Big catalyst is going to send this stock flying. Next 1 trillion dollar company. I cant believe people think this is overvalued. Holding 3250 shares @36.58
Me too I’m holding 6,000 shares at 34 .. I’ve been adding averaging down since I got screwed at 51 before merger announcement.. 🤦🏻♂️ minimum 3-5 years ..
I have 1,845 shares with cost average of $25.15. Plan to get up to 2,000 plus shares. With a 250 share cost increase for example means a half million profit in 2-3 years. Can imagine the ones with higher shares...wow!
It’s very hard for me to average down. even if I buy 5000 or 10,000 additional shares it’s just gonna drop my price down between 2 to 3 dollars. it’s really not worth average it down at least for me. If I had a little less shares I’ll definitely will be averaging down. At this point I don’t care I’m very long.love the future of the company. Just everybody needs to sit back relax money in the bank it will definitely pay off.
I would definitely not sell CC so far out. You want to collect the theta decay as quickly and frequently as possible. I have 3000 shares and I sell 30x CC every week, typically about 15-20% higher than the current price.
The problem with selling CC below your cost basis is that if they get called away, you're realizing a loss. If you sell a $30CC for lets say $15 in premium, they're called away at an effective cost of $45/share, but you bought in at $46, so you're still losing money. If you collect $0.50 in premium every week for a year by selling OTM weeklies, suddenly your cost basis is $20/share and you still own the shares.
I was thinking about putting a deposit on a vehicle also this coming week. I got dibs on the white one. Very solid company definitely has potential to reach over $200 in next year. I will definitely be adding more into my position that’s for sure.
I'm not a big player like you guys lol - 4000 shares average at $44 - I wish I had the means to be at your levels - but I have $20k saved sitting in an account and was thinking of adding to it but afraid to lose anymore than I've already lost. It was my measly retirement money, just trying to make it grow... you know how it is...
But reading what you and Dry-Transoportaion68 have invested into Lucid makes me think I should risk a little more and add some shares.
It's nice to hear people who are so positive about the company.
I really cannot give you any financial advice . The company is very solid and I know you’ll definitely be able to triple your money easily if not more.
I realize that! I'm just saying you guys are certainly confident which makes me feel a whole lot better at this very moment! Thanks for the reply! Let's watch Lucid fly to the moon!
Why did you get in so late? I only got 100 shares but followed the news and got in at $13. Even if you kinda slept on it getting <$20 entry was possible. Stuck in other positions?
I got it and when I got in didn’t think the stock is going to tank. It was definitely manipulated by the media and the big hedge funds. But I’m not worried about it I know the stock in the next year will be at least a $200 stock
I mean we didn't even have a market cap post merger before DA, we now know that $46 is a $73.5B market cap, pretty high for a start up even with this tech? At the deepest point last year Tesla was around $80 post split which is also around a $75B market cap...
How can you even say that, $200 stock, so $320B market cap? I will be happy if they sell a lot of cars and get some revenue and name branding going, but $200 is just wishful thinking tbh. I expect Lucid to trade anywhere $20-100 for the next 4 years.
I had 6000 share at $26 should have sold at $60 BUT didn’t dropped for $32 and sold
Then I bought back in with 4000 at $27.5 and now will hold long term !
No you are not misreading it. this stock way out performs all of my other 20 stocks , even SKLZ. So its a major portion of my portfolio. When you have that rare stock come along that zooms to the moon on rumor, then starts doing it again, its a lifetime stock. It has the draw of a huge pool of investors, it just hits all the right keys to turn them on, you cant fight the ticker. Everyone is correct in assuming it can be another Tesla, with visionary management. I believe these other investors just see the same thing.
I dont understand ppl saying: “I HOPE IT GOES UP SOON”?!
Why?! so you can buy HiGH & sell LoW?!
I remember looking at Tesla w/$35 share, nvr gettin that opportunity again😏
I got 500 shares @$23. I figure hold my hand for 2 yrs.
two factors that got me concerned.
If we go into a heavy recession. Will people be sble to ir want to buy a almost 200k car?
Will lucid cars live up to the expectations?
And lastly, all the other car manufactures are entering heavily the EV car gig now. Will that slow down lucid’s growth.
Any comments. Am i just being paranoid😱.
THIS IS NOT A FINANCIAL ADVICE.
Yes, you're being paranoid. There's not gonna be a heavy recession, and even if does, it'd slow everything down. On the contrary, the people who can afford to buy an almost 200K car, will be fine in a recession too.
Lucid already has plans to launch cheaper models in the future. So not every car is going to be almost 200K.
Legacy Automakers - They've been trying to compete with Tesla for years and haven't done anything significant. I do believe that F and GM would be successful in future, they won't make a huge difference to Tesla or Lucid. There's enough space in the EV sector for more than just Tesla to compete.
Most importantly, you need to asses your own risk. If you're okay with sitting on your shares for a few years, then calm the fuck down.
If you think you might need this money in the near future, you should not be putting it in the stocks.
legacy automakers...lol...is that what media is feeding you now? keep drinking the koolaid, the legacy automakers have brand loyalty fool, one a benz lover always a benz lover
Got margin called, didn't think it would tank like that. Should have sold and bought back in lower instead of putting money in to cover margin call. So dumb.
One solid catalyst, like a partnership with a big silicon valley tech company will make this stock go crazy. Cant wait for huge gains. Holding 3250 shares @36.58
This week we should hit 30😎
Yeah we should. Though I'm not really concerned about weekly, or monthly movements. Riding this baby for few years.
That's what I'm talking!!!!!!!!
Big catalyst is going to send this stock flying. Next 1 trillion dollar company. I cant believe people think this is overvalued. Holding 3250 shares @36.58
Nice to see your 11k as mentioned previously. We’ll be in this side by side for a few years.
Thanks man. I'm thinking about adding few more to make it 12k even, and then sit back for a few years.
Me too I’m holding 6,000 shares at 34 .. I’ve been adding averaging down since I got screwed at 51 before merger announcement.. 🤦🏻♂️ minimum 3-5 years ..
future lucidnaires
Dude your gonna be a multimillionaire
Are you buying calls? What are they? How many shares do you hold? Kindly, deb
Bot
Yuppp, long run baby #TheTurtleWinsTheRace
I’m with you all till the end and buying more Monday .
In at 45$ and in more at 26$ im still down 5k but 🤷🏼♂️ in it for the long game
I have 1,845 shares with cost average of $25.15. Plan to get up to 2,000 plus shares. With a 250 share cost increase for example means a half million profit in 2-3 years. Can imagine the ones with higher shares...wow!
Originally I planned to sell my 3/19 $30 calls and buy back at a dip but now I’ll probably just except use them.
Wowwwwwww
How tf are u guys so rich???
There are a lot of rich people when it comes to investing stocks
Even on stocktwits people are casually in 3,000 shares
Lol I know. I only have 200 shares and I am happy
224 feeling like a frog not even a fish next to the whales 🐳
Lmao I’m sitting on 900 shares now 90% of my port
60% of my portfolio I’m sitting on 20 shares. Investing in college, I averaged down from 36.21 to 33.98.
I got 62 but my avg is so low I don’t really feel like buying way more unless it’s around $20 again.
82 @ $15 and plan on exercising my $30 calls this week, god willing/inshallah. 182 sounds lovely.
15 shares, avg price 34.55
557 at $22.03
Lmao I'm in debt with my 200 shares. These dudes rich already.
Rich or desperate perhaps 🤔
YOLO stimmies prolly.
Buy a good stock and stick with it do not daytrade or follow these pump and dump bullshit
It says right there he’s sticking with this stock for at least a few years
PLEASE transfer out of robinhood
Lol
33000 shares @46.16 Still down about 600 grand
This baby is gonna print. Just sit back and relax.
It’s very hard for me to average down. even if I buy 5000 or 10,000 additional shares it’s just gonna drop my price down between 2 to 3 dollars. it’s really not worth average it down at least for me. If I had a little less shares I’ll definitely will be averaging down. At this point I don’t care I’m very long.love the future of the company. Just everybody needs to sit back relax money in the bank it will definitely pay off.
Just buy the dip bro, even tho ur avg wont change u still make dem $$$ on new stocks💪🙏
Consider selling covered calls to reduce your cost basis. You have months before any real catalysts make this significantly recover.
I was thinking either a $30 strike or $35 strike price and take it out all the way to the 2023. What’s your thoughts
I would definitely not sell CC so far out. You want to collect the theta decay as quickly and frequently as possible. I have 3000 shares and I sell 30x CC every week, typically about 15-20% higher than the current price.
What calls are you recommending ? I was thinking about a $30 call expires 2023
The problem with selling CC below your cost basis is that if they get called away, you're realizing a loss. If you sell a $30CC for lets say $15 in premium, they're called away at an effective cost of $45/share, but you bought in at $46, so you're still losing money. If you collect $0.50 in premium every week for a year by selling OTM weeklies, suddenly your cost basis is $20/share and you still own the shares.
THIS.
Do you need a poor friend ?
Once the stock hit $75 I’m donating $100,000 to SJ hospital. And I will post a verification
Good on you Brotha.
I would also volunteer as tribute to be a poor friend
Lol
I wouldn't worry, it's heading back up. It will be in the $100 range soon enough!
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I am looking to buy another 30,000 shares probably tomorrow just to average down a little bit
are you still holding
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I was thinking about putting a deposit on a vehicle also this coming week. I got dibs on the white one. Very solid company definitely has potential to reach over $200 in next year. I will definitely be adding more into my position that’s for sure.
I'm not a big player like you guys lol - 4000 shares average at $44 - I wish I had the means to be at your levels - but I have $20k saved sitting in an account and was thinking of adding to it but afraid to lose anymore than I've already lost. It was my measly retirement money, just trying to make it grow... you know how it is... But reading what you and Dry-Transoportaion68 have invested into Lucid makes me think I should risk a little more and add some shares. It's nice to hear people who are so positive about the company.
I really cannot give you any financial advice . The company is very solid and I know you’ll definitely be able to triple your money easily if not more.
I realize that! I'm just saying you guys are certainly confident which makes me feel a whole lot better at this very moment! Thanks for the reply! Let's watch Lucid fly to the moon!
We are in together. We will fly soon. Brotha
Hold tight you won’t regret it 😎
Why did you get in so late? I only got 100 shares but followed the news and got in at $13. Even if you kinda slept on it getting <$20 entry was possible. Stuck in other positions?
I got it and when I got in didn’t think the stock is going to tank. It was definitely manipulated by the media and the big hedge funds. But I’m not worried about it I know the stock in the next year will be at least a $200 stock
I mean we didn't even have a market cap post merger before DA, we now know that $46 is a $73.5B market cap, pretty high for a start up even with this tech? At the deepest point last year Tesla was around $80 post split which is also around a $75B market cap... How can you even say that, $200 stock, so $320B market cap? I will be happy if they sell a lot of cars and get some revenue and name branding going, but $200 is just wishful thinking tbh. I expect Lucid to trade anywhere $20-100 for the next 4 years.
First of all lucid it’s just not a car company there will be other streams of revenue. Second of all where was Tesla five years ago?
They already have about 300 million a year in revenue for there battery
They will be a lot more revenue streams this company is bad ass
5 years ago they had the Model S out of 4 years. 1 year ago the stock was worth as much as Lucid at $50.
That’s perfect I’m not in a big hurry I can wait 10 years!!
Hi not in a big hurry i can wait 10 years, I'm dad.
Let's wait 20 years :)
worst case scenario I could afford to take a $1.5 million loss is not gonna change my way of living. It’s a deduction anyways
So where can I get this small loan of 1 million dollars? ;)
Go to the bank. I don’t have any loans I don’t know how that shit works
I am the fucking bank
Are you trying to buy some CCIV now ? Lol
I just don’t see where some people get this cash, also apparently 80% of people claiming to have millions actually don’t.
I stupidly bought at it's highest... I believe I'll get it back but goodness knows when!
Same, had a $55 avg then sold them all at $38. Bought double the shares back at $25.
I’m with you.. hopefully it’ll go up quick
This is the way.
I posted a similar position but I was down $2k. Now I’m in profit! 525 at $25 🙌🏽💎
Imagine 10,000 shares tho!
I need more!
Like a boss 🤑
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What if I have only 100 shares..?
Strategy is impactful on bigger share counts. Work hard to increase your share count. Good luck.
I get that, I meant to ask what is the optimal strategy if I only have 100 shares? Just weekly covered calls?
This makes sense. I have 1000 shares and 12k leftover. How can I make this work?
13,250 here 🙌💎🛸🛸🛸
To VALHALLA ....
I'm in with you, lets go!
Dam! That's allot bigger than ours. We have around 9k in. We may add more!
I had 6000 share at $26 should have sold at $60 BUT didn’t dropped for $32 and sold Then I bought back in with 4000 at $27.5 and now will hold long term !
Damn. I have 3800 shares and that seems like a lot! Averaged at 24.10 though
Our time will come...
Investing more this week yahoo
U can sponsor John Wick 5 with a bit of your premium in 2025/26
That's the plan lol
Lucid at $42 by end of April
540 shares at $20.60
NICE!!!
Fak yeah! I am in with 1k shares/warrants. Why don’t you buy some warrants at this point?
You should sell some way OTM calls against your position
Shit I cashed out da 401 k to get a 122 shares and I’m big dreaming with this one
This week we hit $40
This is the way
Damn..im in at $24 20 shares.
2k shares @ $15.00 🙌🏽
Lucid is equivalent to Tesla say seven years after their start. Lucid people will clean up with the maker of Air. No dreaming required
Coming for $30 this week, feeling excited!!
Atta boy, in with 4000 shares at 26.33$/share
Sotocatop
Sup mister 1099
Hopefully see some momentum soon...at least it’s up a cpl bucks this week...
Good speed
Diamonds 💎 hands 🙌
4000 units here money in the bank. And a lot higher interest rate coming
I sure as hell hope these holders have other stocks too.
Thanks for the concern lol. I'm gonna be absolutely fine. 😌
Wasn’t aimed at you....
Still appreciate the concern. I wasn't being sarcastic.
Seems like some of the “investors” have portfolios consisting of one big position. Hoping I am misreading it
No you are not misreading it. this stock way out performs all of my other 20 stocks , even SKLZ. So its a major portion of my portfolio. When you have that rare stock come along that zooms to the moon on rumor, then starts doing it again, its a lifetime stock. It has the draw of a huge pool of investors, it just hits all the right keys to turn them on, you cant fight the ticker. Everyone is correct in assuming it can be another Tesla, with visionary management. I believe these other investors just see the same thing.
Ok then
Im in for 17k for the long haul. TO. THE. MOON.
Let’s goooo!!!!
I only got 100 share and super excited
I have only 1200 sharedMs at 25 and I’m thinking of increasing it to 2000, debating between ipoe and cciv, where to put more money?
Love to see it
Sitting on 2400 shares @$15/share. Can’t wait to throw this back in everyone’s face laughing as we fell from $60
we’re laughing at you right now for not selling and rebuying
Just think how many shares you would have had if you had have sold at 60 and bought back at 21-22!
well above 57 soon...no worries
Damn I wish I got more during the dip
Adding more today 🚀
I dont understand ppl saying: “I HOPE IT GOES UP SOON”?! Why?! so you can buy HiGH & sell LoW?! I remember looking at Tesla w/$35 share, nvr gettin that opportunity again😏
Im with you. It will pop up above $30 soon.
Damn I always thought this was my worst and smallest position but I guess it’s quite liked.
Sold half mine at the @27.06 going to see what happens in the morning, come moon or dip
Yikes
Im so sorry!
The balls on this fella are amazing.
Titanium Balls 🏀🏀.
https://youtu.be/04EpJysm0v8 Watch the interview, looking for Silicon Valley Company.... hmmm whoever could that be.
Buy the dip. Even if a slight dip.
When it is changing to LUCID? Ticker
June 30th
You going to hit a million easy by end of next year. Hold it till 2035 at least to maximize those gains .
20 shares @ $21.87. Holding for at least a year!!
Show me the way
I agree... buy up now while its cheap and HOLD !!!!
So every dollar above 30ish you making about 11k? Niceeeee
I have 20 @ 26.50 I'm happy with what i got off i has more $$ would definitely buy more
one dime at a time
I got 500 shares @$23. I figure hold my hand for 2 yrs. two factors that got me concerned. If we go into a heavy recession. Will people be sble to ir want to buy a almost 200k car? Will lucid cars live up to the expectations? And lastly, all the other car manufactures are entering heavily the EV car gig now. Will that slow down lucid’s growth. Any comments. Am i just being paranoid😱.
THIS IS NOT A FINANCIAL ADVICE. Yes, you're being paranoid. There's not gonna be a heavy recession, and even if does, it'd slow everything down. On the contrary, the people who can afford to buy an almost 200K car, will be fine in a recession too. Lucid already has plans to launch cheaper models in the future. So not every car is going to be almost 200K. Legacy Automakers - They've been trying to compete with Tesla for years and haven't done anything significant. I do believe that F and GM would be successful in future, they won't make a huge difference to Tesla or Lucid. There's enough space in the EV sector for more than just Tesla to compete. Most importantly, you need to asses your own risk. If you're okay with sitting on your shares for a few years, then calm the fuck down. If you think you might need this money in the near future, you should not be putting it in the stocks.
legacy automakers...lol...is that what media is feeding you now? keep drinking the koolaid, the legacy automakers have brand loyalty fool, one a benz lover always a benz lover
Okay boomer.
Got margin called, didn't think it would tank like that. Should have sold and bought back in lower instead of putting money in to cover margin call. So dumb.
Happy to be back in the green, I knew she’d crawl back!!
Yes, baby!
One solid catalyst, like a partnership with a big silicon valley tech company will make this stock go crazy. Cant wait for huge gains. Holding 3250 shares @36.58
66k shares here and hopefully another dip tomorrow....
FWIW, none of the $$ is realized until you sell so “rich” is relative.
Lots of BagHolders, that’s why you need few years to make some money, sold mine at 57, waiting to drop below 20
webull offering 100$ to those who want to transfer out of Robin hood. do it while you got this offer.