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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.010-4.3%Dec 26 9:30 AM EST

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To: yard_man who wrote (3269)7/10/2023 3:22:03 PM
From: Tweets Boar Hog  Read Replies (1) of 4429
 
Maybe .... alternate count after thinking about it more ....

I have followed Lucid fairly closely, read all their recent reports. Just no sign of becoming cash flow positive. They got a cash infusion recently, probably enuff to tide them over for another 1.5 yrs or so. But Lucid isn't going that far imo until better news comes out. Big issue next earnings report will be back log, report again ~ 8/2. If it is bad they probably won't mention it.

Message 34345791

EV's biggest problem right now in the US is price of crude/gasoline. EV prive war going on in the world's largest EV market, China.

Crude's biggest LT problem is EV's, wind turbines, solar and batt technology. Mainly EV's. Quite a dynamic in play. Will take a few more years to play out for sure.

Tweets

If it is this one won't make it thru 20. Kind of an interesting chart. If/when Lucid makes it and takes off, it sure could move hard and fast once it clears 30.

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