Possible investment idea

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Possible investment idea

Postby Wrecit » Wed Aug 17, 2022 2:29 pm

Not really trailer related so admins delete if you want but got a possible investment opportunity.

I been watching an ev company based in Ohio called Lordstown motors for the past 2 years (and development of their truck under the workhorse company for 4 years) they are finally ramping up to deliver the truck.

It is far from a sure thing and the road to production has been rocky but it looks like they are finally ready. The reason I think they can be viable is their truck design is using things nobody else is doing like putting a solid rear end with leaf springs and using 4 hub motors rather than traditional drive shafts. They are claiming you can replace a hub motor in 5 to 10 minutes using standard tools.

IMO as a carpenter by trade they have a dedicated work truck that will be able to handle loads and towing equal to the big 3 light duty gas trucks. Their initial offering is going to fleet work trucks with consumer sales hopefully starting mid 2023.

Right now stock price is $2.50 and this would be a long term investment of at least 5 to 10 years but some think they could be the Tesla of the truck world and 12 years ago Tesla cost $3.90 a share.

Again not a sure thing but dropping $10 to 20 a week into Robinhood could make life a little more comfortable in 10 years. It might be worth doing some homework to see if you might be interested
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Re: Possible investment idea

Postby billcopeland » Mon Mar 27, 2023 12:25 pm

It's always good to watch for promising investment ideas, and Lordstown Motors certainly sounds interesting. As with any investment, doing your due diligence and research before committing any funds is essential. It's good to be aware of the risks and have a long-term perspective. I suggest hiring a business advisor to get the result you want. I hope that helps.
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Re: Possible investment idea

Postby QueticoBill » Mon Mar 27, 2023 6:31 pm

August 22, 21 OP says stick was $2.50. Today's its $0.67. I hope OP didn't invest.
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Re: Possible investment idea

Postby Audanto » Wed Apr 26, 2023 4:20 am

I'm new on this forum and I just came across your post. As someone who works in carpentry, you have a good understanding of what the market needs and how this company could potentially fill that gap. The fact that they are targeting the fleet work truck market is also a smart move. If anyone is interested in learning more about trading and investing, I've heard that there are some great books on trading for beginners out there. And you're right, investing a small amount of money on a regular basis can definitely pay off in the long run.
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Re: Possible investment idea

Postby gamer » Sat May 13, 2023 10:57 am

I wanted to start a discussion about the benefits of investing in playing BitStarz casino real statistics While gambling should always be approached with caution and responsible gaming habits, there are potential advantages to consider. One benefit is the possibility of winning significant sums of money, which can provide financial gains and enhance one's lifestyle. Additionally, many online casinos offer lucrative promotions, bonuses, and loyalty programs that can provide additional value and rewards to players. Furthermore, playing at casinos can be a source of entertainment and relaxation, offering a thrilling and immersive gaming experience. However, it's important to remember that gambling involves risks, and it's essential to set realistic expectations and limits. I'm curious to hear your thoughts on the benefits of investing in playing at casinos.
Last edited by gamer on Sat May 27, 2023 8:54 am, edited 1 time in total.
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Re: Possible investment idea

Postby tony.latham » Sat May 13, 2023 12:35 pm



Not looking good for Lordstown.

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