LCIDBullhit
Target Price
$21
“if Lucid is able to get above 21 this is where it can easily go up very very fast”
Thesis at the time
BullishThe speaker is excited by a 14.42% up day driven by technical bounce off S3 ($16.30), short covering (~3.8M shares returned), new bullish analyst ratings including Accordia buy at $30 and TD Cowen $22, and zero shares available to short indicating squeeze potential. He points to institutional buying walls at $18+ and notes that if Lucid gets above $21, it could move 'very very fast.' However he still cautions no new hedge fund stakes have been confirmed post-reverse split.
Key arguments
- Lucid up 14.42% with 29M shares traded; technical bounce off S3 at $16.30
- Zero shares available to short—strong squeeze setup signal
- 3.8M shorts returned today; short covering adding significant buying pressure
- New ratings: Accordia buy/$30 target, TD Cowen $22; Canaccord Fitzgerald $20
- Institutions buying at $18+ creating strong support wall
- If Lucid clears $21, speaker says it 'can easily go up very very fast'
- Rate cut probability (10% chance of 50 bps for Sept 17) adding momentum
Counter-arguments acknowledged
- No confirmed new institutional stake announced since reverse split
- Price target of $1,525 (pre-split) treated as face-value floor
The call
- Date said
- Sep 5, 2025
- Price at prediction
- $18.41
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $21.10
- Return
- +14.6%
- Notes
- Target ≥$21 reached on 2025-09-19. Price: $21.10. Return: +14.6%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≥$21 reached on 2025-09-19. Price: $21.10. Return: +14.6%.
Full rules: docs/resolution-spec.md.