LCID

AyumiHikaru

Uber bagholding 10% LCID for its AV is all you need to know. LOL

TiredTired99

I've been looking at GRPN for the past few days. It was triggered by success with CAR. After I bought and sold puts @ $500 on CAR when it was in the $600s, I decided to look into other short squeeze prospects (ones that aren't completely devoid of value, at least). For example, I was also looking at LCID but that has a bunch of red flags. Have you investigated how quickly GRPN could sell any of its authorized shares? They have 40M shares outstanding, but are authorized for up to 100M. I've been trying to figure out the process and timeline for them to actually sell any of those shares. They aren't a WKSI, so I think that might slow them down (but I have to do more research as a non-expert). If the true short interest is really closer to 72% (assuming an actual float of 19M shares instead of 24m), then the potential for a short squeeze here feels the strongest among any stocks I've looked at (after CAR, of course). I'm curious to learn what other DD you've done.

AyumiHikaru

Uber partnering with LCID for AV and bagholding 10% of LCID is all you need to know. LOL

Pitiful_Bedroom_6619

$LCID

Humorsuz

PIF is driving the LCID price lower for a buy-out

Rude_Assistance_4386

The Saudis Foreign whatever fund owns 65% of LCID shares, and UBER just bought 13%, so like 78% of the float is spoken for, and 35ish % is sold short. High institutional holdings + high SI = similar to CAR

coolopinionlmao

CAR was because two firms own the majority of shares, wtf does this have to do with LCID

Rude_Assistance_4386

Opened a small gamble on LCID today, 50 x 6/18 13C at .15 each. Probably retarded and going to zero but, I can't resist at all time lows, with the 75% institutional ownership + 35% short interest. Usually high SI wouldn't really interest me (I've seen how many tickers on the Short squeeze sub go to $0) but earnings next week and Uber randomly buying 13% of the company last week, maybe somethings cooking?  Like I said, probably going to $0 but, with CAR showing us squeezes are still possible, and a similar SI setup here I figure it's worth a dabble

Renowned1k90

I have 1300 LCID shares @ 8.31 average and 500 LCDL at .9207 and I wake up to red every fucking day. Luckily, all of my other stocks are up to balance out my current loss of about $3,290. I just pray for some sort of earnings salvation, but I highly doubt it'll help.

Sgt_Rickshaw

Ahhhh LCID…. Made a whole bunch off of CCIV (LCID’s SPAC). Was my first big win in the market…

stonksf

I remember telling people to dumb LCID at 60 per show now it's .6 lmfao

noipv4

LCID market cap $2B is at < 2x annual revenue $1.35B. If new CEO executes, there’s room to grow.

Viper-90

LCID, backed by saudi arabia.

ZarathustraGlobulus

$LCID in /r/pennystocks ? That means it's a no.

malakim_angel

i've held LCID a long time. I may as well carry these bags till they evaporate or whatever. AKA, since I'm not selling, it is like saying "I would buy the stock at $6 since I bought it at $31. I think their cars are neat and I want to promote competition in the EV space." Like you said, they need to learn financial discipline or they won't survive, they must be drunk on Saudi money. I'm holding my 110 shares forever, you can't have my shares unless you want to pay $420.69.

KTRyan30

I'm not touching LCID again until it goes over 10.

BadCearen

About to get some Lucid dreams. LCID looking tight.

Sharp-Direction-6894

How is LCID not delisted. My position of 100 shares is -93%.

SnooMarzipans9536

Do you really think there is the potential for that after last year? I’m thinking about how GameStop lead into AMC and trying to position to on possible candidates that could be targeted next once everyone realizes this one is done. Figure people get a taste and then want another, you know? I picked up 20-50 calls at the farthest strike possible for mid June on like 7 tickers right now. Figure risk like 3k and maybe one pays big. I got WEN, FKWS, GRPN, NMAX, HTZ, LCID and HOOD which is certainly not in the same ballpark as the other 6. BYND seems like a stretch though. But I guess if it’s cheap as hell why not pick up some of that too?

Thetatterer

Wow LCID - elevator ⬇️

TechHyper

$LCID has a massive call volume, 0 reason for it to be dropping. It makes no sense for 10K calls to be bought this week that ends by tomorrow in a stock dropping.

Snoo23417

Was there ever such a turd as LCID.

Pitiful_Bedroom_6619

ME( 🤡 ): Yes im a LCID bagholder, im ashamed of myself that i ever thought about buying this junk 2 years ago.

b_fellow

Damn does LCID still sell cars?

MojoDohDoh

Eh, to be completely fair they were extremely hyped up during that covid period where TSLA ramped up and all the random BS EV companies were getting crazy valuations, so their all time chart looks ridiculous (technically if you count their SPAC days they would have started around 10 bucks). They haven't done any RS (unlike, say, LCID) and honestly I like their plan moving forward between the new factory and the more competitively priced models on their lineup, as well as their deals with AMZN and volkswagen.

DoubleFamous5751

Did some regard make a post about LCID recently? It’s getting interesting

bigswordmeatlord

LCID short float is looking a lot like CAR rn

photosynthescythe

I’m gonna say something I thought id never say: I’m thinking about buying LCID

CEO-of-SOXL

Check out LCID

CEO-of-SOXL

LCID

Cautious_Lion_7722

Personally I think it’s unlikely although I do have some shares so would be great if it did. I definitely think there will be a reversal at some point but the other factors that contributed to cars run like airport travel disruption doesn’t really apply to LCID

Cautious_Lion_7722

Basically the same except CAR been going up everyday LCID down everyday

trsx5

Round tripped my $LCID gains, $2k to -$700. yaya lol

trsx5

Come on LCID wtf

Lil-brother2025

Who is all jumping in LCID? It’s garbage take your profits and run.

AlfrescoDog

I didn't say YOLO. I'm also playing LCID, considering the UBER news. Wrote about it just recently.

trsx5

Buying $LCID - Uber announced 11% stake for robotaxis ... UBER has such a large advantage in the ecosystem. No Brainer buy.

Humorsuz

Another 7% jump at the open for LCID

richymonk

Thanks for sharing. I‘m still trying to gain more knowledge about squeezes. How do you come to the 10 day prediction? Still struggling with that part. And would love to hear more about your playbook. What does it say for example about LCID?

Sharp-Direction-6894

Too many. LCID, BBAI, RR, OPEN, AI to name a few

RudeAd3321

I had the same feeling lost 80 percent on LCID, just forget about the stock start fresh. You learnt not to marry the stock.

GoZukkYourself

Pretty sure he's the CFO of LCID now.

mrscrewup

LCID gotta be the shittiest stock of all time.

Interesting_Car1306

MSTR, LCID, GSAT, and maybe a lil bit of VYX to spice things up 😜

Intrepid-Tap-6495

Its not long term stock. As we get closer and closer to the IPO in June, the media coverage and retail frenzy will only get crazier and crazier If we look at the past leading up to blockbuster IPOS, sympathy plays have gone absolutely crazy. $MARA and other BTC stocks went up over 1,000% in anticipation for the Coinbase IPO, $LCID and other EVs went up over 500% in anticipation for the Rivian IPO, etc. Sure, in the end they were all buy the rumor sell the news, but you play the RUN UP. As we're starting to see this week, Space stocks are beginning to move in the same way ahead of the SpaceX IPO in June. Some examples are $RKLB, $LUNR, UFO, etc.

Worried_Quarter469

TSLA and LCID getting rekt

GoZukkYourself

Pretty sure he is the CFO of LCID now.

Icy_Jelly_315

LCID is (tipped by me 2 days ago, you are welcome) so yes it's the 🍈 factor

LateNightTemptations

That’s LCID not LUCD

Icy_Jelly_315

Bolish 4 EVs, ironic if 🌮 legacy is electrifying usonia. However this resolves ppl now know about the Hormuz threat. Ignore 🍈 obviously but I would do a DD on LCID if I wasn't retarded

chaitanya1015

LCID

Luvewins

Lucid LCID. I bought at an average cost of about $35. It's about a $10. They implemented a 1 for 10 reverse stock split. So $10 for 10 shares . This brings it to $1 a share which I bought for $35 a share. 

AMCorBUST2021

I’m watching ENPH and LCID close.. waiting for the moment

creeia11

Bro hit the bid. At least the carry forward looses have some value. Unlike this sack of turds. Guessing you must have sold LCID already. ….

CEO-of-SOXL

Imagine thinking $rivn and $LCID were good investments when they are only for the 1% hahaha

JohnnyGoSka

It was hard for me to realize a 89% loss in LCID. I bag held since the spac days. But the reality is you'd need like a 2000% rally to break even. Its not gonna happen. Put that money to work elsewhere so you can start recovering your losses. In current macros. Sell all and buy recession proof stuff like WM GLD etc

EkbatDeSabat

ffs me too, buddy, me too. I dropped a chunk in LCID at $3.11 for fun (before split) and just been watching it go down down down. I know I should have sold it, but it's not life changing money and I like the car.

Talex1995

Is my retarded purchase of 22 shares of LCID back in 2021 finally paying off?

GuacinmyPaintbox

Maybe that LCID bag I've been holding forever may actually do something.

orangustang

The ethical and seemingly effective way to play this imo is to bet on EVs. High gas prices are another tax on being poor and I'm not rooting for it, but prolonged high/volatile gas prices and availability will drive those who can afford it to make the switch. TSLA is already overbought and has unique problems, and legacy auto's portfolio makes it hard to isolate a BEV advantage, so that leaves RIVN, LCID, and SEV. There are longer-shot and more obscure options that may also play out, but those are the ones I've identified. I've been holding RIVN for a few years and bought some SEV at 2.01 a couple days ago. It's going well so far but I think there's a lot of headroom left on both. I think LCID's path to profitability is too long to put money into it yet at its current valuation, but I'm keeping an eye on it.

xypherrz

LCID

xypherrz

LCID

xypherrz

LCID

theineffablebob

!banbet LCID 12 7d

theineffablebob

$LCID +20% after earnings 

MitchCurry

The gross profit and operating income for LCID, PSNY, and RIVN is something to behold.

felajan

https://preview.redd.it/vqg4j43tcnkg1.jpeg?width=1080&format=pjpg&auto=webp&s=82c63cd8a16d7587c0dcfa46730035230a41b701 LCID

Accomplished-Tap-122

LCID - Lost $200k when I sold it a few weeks back after years of buying on dips and reverse split. True exercise in calming myself thru an earthquake, hurricane, volcano and tsunami of simultaneous emotions

Ben-Chaude

What? LCID short squeeze? Who said that?

thehungrypenny

At the time, primarily LCID

Kaspadatghost

Lol gotta respect the 1/2 share of LCID. All other holdings 100s of $, and then one half share for 10 bucks.... da faq...

staunch_character

Yup. The hype cycle is not new. I remember when TSLA was unstoppable & people would buy ANYTHING in the EV sector. CCIV/LCID & RIVN were all huge. NIO & XPEV for the China market. But people were buying ridiculous companies like NKLA that never made a single vehicle. There was one that looked like little single person rocket ships. EV started fading in favor of quantum computing. Now AI. It’s hard to time the market, but these little hype bubbles can be a great play as long as you get out when the hype starts dying off.

MaleficentPlate9104

You weren’t here when LCID was CCIV 😤😤😤

thatavengersguy

LCID

CEO-of-SOXL

Do you own 0.5 shares of $LCID hahahaha why

Weak_Commercial_7124

AAPL, CVNA and LCID are barely holding this market together.

CumomEileen

WW and LCID if you really hate money

CumomEileen

Buying the dip on MSFT. Hopefully this will turn out better than the previous dips I have bought, namely ZM, WW, LCID and TLT

AMCorBUST2021

Deliveries and revenue both exponentially growing at RIVN/LCID. How will the market respond when Tesla profit goes to zero next year? I know where I put my money 💵

dvdmovie1

They aren't pivoting away from cars entirely, but the last new car was the Cybertruck in 2023 and before that was the Y in 2020. S/X might be a small % of their volume, but what are those lines being pivoted to? Not cars. When is another car announcement? Instead, priorities seem to be *gradually* diversifying. "Second, Rivian and Lucid are car companies." Yes, that's what I said above. If Tesla is gradually pivoting away from cars - even slightly - that's not encouraging to me for other car companies and the market seems to agree with RIVN -22% YTD and LCID -58% in the last year. Too many people still think the EV story is what it was during the EV bubble in 2020/21. The automobile industry has always been - with few exceptions - not a good industry to invest in. Hasn't changed with EVs.

goliilog

The short interest is increasing in the stocks RXRX, AI, JACK, MBLY, UAA, LCID, PLAY , etc. what's going on in this increased short interest? Any ideas?

zion-messenger

LCID 🚀, BAC Calls, ... and sell my POET calls to reduce loss

le_pedal

Shame on me for not realizing LCID would run up almost 20% today, how could I have not predicted that.

MaleficentPlate9104

You weren’t here when LCID was CCIV and it shows

edthechimp

LCID

balancedchaos

I'm not touching EVs until the sector rebounds a little. I had a CSP on LCID that made my toes curl a few weeks ago, and it made me realize I didn't like what I see in EVs now that the tax breaks have expired.   Two very different companies, of course, but I'm just saying generally.   

cumblaster1969

fuck LCID

-Birky-

Puts on LCID & RIVN into next week anyone? forewarning... not as exciting as regarded space stocks

Unfair_Struggle9529

How’s your LCID position doing brother? You 10x yet??

Kelindal

I bought LCID at $26 and didnt sell when it was high then eventually sold at $20 missing out on some thousands and losing money. So you know, take your gains.

Mouse-Background

Into LCID as well 😭

ima_badfriend

LCID going bankrupt or what chat

stetson68

Lost about $5K on RIVN and LCID. Bought back when EVs were being pushed as the future. A dumbass, I am.

Accomplished-Tap-122

What about LCID?

theineffablebob

NVDA self-driving AI Alpamayo probably bullish for LCID if it works well

ugarreddit

The main reason is if your covered calls get called and it’s not a retirement account, you have to pay taxes on your gains on the shares too, plus a reset of lot history if you want to buy back in. Share lending on an account can also help gauge short activity/velocity. Example: NEGG was around 1000% short interest for a few months (Aug-Oct), and eventually has cooled down. Shares never went out on loan anecdotally speaking. PACB was very heavily shorted and people got 30+% interest on shares leant. Right now: BYND is in double digits LCID is in double digits NFE is in triple digits All those went immediately on loan upon purchase settling, again anecdotally speaking, and are loaned out from what I heard from people, but these are also bad examples because they are highly speculative/risky.

Several_Following489

That’s wild! PLTR definitely had a rollercoaster ride. Fingers crossed LCID pulls through for you soon.

bigwinw

I bought 75 shares of PLTR at $25. Maybe not risky anymore but it dropped to about $7 before rocketing to $160+ recently. LCID may be worse and more risky but I do hope there is some upside soon.

Shdwrptr

Most of my money went into ASTS and RKLB. I invested into some other growth companies I thought were interesting that basically all failed (or at least lost almost all value). Some have somewhat recovered by now but I sold for a large loss to recover what I could at the time. From what I remember, they were MVST (EV batteries, LICY (EV battery recycling), ORGN (green plastics), LCID (EV Car maker). I ended up making small amount of money, or at least only losing small amounts in SOFI and STEM.

Creative-Grocery2581

LCID