Reverse Split

[WildRide47]

People don't parse the issue that finely. They hear "500" or "400" they think "wow that is a lot of range."

OK.

 

[L-Dude]

OK.

Sorry I didn't mean to be harsh if that's what you thought.

 

[WildRide47]

Sorry I didn't mean to be harsh if that's what you thought.

Not at all. I tend to have an obsessive compulsive personality so I concentrate on specifics, but I recognize that most people probably concentrate on generalities.

 

[illopp00]

If the stock price is still this bad by end of q3; I hope the number1 question to Mark
Where are the institutional investors and do you still think retail traders are the problem?

Some form of insider buying would be great too.

 

[illopp00]

People don't parse the issue that finely. They hear "500" or "400" they think "wow that is a lot of range."

Just say they all have over 420

 

[HC_79]

Love how the stock is up almost 15% today and it's crickets in here but the moment it loses 5% the pitchforks come out

 

[illopp00]

Love how the stock is up almost 15% today and it's crickets in here but the moment it loses 5% the pitchforks come out

In other words we all should have bought as much as is costs us in time complaining and typing on forums

 

[LucidfanAZ]

I believe it’s up because investors misinterpreted Cantor Fitzgeralds price target of $20 from $3 to be positive when in actually they meant $30 down to $20 post-split

 

[Pragmatic]

Dead cat bounce.

 

[HC_79]

Dead cat bounce.

I’m sure it is to some extent but my comment was more to show the pattern of behavior that goes on in here, not just with the stock price but everything. People will come in kicking and screaming to post something negative but the moment something positive happens it’s mostly crickets.

 

[tarator]

Love how the stock is up almost 15% today and it's crickets in here but the moment it loses 5% the pitchforks come out

Probably nobody wanted to jinx it.

 

[MJAir23TheGoat]

Getting close to buy point, I noticed it’s always about 40% below analysts average. That would be 14.5 since analysts are at 24.28.

That is when the algorithms and hedge funds load up.

That was Battery man : buy at 10… Buy at nine… Buy at eight Buy at seven… Buy at six…
buried if you bought.

 

[MJAir23TheGoat]

I remember when posters on this board said the stock looked tempting at 10, then at 6, then at 4, 3, 2 etc. Maybe it is at this low point, but I don't see any near term catalyst to move the stock up, other than some traders taking a risk because they believe the stock is oversold which it may be at this point, but others thought it was oversold at 6 and 4.

See above…. it’s all good
The enthusiasm was there

 

[merveille07]

Love how the stock is up almost 15% today and it's crickets in here but the moment it loses 5% the pitchforks come out

I am guilty as charged. Yesterday was rough

 

[WildRide47]

See above…. it’s all good
The enthusiasm was there

Glad to see the stock up nicely whatever the reason.

 

[BS8899]

One needs to be careful with that. Yes the AGT with the 19 inch tires is rated 512 miles. But most do not achieve that range and others who have the 20 and 21 inch tires will get less range. Yes that is specified in the website, but some may just look at the advertising and then be disappointed when their car does not achieve that goal. I think that Lucid just needs to hammer in that all their cars regardless of trims all beat the competition handily when it comes to range and not just concentrate on the Grand Touring with the 19 inch tires.

Absolutely!

The 512 mile range with the AGT is an EPA estimate. I presume one can come close to that if you drive 55-60mph on level roads, in moderate climate. I have a 2022 AGT with 19" wheels. I bought the AGT mostly because of the claimed range. I drive the Phoenix to LA (I-10) to Marin County (I-5) route often. I drive conservatively, typically 72-77 mph. Over the past 2-1/2 years and probably more than 10 round trips (6 round trips on the AGT, 4 on my 2023 Rivian R1S quad motor) the realizable range on my AGT was ~370 miles (100% SoC to ~6% SoC). In contrast, my R1S has the large pack (not the Max Pack). It has a claimed range of ~300 miles. On the same route, I can get ~280- miles, using the "Conserve" mode, i.e., with FWD only.

 

[SteveR]

Love how the stock is up almost 15% today and it's crickets in here but the moment it loses 5% the pitchforks come out

heck yeah, i made $195 on my 100 shares purchased Thursday. just need to repeat that luck 5 times and an upgraded info chip will be MINE

 

[gaskiller]

Love how the stock is up almost 15% today and it's crickets in here but the moment it loses 5% the pitchforks come out

I don’t know, what about impending dilution? Priced in? That what I’m unsure of.