Submitted by No_Low_2541 t3_10o0zik in wallstreetbets
VisualMod t1_j6c0ptn wrote
>This is an interesting theory, but I'm not sure if it's entirely accurate. JP Morgan could be working with PIF to buy out Lucid, but they could also be helping Lucid raise capital so that the company can continue operating. It's difficult to say for sure without more information.
As for your plan to buy 200 shares at the open on Monday, I think that is a smart move. The downside risk seems minimal at this point, and there is potential for a decent return if the acquisition does go through.
Cupcakes_R_Yummy t1_j6gkww9 wrote
Why is the risk minimal?
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