cheezzy
2022-12-12

$8B shelf offering Means dilution of current shares if nothing else happens. However stock will trade on production targets (see Bear's youtube of AZ plant) and move over time from neg. earnings to positive as costs are brought in line. Also SUV and hopefully a less expensive mass produced sedan may below 50k.

Also specs like this will trade with the market risk on or off so watch the econ stats CPI coming and what the fed does weds. 50bps most likely

90% drop from the highs gets LCID below 6. Good luck to all and good trading.$Lucid Group Inc(LCID)$

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