Time to buy the dip?

2021-09-02

Lucid Stock is Tanking. The Reason Has Nothing to Do With EV Manufacturing.

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Comments

JC888
2021-09-02
JC888
Can have a show of hands how much are you all willing to buy into Lucid and hold for at least 2 to 3 years until it turns profitable. Am curious.
Nez
2021-09-02
Nez
Maybe
tig2021
2021-09-02
tig2021
yes
- KH321:
  maybe
Bodoh
2021-09-02
Bodoh
Good idea

Leave a comment

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The Reason Has Nothing to Do With EV Manufacturing.","url":"https://stock-news.laohu8.com/highlight/detail?id=1166477679","media":"Marketwatch","summary":"Investors in Lucid are set to have one of the difficult days that often happen among start-up electr","content":"<p>Investors in&nbsp;Lucid&nbsp;are set to have one of the difficult days that often happen among start-up electric-vehicle companies. The share were down 16% in early trading, while the&nbsp;S&amp;P 500&nbsp;was up 0.2% and the&nbsp;Dow Jones Industrial Average&nbsp;was flat..</p>\n<p>Life can be tough for investors in&nbsp;these companies.So many things can move the stock price significantly. Many of them have nothing to do with&nbsp;corporate fundamentals.</p>\n<p>The issue Wednesday is the expiration of a stock-selling prohibition for investors inLucid’s PIPE, or private investment in public equity. The PIPE lockup expired Wednesday.</p>\n<p>Lucid became a publicly traded company, and raised more than $4 billion, by merging with a special-purpose acquisition company, or SPAC. PIPEs are a common feature of SPAC mergers. The Lucid PIPE raised about $2.5 billion of the total $4.4 billion the company received.</p>\n<p>The quality of the PIPE investors–they can be large institutions–often improves investors’ perceptions about a SPAC merger. Lucid’s PIPE investors included accounts managed by&nbsp;BlackRock(BLK), Fidelity Management &amp; Research,Franklin Templeton,Neuberger Berman, Wellington Management, and others.</p>\n<p>PIPE investors own about 10% of the stock, based on recent filings. The PIPE stock was sold at about $15 a share, so those investors are sitting on nice gains. Lucid stock was at $16.84 in early trading.</p>\n<p>Anytime a large block of stock becomes available to sell, shares can be weak. Investors, and traders, look to get out ahead of any selling by large shareholders. It can create a situation, where the fear of selling creates actual selling.</p>\n<p>None of the PIPE shareholders have to sell, of course. They simply can sell now. Lucid wasn’t immediately available to comment on the PIPE, investors’ plans, or the lockup expiration.</p>\n<p>Coming into Wednesday, Lucid stock was down about 7% over the past three months. The S&amp;P has gained about 8% over the same span.</p>\n<p>Other EV stocks have been weak too. The semiconductor shortage, which is constraining global auto production, together with a downbeat forecast from&nbsp;General Motors(GM) regarding its&nbsp;second-half 2021earnings, seem to have taken some of the wind out of the sails of the sector.</p>\n<p>Lucid plans to&nbsp;start making&nbsp;and delivering its first EV, the Lucid Air, later in 2021.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid Stock is Tanking. 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The Reason Has Nothing to Do With EV Manufacturing.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-01 22:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/lucid-stock-falls-pipe-sales-lockup-51630504671?mod=newsviewer_click><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors in Lucid are set to have one of the difficult days that often happen among start-up electric-vehicle companies. The share were down 16% in early trading, while the S&P 500 was up 0.2% and ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/lucid-stock-falls-pipe-sales-lockup-51630504671?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://www.marketwatch.com/articles/lucid-stock-falls-pipe-sales-lockup-51630504671?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1166477679","content_text":"Investors in Lucid are set to have one of the difficult days that often happen among start-up electric-vehicle companies. The share were down 16% in early trading, while the S&P 500 was up 0.2% and the Dow Jones Industrial Average was flat..\nLife can be tough for investors in these companies.So many things can move the stock price significantly. Many of them have nothing to do with corporate fundamentals.\nThe issue Wednesday is the expiration of a stock-selling prohibition for investors inLucid’s PIPE, or private investment in public equity. The PIPE lockup expired Wednesday.\nLucid became a publicly traded company, and raised more than $4 billion, by merging with a special-purpose acquisition company, or SPAC. PIPEs are a common feature of SPAC mergers. The Lucid PIPE raised about $2.5 billion of the total $4.4 billion the company received.\nThe quality of the PIPE investors–they can be large institutions–often improves investors’ perceptions about a SPAC merger. Lucid’s PIPE investors included accounts managed by BlackRock(BLK), Fidelity Management & Research,Franklin Templeton,Neuberger Berman, Wellington Management, and others.\nPIPE investors own about 10% of the stock, based on recent filings. The PIPE stock was sold at about $15 a share, so those investors are sitting on nice gains. Lucid stock was at $16.84 in early trading.\nAnytime a large block of stock becomes available to sell, shares can be weak. Investors, and traders, look to get out ahead of any selling by large shareholders. It can create a situation, where the fear of selling creates actual selling.\nNone of the PIPE shareholders have to sell, of course. They simply can sell now. Lucid wasn’t immediately available to comment on the PIPE, investors’ plans, or the lockup expiration.\nComing into Wednesday, Lucid stock was down about 7% over the past three months. The S&P has gained about 8% over the same span.\nOther EV stocks have been weak too. The semiconductor shortage, which is constraining global auto production, together with a downbeat forecast from General Motors(GM) regarding its second-half 2021earnings, seem to have taken some of the wind out of the sails of the sector.\nLucid plans to start making and delivering its first EV, the Lucid Air, later in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5725316,"commentId":"5725316","gmtCreate":1630547574966,"gmtModify":1663233260948,"authorId":3570103090255456,"author":{"id":3570103090255456,"idStr":"3570103090255456","authorId":3570103090255456,"name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.04","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":812064008,"objectIdStr":"812064008","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>Can have a show of hands how much are you all willing to buy into Lucid and hold for at least 2 to 3 years until it turns profitable.  Am curious.</p>","text":"<p>Can have a show of hands how much are you all willing to buy into Lucid and hold for at least 2 to 3 years until it turns profitable.  Am curious.</p>","html":"<p>Can have a show of hands how much are you all willing to buy into Lucid and hold for at least 2 to 3 years until it turns profitable.  Am curious.</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":5726175,"commentId":"5726175","gmtCreate":1630551706874,"gmtModify":1663233269134,"authorId":3577664011514694,"author":{"id":3577664011514694,"idStr":"3577664011514694","authorId":3577664011514694,"name":"Nez","avatar":"https://static.tigerbbs.com/b32d6842fa474340581d116936497abb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":812064008,"objectIdStr":"812064008","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Maybe","text":"Maybe","html":"Maybe","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":5724816,"commentId":"5724816","gmtCreate":1630545461472,"gmtModify":1663233261639,"authorId":3587008457873110,"author":{"id":3587008457873110,"idStr":"3587008457873110","authorId":3587008457873110,"name":"tig2021","avatar":"https://static.tigerbbs.com/86558e2c1be0fae967630b306994ef5a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.91%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":812064008,"objectIdStr":"812064008","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>","likeSize":0,"commentSize":1,"subComments":[{"id":5724970,"commentId":"5724970","gmtCreate":1630546123506,"gmtModify":1663233258728,"authorId":3586451610703869,"author":{"id":3586451610703869,"idStr":"3586451610703869","authorId":3586451610703869,"name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.75%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":812064008,"objectIdStr":"812064008","type":1,"supId":5724816,"supIdStr":"5724816","prevId":0,"prevIdStr":"0","content":"maybe","text":"maybe","html":"maybe"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":5724238,"commentId":"5724238","gmtCreate":1630543205447,"gmtModify":1663233258135,"authorId":3559859558754319,"author":{"id":3559859558754319,"idStr":"3559859558754319","authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.79%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":812064008,"objectIdStr":"812064008","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Good idea","text":"Good idea","html":"Good idea","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/812064008"}