Added to YB: 2025-06-04
Pitch date: 2025-06-02
NRDE [bullish]
Nu Ride Inc.
+12%
current return
Author Info
The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.
Company Info
Nu Ride Inc. does not have significant operations. It intends to identify, evaluate, and pursue one or more potential business combinations or acquisitions.
Market Cap
$21.4M
Pitch Price
$1.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-5.89
EV/Sales
N/A
Sector
Automobiles
Category
special_situation
The Value Road’s Exclusive May Stock Report - Nu Ride Inc.
NRDE: Former Lordstown Motors now shell co w/ -$7.2M EV ($20.8M mkt cap, $28M cash, no debt), $2.55/share NAV (2x current price), $1B+ NOLs. Pending $60M Foxconn lawsuit could drive multi-bagger. Risks: no operations, litigation costs burning cash. Insiders buying aggressively. Asymmetric bet.
Read full article (1 min)