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Raging BUY at $2.26?

thyname said:
Did you mean 38K shares? 38 shares is nothing even at $17 per share cost basis. In the grand scheme of things (I.e you cannot go broke losing ~ $700). Lets be real
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No, I meant what I said. 3-8. 38 shares. I just dipped a toe in. My portfolio is doing wonderful, don’t you worry.

My point is, the stock is a dud. Glad I didn’t invest much.
 
scal_air said:
So why haven’t you sold it and moved on?
Many of us have a high dollar average cost but we are accumulating based on our confidence in the company. If you don’t, you’re just wasting your time here.
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I might sell it after this exchange. I just had not thought about it, tbh. It’s worth like four cents now so what’s the difference between selling and holding lmao.
 
3rdMotor said:
I might sell it after this exchange. I just had not thought about it, tbh. It’s worth like four cents now so what’s the difference between selling and holding lmao.
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For you? Basically nothing.

If you don’t believe in the company long-term, it makes no sense to hold on to 38 random shares except as a lottery ticket.

Many of us (and many analysts) disagree with your assessment of it as a “dud,” as we look at the *company* and not a stock ticker, but you do you.
 
3rdMotor said:
No, I meant what I said. 3-8. 38 shares. I just dipped a toe in. My portfolio is doing wonderful, don’t you worry.

My point is, the stock is a dud. Glad I didn’t invest much.
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You're concerned about your paper loss on 38 shares????? I lose more than that when I empty my pockets before putting my pants in the wash. :)
Just go for a ride & enjoy the car.
 
pjdcorp said:
You're concerned about your paper loss on 38 shares????? I lose more than that when I empty my pockets before putting my pants in the wash. :)
Just go for a ride & enjoy the car.
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Well aren’t we Mr. Fancy-pants

:p
 
3rdMotor said:
I’m at 38 shares with an average cost of $17.11. Lucid has been an awful stock and let’s be honest: it’s never going to rebound. Not even remotely.
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Buy more and average down. Thats what I have done. My average 1/3rd of my original. Now is not the time to sell and walk away, unless you have other capital gains to cover.
 
IF the Gravity sells well into that larger addressable market Peter bragged about and
IF they produce the more affordable midsize
This will see double digits once again
 
pjdcorp said:
You're concerned about your paper loss on 38 shares????? I lose more than that when I empty my pockets before putting my pants in the wash. :)
Just go for a ride & enjoy the car.
thyname said:
Did you mean 38K shares? 38 shares is nothing even at $17 per share cost basis. In the grand scheme of things (I.e you cannot go broke losing ~ $700). Lets be real
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No, I meant what I said. 3-8. 38 shares. I just dipped a toe in. My portfolio is doing wonderful, don’t you worry.

My point is, the stock is a dud. Glad I didn’t invest much.
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The "I own 38 shares" guy worrying about his losses doesn't trouble me. I am by no means wealthy, but paper losses on 38 shares even if he bought in super high would not trouble me. Call me when you have 100-500k shares... then we can talk Form 144.
 
Blue Lectroid said:
Thoughts on why the stocks getting hammered on massive volume? Air not being available to customers configure? Something else?
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Its Air customization making investors believe unable to sell vehicles and inventory pilling up. And Gravity delays are adding fuel on the fire.
 
sri said:
Its Air customization making investors believe unable to sell vehicles and inventory pilling up. And Gravity delays are adding fuel on the fire.
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Yeah unfortunately I think it’s that along with a lot of institutional investors issuing contradictory guidance. We got a Bloomberg report internally that says Lucid is great. Externally, the same firm says it’s “not worth buying” “downside risk too great” “etc.”

Seeking Alpha just did an article/podcast:

stocks.apple.com

SA analyst upgrades: NVDA, BMY, LCID, BOX, ZIM — Seeking Alpha

Here are the latest stock rating upgrades by Seeking Alpha analysts:
stocks.apple.com stocks.apple.com


I completely agree lucid is poised for growth and bought the dip today. Some other close friends and associates did the same.
 
David Ross said:
LCID is $.40 away from its one year low.
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Its lifetime low, I think. Great cars but not a great investment currently. Long term maybe, but there is still some dilution in its future.
 
52 week low
 

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The 52 week low price is also the lifetime low price. I bought some at 2.70 last week.
 

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$7,500 federal EV tax credit for automakers exceeding 200,000 U.S. sales by the end of 2025.?

Does this mean Lucid would still qualify? It implies only Tesla, Ford, GM and Hyundai might be removed.
 
illopp00 said:
$7,500 federal EV tax credit for automakers exceeding 200,000 U.S. sales by the end of 2025.?

Does this mean Lucid would still qualify? It implies only Tesla, Ford, GM and Hyundai might be removed.
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Yes, it affects Tesla and thats the reason Lucid is falling down more 😂. Makes no sense for me
 
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