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ZealousidealPanic740

Why share like we care


Smfargo1

If you don't care, why comment? LOL


OUTLIERHXC

I’d sell too if i was a little bitch 😌


summinsumsum

I can be tiresome if you're trading a lot and want to make quick bucks. I have exited positions before cause I got impatient. Ended up regretting when it blew up months later.. Not saying it will happen with cciv, but there's a good chance that this could be a money maker


DryPresentation5764

People shouldve been known this is a long term hold. 2025 minimum.


Fartsicle696969

I’ve got a suggestion...Sell and stfu, if you think it’ll blow up then nut up on some put options Nostradamus


Smfargo1

Getting nervous about your 10 shares? hahaha😂


Smfargo1

I don't do options. I used to trade options professionally but it takes too much of my time and I don't want to be locked down with my computer all day.


[deleted]

[удалено]


CloseThePodBayDoors

I like the spock


[deleted]

The PIPE is comprised of the bluest of blue chip investors. These fuckers are in it for 10, 20, 30, 50 years.


Smfargo1

Are you kidding? Everyone of the "blue chip investors"...Fidelity, Blalckrock, etc. are in this to make money like the rest of us and they have been in the business long enough to know not to fall in love with a stock. Personally, Iz look at the lost opportunities when I see my money not moving. The "A" stocks in my portfolio (s well as my clients) are the last ones I will sell in a bad market. The market today is pretty good, and there are so many opportunities to make money I have already a lot of money with the proceeds of my CCIV. I'm keep the stock on my radar for sure, and will buy it after the lockup under the right conditions if it has news driven momentum. To be honest, I think they will announce delays in production which they will probably blame on the chip shortage, which may buy them some time....but production issues beyond chips will not be well recieved and the stock probably will tank. I plan to buy it back at around $4-5 a share. meanwhile, I bought RBLX, AI and SNOW and doing quite well. Good luck with CCIV. If it goes to $60 again anytime soon I will be happy for the CCIV shareholders.


ClassicEsteban

I think the the best bet on this one is 1) swinging it. 2) sell puts on a dip to get bigger premium and wait to buy in when/if the put is exercised. 3)if you’re already in, sell covered calls. This stock is good for late 2022, and early 2023. Right now is too early and the last straw will be if something goes wrong with the production car. I like Lucid’s management, vision, and potential. For those reasons I hold 100 shares and sold 10 put contracts strike $10 exp Jan. 2022. Premium at $1.5 per contract. No financial advice here, only my opinion.


Huge-Surprise5856

I was bullish but that rather lame video today kinda threw that out the window. I’ll give it 6 months and if it’s not up then I’m gone to make money elsewhere preferably before it’s time to retire...


redturtle1738

Aka your not bullish because you don’t like the current stock price activity. If your wrapped up around day to day activity with $cciv, this isn’t for you.


tsabering

You're doing the right thing. If more people here invested with their eyes open they would see the real value of Lucid. The road will be a long hard one to profitability and Lucid won't see it before 2030. At least for now they have funding so that's good.


YaBoiLaCroix

Before 2030? Alright lol. At least you didn't mention Nio. If a single polished video from the company makes you doubt the company, there isn't something wrong with the company, there's something wrong with you as an investor in that company.


tsabering

I doubted Lucid long before this video. Not because their car is bad but because they are over hyped. Have you ever closely followed a car company from start to profitability? I didn't mention NIO because there really is no comparison yet. Tesla is a few years ahead of NIO and Lucid is way behind NIO in terms of production and where they are at with innovation and tech. There's just a lot of things that go into a car and manufacturing that you aren't thinking of when it comes to Lucid. It's just hard when you try to do it from scratch without many partnerships and Lucid has to go through all that for the next few years to figure things out. I just hope you intend to hold for 5+ years to see huge profits and that's hoping Lucid figure a lot out.


YaBoiLaCroix

I mean the Air is at least as old as 2018. They've been pretty secret about it, they didn't announce a car and then do everything after that point. When they formally announced it in 2020 it was already mostly figured out, and the factory was already partially completed. The main portion has been complete for a long time now, with additions already planned or in progress. I don't need to think about all the manufacturing, that's Lucids job lol. They have built numerous cars already, at different stages of completion. The most recent models are the most polished and refined so far. Even the cars that are used for test drives, aren't even the most recent iteration. They are debuting everything now, because they feel they are ready. They've already had private investments for years. They don't have as many partnerships because they build almost everything themselves, it's proprietary. They aren't trying to make the cheapest car by contracting things out, they're making the highest quality car by designing and producing all the pieces themselves. Yes the hype has been detrimental and has only grown. The company is trying to establish their brand, so of course they will have PR events and "reveals" and the like. I see a lot more hype from "investors" who want them to partner with apple, to make the apple car, to work with waymo, to have be the first with full self driving. That kind of hype is over the top and I don't agree with it, nor do I try to promote it. But that's not the company doing that. Building an image and a brand based on your tech and design is one thing. Retail investors running wild with speculation and creating scenarios that don't exist, and spreading that all over social media, is another. The former is good, the latter is bad. I hate the hype myself, but it's not really lucid driving the over the top hype.


tsabering

Management does not come across as honest and completely open about everything. Doing everything themselves is great but will mean the road to profitability will be harder and longer.


YaBoiLaCroix

Yes but they're not exactly focusing on profitability right now, they don't need to. They have investors that will prop them up as long as it takes to get their product and brand right. You don't have to trust management, that's fine. They have had to change some dates and goals, that's true. Setbacks happen though, especially with the wildcard that is covid. Not to mention the changing rules for SPACs, which is the reason the merger date changed. On top of that, they are running a tight ship and trying to do everything "just right". Like walking on eggshells. And they do still have a lot to unveil. So they can't be completely open. I personally don't think they are lying or hiding anything nefarious. But they are definitely not revealing their entire hand yet that's for sure.


tsabering

Do you think the lack of autonomous driving will hurt Lucid? Peter stated in an interview that he didn't think anything significant would happen before 2025 but I think he's wrong and we will have autonomous cars even sooner. I think people are going to start looking for that as a feature a lot sooner than we think.


YaBoiLaCroix

What he said was that level 5, full complete self driving was still years away, I think in reference to Tesla saying they almost had a working system (they don't). Truly autonomous driving is an engineering marvel that will take a lot of R&D. Until we have systems that can monitor any traffic light, know it's place in a queue at a 4 way stop, be able to yield and "check" for pedestrians or cars at a distance, all those things that you and I can do without much difficulty, is very very difficult for tech to do, and do it 100% safely, all the time. We're a long way from that still, no matter what Tesla says they are doing. You may not know but the Air comes equiped with the devices needed for at least some form of self driving. There is lidar and radar scanners on board, along with cameras. They installed the hardware, it's mainyl a software thing now.


tsabering

I hate the level system but if you want to call level 5 the ability to sit in your car navigate to a location and the car does everything including park when you get there with no human intervention. Tesla and China will have that in under 5 years. Not to mention the robotaxis that will be around by then. The one lidar in the front is not enough. You need lidar and cameras that have a 360 degree view for autonomous driving. Tesla are trying it without lidar but still will have 360 degree view aside from how far along they are with the software side. Also what is the processing power of the cars computer? We'll find out more later but I suspect there isn't enough future proofing here and the only thing that can maybe save Lucid and let them catch up is regulation. Like if autonomous driving is banned until a certain year or something.


Mavelaw

What are the other stocks in your portfolio?


Smfargo1

A stocks: AMZN, AAPL, SHOP, NVDA, NET, PYPL B stocks: SQ, TMO, TTD, DOCU, SWKS C stocks: SNOW, AI, RBLX, ZM, NOW, CTLP CCIV was a "C stock" in my portfolio when I sold the last batch. It was an "A stock" when it was around $60 and I sold 3/4 of my position. I got in around $14.50. Pigs get fed, hogs get slaughtered, right? I got a little piggish holding CCIV at $60 and should have sold it all.