Lucid is heading to 100 billion +!

BaronLyly
2021-12-09

$Lucid Group Inc(LCID)$ Peter Rawlinson has gone so far as to say "[Lucid is going to secure more capital sooner rather than later]," and now people are surprised when he fulfills that 'promise." ALL growth companies fund growth with debt/borrowed money. I'd be more worried if they waited to gain additional funds for what they are ostensibly attempting to accomplish. It boggled my mind to divest from a company making smart decisions. Lucid has delivered and delivered and delivered...under promise over deliver, and they are down because of "an interestingly timed" SEC subpoena that clearly has nothing to do with a misrepresentation of the ability to produce a product (Nikola, Lordstown, etc. don't have #$%$--because they already released the Motor Trend Car of the Year (not a company on decline but one with explosive capabilities) and then they are 'dinged' again for smart financing. All good things will come. Be patient. I'm buying additional shares this week (to bring my average up) because this is a decent entry point and all of the same fundamental truths that had this stock in the high 50s a couple of weeks ago are still true. Lucid is heading to 100 billion + and recent history has been a manipulation to allow institutions to consolidate at a bargain.

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