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Lucid discussion

Posted on 10/29/21 at 5:25 am
Posted by SM1010
Member since Oct 2020
761 posts
Posted on 10/29/21 at 5:25 am
Would love to hear everyone's thoughts on Lucid. They start delivering cars this weekend and the stock is up big in anticipation.

I personally think they can be a big player in the EV market. They have the best battery tech in the biz and the CEO Rawlinson really knows the EV market, coming from Tesla. Love the way the Air looks myself.

They branding themselves as a tech company, not car company.

5+ year hold for me.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14488 posts
Posted on 10/29/21 at 7:08 am to
I bought at 27 about 3 weeks ago and it tanked to like 22 . i got cold feet and sold for a loss . Now all i can do is watch it go back up for the next 30 days because if buy lose my wash sale I know rookie mistake . Plan on getting back in though. Looks like a great long term hold and very nice cars .i said all those things to myself as it dropped and still sold
This post was edited on 10/29/21 at 7:27 am
Posted by Erico
BR
Member since Jan 2009
47 posts
Posted on 10/29/21 at 9:16 am to
I've been holding close to 1000 shares since the CCIV days. Long hold for me as well. Hoping its a triple digit stock sometime next year
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6717 posts
Posted on 10/29/21 at 11:56 am to
Had 15ish shares for an average of $20…sold my initial investment and forgot I had 4 left over…might as well let it ride forever
Posted by jfw3535
South of Bunkie
Member since Mar 2008
4681 posts
Posted on 10/29/21 at 1:11 pm to
quote:


I've been holding close to 1000 shares since the CCIV days. Long hold for me as well. Hoping its a triple digit stock sometime next year

Same here. I bought CCIV in early 2021 in anticipation of the merger with Lucid Motors. Been holding it this whole time b/c I've been convinced this will be the next Tesla.
Posted by Boomer Rick
Member since Apr 2021
141 posts
Posted on 10/29/21 at 2:00 pm to
Tesla is certainly the leader and may always be, but Lucid has some people who learned from the operational issues of Tesla and eventually, might have better products. First in time has an advantage, but second in time does too.

For those of you who smoke and grill meat, Tesla is Big Green Egg…it’s what people think of when a Kamodo Grill is mentioned and is the definite leader, but many know that the Kamodo Joe is probably the better product. There is a place for both.
Posted by MrJimBeam
Member since Apr 2009
12368 posts
Posted on 10/29/21 at 4:26 pm to
I’m balls deep in this stock. I really think it’s got a chance to be a blue blood.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 10/29/21 at 4:33 pm to
I bought nio at 34. I expect that to double. They are essentially hosting the Olympics
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 10/29/21 at 6:32 pm to
I sold at 25
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