Stock / option traders...
Stock / option traders...
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Up close to 25% since I posted. Kramer mentioned it tonight as well. I'm in for an uncomfortable amount of money. If the Lucid merger doesn't happen, might need someone to donate a few gift cards. That said, tomorrow is going to be a wild ride. 4951
Texasota : Im tempted to dip my toe in the water on CCIV. At $20 I might go for it.
Here's a good article about it
www.google.com/amp/s /investorplace.com/h ypergrowthinvesting/ 2021/02/lucid-m 4951
www.google.com/amp/s /investorplace.com/h ypergrowthinvesting/ 2021/02/lucid-m 4951
Why would you own $CCIV right now? You have a massive $2.5 BILLION dollar PIPE priced at $15 per share. What is going to happen to the share price, when pipe holders can dump shares at the market price and pocket the difference? Remember the common shareholders are the suckers in this deal. This SPAC if for the benefit of the institutions in the PIPE. 4951
@NOLA504 : Big institutions like the Saudi National Investment Fund, Fidelity, BlackRock and others received blocks of common shares of $CCIV at the guaranteed price of $15 regardless of the market price. This is a PIPE -- Private Investment in Public Equity. The SPAC does not have to tell the public that this PIPE is out there because who would own shares at over $15? This is why the price crashed from $60+ to $20ish. Wait until the PIPE is released and the shares dumped, after September 1, 2021. Hope this hopes. Good luck! 4951
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