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Congrats if you guys squeezed the shorts...
Target $0
- Thread starter sri
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I added a bunch at .55 cents in the 2x ETF - when you think LCID is violtale, LCDL is very fun or terrible depending on day.
Its back at .89 cents. So if you're convinced that was the bottom, you can pretty much get 6 shares of that for one LCID share.
Its back at .89 cents. So if you're convinced that was the bottom, you can pretty much get 6 shares of that for one LCID share.
I added 500 at $4.59, which might have been the recent bottom.
But that's on top of 500 at $5.58... and $6.32... and $7.61... and $8.79... and $10.13... and $10.88... and $16.39... and $17.81. All after the initial 1000 at $21.80. Averaged in at $11.97 now, so quite a ways to go.
But that's on top of 500 at $5.58... and $6.32... and $7.61... and $8.79... and $10.13... and $10.88... and $16.39... and $17.81. All after the initial 1000 at $21.80. Averaged in at $11.97 now, so quite a ways to go.
My average is $12.13 so I've got a way to go, but I'm not in it for a quick buck. I believe in Lucid's long term potential, so if it takes another 5+ years, that's not a problem.
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Market is so crazy and so manipulated as we all know. Tesla just had a massive… massive beat for Q2 deliveries and the stock is down $12 lol
Will probably drag LCID down with it today
Will probably drag LCID down with it today
Lucid did Lucid things, low sales. I believe Lucid hates to be positive itself 
They are worried that they could sell more Cosmos so are delaying to show it to market.
They are worried that they could sell more Cosmos so are delaying to show it to market.
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Lucid did Lucid things, low sales. I believe Lucid hates to be positive itself
They are worried that they could sell more Cosmos so are delaying to show it to market.
Kitchensink quarter incoming. Big write offs on the firings. Low sales. Find anything bad to throw in the mix and get it out of the way. All speculation of course, but this is a classic new CEO setup. And it gives a low point to build off of. CEOs want to say, “when I started losses were X and sales were horrendous! And look at what I’ve done!”
But this is meaningless, that's not even a dollar! Its not near either high or low, I wouldn't worry about it.LCID down 7%.
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Also, it rained somewhere todayLCID down 7%.
RIVN up 9% though.
Never said it was a "worry".
is a sigh of disappointment. This is the investor chat, so we're gonna cheer or sigh the moves. We finally had a nice mini-run over the last week. Hoping it doesn't just give it back like has been happening for, well, 5 years now. 7% is more of a give-back than hoped, but such is the life of taking a shot on a startup with long odds. Thus,
.Funny. Snarky and condescending too, but funny.
It’s cuz I washed my car. My bad.
Rivian announced better than expected deliveries and production.LCID down 7%.
RIVN up 9% though.
Lucid did the opposite.
Sometimes, stock prices move in ways that can't be rationalized. Sometimes, they move how you expect on the news of the day.
Right. It was really a response to the guy that suggested the the TSLA drop today would drag down the whole EV market. Or at least that's what it sounded like his assumption was.
Too bad it's feels like 115F in DC today, and the state fair is already sparsely attended.
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If you follow the EV segment typically if Tesla has a significant drop now at over $33 today
Historically, it brings all others down with it. That’s just factual, when you are the market leader. Unfortunately LCID may be headed back into the 5’s. That’s why it’s not a good idea to root against Tesla continually.
Oh yeah, I wasn't disagreeing with your assumption that the whole EV market would probably follow TSLA down today. Just surprised that not only did RIVN not follow, they soared.If you follow the EV segment typically if Tesla has a significant drop now at over $33 today
Historically, it brings all others down with it. That’s just factual, when you are the market leader. Unfortunately LCID may be headed back into the 5’s. That’s why it’s not a good idea to root against Tesla continually.