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purple_mattress's profile
Mattress_King
Mattress_King
Mattress_King
@purple_mattress

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Mattress_King

@purple_mattress

Reddit u/dhsmatt2. Average Investor with below average returns - $PSTH $PRPL $SVFA $CHAA $PAQC $SOFI

USA
Joined January 2015

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    1. Will‏ @willchalk12 Feb 24
      Replying to @purple_mattress @SpacBobby

      pic.twitter.com/4zJUaOISLI

      1 reply 0 retweets 1 like
    2. Mattress_King‏ @purple_mattress Feb 24
      Replying to @willchalk12 @SpacBobby @LucidMotors

      Ok 7500, still not a crazy amount.

      1 reply 0 retweets 0 likes
    3. Cellus Capital‏ @celluscapital Feb 24
      Replying to @purple_mattress @willchalk12 and

      it’s a 165k car, not everyone can afford this, i dont see 10k ferrari pre orders

      1 reply 0 retweets 1 like
    4. Mattress_King‏ @purple_mattress Feb 24
      Replying to @celluscapital @willchalk12 and

      500m divided by 165,000 is 3030 pre orders....

      2 replies 0 retweets 1 like
    5. Cellus Capital‏ @celluscapital Feb 24
      Replying to @purple_mattress @willchalk12 and

      this includes the other model as well, the 130k car, was on the investor call where they announced this number

      1 reply 0 retweets 0 likes
    6. Mattress_King‏ @purple_mattress Feb 24
      Replying to @celluscapital @willchalk12 and

      Not being a pessimist, just a realist. 7000 cars ain't much. The ford bronco had 190,000 pre orders. And Ford's stock is worth about the same as lucid now....

      1 reply 0 retweets 0 likes
    7. Cellus Capital‏ @celluscapital Feb 24
      Replying to @purple_mattress @willchalk12 and

      how much is the ford bronco?

      2 replies 0 retweets 0 likes
    8. Will‏ @willchalk12 Feb 24
      Replying to @celluscapital @purple_mattress and

      From $30k. But are we surprised that a company like ford has that many pre orders?

      1 reply 0 retweets 1 like
    9. Mattress_King‏ @purple_mattress Feb 24
      Replying to @willchalk12 @celluscapital and

      No I'm just presenting the facts. Ford has a single car with 190000 pre orders, lucid has multiple models with 7000 pre orders. Same market cap, Ford pays 5% dividend. Ford has billions in assets and lucid is just getting off the ground. Lucid has growing pains ahead. Dilution?

      1 reply 0 retweets 0 likes
    10. Will‏ @willchalk12 Feb 24
      Replying to @purple_mattress @celluscapital and

      Yeah ofcourse it will take time for lucid to grow, they're yet to deliver a single car. But who wants to own Ford shares lets be real?

      1 reply 0 retweets 1 like
      Mattress_King‏ @purple_mattress Feb 24
      Replying to @willchalk12 @celluscapital and

      I think Ford's a better play ATM. I need to dig more into lucid but they have lots of growing pains. Probably 5-7 years before a profit, regardless of the pro formas.

      10:53 AM - 24 Feb 2021
      0 replies 0 retweets 0 likes

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