Okay, after reading the posts I decided to do my DD this weekend. A little over 6 weeks ago LCID was trading in the $19s and then the RIVN ipo hype started and all of the EV stocks caught a bid. Once this happened the speculators and momentum people jumped in and drove Lcid to over $62 this past Wednesday. The RIVN hype has ended and clearly the momentum folks are leaving, as of this typing LCID is down around $10 since last Wednesday. To make matters worse the overall market is rolling over a bit...so in closing Good Luck All and have a Great Turkey Day! $Rivian Automotive, Inc.(RIVN)$$Lucid Group Inc(LCID)$
Next year LCID will deliver 20,000 cars. Let’s average $85,000/car = 1.7 billions. Stock price will jump to at least $60. I’m holding for 5 years. Learned from Tesla, sold too soon. $Lucid Group Inc(LCID)$
$Sea Ltd(SE)$ The 200 Day Moving Average has held up pretty well in the past whereby buyers stepped in and bought the price up. Will we see that again?
If AMD is catching up to add a suite of stable and usable software stack with features like Nvidia provides, then nothing is stopping AMD price to reach 250 or higher upto 300 in 2022. It will be very difficult but not an impossible task. With the software offering, AMD is about 5 or even decade behind Nvidia. $AMD(AMD)$$NVIDIA Corp(NVDA)$
Are you guys not concerned that the 50m float here is great, but once those 50m get dropped into the pool with the 3.xx BILLION shares as GRAB, that someone won't need to buy a stock from you - they just buy one sitting in the pool? That's how stocks are supposed to raise price - through exchanging between people. T he supply is now diluted, so there will be less demand. I'm in AGC $Altimeter Growth Corp.(AGC)$ as well, just scared to hold after the merger.
Why don't OCGN bashers including motley fool some authors just stay on board of companies they like instead of dumping daily negative agenda like eye sore for us? $Histogenics Corporation(OCGN)$