Lucid Group Inc (LCID)

[starkd748]

Yup w pattern almost over ...Technical analysis saves money

[starkd748]

Looks like a w chart pattern here

[SPARK'S FLY]

LCID HAD SOLD 700 CARS IN Q1 2022. THEY EXPECT TO DELIVER 6000-7000 THIS YEAR. XPEV HAS SOLD 29,500 IN 2022. LOOK AT THE COST PER VEHICLE AND COST PER SHARE? CHINESE OR AMERICAN?


MY OPINION I DO NOT OWN SHARES IN EITHER JUST DOING DD. TRADE RESPONSIBLY.

[BottomBounce]

$LCID vs $XPEV ? Which is better?

[Zilidium]

Thanks for your disclaimer, I was a little worried at first.

[BottomBounce]

$LCID $.0001 coming

[Spuds McKenz66]

I'll pay 7 LCID

[Saving Grace]

Short sellers are now insolvent. Bankrupt! LMAO

Major Central Banks are crashing or will crash.

The patriot reset will be on the Banks as the house is being cleaned up. The QFS is eliminating the criminals in droves.

Short selling hedge funds soon to be history and a thing of the past as London Bridge is falling down and criminals can no longer operate under a gold backed, Quantum Financial System that is entirely digital.

[KMC-1]

Single digits coming up!

[wiredawg]

Please don't mention that scam master S. Burns Lordstown in the same sentence with Lucid...but, what's really funny about that one is when I first saw him in an interview, I got a bad gut feeling. LOL

But seriously yes, my outlook is pretty dark and admittedly I do tend to over shoot when in bearish mode (regarding stock/markets) just my nature...a bit too cautious, I guess. But the fundamentals are horrible, and the market will now punish non-profitable companies. That's my dismay here, may not get a chance with current share structure/financials to become competitive to TSLA. Don't wish it, but questionable. Currently, not even leaning to adding, even if it hits single digits.

[KMC-1]

That's a much more dire outlook that I would expect with this company. They have actual products, that are already selling, the next models are in design/prototype phase now with the expansion of the manufacturing plants both here and in SA already happening. I do agree with you that I won't add any more money into this now - I already got burned very badly with Lordstown Motors (Steve Burns should be in jail) and I'm already in deep on Lucid too - I'll go into a long holding pattern now and expect this will end up being a fantastic investment come retirement time.

[wiredawg]

At the moment, it's all about interest rates. Corporation' s the likes of LCID will have a steep uphill battle until the fed levels off on raising rates. Cheap monies are no longer available, and it sounds like the fed is going to 4.00 - 4.25% by the end of this year. The OCT CPI followed by the Nov rate announcement will have all on edge. I really do think LCID will hit single digits. What I don't know is how will LCID survive, got nothing to do with the product but more about financing. With 1.7Bil outstanding shares that alone is not doing shareholders any favors and this environment. I hate to say but I see reverse split somewhere in LCID future 1 to 3 years. But better than bankruptcy option for long term holders...

[Nflgiants86]

Yep. Wonder how low this will go. No plans of averaging down. Not putting any more money into this. Just gonna sit back and keep my fingers crossed. This will obviously be a long hold for me, unless something changes to get me back to my average.

[BJ_Cooper]

Wheeeeeeeeeee!!!!!!

[Nflgiants86]

Down she goes!

[KMC-1]

Ruh Oh Scooby... someone knows something and the Insiders are getting out like rats leaving a sinking ship.... I'll be looking forward to seeing what we learn later today or tomorrow that they already know.

[wiredawg]

Probably the only thing holding this stock up, I fully expect this to hit single digits in our current environment.

[KMC-1]

I guess it’s to be expected for a $165k sedan. The Air just builds the brand, the next couple models will be what puts them on the map. * I hope lol

[buk199]

Seattle has 31 Air's ready for delivery they are stacking up.

[BearRickPunch]

I'm starting to see them everywhere.

[Rags2Riches]

Short Interest is creeping up i see.

[buk199]

1 more photo

https://linksharing.samsungcloud.com/6g0XrV1Fmik3

[buk199]

7 air's delivered to Seattle lucid

https://linksharing.samsungcloud.com/629ElEUbuPZ9

[BearRickPunch]

Lucid's batteries after a full year of testing beats all competition including Tesla.

https://www.barrons.com/articles/lucid-stock-price-buy-rating-tesla-battery-range-51663003449

[nadodude]

I believe the requirement for this 8 B is insurance against the Saudis if if if they back out at any point. Smart, and I don't think it will be used. GLTA

[DBS]

All fixed now...

[DBS]

I sent a message to admin. I've been sending them tickers that are not showing quotes and different ticker names as well. iHUB has been a little messed up lately.

[KMC-1]

Click on detailed chart - go to the tab where it shows the ticker symbol and change it to lcid.
Mine was doing it too until I fixed it.

[Zilidium]

nope, me too

[Nflgiants86]

Don’t know why, but when I try to view the stock price here, it shows the stock quote of CCIV, and not LCID. Maybe it’s just me.

[uksausage]

I have been remiss in not researching the Saudi connection more as I thought they had access to cash there without dilution to this extent.

The US Factory development has been going very well and very fast, if they are building similarly in Saudi then the $ is definitely needed sooner rather than later. Not being able to sell the cars they planned due to supply and transportation problems is a big spanner in the works as well.

Hopefully a little more detail will be forthcoming - you only put the minimum required in official filings

[BearRickPunch]

Yup. Shareholders, especially longs, definitely getting kicked in the nuts these last few weeks.

[KMC-1]

Yeah the $8B in potential dilution was very unexpected, at least it was for me. I expected some, they actually stated they would be raising "some" cash - but I didn't expect it to be on that scale.
The good news is this is a company that has an outstanding product, a plant (in fact multiple now, with more on the boards) and financial backing. In the long run I think this will do very well for people, but I'm not sure staying in right now is the right thing to do. It's going to need to find a bottom for a while I think.

[uksausage]

s3 for $8Bn will do that to any stock

https://ir.lucidmotors.com/node/8031/html

Lucid Group, Inc. may from time to time offer and sell common stock, preferred stock, depositary shares representing preferred stock, debt securities, warrants, purchase contracts or units in one or more offerings of up to $8,000,000,000 in aggregate offering price. In addition, this prospectus relates to the issuance by us of up to 44,350,000 shares of the Company’s Class A common stock, par value $0.0001 per share (“common stock”), consisting of (a) 42,850,000 shares of common stock that are issuable upon exercise of the Private Placement Warrants (as defined below) and (b) 1,500,000 shares of common stock issuable upon exercise of the Working Capital Warrants (as defined below).
The prospectus also relates to the offer and resale from time to time by the selling securityholders named in this prospectus (the “Selling Securityholders”), or their permitted transferees, of (a) up to 1,189,450,445 shares of common stock, consisting of (i) 1,115,163,848 issued and outstanding shares of common stock, (ii) 29,936,597 shares of common stock subject to vesting and/or exercise of the assumed Legacy Lucid Awards (as defined below) and (iii) 44,350,000 shares of common stock issuable upon exercise of the Private Placement Warrants and the Working Capital Warrants, and (b) 44,350,000 warrants representing the Private Placement Warrants and the Working Capital Warrants.

[Nflgiants86]

And down we go again

[KMC-1]

Lucid Appoints Derrick Carty as Vice President of Platform Software Engineering

23 years at Apple?!?

Here we go - has Apple finally found their partner for the new iCar?!?!

https://www.prnewswire.com/news-releases/lucid-appoints-derrick-carty-as-vice-president-of-platform-software-engineering-301612317.html

BOOM!

[uksausage]

and buy second hand , although second hand EVs will be popular as the tax credits apply to them..

infrastructure bill includes billions to address grid situation and companies like PLUG can sell cities/subdivisions a standalone hydrogen powered electric substation to drive you dozen super chargers or guarantee you electric supply. Its up. to California to ease the permitting of these newer solutions.

[BearRickPunch]

Well not exactly. They are going to ban new sales of GPCs so in 2035, you'll only be able to purchase new EVs. You'll still be able to drive GPCs.

[Rags2Riches]

California to ban gas powered cars,


https://www.msn.com/en-us/news/world/california-to-ban-the-sale-of-new-gasoline-cars/ar-AA113b2c?ocid=msedgdhp&pc=U531&cvid=c5b94b1b14597389a8e5f81f8e2f5885

[LoveThemStocks]

LUCID will benefit from California going all electric by 2035. My problem is will California be hurt by going all electric because of their electric grid problems??? Time will tell but right now even the national grid isn't safe from everyone going all electric. Heck, the batteries in these electric cars aren't safe until we bring out solid state batteries that are safer to use.

[KMC-1]

The comment section under that video is hilarious...lol... "looks incredible! They're going to sell dozens of these!".

Couldn't say it better myself lol.

[BearRickPunch]

Crazy right? LOL.

[The_Pro]

IF YOU THOUGHT THE 1100HP DREAM AIR EDITION WAS BOSS

get a load of this:

https://www.theverge.com/2022/8/19/23312956/lucid-air-sapphire-edition-speed-ev-specs-monterey

[BearRickPunch]

I know this hurts right now, but all EV stocks are down today. Think about this 2-3 years from now. It's a life changer in my opinion.

[dshade]

Lucid Air Dethrones Tesla Model S as New EV 1000 King of the Ring https://www.caranddriver.com/news/a40931896/lucid-air-beats-tesla-ev-1000/

[BearRickPunch]

Nice rebound after not getting the best news in the quarterly. I think some got in at a great price today and Friday.

[KMC-1]

That happens and I'm retiring early so I can go enjoy spending my money lol

[KMC-1]

Sell the rumor, buy the news!

[Windbag1014]

Bought a little more. They get their ops and logistics fixed and they should be successful. Lots of irons in the fire if you ask me.

[SubPennyBoater]

F me. Not paying attention. I said to myself sell today at 20.2 and I held. Glad I have a 15.7 avg but I think this will dip hard