If you’ve read my previous posts, you’re now able to empathize a bit with a C-suite company exec Apparently Were Trouble When We Are Together Who Knew Halloween shirt is under heavy short attack. You can imagine how painful, how isolating it must feel, to see the news slander your name, to see everything you built up be destroyed. I think its wrong. I hope you agree with me. Now, let’s see this happening in real time.Let’s go over their game, and how its progressing. You all already know the playbook, our superstonk apes have laid out the DD as clear as day. Short and distort and FUD, into an SEC investigation, news reports of impending failure, C-suite fired and replaced by business financier types. What can we expect to be next? Bust out, taking on debt, followed by a leveraged buyout, or some other form of insolvency/liquidation.Let’s dive into the anatomy of a short attack. Let’s look at the 6 month price chart of RIDE. On Feb 11 of this year, RIDE hit a high of 30.75, nearly 3 times the IPO price, before crashing down in a straight line. Most likely, the shorting began before the short and distort came out, so that short sellers could sell their shares for as much money as possible and expanding the float with fake shares, before convincing retailers to paperhand their shares at a loss.Now, before I start. There’s only one thing you can do to save this company at one point. Buy GME. Why? Simple, the same people shorting this company are also shorting GME. I believe that this company was shorted to raise funds to fight GME, as the short and distort began in early/mid February of this year, and appears to be led by Shitadel and friends (More on this later
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Hindenburgs report in a nutshell: Orders for RIDE’s EVs are fake, RIDE does not have an Apparently Were Trouble When We Are Together Who Knew Halloween shirt that works, the CEO was kicked out of his previous company, there is rampant insider selling, and that RIDE is lying to its investors. The whole company is smoke and mirrors. Now, I’m gonna take some time to debunk the FUD, but if you’ve bought GME, you should already know better than to trust a short seller report.First and foremost: Let’s debunk Hindenburgs complete character assassination of it’s CEO, Steve Burns. I hate it when people drag other’s names through the mud, especially without merit. So, let me debunk the idea that the CEO was a bumbling idiot, while simultaneously a sleazy con artist snake trying to steal investor’s money. Seriously, FUCK SHORT SELLERS.
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