May. 6 at 1:03 AM
$LCID what’s particularly disgusting is the market had moved this down to the lowest price. But over the last week by very controlled short availability the price moved up just enough to slam it down again hard
This is, I think,
$BAC with their 35 million shares on the institutional side, naked shorting, titrating short availability and selling calls they know will expire. Then they probably supplement this with action as market maker.
The quarterly today exactly matched what they released on the 14th when
$BAC bought at
$8.11
So why - when the market clearly is willing to accept less?
Why do they have 5000 extra cars worth at least 250 million sitting, blocked by - a single weld? And these cars are the ones both the Saudis and Uber are contracting for? If they shipped those they would have busted all earnings. And they have an open manifest for over 100,000 cars.
But if the Saudis just let them sit in stock, it destroys the quarterly.
Just feels gamed