Opinion re LCID stock
All research reports point that lucid stock is overvalued. News say they have aggressive manufacturing targets, in which case the stock is bound to jump. But is it a high risk stock, where they are far away from tesla and mostly doing PR to pump the stock price? #personalfinance #investments
Mr. Cooper amortize Mar 17, 2022
I bought too high, 27, but Schwab is paying me 5-7% for borrowing it. They lend it out to short sellers and take 50%. My cut is 5-7% which means I am a long term holder.
It has two thirds the market cap of Ford and has barely started making cars. Yes, it is overvalued.