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Without knowing what's going on inside the company (which we should not know) we can't condemn the departure. There are many reasons this could be the best decision for all involved. We just don't know.
 
61 percent of the trades today are on the dark pool. That is a low percentage for today. It was close to 80 percent the other day with 15 million in volume.

No worries, just accumulating.
 
Pragmatic said:
Without knowing what's going on inside the company (which we should not know) we can't condemn the departure. There are many reasons this could be the best decision for all involved. We just don't know.
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I agree and that is very pragmatic thinking... :)
 
One thing we can be certain of is that Lucid is a penny stock once again, even after the reverse split. We might hear about another reverse split soon.

I’ve already lost my lifetime savings and am now on the verge of losing everything. If that triggers the margin call, it would be disastrous.

I hate myself that why i know Lucid exists why not i am in the team of people who ask what car is this and who makes it.
 
sri said:
One thing we can be certain of is that Lucid is a penny stock once again, even after the reverse split. We might hear about another reverse split soon.

I’ve already lost my lifetime savings and am now on the verge of losing everything. If that triggers the margin call, it would be disastrous.

I hate myself that why i know Lucid exists why not i am in the team of people who ask what car is this and who makes it.
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nothing is certain yet, don't spiral out.
 
sri said:
I’ve already lost my lifetime savings and am now on the verge of losing everything. If that triggers the margin call, it would be disastrous.
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I’m really sorry to hear this. But I also don’t think that that is Lucid’s fault. Investing comes with risks, and putting your entire life savings into a single non-diversified stock was never a good idea, no matter what the stock is.

Nothing’s over yet, but this is unfortunately a hard-earned lesson. The stock market is gambling; anyone who tells you otherwise is either lying or has something to sell you.

Some people are professional gamblers. Many of them make lots of money.

But there are always far more amateur gamblers losing their life’s savings. It is off their backs that professional gamblers make their killing.
 
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sri said:
One thing we can be certain of is that Lucid is a penny stock once again, even after the reverse split. We might hear about another reverse split soon.

I’ve already lost my lifetime savings and am now on the verge of losing everything. If that triggers the margin call, it would be disastrous.

I hate myself that why i know Lucid exists why not i am in the team of people who ask what car is this and who makes it.
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why did you put your life savings into on stock!?..
 
sri said:
One thing we can be certain of is that Lucid is a penny stock once again, even after the reverse split. We might hear about another reverse split soon.

I’ve already lost my lifetime savings and am now on the verge of losing everything. If that triggers the margin call, it would be disastrous.

I hate myself that why i know Lucid exists why not i am in the team of people who ask what car is this and who makes it.
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I first used margin once a few years ago, got a margin call. Covered it, and then vowed never to use margin again.

They won’t reverse split again unless close to $1 which is less than 400 million valuation. I’m hopeful Napoli has the real CEO experience that Lucid needs to become a mature company.
 
borski said:
I’m really sorry to hear this. But I also don’t think that that is Lucid’s fault. Investing comes with risks, and putting your entire life savings into a single non-diversified stock was never a good idea, no matter what the stock is.

Nothing’s over yet, but this is unfortunately a hard-earned lesson. The stock market is gambling; anyone who tells you otherwise is either lying or has something to sell you.

Some people are professional gamblers. Many of them make lots of money.

But there are always far more amateur gamblers losing
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Lycra said:
why did you put your life savings into on stock!?..
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I really feel like it may be a troll. I certainly pray the OP did not sink life savings into a single stock and a startup to boot
 
psulightning said:
I really feel like it may be a troll. I certainly pray the OP did not sink life savings into a single stock and a startup to boot
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Not a troll. I belived Lucid to that level 🥺. I haven't sold a single stock even when it went to $63. Lucid has everything to beat any car in the market today. But it is Lucid itself caused the downfall with worst management decisions and their big oversight on software which made them loose sales and the stock value.
 
From a stock that was once $50… thst is
Now 45 cents its tough to spin any positive.
 
MJAir23TheGoat said:
From a stock that was once $50… thst is
Now 45 cents its tough to spin any positive.
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Yes, and i still believe Lucid don't care about their investors. I suspect if the flow continue the boat will sink by eod this month.
 
sri said:
Yes, and i still believe Lucid don't care about their investors. I suspect if the flow continue the boat will sink by eod this month.
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Lucid recently said they have funding to last into the first half of 2027. Sometime later this year, they'll announce another inflow.
Lucid stock price trajectory is typical of many, many startup IPOs - not to minimize the road they've followed, or their road ahead.
IPO investments are among the most risky you can make, no matter how great-sounding the company.
 
sri said:
Not a troll. I belived Lucid to that level 🥺. I haven't sold a single stock even when it went to $63. Lucid has everything to beat any car in the market today. But it is Lucid itself caused the downfall with worst management decisions and their big oversight on software which made them loose sales and the stock value.
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With all due respect, nothing about what’s in your post is Lucid’s fault. You made a bet, chose not to walk away *after* you’d won, and continued to gamble.

You weren’t counting on Lucid doing well; you were counted on Lucid being flawless.

That’s just not a good bet, imho.

A hard lesson learned, I guess.
 
sri said:
Yes, and i still believe Lucid don't care about their investors. I suspect if the flow continue the boat will sink by eod this month.
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This is nonsense; they have plenty of cash on hand, at least through H1 2027. They’re not going anywhere, despite their stock price.

The death of Lucid remains greatly overstated, as usual.
 
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