Raging BUY at $2.26?

[californiaboy935]

Wouldn’t that be a blast!!!

It’s like reinvesting my earnings Lol.

 

[sri]

Heights of manipulation: Lucid did better in monthly sales and stock goes down 5%, Tesla sales went down and it recovered quick.
Not sure when the tables will turn.

 

[MJAir23TheGoat]

^^^^
Tesla Q1 numbers were already priced in with the news. The stock has dropped from 488 to 266 in a matter of three months.

 

[sri]

Heights of manipulation: Lucid did better in monthly sales and stock goes down 5%, Tesla sales went down and it recovered quick.
Not sure when the tables will turn.

News came out saying he is going out of DOGE and waited until after hours to say no thats not true. Now Tesla lost the gains from today but what about tariff loss, is this staged to not let Tesla fall sharply like other stocks?

 

[David Ross]

Any ideas as to why the stock rose about 10% yesterday?

 

[Blue Lectroid]

Same reason it was down 6% the day before? In all seriousness, it has been very volatile the past week and I imagine it’s mostly just day traders moving it around, but who knows?

 

[LuvLucy]

It’s been all over the board lately, probably day traders as said, but the general trend has been up, so I’ll take it as I’m up 20% in 2 months. The killing of tax credits and lease loophole in the draft big beautiful bill are a bit of a headwind in the medium term.

 

[David Ross]

Same reason it was down 6% the day before? In all seriousness, it has been very volatile the past week and I imagine it’s mostly just day traders moving it around, but who knows?

Looks like a partial correction thus far today. I am optimistic about the stock, due mostly to the promise of the Gravity and other SUV models, and recently took a small position. Go LCID!

 

[Bobby]

Any ideas as to why the stock rose about 10% yesterday?

You shouldn’t have said anything! Now it’s back down today.

 

[David Ross]

You shouldn’t have said anything! Now it’s back down today.

Mum's the word to ensure tomorrow's recovery!

 

[Cosmo Cruz]

$1.99

 

[David2025]

Last week LCID was north of $3.50. This morning it’s $2.26. Full disclosure, I’ve been putting together a decent sized position since last November with an average price per share of $2.47. I bought more last week at $3.17 and bought a LOT MORE yesterday at $2.25.

The long term thesis for LCID is better (IMHO) than it was last week. Earnings results were better than expected, forward looking revenue / sales projections are very positive and the Company has started the necessary transition from Founder-run to long term, professionally managed. I know, I know, everyone points to Jobs at Apple and says “Peter leaving is the end, SELL!”

Steve Jobs was a Black Swan. Just as Elon is. MOST companies succeed by moving BEYOND their CEO’s, not by clinging to them forever (or in Jobs’ case, inviting them back).

Peter is an awesome, once in a generation engineer, inspiring human being and I deeply respect him. That said, many of the things folks do NOT like about Lucid are “classic issues” with Founder-run companies — diffuse message strategy, missing production deadlines, poor customer communication, slow (or lack of) progress towards profitability, hit or miss product quality. The very skills that allow for the exceptionally engineered products Lucid has created are at odds with many of the more mundane daily blocking and tackling of running / growing a quality public company.

Please remember that Peter recently boasted about personally engineering the sill plate in the rear of Gravity’s trunk to avoid damaging the trunk’s weather stripping. He also took over responsibility for software development last Fall. Those are lovable but also are typical acts of Founder CEO’s. They built the place, so it’s impossible to let go.

The trunk weather stripping idea MIGHT sell two extra vehicles (if anyone even notices it as a feature). Putting together a better communication strategy? Solving nagging quality product issues? Delivering a great ADAS? Hitting production deadlines? THOSE things sell thousands of vehicles. There is a very deep, passionate engineering bench and ethos at Lucid that I believe will continue to shine. Peter deliberately built a great team — he never wanted Lucid to become a Cult of Personality.

I wish Peter nothing but the best. I also am far more bullish on LCID today than I was Tuesday morning…

Jobs (no question a black swan) leaving may have been a major event. It has, however, had no negative effect on Apple. As an avid player in the stock it has pretty much gone straight up. Or so my schedule D says.

 

[illopp00]

Jobs (no question a black swan) leaving may have been a major event. It has, however, had no negative effect on Apple. As an avid player in the stock it has pretty much gone straight up. Or so my schedule D says.

No 'negative' effect, but Apple's future returns likely will not be repeated now that it's basically a consumer staples company with close to 0 growth and mostly financial engineering.

 

[sri]

Ok, its a quick raise and quick fall

 

[Leftlane]

No 'negative' effect, but Apple's future returns likely will not be repeated now that it's basically a consumer staples company with close to 0 growth and mostly financial engineering.

Honestly can’t count how many times this has been said about Apple.