moonradiance
2023-03-31

$Lucid Group Inc(LCID)$   fund managers (bear) have controlled the support and now the algorithm is pushing the stock artificially up and down. The stock at this price is still way over valued. 

Long term investor provided lucid don't go bankrupt should consider buyiing between 5 to 6 dollars o or even below. 

Short term and speculators sell each the the stock is falsely push upwards. That's you best bet but at your own risk.

Conservative investors should just avoid this stock altogether till there is positive news and when lucid actually proven it can produce and compete in the EVs sector.

Do note despite all the mixed analysis out there if the market is entering the bull or bear, my take is that it will go further down if you consider carefully and correctly how the market economy is going to perform. It's all long task to share but do you own research.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • wigglyz
    2023-04-04
    wigglyz
    Following Q3, Lucid Motors says it still has 34,000 Air reservations that would equate to $3.2 billion in sales if each and every one of them came to fruition
    • moonradiance: 
      that's a big if... if the sales went through and if they can meet the production. I wouldn't bet on if. the probably chance is very unlikely.
  • pixiezz
    2023-04-04
    pixiezz
    The Lucid Air outperforms the Tesla Model S in available options for maximum range on a single charge. Lucid offers up to 516 miles, nearly 30-percent more than Tesla's highest range of 405 miles
    • moonradiance: 
      in business, it's all about making profits. no point having something better but unable to be sustainable
  • cheerzy
    2023-04-04
    cheerzy
    Lucid's lowest option is also greater than Tesla's lowest option: 410 miles to Tesla's 396 miles. Facts are facts.
  • ThunderPat
    2023-03-31
    ThunderPat
    Will need more data to be more convincing but you have suggested a new angle for exploration
  • nimbly
    2023-04-04
    nimbly
    Going to be lucky to hit 15MM share volume.
  • vippy
    2023-04-04
    vippy
    When TSLA turns and she will LCID will run fast and hard!
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