$Lucid Group Inc(LCID)$ Guys, great euphoria and I'm bullish on LCID too, but you should pause and think, why is the price flying so high?... the report was not good, not yet anyway, though we expected that... I got in at 16 with CCIV and got out at 46 yesterday... because this has stopped making sense to me... I'm happy with the gains so far and trust my decision whatever the outcome, but what is the valuation here?... the book is basically thrown out on this one and Rivian, it's insane... It may well continue to go up, from here though, the risks are much much higher... don't react on every tick, in a few days or weeks, whatever this euphoria is has to come down to some level. The numbers are just not there, not yet anyway... I feel that patience is needed with this one... but use your own judgement... as I love to say, try to stay in the green...!!!
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