- Entry
- $2.26
- Final
- $15.17 +571.2%
- Target
- —
- Score
- +1.00
Decided to post here because LCID seems pretty high risk. After the share dilution, LCID tanked pretty hard. Reached as low as 2.03. Their earnings has been steady and going up slightly, and even rallied immediately at the recent earnings drop, however it seems to be heavily shorted (with SI being 30%). I bought yesterday on the 12th at $2.13 after seeing some reoccurring patterns on the TA. [Aug 24 pattern](https://preview.redd.it/vqqq42ujdp0e1.png?width=229&format=png&auto=webp&s=aac3f5a6d5b2085f45b191e427e13b29cac68b00) [Nov 12 Snapshot](https://preview.redd.it/gb7r2otkdp0e1.png?width=200&format=png&auto=webp&s=d236ab3fd6549d41cdad0a3134238c9ee40f120d) [Today's result](https://preview.redd.it/q6olg1qldp0e1.png?width=295&format=png&auto=webp&s=c7cd85e1a09ba27015788837f5d71a011781870a) Seems like it's beginning …
— ORIGINAL POST ·
LCID (Lucid Motors) GREAT Buy Opportunity?
· r/wallstreetbets
· Feb 5, 2025