, boom. And we right now, the close was 11.53, but after hours we were trading at 10.69, 10.69. So, this was the news, warns of going, risk of, warns of going concern risk. So that is the technical term, which means, ah, we're concerned. Anyway, this is the, this is the document, the 10K, and I've read through this, read, read it for yourself, ah, it's basically says what, ah, they said, ah, last time during the, during the earnings call. They have got cash flow and they need money to go into production. So, ah, and they're, now it sounds like they're going broke already, but they're not. They're, they're, ah, not in good shape, but they're still doing Lord's Town Week and they are still, ah, still, ah, they're going to live stream it. And the CEO of Camping World is going to be there and it's still going to be a big event, ah, even though it doesn't sound like it, according to my reading, and you can read it yourself, and StockHut did a lot of this, check out his videos on it, he did some great stuff on this. They, they're saying that they have enough money to, to get to production this year. I'm saying 500 units, everybody's saying 1,000, I believe. They fudged that during the earnings call, they said 502,000 max. So, anyway, I'm going to say 500 trucks off the line and they need money to buy parts to build the rest of the trucks. Ah, and we'll see what's what on the Lord's Town Day. I just want to go over this and I did this in my last video. This is Citadel, da, da, da, da, Darth Vader. And they increased their position by, ah, what is that? A thousand, almost 2,000% on 331. They now own 622,000, you know, and a lot of shares. What are they going to do? I don't know, ah, they might have that on hand so that they could dump it and cause a panic and cause the price to drop to collect on their shorts. I believe they have to put some calls on, on Lord's Town. I don't know what their present situation is. I'm not a financial advisor, but they may hold this or they may keep this in reserve to dump if we go to Meantown. Ah, let's just look at the short interest. And again, the short interest is like seven times the daily share volume recently, something like that, a lot of it. And the options, ah, let's just do all, let's just see if there's anybody that spotted this short coming up. Not really. Oh, well, we got some 1050s here. Yeah, got some 1150s, 1050 here, and what is it, the 8? That's the 11. So, you know, somebody had a little premonition there. What else? Going farther out, it just seems to be, you can look at these for yourself. Um, let's see. Anyway, it hasn't really changed that much. The point is, um, we have got, uh, DEF CON 4 here. And, uh, and again, if we look at this chart, we can see here. That, uh, we really have been through the ride here. Let's just go to one day here and show you what I'm talking about here. There it is. There it is. There's the, uh, way outside of the Bollinger bands, way outside. There's the averages way down there. There's a parabolic indicator and, um, this green mountain here is, uh, is the stock. Anyway, so we're down here somewhere. Uh, again, let's just do after hours real quick here. All right, we are at 1069. So that's the news. That's the report. Going concerned. Let's move on to the next phase here. Okay. This is Wolf research that, um, um, did the $1 valuation on, uh, on, um, Georgetown Motors. Look down here at the end. Ford Motor Company, uh, other the, the lead analyst has a limited in partnership with other financial interests and a fund seeking to take companies private, including companies that may be in this coverage universe. I don't know what that's supposed to mean. Anyway, this is Wolf on Ford and anyway, they're bullish on Ford. Now, um, so, uh, the lead analyst, okay, whatever that means. Okay. And now this is just a little, another plus here, Ford CEO, Jim Farley, to speak at Wolf research, Virgil global conference 21. So, uh, yeah, nothing like having the Ford Motor CEO speak and then given the $1 valuation to the competition, just trying to give everybody an idea here of what's going on, all this stuff. Okay. This is, uh, a little list I put together. Just the, I call it the anatomy of a short ride, just some coincidental dates and things, eight, three, 20. LMC goes public at 12 at 10, 17, 20, uh, Kramer, glowing, uh, Kramer first take on a good, uh, Kramer first talks about him on, uh, on two 16, 21, uh, Citadel starts getting involved, according to these published reports. And, um, if you go down here, uh, let's see up here is the logo, the shares. They got, uh, what, uh, 3550, uh, 304, like, like, like 400,000, 400,000 or something like that. So they're doing, they're starting to work, put some calls on it. Um, on three 12, 21, Hindenburg report. Okay. Uh, so just look at these dates, right? So Kramer's first take 10 and then as soon as, uh, Citadel gets involved. And then we got, after Citadel, after Hindenburg gets involved, after Citadel gets involved, Hindenburg report comes out. Okay. And after the Hindenburg report comes out, Kramer has his, uh, oh my God moment. Oh, oh my goodness gracious. Oh my goodness. You know, that, that, um, he's lion, you know, that, um, theater. Um, also he appeared on, uh, at CNBC market alert, um, where he was just had that discussed. He was like reported a week when he got the wrong hamburger. Unbelievable. I was CEO and I believe this is the first time he compared, uh, Lordstown Motors to Nicola. Um, 331 Citadel increases holdings of ride by a thousand 1600% 10 times more than any, uh, any other, uh, institutional holder and 99, 929% increase of their own holding and then, uh, I was right after that. And then, uh, Ford announces the, uh, uh, lightning on 519 and 521. Wolf research comes out with a $1 valuation. So I don't know. What do you say? Uh, you got Jim Kramer, you got Citadel, you got Citadel, Citadel, you got Hindenburg, you got Kramer CNBC market alert with Kramer. Citadel and Wolf research. I don't know, kind of a little bit of a pattern here. Anyway, I just thought I'd share this with you guys. The way all this timing is working and how all these, uh, ghost in the machine seems to be operating here, the synchronicity of all this stuff. Of course, there are other factors, black swans that come in like they did. This is, uh, everybody's been talking about this Wyckoff effect. And, and, and this is the, the chart of the Wyckoff. And they go, they say he says that all stocks are manipulated. You can look this up on the internet. It's very interesting. And they go through different phases and the whole idea is the Wall Street guy sets you up to be ripped off and this is how they do it. Anyway, I just superimposed. This is a chart of ride. And it fairly closely matches to this. If you were to mess around with the log on this, you could probably get a little closer, but I think it's a pretty close match. So, um, anyway, just to, to let all of us take note of how these things work. Sometimes these things happen. You don't, you don't keep them in your mind. Just exactly how they go go down. So anyway, everything seems to be pretty well coordinated. So 521 2021. From eight to three, uh, you know, so what is that, uh, 521 to eight three, what is that nine months? Goes from going public to a dollar valuation. Anyway, we're back down to 11 from a back black swan, but I just thought I would bring this up. I thought it was pretty interesting. And you see the players here again, Kramer, Citadel, Wolf Research, um, Citadel. You know, it's just, it's the same, but is that the usual suspects? All right. Here we are on Reddit. And, uh, now this is going concern. This is a requirement flag in an annual 10 K of a company. Check certain criteria, like not having enough cash funds to fulfill. Literally, this is literally a box they have to check. Okay. And, um, now they're talking about the ATVM loan. That's, I don't, we can't count on that. So, uh, but the point is, uh, this verbiage here, this is a very good, um, uh, it, that is boilerplate, the, uh, going concern stuff. Okay. Okay. Oh, just thought I'd go over that and trying to see, um, well, this is about the production. I'm going to make a flat out statement again on the production by the end of the year. They said up to a thousand, and I believe they said 500 to a thousand. Listen to the call. I'm pretty much certain that's it. So, this is not news. Um, this is basically, um, basically that would have been saying live from Lordstown. This is interesting. There's going to be a virtual Lordstown week experience, uh, and it's all going to be, uh, livecast on the web. So I want everybody to take a look at that too. But, uh, anyway, uh, the point is, um, this is, this is not new news. This is, this is old news. And, um, everybody's freaking out about it, although not great. Okay. This is just a site that does the most memed stocks. And you see here we got, uh, no, um, no ride. So we do have workhorse. Workhorse is on here. Uh, let's see. Yeah. Workhorse, 164 times. Uh, I like that. Workhorse, workhorse, workhorse, workhorse. So maybe somebody will get the, uh, memo on ride. Hey, you apes out there. Why, why do, why deal with workhorse when you can deal with the real thing? All right. Just checking the Reddit. This is MXUX. I hope you guys like the, uh, bid. Listen, this is a pre-revenue startup. It is risk on. Do not invest more money in this than you can afford to lose. It could go bankrupt. It could go to zero. There could be a takeover for a dollar a share. Um, right now, I would say we are where, um, Tesla was hanging on by a thread. Wait for funding to get production up. Uh, Tesla was three months away from bankruptcy when they were trying to get the model three up. I guess this is the rights of passage you have to have to start a car company in the United States. You got to go through all this. Hopefully they can make it. Look forward to large town week next week, uh, with the live cast. All right. Thanks a lot for watching.