$Lucid Group (LCID.US)$ The price is falling slightly, likel...
$Lucid Group (LCID.US)$ The price is falling slightly, likely becos of paper hands fearing the tapering announcement tomo. However I don’t think Powell will announce hasten measures to end it earlier and risk sending the market tumbling, even triggering bearish trend. There’s no benefit in this at all and would reverse the objective of their effort all these while. Moreover Christmas is coming, traders will not intentionally cause too much turbulence in the market. So as long as Powell do it at a reasonable pace, people are receptive of it. everyone knows that is inevitable, so are prepared for it. So I’m still think we should hold on to LCID for this year.
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102840048 : Hope it doesn't fall back to 36
Devilton OP : I hope so.
LazyGirl_ 102840048 : $36, will it?
Devilton OP LazyGirl_ : Presumably not, but nothing is certain. However, after all, entering the NASDAQ means that your strength has been recognized. It is reasonable that $38 is already a very cheap discount. What's more, it's also getting a lot of attention; there should be a lot more bullish investors. Let's wait and see how it changes. Now it's just a matter of going with the flow.
LazyGirl_ Devilton OP :