Someone explain to us how $NKLA was worth over $70B MC with no prototype, a CTO that was some sort of plumber but $XAIR with a working revolutionary product LungFit Pro about to get PMA is worth less than $200M.
$LCID We remain at a Hold, with positives such as the quality and specs of the Lucid Air, Saudi Arabia supply agreement, and new factory in Arizona balanced by operational issues, uncompetitive pricing, and a likely future capital raise.
I’m adding to $XAIR & $AXSM as valuations of both getting a bit cray cray as both platforms de-risked big. Could go lower but 12 mos out expect a lot higher. A bell won’t ring for you & ave down here or lower, could provide 5x for $AXSM & 10x $XAIR. Fundamentals strengthening. 💪