Lucid Q4 & Full Year 2021 Financials + New Factory in Saudi Arabia
#91
It's been up 10% since last Thursday when it hit 6 month low. Yeah the market is very volatile. I pretty much day trade for a while. I keep track how much a stock usually gains/loses daily and get in/out/buy/sell/short when needed. Most of the time it works, other times it doesn't If it doesn't, I'll just wait.
#92
Lexus Champion
Didn't he talk about making Model 2 or something? In any case, IMO Model 3 is pretty cheap if you factor in all the things.
It's been up 10% since last Thursday when it hit 6 month low. Yeah the market is very volatile. I pretty much day trade for a while. I keep track how much a stock usually gains/loses daily and get in/out/buy/sell/short when needed. Most of the time it works, other times it doesn't If it doesn't, I'll just wait.
It's been up 10% since last Thursday when it hit 6 month low. Yeah the market is very volatile. I pretty much day trade for a while. I keep track how much a stock usually gains/loses daily and get in/out/buy/sell/short when needed. Most of the time it works, other times it doesn't If it doesn't, I'll just wait.
#93
The Model 3 is what I’m talking about. All the preorders are fully refundable…that’s not the point. They’ve made promises to people they never intended to honor. They got free use of a TON of money interest free. Brilliant. People will line up to give them that interest free loan too.
Cutting the base model fell into their lap with the Model S since it was obvious early on that the take rate on bigger battery models would sustain their small initial production rate for years. They did honor the preorders for the base Model S that never was though, I know someone with one that is software limited to base range.
They intended to lead with the cheaper version on the Model 3, but I have no doubt they had a similar strategy in mind from the start if the wheels came off so to speak.
#94
Lexus Test Driver
Didn't he talk about making Model 2 or something? In any case, IMO Model 3 is pretty cheap if you factor in all the things.
It's been up 10% since last Thursday when it hit 6 month low. Yeah the market is very volatile. I pretty much day trade for a while. I keep track how much a stock usually gains/loses daily and get in/out/buy/sell/short when needed. Most of the time it works, other times it doesn't If it doesn't, I'll just wait.
It's been up 10% since last Thursday when it hit 6 month low. Yeah the market is very volatile. I pretty much day trade for a while. I keep track how much a stock usually gains/loses daily and get in/out/buy/sell/short when needed. Most of the time it works, other times it doesn't If it doesn't, I'll just wait.
Also, they currently have 2 products which they took reservations for but haven't delivered which is the infamous Roadster, Cybertruck, and now the defunct Plaid plus. Plaid plus never materialized because they got upped the performance of the Plaid and it actually was similar to the original performance claim of the Plaid plus...also, Plaid plus was supposed to use the 4680 cells but those are so limited, they probably abandoned that idea. From a product delivery standpoint, they've kept their other promises but were always a bit late (except for Model Y).
The one thing they did promise but never delivered is FSD. That promise will never be kept.
#95
Lexus Champion
Thread Starter
Usual disclaimer this is not financial advice. But people, if you are going to day trade use money you can afford to lose. Dump whatever amount into your trading account and consider it casino cash could be gone at any time.
So let's predict Lucid's production numbers for 2022. I'll say 1200.
#96
Pole Position
Again, a reminder that TSLA was in the doldrums for years before it went into overdrive. LCID, RIVN and their ilk won't deliver TSLA-like growth, but they are more likely than not - IMO of course - to break out and pop once the current madness settles down.
The smartest money of all held simply bought and held TSLA.
The smartest money of all held simply bought and held TSLA.
#97
Speaks French in Russian
If ppl holding lcid or rivn expecting Tesla like gains, you already lost in my opinion. I personally can't see that happening. I have my target on my shares in 5 years or more and I'm gone on 85 percent of my holdings if it ever gets there. Keep the rest in play for runners.
#98
Lexus Fanatic
iTrader: (20)
ok folks, this thread is NOT about tesla. the stock discussions have nothing to do with cars but if they're confined to LCID that's ok (since that's about the only news there is out of this struggling company).
#99
Lexus Champion
Thread Starter
It's true though. Well Lucid did have a recall recently which required the car to be taken to Lucid. Haven't made it as an auto company until you've had a recall that requires a dealer visit.
#101
Lexus Champion
#102
Lexus Test Driver
#105
Lexus Champion
Thread Starter
Could be much worse. Lucid will probably go near $30 again in the next few weeks or sooner so you can get out with a mild profit.