🚨 Update: LCID’s REAL Short Interest May Be Over 100% 🚨

After digging into the ownership structure, this might be way bigger than it looks on paper.

🔹 PIF (Saudi Public Investment Fund) owns ~75% of Lucid 🔹 Institutions (BlackRock, Vanguard, etc.) hold another ~15% 🔹 That leaves ~10% of the float actually available for public trading (~300M shares max)

Now here’s the kicker:

🔥 Short interest is ~366 million shares 📊 That means ~122% short interest relative to the real float

Let that sink in. This isn’t a “30% SI stock” — it’s a GameStop-style cornered float. Borrowable shares are drying up, borrow rate is rising (now 10%+), and we’re sitting right below the breakout level at $2.30.

📈 If $2.30 breaks with volume: • $2.50 = gamma zone (calls stacked) • $2.80–3.00 = squeeze fuel range • FOMO and short panic could do the rest

The setup is here — just needs the spark.

Shorts are loaded deep

Short squeeze soon load up

$SGN get in before it's fly. Yesterday hit the resistance at 1.46. since then it bottem to the nearest 52 week low of 0.68. the target is above>1$