Is the stock a steal or not at 2.2

Interesting commentary from former Tesla bull Gerber
Ehhh

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Interesting commentary from former Tesla bull Gerber
When you have the opportunity, you make it happen. Wonder what he thinks about all the lies Musk told? These cult Tesla fanboys can go shove their logic you know where…..

Another good example why I despise Tesla fanboys
 
I bought a lot when it hit $1.99 a few weeks ago to add to my position. Glad I did that, obviously. I will continue to add on dips. The triad of Uber, Lucid, and Nuro is a remarkable success. Uber will put the self-driving Gravity on the road, and people will ride it and say, "This is a great car, what is it? It should sell a lot of Gravities. Hopefully, Lucid will do so, utilizing co-marketing and including a QR code in Uber that links to Lucid's' Configure Your Gravity' page.

Additionally, with the Nuro Driver integration, Lucid is expected to offer some of this technology in the retail version of Gravity, potentially providing L3 autonomy on all roads. Dream Drive Ultra perhaps!
 
I don’t think that is the reason. To go to $1 means a 70% drop….when sales are increasing, other manufacturers pulling back on EVs. I believe it’s strategic to allow for more institutions to buy and allow for margin trading. This pulls in more investors. Being a penny stock not good. This is the time to invest in Lucid…..many catalysts ahead, better to get more investors in now before midsize ramps up. That’s when exponential growth happens…..just like Tesla.
Honestly this is how you should think of Lucid, in my opinion.


Bezos explains this well in regards to the Dot-Com bubble.
 
Was trading LCID for the past 3.5 years. Sold some at $55 …. $45 …. $35 etc all taking profit when it’s was a spec. Have taken 2 long term positions at $2.02 and $2.12 in qty both times. I’ll just hold and see what happens over the next 5 years. I like the 1-10 reverse split
 
I don't really get why so many of you are so hot to invest in the stock. I already have risked $100k with the company by buying an AGT. No way I would compound that risk be putting money into their stock, which is (and has been) getting hammered.

If I had thousands to invest in a somewhat speculative stock, it wouldn't be in LCID. JMHO YMMV
 
A lot of stocks of good companies gets hammered but they skyrocket when the time comes and they fix their issues. If the company has a great product, eventually the consumers and investors will realize that

I can give many examples of stocks were hammered close to even zero then skyrock Like
Dominos
Monster
Twilio

And hundreds more

The bottom line, if you have great product, eventually you will have good stock but be patient
This is how the story of startups go

Big risk , bigger rewards
 
I wish I followed my own advice. 😁😁😁. I am now a bag holder. 🤣🤣🤣
I’m a big bag holder, taking this opportunity to buy more LCID. It’s silly to sell here unless you are harvesting taxes. That’s what I suppose is happening - all those who made gains in AI stocks selling Lucid.

But if you really want to make lots of money, you never sell for a decade!
 
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