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gaskiller said:
It’s was a rumor initiated by EV website. If going bankrupt they wouldn’t take 800 million debt. They won’t go private, they lose autonomy vehicle advantage due to being purely Saudi company. They wouldn’t have hired new team if that’s the plan.

Alix partners actually suggested they stop Europe expansion and concentrate on quality.
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A rumor cannot bring down a 50% loss.
Lucid would have come out and said something if it is.
 
gaskiller said:
It’s was a rumor initiated by EV website. If going bankrupt they wouldn’t take 800 million debt. They won’t go private, they lose autonomy vehicle advantage due to being purely Saudi company. They wouldn’t have hired new team if that’s the plan.

Alix partners actually suggested they stop Europe expansion and concentrate on quality.
Click to expand...
Are you saying what I think you are saying? You gonna buy more to weigh it down? You have a ball of steel.
 
It’s a double whammy for stockholders and owners of the vehicles if this goes BK . Watch the market tank on both. It’s gonna be brutal cars will 10 cents on the dollar.
 
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oh yeah it's halted alright
 

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My brother, who works on Wall Street, just texted me this on his break - "Yikes! LCID halted!"

What's that supposed to mean? I really don't know.
 
gaskiller said:
It’s was a rumor initiated by EV website. If going bankrupt they wouldn’t take 800 million debt. They won’t go private, they lose autonomy vehicle advantage due to being purely Saudi company. They wouldn’t have hired new team if that’s the plan.

Alix partners actually suggested they stop Europe expansion and concentrate on quality.
Click to expand...

And this is why that website is blocked on here.
 
Bus Driver said:
My brother, who works on Wall Street, just texted me this on his break - "Yikes! LCID halted!"

What's that supposed to mean? I really don't know.
Click to expand...
Sudden precipitous drop in share price automatically triggers a temporary trading halt so that news, if there is any, can be properly disseminated.
 
It's climbing back UP!
 
lame, it's halted again at $2.95
 
Someone really trying to bring it down...it halted at $2.95 after multitudes of sells
 
socktucker said:
So it was really Winterhoff that tried to save the company, and Silvio that was hired to dismantle it.
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Speculation: Yeah, waiting for news Napoli is making life better for customers, and not getting it, could be explained by his being hired for a different purpose. Online, 10k cash and 0% financing / 20% down was about the best incentive I'd seen. I feel more for owners, than what I suspect are small positions others have in a penny stock...it should never have split. The news, rumor, lack of defense or even salvaging actions that match the recent lip service (firings don't count) are all things that might nail the coffin, regardless, at this point.
 
It’s all based on rumor initiated by one website. I’m not worried at all about bankruptcy.
 
A simple statement from Nick Twork would send the stock right back up to $5. Unfortunately, like others have said we likely won't hear anything until the earnings call and by then the stock will be under $1 again.
 
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