LCIDBearhit
Lucid CityTarget Price(split-adjusted)
$180
Said $18· today's shares after the 1-for-10 reverse split (Sep 2025)
“based on the LA wave technicals, as I've brought up like a week ago, it is insinuating for it to hit roughly around that $180 range”@ 8:35 · open at this moment on YouTube ↗
Thesis at the time
BearishThe speaker previews the final week before the reverse split goes live. The 8K confirms PIF voted for the split (2.4B votes for vs 35M against)—meaning retail had no chance of blocking it. Short interest at 33.17% of float (416M shares) is near all-time highs and expected to hit a new record on Monday. The LA wave technicals point to ~$1.80 range, and the speaker lowers his buy target to the $16 post-split equivalent. He sees no credible catalyst this week.
Key arguments
- PIF voted for reverse split overwhelmingly (2.4B vs 35M against)—retail votes were irrelevant
- Short interest at 33.17% near all-time high of 33.5%; expected to hit new record Monday
- LA wave technicals pointing to ~$1.80 range (pre-split); consolidation to continue
- No specific Lucid catalyst visible for the week; macro data (Nvidia earnings, GDP, PCE) could help
- Speaker lowered personal buy target to ~$16 post-split equivalent
- Investment fund speculation (Gulf Investment Fund) called out as inconsistent with their investment history
Counter-arguments acknowledged
- Powell alluded to rate cuts—positive for EV stocks
- If Lucid makes a surprise positive announcement, stock could reverse strongly
The call
- Date said
- Aug 24, 2025
- Deadline
- Aug 29, 2025
- Price at prediction
- $20.80
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $20.80
- Return
- 0.0%
- Notes
- Target ≤$180 reached on 2025-08-25. Price: $20.80. Return: 0.0%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≤$180 reached on 2025-08-25. Price: $20.80. Return: 0.0%.
Full rules: docs/resolution-spec.md.