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Lordstown Motors Corp. - Class A

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About Lordstown Motors Corp. - Class A

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adbe set up for a nice put position. Ride it back down to pre earnings level.
I had a chance to unload my bags at a slight loss today but no obviously I wouldn’t do that. Now I ride this shit till Schwab calls me and puts me in a shelter 
Bank of Japan is gonna be fighting QE, we just ride the coattails
Sell puts and covered calls. It's a wild ride
It seems like there are a lot of different competing views in the comments and I think I should just clear a few things up. I appreciate all the advice, however brutal it is, and I’m not gonna deny that I got royally fucked over by my own ego today. The initial run up made me feel like I’ve finally figured out the game and that I was some kind of master of the universe, but eventually that one bad day everyone was warning about did come and it’s been humbling to say the least. u/GneissFrog although the advice is brutal you do raise many valid points. I got extremely deluded with the whole run up from $500 thinking I was truly onto something. Though I think I should clarify the 200k loss. It was over around a 1.5-2 year period (rather than ytd) and I never had the 200k at once but it was instead a series of many deposits and I probably never had more than 10-20k at once. I got the initial 200k as a grad student with some lucky crypto plays as well as well as a side business I ran in school as well a some money I made since starting my full time tech job earlier this year. Still not completely sure what my overall ytd position is since I have many different accounts. Overall situation is that I’m a 25M who graduated with a computer science masters last year and I started a job earlier this year after a long and hard thought job search and am making around 150k a year. I also have another 200k or so in long term investments that I pretend doesn’t exist. You’re completely right that I should probably focus on my career now instead of going down this spiral further. I’ll probably pull out around 25-30k or so and maybe try again with 5-10k and if I can get another good run up, that’s great otherwise it is what it is. u/lithe_silhouette I do think it’s fair to mention the 500 to 90k peak run up as well. Now whether it was a result of skill or just hitting a lucky slot machine 10 times in a row and losing on the 11th time is a matter of debate, but I do feel I at least partially did something right and then made a bad move today to end up where I am. One way to look at it is that I lost 200k (albeit not at once), while another way to look at it is that I made 35k from 500 or a 70x return. Overall it’s been quite a wild ride.
This is what a Chevy Volt (not Bolt) is, and they are absolutely genius. And I say that as someone who's only bought EVs for a decade now. The worst part of an EV is how heavy the battery is and how expensive they are to replace. The worst part of an ICE vehicle is how everything under the hood has to be designed to ride out the massive explosions needed to move it at highway speeds. So you simplify. EV gets the big battery stripped out and replaced with a smaller one (think a 30-40 mile range), just enough to handle variable power draw and local trips. Then a generator is designed specifically to drive enough juice to the battery/engine that the vehicle runs continuously as long as gas is in the tank. They get great mileage, can go hundreds of miles, still fill at a gas station, you can charge the battery in your garage and almost never have the generator kick in, or let them run their entire lives without ever being plugged to a charger. Best of all: the generator is simple to troubleshoot and replace. The battery is small and cheap to replace. They actually make sense as a forever vehicle, which IMO is what any truck price-tag should come with.
Just know that it’s a truck and drives like a truck. Body on frame reduces the ride quality by so much.
Rode META up, Ride MSTR down
Only fucking Ride, no dying for bears rn
Ride or die bitchez
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