Helsinki - Tomorrow we might see $LCID at $5.8. The $3 billion offering only diluted price to $6.67. Many short sellers in early June liked to cover their short positions on the same day, that’s why we saw many V-shaped intra-day movements. Now they keep their short positions overnight.

5:39pm PDT - June 21st, 2023

Tomorrow we might see $LCID at $5.8. The $3 billion offering only diluted price to $6.67. Many short sellers in early June liked to cover their short positions on the same day, that’s why we saw many V-shaped intra-day movements. Now they keep their short positions overnight.

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Veli_Helsinki (@Veli_Helsinki)