David Moadel, Released on 4/22/21
David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master’s degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.
David Moadel: Here Are Some Stocks On Sale Right Now added by Herman James on
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David, I work in auto industry and your pick RIDE, Lordstown Motors, is the joke of the town around Detroit, a failed EV startup quickly headed for bankruptcy. You should not recommend stocks you know nothing about. The RIDE stock price will be $0 in less than 6 months with Lordstown Motor’s upcoming chapter 11 filing and bankrupcy.
These videos david does are more just to bring to the viewers’ attention some stocks to check out. DO YOUR OWN DUE DILIGENCE. There’s a disclaimer at the beginning of all of this videos for a reason. Do not buy a stock just because it’s in a video, but maybe take a look at the charts to decide for yourself. You have clearly decided for yourself that RIDE is a dud, so bravo for thinking for yourself. Regardless, I have bought several stocks David recommended over the last couple of months and I’ve made money on them. If you are so sure that RIDE is going to zero then why not borrow on margin with everything you own and short the stock? We all know there’s no such thing as a “sure thing” in investing.
Update: RIDE is now back above $10. I guess David was right!