Trade idea
LCID buy the stock
The speaker believes that the Lucid stock is undervalued and has a strong company behind it. Despite the options market being described as 'garbage,' the speaker is willing to buy the stock directly. The speaker also mentions that the stock has experienced a significant drop following a reverse split, which may present an opportunity for a long-term investment.
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Strategybuy the stock
Assetstock
Time horizonshort-term
Entry / triggercurrent price of $6.07
SpeakerTom
Risks
- The stock could continue to decline if the company's performance does not improve.
- The speaker's valuation is subjective and not based on detailed financial analysis.
medium confidenceVerify in video at 39:30 ↗