How sweet will it be when Tesla drops, he gets margin called, and then get stab by Jack Dorsey?
Will it continue to drop or is this the bottom? What does a bottom look like?
Same deal Amazon did with Rivian to prop it up and boost confidence. Makes the order numbers look good in preorder. I’m still gonna buy shares of both and Ford when the prices get low enough.NEWARK, Calif. , April 26, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced an agreement with the Government of Saudi Arabia , under which the Government will purchase up to 100,000 vehicles over a ten-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles over the same period.
Doesn't the Saudi Government own most of Lucid?
They’re all still down and will fluctuate. Most of the stocks in my watch list are lent quite where I want them so I’m still waiting, so yes there is plenty of room to go lower. The chip shortage is killing all the car brands but I’m watching em all and the etf. You have time to wait if you want. I bought more Tilray at $5.08 and I’ll hold a few years and add to it. I want DraftKings at $10-12 and JetBlue at $10 or less. I think they’ll get there.
Are we in/heading towards a recession?
Better chance the recession will happen so own stocks that are tried and true. Companies that aren’t going anywhere. Madison Square isn’t going anywhere. Pick up more shares when it dips to a good entry point. The FANG and other large cap stocks aren’t going under so consider those. I’m even looking at some ETF’s with hundreds of stocks in em. The board can recommend those better than I can.
Sidenote: It was reported yesterday HOOD is laying off employees.HOOD reports earnings tomorrow at close. Since I can’t do options so I’m risking 100 shares at or below $7.
i see it as the training ground for new investors and I don’t think it’s going away anytime soon. At best i think at its worst it gets bought out for its customer base and data.
Saw that. 9% of em. Said they went from around 500 to over 3000 employees so they had to cut. I think the company is never going to make real money, but I think it goes back to $20, so I’ll risk some dough at $7 or less and watch it.
yikes!I started buying Netflix two years ago, my cost basis
I am not playing hood but if I was i would buy puts, I think earnings will suck and it will tank.
It’s shit. But if it dips to my strike point I’ll buy and get out when it doubles. I do the same with Tesla. When it dips to $800 I buy 3 shares and sell it at $1000. I’ve done it several times this year. Quick $600 every time. I’ll never hold any of em long.
$150 and dipping.
I think it bounces at $135.
