LCIDBullhit
Target Price(split-adjusted)
$24.20
Said $2.42· today's shares after the 1-for-10 reverse split (Sep 2025)
“that 50-day moving average does result in like a 30% swing. So there's that and also the 100 day moving average at 248. So I think Lucid is long past due for a nice push higher”@ 7:19 · open at this moment on YouTube ↗
Thesis at the time
BullishInstitutional buying, Iran de-escalation signals, and a market-implied September rate cut pushed Lucid up 3.26%. The speaker sees the 50-day moving average at $2.42 as the pivotal target — a break above it could trigger a 30% swing. PIF backing and Lucid's strategic Middle East and Europe expansion are seen as long-term positives.
Key arguments
- Market pricing in 61.7% likelihood of September rate cut is favorable for growth stocks
- Institutions visibly buying on the secondary market
- Crossing the 50-day MA at $2.42 historically results in a ~30% price swing
- PIF is a key pillar of Lucid's survival and growth
- Lucid is strategically expanding in Middle East and Europe ahead of midsize launch
Counter-arguments acknowledged
- Shorts increased 1.57M shares today, trying to suppress the move
- Zacks ratings are generally not highly credible per the speaker
The call
- Date said
- Jun 18, 2025
- Price at prediction
- $22.20
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $31.20
- Return
- +40.5%
- Notes
- Target ≥$24.2 reached on 2025-07-17. Price: $31.20. Return: +40.5%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≥$24.2 reached on 2025-07-17. Price: $31.20. Return: +40.5%.
Full rules: docs/resolution-spec.md.