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They should have a better shot at hitting lowered numbers but we'll see. Fat pocket Saudi friends can't hurt right?
First posted in December.
https://ir.lucidmotors.com/news-releases/news-release-details/lucid-announces-second-quarter-2022-financial-results-reports
They have reset expectations lower. They will have to fix the production flaws. They came out of the gate with lofty predictions and didn't come close to meeting them.
It was funded as a SPAC which have fallen out of favor in the market.
Recall.
https://www.engadget.com/lucid-issues-recall-for-2022-air-evs-with-faulty-wiring-harness-151907286.html
Execution has been below par for that kind of a price tag. Fix that and increased production and we could see a run up not unlike Tesla. Patience and a long time frame may help. Maybe they get back on track in 2023.
Bought back in today. Just a bit to help me keep track of the ticker. Hopefully they are back on track and can make some cars.
But don't you see that each point you give is straight from the talking heads? There have been times when we have been in a better place and times when we have been in worse. Seeing things differently is one thing. We are all guilty of finding the narrative that reinforces our view of things. The internet is the home of self fulfilling prophecies. If you're a hammer, all the world is a nail. There will always be bankruptcies. Labor, real estate, war, new technologies, new industries, and the fragility of the economy whether household or macro has always been cyclical. I can't find any current metrics that are extreme to the norm. Businesses, households and even countries get into financial trouble. They have, are and will. Not saying there isn't pain or trouble ahead but is there a time you are aware of that the fan hasn't been on high and the shit is just a shovel away? What baffles me most about conversations like this is what motivates folks to invest, one way or the other, if the end of the world is upon us? One constant I see is that the world is filling up. More humans equal more borrowing equals more bankruptcy and less tolerance for our neighbors. We have finite resources and a growing number of users of those resources. I can predict with a reasonable amount of certainty that there will be inflections in every aspect of the way we measure economies and the health of our and our neighbors pocket book. I can't even presume to predict a magnitude let alone a direction. Those who say they can are delusional or worse.
The narrative has been the same for as long as I have been alive. Imported cars will be the death of America. The Japanese are buying our country. Russia is evil. Russia is our friend. Russia is evil again. WW III is just around the corner. Are you old enough to remember fallout shelters? Were you taught how to read a Geiger counter in grade school? Do you have a bunker in your backyard? Was it built in the 60s or last year? We all want to believe that our experience is unique. We all want to believe that the guy next door is an idiot because he doesn't see things the way we do. This is an old affliction for humans but the internet has given it wings. Look at data going back in time. We are not special or unique. It is not different this time. It will get better or worse. You have some control over that. Whether you choose to be your own advocate or tuck your tail between your legs and run off to your neighbor to the north defines who you are and the community you live in.
There will always be talking heads and disaster on the horizon. Independent free thinking will overcome the Worm Tongues of the world. Nothing is inevitable.
Now that makes sense. Not many cities being run as poorly for as long as Chicago. You are aware that Chicago represents about 2.7% of the US population.
There is something fundamentally wrong with producing and publishing "due diligence" after you have shares. How unbiased would you be?
Theories? Where you been the last ten years?
Thanks Wid. I get to squealing sometimes and forget myself. I think you may be one of the people that has been here longer than I. My bias and maybe my anger comes from the years I held this bag. I'm sure there was someone there yelling at me to take of the shiny goggles and look at what is being bought. There is a pattern here. Not only in the ticker specifically but also in the persona behind it.
If there is a need to put "" around a word, there is little to no power in it. This ticker and this man's history with fulfillment is suspect at best.
I never lol but in this case, I will make an exception.
Contracts was the word that caught my eye in your post. What contracts?
extreme? I was going to go with bat-shit but I guess this is a public forum.
I would imagine he'll post it as many times as it takes. All depends on the density of the reader.
When did they hire the auditor? This ticker was dormant. Nothing going on. Nothing to audit. No money to pay for an audit except for the one timers to try and resuscitate the patient. HAS an auditor is different then HAD an auditor. What do you care though? The goose is about to lay the golden egg right?
Can you supply a current link to the website? The link at https://pennystocksniper-review.blogspot.com/ gave me the message below.
https://ssl.clickbank.net/order/restricted.html?errCode=accntstate&cbhopvendor=pssniper
Something tells me it will be a glowing review.
Are you holding/buying shares?
With that logic, we are way past ww III.
You probably don't care but I am up over 100% since this ill-timed prediction, even with the contango.
Help make the smoke go away? What special powers do you think he has?
So when it floods, all the president needs to do is stop the rain?
There should be a test before they give folks a keyboard.
Thank you Jugs.
Cheap for a reason?
So he acquired the rights to one of the most successful authors of our time and then made the business decision to give them away.
Unfortunately is the word that stands out most in your post.
Is living through it not enough DD?
What? Are you saying that MIKP sluffed off a potential blockbuster of a deal so they could snuggle up to HBO?
This board was full of that kind of speculation during the skin trade days. If he couldn't pull off literally anything during the peak of game of thrones with the rights to one of Martin's products, what in the world makes you think the blind squirrel is going to find a nut now?
Good morning Dad. Hope you are doing well. What do you think about the partnering with DM?
I bought a few lots in December and January and am up almost 90%. I have no skills at timing. Just thought the sell off was over done.
Don't be surprised when Mark answers
PRNT
It's all in the delivery.
If you live your life disparaging dead people and widows and poking folks when they are down, the world isn't going to make it easy on you.
NOUN
(in Hinduism and Buddhism) the sum of a person's actions in this and previous states of existence, viewed as deciding their fate in future existences
As long as we keep buying shit we can't afford, yes.
Again, where in the interview you posted did Yellen say inevitable?
Thanks. The point is it was not as reported on this thread. In fact, some might even call it a boldfaced lie.
In fact, I would hazard to guess that Janet has never said those words in public, ever.
For you folks out there that did not click on the interview link that the board drama queen provided, Yellen does not say anything about the inevitability of a financial collapse. The site itself seems to be a depository of every conspiracy theory ever.
There is the usual discussion surrounding the need for our elected officials to pay the bill for past spending. Just like all financial figureheads before her, she warns that defaulting on our debt would be "catastrophic". Lots of hypotheticals and doomsday scenarios, but nothing about inevitable.
This is a long-winded post to say that the post as it stands is either a sign of the poster's ignorance or a purposeful attempt to deceive. I hope you are a bit more honest with yourself than you are with this board.
But seriously, in what part of that video does Janet Yellen say what you have posted here as a quote.
STRAIGHT FROM YELLEN'S MOUTH: "A Financial Collapse Is Inevitable"!!!!!!!!
Can you please let me know at what point in the video provided where Yellen says "A financial Collapse is Inevitable"?