Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We’ll see. Was under $20 all day today with good news out of Saudi Arabia.
I like seeing they're looking at a 10 year horizon, this stock is going to change people's lives. I just keep adding as I can and using these low prices to average down. I'm excited to see these start to really go into full production.
The purchases will include vehicles built at Lucid’s existing factory in Arizona as well as a new factory it plans to build in Saudi Arabia, and will be a mix of Air sedans and upcoming new models.
$LCID up to 100,000 vehicle order from Saudi Government
https://www.cnbc.com/2022/04/26/lucid-to-deliver-up-to-100000-evs-to-saudi-arabia-government.html
$LCID Luxury EV maker Lucid scores order from Saudi government for up to 100,000 vehicles
https://www.cnbc.com/2022/04/26/lucid-to-deliver-up-to-100000-evs-to-saudi-arabia-government.html
That's very true.
They still need to be able to make them. Demand doesn't seem to be a problem. They won't get paid if they can't produce them.
Yeah, those guys should be covering shortly because this won't be heading down for too much longer, just my thought.
This very positive and encouraging news: Lucid Announces Deal for Purchase of Up to 100,000 Electric Vehicles https://ih.advfn.com/p.php?pid=nmona&article=87916342
The stock shouldn't be falling too much more with this on the horizon.
It seems like there may be more to this than we know, but it could be s market overreaction to the economic situation too. There’s a lot of sell off going on, maybe in preparation for the rate hike increases that are coming, but that’s just speculation. There could be more than we know behind the scenes at Lucid too, although I don’t expect that is the situation.
Yep. This is getting sad. Supply chain is gonna kill us. No idea how this will affect all EV’s.
What’s that Tom Petty song? “Free falling!”
Uh oh.
Why you should be investing some money in Lucid today. For the long term. It will be as big as Tesla eventually, but it will take quite a bit of time.
Or, they’re going to be very sad in a month.
Yah, whomever got LCID under $20 today is going to be really happy in a year.
and I'm not saying all this because we are on a shitty cheap forum board that is known to have 90% of the tickers on here as pump and dump scams, I'm saying this because Lucid will eventually rival Tesla as a company and the ticker should reflect that as well.
They’re hitting all EV stocks right now. Demand isn’t the issue…parts shortage is. Took some LCID today for the long term and prepared to buy some more if she dips below. Saw nice Lucid commercial on tv this morning.
There’ s lot going n behind the scenes that’s going to pop off, but you’re right, it won’t be for a while. The drop right now is retail investors moving around to shorter term plays, combined with the nonsense lawsuits. Soon there will be announcement about the new models being worked on, the second stage expansion of the factory and the sales growth for the existing models increasing as they’re hitting the market. As you mentioned, these are cheap shares right now.
Yeah. Nothing is going to catalyst this until next year. I just don't see this really doing anything and I think that is part of the reason it's falling right now. I hate to see it, but I really do have faith that by next year, things are going to look much different here for LCID. So many potential catalysts in the making. These prices for shares are cheap right now.
It's in a bit of a freefall at the moment. I'm averaging down as I can. WOOT!
Totally agree. It's basically just some lawyers trying to gin up some money hoping for out of court settlements.
It'll more than likely be settled out of court if anything becomes of it. It's literally not that big of a deal when you consider where this might be in 2 years. Especially if they can get a 2nd manufacturing plant up in Saudi Arabia and especially if they meet or go beyond delivered vehicles this next financial year.
I'd be surprised if the cases go anywhere substantial simply because the supply chain itself doesn't have accurate date and are giving incomplete or inaccurate lead times on quotes. Many companies aren't even quoting raw materials at the moment - they simply give you the "right now" price and you can buy or you can pass - but they won't give out a quote and they won't hold onto material because if you don't buy it someone else will, and if they quote it and you come back even 24 hours later to buy it - the quote is no longer accurate to their costs of supplying the product.
And, I think right now is a smart time to buy because they are still in the process of getting started. In 2 years this is going to be a very different company. But... fair warning... I have been (very) wrong on stock picks before!
a classic case of what did they know and when did they know it.
It's looking good for Lucid on this new Lucid Air Grand Touring Performance model. I see the stock price being very bullish.
I hope you have a great weekend. I love the car and the EV space. Just not sure when to jump back in.
Sorry about the miss in production. I believe this company has great fundamentals and their Lidar technology I honestly believe will surpass Tesla if not crush Tesla. Just my opinion. This was my last message for the day.
Agreed. It was the miss in production that had me selling.
Lawyers just look for someone or something to sue. They like following deep pockets. I just started investing in LUCID on the same day the news came out about this class action suit and I am not persuaded to sell based on some friggin lawsuit.
I think someone said it earlier. The problem is not lawsuits or demand. The problem is getting the stuff to supply the demand.
Yes that has been one of the biggest issues... how meny lawsuit have paid out . Not meny.
I think it is also about the SPAC structure. It seems to be attracting lawsuits.
Look this class action suit is some lawyer tried to make a lot of money off the backs of investors...
Every investor knows the risk. Shit happens and there's nothing you can do.
Rivian is going through the same class action. People lost money and they are butt hurt. I can’t see these lawyers actually winning these cases.
Lucid's first SUV, Gravity, will be here in 2024!
https://www.torquenews.com/16714/project-gravity-coming-out-2024-what-you-need-know
Lucid is building a factory in Saudi Arabia
https://www.electrive.com/2022/03/01/lucid-confirms-factory-plans-in-saudi-arabia/
Lucid will eventually overtake Tesla.
Class action won't work IMO. Supply chain issues and chip shortages were unforeseeable when those statements were made, and impossibility of performance is a fair and reasonable defense.
Advertising for class action is just trying to get business for lawyers. Don't even have lead plaintiff.
Pointless. .
There are multiple law firms filing class action suits against LCID
Is LCID being sued? I am not aware if this if so.
I am sure IF apple was going to choose LCID as the car maker they will wait for all these dead beat lawyers and lawsuits to finalize. I'm sure they wouldn't partner with any company who could be found guilty of manipulating their share price.
OMG, Someone lost money in Lucid because they think lucid know that were gona have supply chang issues. Look no-one know that it was gonna be this F up. I drive a semi owner operator for the port's we have not slowed down for the last 2 year's. But the shit from China has slowed to a crawl most of the battery components come from china. There's the problem....
This is obviously only speculation/hopeful thinking, but there was just a huge parcel purchased for 8.4 mil next to the Lucid factory. If Apple was to choose Lucid to make their car, it would sure be convenient to have the manufacturing facility next door to where all the technology and building process already exists. Like I said, hopeful thinking, but when I saw the parcel sold, it was the first thought that entered my peas sized brain. Good luck to all!
When will AAPL Cinch ICAR LCID. Remember this article in Jan 2022. We wait and that time is getting close. Must read. https://www.torquenews.com/16714/will-apple-and-lucid-team-create-apple-car
Followers
|
307
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
5685
|
Created
|
01/12/21
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |