Lucid's buyout rumors involving Saudi Arabia's Public Investment Fund (PIF) are laughable. Move on already. PIF doesn't buy companies. PIF just buys shares in companies. So with no takeover prospects; losing $900 mill/qtr and 1.7 bill shares outstanding, I think it's reckless to buy shares of Lucid in hopes of non-existent buyout offer. Anyone pushing the PIF takeover story; vs. explaining how Lucid can turn things around, are really desperate.$Lucid Group Inc(LCID)$
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.
- tk1799·2023-02-06same with Tesla over the years… the more Shorts the higher the stock price!!LikeReport
- breAkdaWn·2023-02-06Saudi buys! Saudi buy CR7!LikeReport
- MayTan·2023-02-06Thanks for sharingLikeReport
- Derrick_1234·2023-02-06OKLikeReport
- WDnemo·2023-02-06niceLikeReport
- Sim415·2023-02-06WooooLikeReport
- JoelSeah·2023-02-06OkLikeReport