Lucid Is Subpoenaed by SEC Related to SPAC Deal; Shares Fall
The electric-vehicle company said regulators are requesting certain documents in an investigation that appears to concern certain projections and statements.www.wsj.com
Rajaah
being the kiss of death.
The funny thing about projections is that they are... projections. Lawsuits, SEC investigations, multi-billion dollar settlements without "admitting wrongdoing", stock price manipulations via social media and "analysts" are just part of playing the investing sandbox on a daily basis. Welcome to the party.I don’t do crypto, because it’s not my thing- but now I understand the meme about
That stock is proper fucked.
I don't take this as any covid positive news. Just acceptance that they are trying to close the barn door after the horse had already bolted. They know it is already in community-wide transmission in Europe. The travel restrictions are pointless now.
apnews.com
For the low low price of $16.82b, you can own controlling interest
Fairly sure I explained this before. The biggest risk of Omicron is that the infectivity, however benign, will likely hit more than any other peak. There is always risk of further mutations / variants with any infection, but when the whole planet is spiking cases at once the mutations will explode also. Purely a numbers game. Out of Omicron will likely be many further variants in a very short span of time. The question is if any of those become more deadly.Fauci says early reports encouraging about omicron variant
U.S. health officials say that while the omicron variant of the coronavirus is rapidly spreading in the country, early indications suggest it may be less dangerous than delta, which continues to drive a surge of hospitalizations.
From an investing perspective, none of this really matters. The media and government narrative and spin are the short term shocks that we will be dealing with.
Which I also pointed out to Shonuff nearly a month ago. My bailing on travel plays in early Nov wasnt based on Omicron hard facts. It was knowing full well how the media and emotional investors would react to it. Here we are nearly 20%+ wiped off of some of those names since.
I would say that the biggest risk of Omicron is that the symptoms appear mild at first but it attacks the immune system long term because of some mutation it picked up from an AIDS patient in Africa.
