After hours LCID unveiled for $1.75 Billion Offering of Convertible Notes via Private Placement. Never great for long term investors to experience such news; especially afterhours. Nevertheless, I'd be looking for any upward impulses as legs into short sided positions riding LCID down towards the 26.80 T1 area. I'd give this a 3-month window; however, I expect it to happen much soon -- the duration of 3 months just provides more time in "time and price" to meet the expecting outcome.
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