moonradiance
2023-04-21

$Lucid Group Inc(LCID)$   Stock market is about to be nuke! The false rally is inflated into a bubble which is going to burst and the greed and foolishness I must say is mind blowing.

And if the recession turns out to be bad, I'm confident lucid will not survive as it's cash can only last 1st quarter of 2024. Even if it raises capital, it's still like fighting against the evitable. It's core business strategy maybe too late to revamped.

It's better to avoid meme stocks like this and invest in strong fundamental companies.


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

We need your insight to fill this gap
Leave a comment