Another 5% down coming tomorrow and i think we will be in 2’s by earning update and Lucid us not yet ready to show Cosmos. Looks like cant stay any longer on ventilator, either we get diluted or drained.
Target $0
- Thread starter sri
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France's current situation is perfect for selling expensive SUVs. Their bonds are doing great and domestically all is calm.
I think its more of a reverse split again which was not expected but Lucid’s great management made it happen.
Paris streets are perfect for a huge SUV if I recall
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I mean Monaco and St Tropez? Its a hotbed for that type of stuff...
Brother I have driven the streets of Paris. Never again. I put that Jeep Compass through hell.
It’s more of an introduction to the brand before Cosmos release in Europe. They don’t expect many sales.
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My Yamaha FJR has a bigger engine! 
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I bailed awhile ago. It’s a bummer
Was this in the 1930’s??!
I’m waiting to invest more… won’t go private, won’t be bankrupt. Will see how they raise capital at favorable terms to shareholders. I’m holding a decade more so drop is actually good for me to average down. No point selling here.
I talked myself into another 1000 shares today. Probably the last gasp chance. I figure it's probably 1 of 2 outcomes now: it's either heading to nothing (bankruptcy/buyout/private/etc), or they survive and go significantly higher. Just doesn't seem feasible for an automaker to flounder around this scant $1.3B market cap long-term. Rivian has a $19B market cap. Ford $48B.
Total loss is surely more likely at this point, but if it does survive in current form, 5x-10x seems likely (and that's still only half Rivian's market cap). It's like betting 10:1 odds on Super Bowl futures now.
Total loss is surely more likely at this point, but if it does survive in current form, 5x-10x seems likely (and that's still only half Rivian's market cap). It's like betting 10:1 odds on Super Bowl futures now.
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And the French will love the service wait times,
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I can see Paris paralyzed by a strike in 2027, with people picketing outside the of the Service Centers
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Or instead of buying a few Lucid's, as it approaches $0, we may just but the company. I just hope they last until my lease endsI may double down once more just for the helluvit once it drops to $2.
Slightly better odds than Powerball at this point.