Lucid $LCID is up 14% thanks to a short squeeze. Short Interest was 28% last time I checked with over 200 million shares sold short.
This is why the Saudi PIF kept buying the dip. They understood how interest rate cycles affect buyer demand.
With their massive 60%+ stake, Lucid
Bought more Lucid $LCID after Q3 earnings.
Haters need to "zoom" out and see the big picture. Deliveries are increasing YoY at a wonderful rate.
2023 guidance: 8 to 8.5k
2022 deliveries: 4,369
2021 deliveries: 125
Fantastic job by the Lucid team. Good things take time!
FOR ANYONE WHO'S NOT SEEN THIS $BTC
Here's Michael Saylor $MSTR discussing what to look for if you're investing in $BTC Bitcoin Miners:
$CLSK $MARA $HUT $CIFR $RIOT
Lucid $LCID Bankruptcy Probability Update:
I've increased the probability of bankruptcy from 10% to 15% as of Q3 2023.
Lucid has lost $2.1 billion so far in 2023 with ~$5.4 billion in cash on hand.
I'm still buying the dip.
I lowered my 2023 Lucid $LCID stock price prediction from $10 to $6.
November 2023 CPI data are scheduled to be released on December 12, 2023, at 8:30 A.M. EST
If inflation has cooled then LCID shares could soar!
@scottmelker
Nothing. I'm tired of chasing Bitcoin on the short run. Instead I will keep buying and waiting.
Too much stress trying to guess the price.
@LeaderInvests
$MARA bought more mining farms and expanded their hash rate by 50%. They are getting stronger and mining more every day. It's hard to see another BTC miner keep up with their growth.
@BritishHodl
We have never seen anyhong like this in crypto before. The entire crypto market cap is under $2 trillion, which is around the same market cap as Alphabet $GOOG.
We could be underestimating how high
#Bitcoin
can soar during this bull cycle.
It's hard to buy Lucid $LCID under $5 without being scared of the unknown, further losses, bankruptcy.
BUT Elon Musk talked about how close Tesla $TSLA was to bankruptcy so it's not uncharted territory.
IF Lucid survives this interest rate cycle then patience will be rewarded.
@rajatsonifnance
AirBNB and Wall Street made Homes unaffordable for the average American. I'm living in SE Asia while stacking
#Bitcoin
until I can afford a home.
It takes 18 years for a child to become an adult but all you high time preference investors want Lucid $LCID to make you a millionaire in 18 days.
You get rich by buying early when no one else understands your investment.
I will continue to buy LCID and ignore the haters.
@theBTCMiningGuy
It's crazy that $MARA is the largest company in the sector with a $6 billion market cap.
Blackrock already owns a massive stake in this sector but the rest of Wall Street is asleep.
We are so early.
$LCID insider trading on NASDAQ shows a whopping 268,170,936 shares bought and only 2,525,617 shares sold over the last 12mo. That is another level of leadership confidence.
Lucid $LCID shorts haven't covered all of their shares. I'm buying the dip here. Today's dip is nothing more than profit-taking after Wednesday and Thursday's runup.
$GNUS Bought more shares after the recent selloff. Shorts caused this stock to crash from $11 to $1. Lots of people lost money due to their disgusting market manipulation. Genius Brands is a good company with great people. ...
Bought $DWAC at $70. It feels like a bit of a chase here but the volume is just too strong to ignore. Only 35 million shares are available. We could see $150+ by eod.
@Lewis85214688
@alexcutler247
$CCIV is a game changer. More than an EV company. Battery packs and storage energy systems. Sky is the limit. $TSLA finally has a worthy competitor.
Wow I just sold everything except Lucid Group $LCID.
I know Lucid $LCID is getting delighted from the NASDAQ 100 but I am selling covered calls on my position.
Crypto stocks
#MSTR
$MARA $COIN are going to cool off after a major runup.
I'm still holding
#Bitcoin
and
#Litecoin
.
In March, I tweeted about $CCIV stock being a great buy @ $30. Now it's trading around $20. The Lucid Air is the best EV I've ever seen. Demand is through the roof and Lucid Motors will change the electric car industry forever. My
#1
favorite stock to buy this week.
Who is excited for Monday's news announcement for
@GNUSBrands
? $GNUS longs have been very patient. Let's see some blockbuster news and strong earnings next week!
If you bought $TSLA at $30 presplit you would have become a millionaire if you bought even shares. Now $CCIV is at $30 and people are worried. Great companies don't stay under $100 for long.
@olvelez007
When I sell
#Bitcoin
I'm always forced to buy back at a higher price. I'm done chasing fiat prices and will downsize my lifestyle to avoid panic selling.
@HartlebLogan
@CJ_Johnson17th
Robinhood forced traders to sell their positions for massive losses. They have the worst customer service and no beneficiary.
Chargepoint $CHPT sold 41,371,158 shares at $4.23 in its latest $175 million share offering. Led by institutional investor Antara Capital. Management says it doesn't need any more dilutive sales until 2025. Now is a good time to buy the dip.
@SteveOnSpeed
I tell my parents the same thing but they don't listen.
You sleep better at night with a paid off mortgage. Extra cash flow is icing on the cake.