LCIDBullhit
Lucid CityTarget Price(split-adjusted)
$25
Said $2.50· today's shares after the 1-for-10 reverse split (Sep 2025)
“I do feel that this upcoming week, Lucid will be closing above 250.”
Thesis at the time
MixedShorts are increasing aggressively at the 50-day moving average to suppress a breakout, but Lucid wants to move higher. A forthcoming Bloomberg interview with the CEO at Panasonic's Kansas battery plant and upcoming CPI data could provide the catalyst to push above the 50-day MA.
Key arguments
- Shorts strategically increasing 2.53M shares to kill momentum at the 50-day moving average
- Upcoming Bloomberg CEO interview at Panasonic plant could be a positive catalyst
- Lucid was best in class for Q2 sales, outselling Tesla Model S and Porsche Taycan
- CPI data due Tuesday could push broader market and LCID higher above 50-day MA
- Bulls in options consensus for stock to be above $2.50 for the foreseeable future
Counter-arguments acknowledged
- Stochastic RSI relatively overbought, first sign of weakness could cause pullback
- 56% of options being done are bearish in nature
The call
- Date said
- Jul 14, 2025
- Deadline
- Jul 18, 2025
- Price at prediction
- $22.70
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $31.20
- Return
- +37.4%
- Notes
- Target ≥$25 reached on 2025-07-17. Price: $31.20. Return: +37.4%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≥$25 reached on 2025-07-17. Price: $31.20. Return: +37.4%.
Full rules: docs/resolution-spec.md.