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Seeking Alpha - BUY to HOLD

HC_79

Expert Member
Joined
Jan 4, 2022
Messages
846
Location
Santa Clarita, CA
Vehicle(s)
2022 Lucid Air GT
  • Our thesis on Lucid has always been about its production ramp. However, given the worsening COVID lockdowns in China, we believe its FY22 production guidance is at risk.
  • In its Q1 earnings card, management also highlighted that its guidance is predicated on improved supply chain visibility in China from May.
  • LCID stock is also testing a critical support level. If buyers fail to hold, it could face a steep selloff to force capitulation.
  • Therefore, we revise our rating on LCID stock from Buy to Hold until we get clearer visibility in China.
  • I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat
 

Starkey

Member
Joined
Feb 8, 2022
Messages
5
Vehicle(s)
AGT 21”
  • Our thesis on Lucid has always been about its production ramp. However, given the worsening COVID lockdowns in China, we believe its FY22 production guidance is at risk.
  • In its Q1 earnings card, management also highlighted that its guidance is predicated on improved supply chain visibility in China from May.
  • LCID stock is also testing a critical support level. If buyers fail to hold, it could face a steep selloff to force capitulation.
  • Therefore, we revise our rating on LCID stock from Buy to Hold until we get clearer visibility in China.
  • I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat
The thing with the internet is that anyone can write whatever they want with little repercussions….

 

hydbob

Staff Member
Moderator
Joined
Nov 14, 2021
Messages
4,018
Vehicle(s)
Dream P
DE Number
33
wow, 17% success rate with an average of -26% return...TAKE ALL MY MONEY!
 

bunnylebowski

Expert Member
Joined
Mar 22, 2022
Messages
777
Vehicle(s)
Lucid Air Grand Touring
wow, 17% success rate with an average of -26% return...TAKE ALL MY MONEY!
AND If you want to view his results over more than the last year, then all you have to do is give TipRanks all your money instead of that guy! I ain’t no market whiz, but my spidey sense tells me that someone recommending hold or sell based on some uncertainty surrounding projected quarterly results is stupid, unless you are not an investor and instead are just trying to time/game the market like it’s a casino. To think that some people trust these types with all their cash is just crazy to me.
 
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