LCID
Lucid Group, Inc. Common Stock
stock NASDAQ

Anyone else otherwise interested in $UBER but hate their recent autonomous vehicle deals like buying $500M of $LCID which they're already heavily down on.
I understand that they don't want to standby while Waymo, Tesla, and Zoox scale their robo taxis, but I don't understand why they so often take large equity stakes in companies that are burning through money, diluting shareholders, and with no sign of being profitable.

Uber bagholding 10% LCID for its AV is all you need to know. LOL

LCID

I've been looking at GRPN for the past few days. It was triggered by success with CAR. After I bought and sold puts @ $500 on CAR when it was in the $600s, I decided to look into other short squeeze prospects (ones that aren't completely devoid of value, at least). For example, I was also looking at LCID but that has a bunch of red flags.
Have you investigated how quickly GRPN could sell any of its authorized shares? They have 40M shares outstanding, but are authorized for up to 100M. I've been trying to figure out the process and timeline for them to actually sell any of those shares. They aren't a WKSI, so I think that might slow them down (but I have to do more research as a non-expert).
If the true short interest is really closer to 72% (assuming an actual float of 19M shares instead of 24m), then the potential for a short squeeze here feels the strongest among any stocks I've looked at (after CAR, of course).
I'm curious to learn what other DD you've done.

Uber partnering with LCID for AV and bagholding 10% of LCID is all you need to know. LOL

The 733% happens behind closed doors. The IPO is how it's liquidated, at our expense.
Recent track record on hyped IPOs: • SNOW (2020): priced $120, opened \~$245 with Buffett's blessing. Today \~$143. Day-1 buyers -42% while S&P is +57%. • RIVN (2021): hit $179 in a week, $150B market cap. Today $15. -80% for IPO buyers, plus 38% dilution. • UBER: 4 years to a profitable year. • WeWork: SPAC'd at $10, bankrupt 2023. Public zeroed. • BYND, PTON, LCID — same playbook. Peak hype priced in at IPO, business never grew into the multiple.

LCID and LAES

$LCID

According to Ai 🤖 we need to buy about 750$ million to 1$ billion worth of shares to initiate a short squeeze, let me know if anyone has that type of money 😂 $LCID if anyone here is interested