$Lucid Gro_老虎社区_美港股上老虎

2021-12-03

$Lucid Group Inc(LCID)$ I had 10k shares at an average cost of $24 but sold early at just over $40 believing it cannot go further up. Then was amazed to see it went up to $56 and stayed there so long despite weakness in TSLA and RIVN. If this market was not insane, then it would have been less than $10 but in this market, can even go to $100 - who knows. But I will not buy again until it goes back to low 20s. I do understand they have superior technology, range etc but it simply does not make sense to have a valuation larger than Ford or GM. Even compared to Tesla, it is super expensive - so is Rivian. Having said that, good luck to all longs!$Tesla Motors(TSLA)$ $Rivian Automotive, Inc.(RIVN)$

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