Verified Investing on $LAZR (Nov 8, 2026)
LAZR is a buy almost anywhere under $550; below $530 is a bargain. After a 47% drop over 7 trading days, at least a bounce to $650 is expected, about $100 or 20% upside.
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Plan A is a long buyout of Luminar Technologies' LIT stock . It's hard to ignore the crash, the complete collapse that happened on Thursday in the markets, isn't it?
So, Plan A is to buy at LIT, Luminar Technologies, anywhere, almost anywhere, under $550. Any price below $530, in my opinion, is a bargain.
As for the upward target, look, the stock has been like this since Thursday, October 29th, meaning we're talking about 7 trading days, right? 7 trading days, and the stock is low in what?
47%? Isn't that so? Therefore, since the reason is the possibility of a bounce to at least $650 , a bounce of at least $100 , that is about a 20% upward move.