I call BS on this article. This company is being invested into by the Saudi sovereign fundas well as a few other heavyweight funds which a simple google search will show. If the future was uncertain, would these giants of the financial industry be investing?Also, Lucid is not just about Vehicles. Read the manifesto. They are into electrification meaning battery technology as well as 2 way charging. I’m not certain if the writer of the article is reading enough or understandingenough about the company or just spewing what he finds written on forum boards.
Who the fuck actually trust someone whose predictions have only been 50% correct. He just sits behind his desk and flips a coin. Gogoogle the analyst. So far he has underperformed the rest of the analysts.
Electric vehicle maker Lucid Group fell nearly 5% in premarket trading
$Meta Materials Inc.(MMAT)$For thos who have seen my DD when this was known asTRCH$, this is the update on the current short position as per Ortex. Number of shares short in MMAT is 59.12M. Ortex has issued a disclaimer that this may not be the final short figure as there are stillmore TRCH short shares that have not beenconverted.
$Torchlight Energy Resources(TRCH)$For people who want proper information on short position, I suggest you all use Ortex to see the daily and hourly short movement. As of now, short position is at 47.5m shares. Today4m more shares were shorted. The short sellers have not withdrawn yet. All shorts have to be covered before the 30th. Current borrowing cost is 197.5%Yesterday borrowing cost is 697.5%Best opinion I can give anyone is to just hold until 30th. If we don’t sell they have no shares to buy back. Then the short sellers will really be shitting their pants.
$Tiger Brokers(TIGR)$Husband bought, sold and bought back for me.He says his new target price for TIGR is $38.Already locked in 20% profit so can sit and chill.
$Churchill Capital Corp IV(CCIV)$My husbands opinion (CIA76) is that the short sellers are going to start covering which will send the price above $26 in the next few weeks. So long as all the retail shareholders and thePIPE holders do not sell their position and the general market is flattish there will be a gamma squeeze.
$AMC Entertainment(AMC)$I’m out. Switching to GME and CCIV. At $39 all the short sellers are dead already. Now concentrate on the other 2 counters because shortbsell interest is still very high.