LCID stock

[EXOTIC2]

Perhaps just some confusing wording. LCID hitting 300 would literally make me a millionaire at 14, which is a pipe dream.

He’s obviously speaking of Tesla in the post.

 

[Lucken]

He’s obviously speaking of Tesla in the post.

Wait, so nobody is expecting Lucid to go to 300? SELL!!!!!

 

[kerplunk]

At an average price of $22 a share these bags are heavy. Lol. At some point I may throw some $ at it to average down . There isn't enough clown makeup in the world for me!

A breakeven of $22 seems impossible these days, but 8 dollars seems like a one day... but also

 

[scal_air]

At an average price of $22 a share these bags are heavy. Lol. At some point I may throw some $ at it to average down . There isn't enough clown makeup in the world for me!

A breakeven of $22 seems impossible these days, but 8 dollars seems like a one day... but also

I'm with you Kerplunk lol

 

[Rogue]

I have seen a ton of articles like this: https://investorplace.com/2023/11/l...ns-to-dump-lucid-now-and-forget-all-about-it/

My gut instinct is to then bet in the exact opposite direction.

 

[PhotoEye]

I have seen a ton of articles like this: https://investorplace.com/2023/11/l...ns-to-dump-lucid-now-and-forget-all-about-it/

My gut instinct is to then bet in the exact opposite direction.

About the author: "His areas of expertise are semiconductor and enterprise software equities."
Didn’t see any mention of automotive industry, much less the EV market.

 

[suchluke]

I have seen a ton of articles like this: https://investorplace.com/2023/11/l...ns-to-dump-lucid-now-and-forget-all-about-it/

My gut instinct is to then bet in the exact opposite direction.

I agree. Standard short sellers talk. They are afraid of the squeeze. Now imagine everyone will start buying LCID. It would create a frenzy similar to GameStop. Does anyone want to start a new Reddit thread?

 

[xponents]

I agree. Standard short sellers talk. They are afraid of the squeeze. Now imagine everyone will start buying LCID. It would create a frenzy similar to GameStop. Does anyone want to start a new Reddit thread?

Yeah, lets do i-(ill finish the response later, some guy with a "sec" shirt knocked on my door. wonder what that is?)

 

[Rossb2k]

Don't care about meme stock stuff (but sure, send it to $1000) but it seems the market is already pricing in interest rate cuts for 2024 now that inflation is leveling off and hiring is slowing. At least that one headwind might lessen in time for the gravity launch.

 

[Spin Doctor]

$LCID is at $4.20. We’re already a meme stock

 

[xponents]

$LCID is at $4.20. We’re already a meme stock

taking lcid private at 4.20. funding secured

 

[NoseyReporter]

I can't help but keep nibbling. I got a real addiction.

 

[gaskiller]

I have seen a ton of articles like this: https://investorplace.com/2023/11/l...ns-to-dump-lucid-now-and-forget-all-about-it/

My gut instinct is to then bet in the exact opposite direction.

Those investorplace articles are written by the same group of amateurs guided by Louis Navellier. He was indicted for fraud by the SEC and paid millions in fines. He puts out a very bearish article on LCID every month. In the interim, his stooges write similar articles. So when you google LCID, one of these articles come up all the time. He is a crook manipulating and spreading FUD against Lucid. He and his cronies shorted LCID and trying to tank the stock. A lousy good for nothing leach feeding of retail investors! Exactly why SEC needs to grow some and go against Wall Street manipulation, good example is naked shorting, high frequency trading. Why should hedgefunds get an advantage vs retail investors??

 

[Rogue]

Those investorplace articles are written by the same group of amateurs guided by Louis Navellier. He was indicted for fraud by the SEC and paid millions in fines. He puts out a very bearish article on LCID every month. In the interim, his stooges write similar articles. So when you google LCID, one of these articles come up all the time. He is a crook manipulating and spreading FUD against Lucid. He and his cronies shorted LCID and trying to tank the stock. A lousy good for nothing leach feeding of retail investors! Exactly why SEC needs to grow some and go against Wall Street manipulation, good example is naked shorting, high frequency trading. Why should hedgefunds get an advantage vs retail investors??

High frequency trading is practically impossible for retail traders. The fees from institutions cut into the thin desired margin of 1-3% gains. Successful strategies that would work if at the institution, trading on the institution's behalf, obliterated by seemingly harmless and small fees. Trying to get a direct line for information from the exchanges cost an arm and a leg upwards of 10k+ month, and it still does not fix the fee structure for higher frequency trading.

I know a guy who worked at one of the smaller to medium sized institution, down on the floor of NYSE. He always told me it was a fool's errand, even for smaller institutions. Those who knew somebody would always get the orders rearranged to benefit the biggest institutions and turning trades in the black to the red (by order execution alone!).

All this to say Lucid is a long hold for many of us I imagine. Cost averaging or entering for the first time at this price while the stock likely drops until Gravity production. There is no boosting good news in the meantime as far as I'm aware, only day to day selling of the Air.

Anyways, I mean not to derail the thread. All this to say high frequency trading even on Lucid is a fool's errand. Longer stints will be necessary.

 

[xponents]

High frequency trading is practically impossible for retail traders. The fees from institutions cut into the thin desired margin of 1-3% gains. Successful strategies that would work if at the institution, trading on the institution's behalf, obliterated by seemingly harmless and small fees. Trying to get a direct line for information from the exchanges cost an arm and a leg upwards of 10k+ month, and it still does not fix the fee structure for higher frequency trading.

I know a guy who worked at one of the smaller to medium sized institution, down on the floor of NYSE. He always told me it was a fool's errand, even for smaller institutions. Those who knew somebody would always get the orders rearranged to benefit the biggest institutions and turning trades in the black to the red (by order execution alone!).

All this to say Lucid is a long hold for many of us I imagine. Cost averaging or entering for the first time at this price while the stock likely drops until Gravity production. There is no boosting good news in the meantime as far as I'm aware, only day to day selling of the Air.

Anyways, I mean not to derail the thread. All this to say high frequency trading even on Lucid is a fool's errand. Longer stints will be necessary.

I just personally hate high frequency trading in general across all stocks(unless its a meme stock or something that would REQUIRE me to do hf trading to profit). LCID is no different, so yes I completely agree with you.

 

[gaskiller]

About the author: "His areas of expertise are semiconductor and enterprise software equities."
Didn’t see any mention of automotive industry, much less the EV market.

In a span of 24 hours Navalier pushed out two negative articles on LCID on investorplace. Investorplace is not a real investing advice platform. It's a website for shorts to spread FUD the companies they shorted. And they pay google to be on the top of search lists.

 

[liggy]

First post here. Not a Lucid owner yet. Will probably take a flyer on some shares today and see how this shakes out. The car is too nice to fail.
Personally still love my ICE cars - particularly the S2000 but really am intrigued by the Air.

 

[kerplunk]

First post here. Not a Lucid owner yet. Will probably take a flyer on some shares today and see how this shakes out. The car is too nice to fail.
Personally still love my ICE cars - particularly the S2000 but really am intrigued by the Air.

Thumbs up on the s2000

 

[Cossa]

First post here. Not a Lucid owner yet. Will probably take a flyer on some shares today and see how this shakes out. The car is too nice to fail.
Personally still love my ICE cars - particularly the S2000 but really am intrigued by the Air.

I'm an original owner of a S2000 and love my AT. Two very different cars though.

 

[liggy]

Thumbs up on the s2000

Thanks! Truly enjoyable and a most engaging drive.

I'm an original owner of a S2000 and love my AT. Two very different cars though.

I'll sell my S4 and 997 before the S2000. That will stay in the garage for as long as I can still physically drive it.
So good to auto-x and on the track.

If the Air were about 10-15% smaller I'd already have one. It's such a beautiful design inside and out. Don't need one but really want one.

Thanks for the kind words!