LCIDBullhit
Lucid CityTarget Price(split-adjusted)
$30
Said $3· today's shares after the 1-for-10 reverse split (Sep 2025)
“you see a consensus for it to be above $3 and even some dabblings of $4 so for January 2025 you anticipate for $4”@ 5:05 · open at this moment on YouTube ↗
Thesis at the time
BullishLucid is gaining momentum from record delivery data for Q4, a new $3.50 buy rating from Stifel, and exploration of solid-state battery technology that aligns with the Trump administration's battery focus. Big-money options activity shows consensus for $3+ and even $4 price levels while the technical setup above the 50-day moving average points to a 30-40% historical run.
Key arguments
- Inside information suggests Q4 deliveries have already surpassed all-time high of 2,700 units
- Stifel issued new $3.50 buy rating, the most bullish recent analyst target
- Lucid's military battery contract and solid-state battery exploration align with Trump's battery-focused EV policy
- Options show consensus for $3+ by January and $4 by February, with big-money transactions above $100K
- Stock is above 50-day moving average, historically resulting in 30-40% upside runs
Counter-arguments acknowledged
- Shorts are increasing by 2.7 million shares, representing 22.3% of free float
- Trump plans to remove $7,500 EV tax credit which could headwind broader EV sector
The call
- Date said
- Dec 16, 2024
- Deadline
- Jan 31, 2025
- Price at prediction
- $27.30
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $30.20
- Return
- +10.6%
- Notes
- Target ≥$30 reached on 2024-12-20. Price: $30.20. Return: +10.6%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≥$30 reached on 2024-12-20. Price: $30.20. Return: +10.6%.
Full rules: docs/resolution-spec.md.