$LCID I said this previously and say again: 1) PIF aint selling. They don't need this money, they have lots of it. And most importantly they have different mindset from us, retail speculators. If at all, they will be buying more LUCID bc, they want to persist 50%+ ownership and bc this is doubling-tripling in the coming years. 2) Employees and early investors unlocking on Jan 19-th WILL definitely SELL as soon as possible. They have their investment at least qudrupled and they are impatiently waiting to cash out. I'm sure of it. That is a bit over 100M shares in total and it will definitely create turbulence and selling pressure. I think we will see $35 resistance tested again next week.
5
5
5 Likes