Drop in share price faking PIPE unload
$Lucid Group(LCID.US$ staged sell off to fake PIPES unloading. PIPE investors Saudi Arabia public investment fund, blackrock and fidelity holds billions as PIPE investors in lucid. the trading volume now is only around 2 m shares amounting to 40 M. it was faked to scare off paper handed retail investors and trigger margin calls. i am buying in more. thanks for the cheap shares. i have absolute faith in LUCID, u dont want to be chasing after lucid once producfion starts, will be very hard to buy in
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Trader for more than 10 years, loves near term swing trades
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Leefh : Bargain hunting now
chowstar : Can’t resist the price, am convinced to buy now
貂蝉取巧 : Makes sense if it's the paper hands. Would be dumb for PIPEs to sell now.. wouldn't have made such investment just to sell off right before the start of deliveries.
kats_ : Will this stock still be like yesterday? I look forward to it
Mcsnacks H Tupack : Institutional investors are selling because Lucid isn’t making any money. They keep doing prospectus, large ones at that. If they fall thru 2 more supports they will be at 10.00. It’s been selling off for 14 of 16 days. Over 100million in volume plus today’s is over 200million in volume. They aren’t faking that much.
TraderGoat OP : Yup my I agree my comment didn’t Aged well. Clearly PIPE were
TraderGoat OP : SElling
JesslynTeh :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")