Reverse Split

not financial advice, but obviously their tech, software, innovations and cash are worth more than just the cash. The stock has a huge overhang of buyers who bought in 2021 at a horrible price. Some are running for the doors. That’s actually not a terrible thing. Their negativity is its own form of marketing overhang. They shout negative things constantly because they have irrationally suffered. Not saying the stock goes up from here, would never call a bottom on any stock, but it does look tempting as an entry point.
I remember when posters on this board said the stock looked tempting at 10, then at 6, then at 4, 3, 2 etc. Maybe it is at this low point, but I don't see any near term catalyst to move the stock up, other than some traders taking a risk because they believe the stock is oversold which it may be at this point, but others thought it was oversold at 6 and 4.
 
Dont worry, when it is about oversold Lucid will add some to market(dilute). They are so careful not to get the stock high 🤣
 
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