Post by
Jimmy1page on Nov 15, 2023 10:35am
Lucid motors
Reported a net loss of 244k per vehicle produced and their stock is up over 4% right now. I clearly reside in crazy town.
Comment by
BigJake on Nov 15, 2023 11:42am
Do not feel bad Jimmy1page, anyone who invests in oil&gas has been to crazy town a time or two
Comment by
Jimmy1page on Nov 15, 2023 12:02pm
Seems strange that a company with strong Financials and a good track record can't gain traction while the flavor of the day rises on the market while it should be out of business.
Comment by
OGInvest0r on Nov 15, 2023 1:35pm
I agree wholeheartedly with you. It's also puzzling that WCS is up/differential down yet we are down 2 percent. All mid to small caps down more than the large caps on US and Canada markets. Yet we benefit most from the WCS bump. I have all but given up rationalizing ATH performance over the last 6 weeks. Something has changed in our trading ways. Is it the number of shorts piling in?
Comment by
Jimmy1page on Nov 15, 2023 3:03pm
Honestly not sure. I took a small position in Sonoro yesterday and I'm up over 5% there. This is nuts