$Lucid Group Inc(LCID)$ bloodbath not ended. Why do you think there's positive upside after Powell announcement of 50 points increase? Bears play on your fomo! Be prepared for more worst days to come now that interest rate going up, means people facing difficulty borrowing and paying debt. Also means people getting poorer to invest. Good luck!
$Li Auto(LI)$ bloodbath not ended. Why do you think there's positive upside after Powell announcement of 50 points increase? Bears play on your fomo! Be prepared for more worst days to come now that interest rate going up, means people facing difficulty borrowing and paying debt. Also means people getting poorer to invest. Good luck!
$Lucid Group Inc(LCID)$ unfortunately lucid did not do enough to cut cost and other R&D and slow down expansion and in the course burns cash like a furnace. I think it's too late and it's almost 90 percent they are going to bankruptcy in 2023 where recession is going to hit and it's certain death for lucid. They have to dramatically cut every kind of cost possible, stop R&D, expansion and only focus on producing vehicle, dilute the shares and seek more funding just to survive. Or otherwise declare bankrupt and be taken over by another company. It's strange that management in lucid do not heed warnings all along but do the exact opposite. Now they are totally toast. I been monitoring lucid since 50 dollars high and saw it's
$Rivian Automotive, Inc.(RIVN)$ bloodbath not ended. Why do you think there's positive upside after Powell announcement of 50 points increase? Bears play on your fomo! Be prepared for more worst days to come now that interest rate going up, means people facing difficulty borrowing and paying debt. Also means people getting poorer to invest. Good luck!
$XPeng Inc.(XPEV)$ bloodbath not ended. Why do you think there's positive upside after Powell announcement of 50 points increase? Bears play on your fomo! Be prepared for more worst days to come now that interest rate going up, means people facing difficulty borrowing and paying debt. Also means people getting poorer to invest. Good luck!
$Rivian Automotive, Inc.(RIVN)$ stocks not yet bottom. It's blood bath for 2nd quarter of year. Nothing has gone to positive side in terms of economics. Inflation still very high and higher interest rate not helping either. Recession looming in the very corner. Market will take least several years to recover when it crash. Most stocks especially tech and EVs will be harder hit. Don't expect and upward swing.Not the time to buy stocks.
$Grab Holdings(GRAB)$stock value of a company really depends on whether investors especially institution find it worthy to put their money in and not much by company's performance. That's the hard truth.Many good and performing stocks are undervalue.For Grab that is losing money each and every year, I expected it's stock value to fall after it's IPO opening. It's not the golden boy in the eyes of investors and institution.My advise, don't buy and don't hold if you have a way to get out of it. Buy only when you see a light at the end of the tunnel. It will take some while or risk stagnation at the very low.
$Lucid Group Inc(LCID)$ you can deceive manipulate and short the market or stock, but eventually market overall is going to come down. Lol those telling others to buy the dip or dollar cost averaging since high 50 is still doing the same at 8 plus. They must have felt the pain and burnt. Simply no fundamental to begin with tho they act like they do. Beware of such people and do your own homework. After all only you truly care for your own money not them.
$Lucid Group Inc(LCID)$ lucid set to be down to 1 to 2 dollars by year end in 2024 and maybe more. The simple maths is 1. Lucid is still burning cash like a furnace which can only last till end of 2024. 2. Dilution is evitable as cash will need to be raised. 3. Despite losing so much cash lucid still plan on ambitious expansion with new models in Europ with no guarantee it will sell. (Mostly to in a bid to push down negatively but it won't succeed) 4. Again lucid will fail to meet it's production target again as usual. 5. Fierce competition with other EVs especially from price slashing from major EVs like Tesla and others. 6. Much lower EVs demand on market. 7. Supply chain shortage and competition. 8. Saudi i
$Lucid Group Inc(LCID)$it's time to gradually move away from hyped and meme stocks and focus on recession proved stocks instead. Energy and essentials as well as certain e-commerce, logistic and perhaps pharma etc.It's not the time to buy the dip and be greedy. Foresee a very gloomy future and a long recovery ahead. Invest wisely and do some research. You can buy the dip if you have very long holding power and unless you do, would advise not to.