Big hopes small dreams

Devilton : Likely to surge with the positive outlook and exceeding earnings estimation, any where from $48-near $60. There's no way to know how much of cos. Then it will fall sharply back down again but should be higher than what it is now, so probably around $45 to $50. That's just my extrapolation.

Kelvin11tay Devilton : I like your optimistic as some are saying the deliveries only started on end Oct which will not be in this earning call.

Devilton Kelvin11tay : You know this for sure or is it your guess? From company POV it makes sense to add that sales into their report and itheir accounting should closed at the end of month, which was end Oct. Since LCID managed to deliver the cars by end of Oct, it means it is already a done deal and even if customers hasn't make any payments yet, the profits would still be captured. So unless for some weird reason, it is not included in this report, i'm hopeful about the surge.

Kelvin11tay Devilton : I hope will surge higher too as I have contract that exp this week.

Kelvin11tay Devilton : Lucid (NASDAQ:LCID) is scheduled to announce Q3 earnings results on Monday, November 15th, after market close.
The consensus EPS Estimate is -$0.25 and the consensus Revenue Estimate is $1.25M.
With production commencing in late September and shipping first cars in late October, the company's Q3 is seen generating minimal revenue.

Devilton Kelvin11tay : It is already known that it will be min revenue from a new company but what's important is whether are they exceeding the estimation? In term of revenue, 520 cars at $169k each will already give you near $88M. Even if you minus production cost, it would easily be more than $20M right? Moreover they will be announcing their near future plans which are super exciting. Watch youtube for more info.

Kelvin11tay Devilton : Well, as I said, I'm hoping for a surge too as I'm holding contract till this week.
This is why I still don't sell which I think even earning doesn't reflect good, price will still raising. I hope for the best...

Devilton Kelvin11tay : Btw my apology, just did a quick search online. Their report is only till end of Sep, so indeed the 520 cars sales will not be included but still for all other positive reasons, I'm still 80% certain it will surge today and early tomo. Good luck to us!

Kelvin11tay Devilton : Let’s hope for the best as they had quite a number of positive news Too which hopefully able to compensate on The earning call.

Jeremy Teague OP : So far so good keep it up $Lucid Group (LCID.US)$