Boiler Room: The Official Stock Market Discussion

BlaxOps

Pro
Joined
Jul 18, 2015
Messages
975
Reputation
151
Daps
1,408
NEWARK, Calif. , April 26, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced an agreement with the Government of Saudi Arabia , under which the Government will purchase up to 100,000 vehicles over a ten-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles over the same period.

Doesn't the Saudi Government own most of Lucid?

:sas2:
 

FaTaL

Veteran
Joined
May 2, 2012
Messages
101,612
Reputation
4,917
Daps
203,027
Reppin
NULL
NEWARK, Calif. , April 26, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced an agreement with the Government of Saudi Arabia , under which the Government will purchase up to 100,000 vehicles over a ten-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles over the same period.

Doesn't the Saudi Government own most of Lucid?

:sas2:

they sure do
 

Deafheaven

Gleaming and Empty
Supporter
Joined
May 11, 2012
Messages
20,504
Reputation
2,920
Daps
60,948
Better for those who want 5 shares before the split.

**Edit: Any selloff of google would just be an overreaction IMO. They arent going anywhere. Now if a company like Lucid misses, thats cause for worry.

Isn't most of this shyt an overreaction. like msft, or tesla aren't going anywhere either yet both plummeted today.
 

BlaxOps

Pro
Joined
Jul 18, 2015
Messages
975
Reputation
151
Daps
1,408
Isn't most of this shyt an overreaction. like msft, or tesla aren't going anywhere either yet both plummeted today.

Yea, they call it pricing in news, but its all bullshyt.

Tesla is a different story. I'm thinking Elon critics are going to try to hurt the company by shorting it down. Now with everyone knowing he will get margin called at around $547, that would be an interesting target for them.
 
Top