What's new
By:

It looks like we have a new step-daddy

DeaneG said:
HRH Alsaud is a Saudi prince, but he is not the crown prince, and he is not listed as being part of PIF management, its board, or its panel of experts.
Click to expand...
You're 100% correct - I stand corrected 😳
 
Lucidicrous said:
The next step is to enable LCID to conduct transactions on the Saudi stock exchange while ensuring that its shares cannot be lent to short sellers.
Click to expand...
Much though people like Musk bad-mouth short sellers, they do provide a useful contrary view on companies that is a useful part of the market setting a fair price for a company. Musk hates them because his companies are so dependent on hype, and at some level he fears what will happen if his companies were priced according to any conventional standard. There's a reason why most companies spend no time complaining about short selling, and Lucid shouldn't (and I hope doesn't) spend any of their time thinking about them.
 
I agree that markets function best when normal forces are allowed to play out. However, even in free-market systems like the U.S. and South Korea, regulators have stepped in at times to limit short selling when there are concerns about excessive downward pressure or potential distortion.

In Lucid’s case, the stock has ranked among the most heavily shorted by percentage of float. That level of short interest naturally raises questions about whether the price fully reflects fundamentals or is being amplified by trading dynamics. It’s also worth asking whether Lucid truly stands out as the weakest player in the EV space, or if the current sentiment may be disproportionately negative.

Importantly, stock price is not just a market signal—it can influence customer confidence, partnerships, and overall momentum. In that sense, sustained pressure on the stock can have real-world effects beyond the trading floor.
 
TahoeMichael said:
Much though people like Musk bad-mouth short sellers, they do provide a useful contrary view on companies that is a useful part of the market setting a fair price for a company. Musk hates them because his companies are so dependent on hype, and at some level he fears what will happen if his companies were priced according to any conventional standard. There's a reason why most companies spend no time complaining about short selling, and Lucid shouldn't (and I hope doesn't) spend any of their time thinking about them.
Click to expand...
Floating a spurious rumor then exercising a short postion is not useful or contrary, rather it is immoral.
 
Section 10(b) of the Securities Exchange Act and Rule 10b‑5 – the general anti‑fraud provisions. It’s unlawful to make materially false or misleading statements (or to omit material facts) “in connection with the purchase or sale of any security” with scienter (intent or reckless disregard).
 
When a company executes in the face of short sellers, even lying unethical shortsellers, the upward moves are even juicier. Lucid has had execution problems and so the short sellers have been happy. If they want to screw over the shorts, they should focus on execution.
 
DeaneG said:
This appears to me to be a personal investment by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, independent of the PIF. Likely in the neighborhood of $150M.

I wouldn't necessarily read anything into this relative to the PIF's strategy, other than that HRH Alsaud is a clever and successful investor and he likely understands which way the wind is blowing within the government.
Click to expand...
I’m sure he did his research!
 
TahoeMichael said:
Much though people like Musk bad-mouth short sellers, they do provide a useful contrary view on companies that is a useful part of the market setting a fair price for a company. Musk hates them because his companies are so dependent on hype, and at some level he fears what will happen if his companies were priced according to any conventional standard. There's a reason why most companies spend no time complaining about short selling, and Lucid shouldn't (and I hope doesn't) spend any of their time thinking about them.
Click to expand...
If it wasn’t for shorts sellers buying to close, his companies would never be worth that much.

Musk is the opposite of short sellers, a hype master. Both are erroneous.
 
You must log in or register to reply here.
Back
Top