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Lucid Group Inc (LCID)

NASDAQ
Currency in USD
Disclaimer
2.44
+0.02(+0.83%)
Closed
After Hours
2.46+0.02(+0.82%)

LCID Comments

Short interest is 20% on this stock. Not saying it bad stock, but be wise, don't get caught with your pants down. Also know as Nik'd (Nikola Reference)
Justin what does it means, please ?
It means that right now out 96,651,500 shares sold, that 18,384,490 were with the presumption the stock is overvauled at its current price, and they expect the price to drop by a large enough amount to invest millions of dollars on their prediction. It also helps juice the wave up on a stock on momentum buying as an added benifit to mitigating losses. A Bull Trap 🐮....
At the end of the day there can be money made on the upside or downside really. The volatility and momentum swings are the what has made the market easier to make money on for everyday people. It's like white table cloth gambling. I personally enjoy it
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