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CCIV Merger

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Views: 144
Posts: 4
 
Rookie
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Joined: Dec, 2008
Posts: 539
Posted: #1

Anyone got any info on this? Will go to the moon if it merged with Lucid Motors

 
Covers Linesmen
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Joined: Feb, 2003
Posts: 56706
Posted: #2

That SPAC has already moved up almost 400 percent, I dont know how much more it would go up with that happening, the market is baking in this possibility already and what makes you think Lucid is worth a premium to the purchase price?

 
Rookie
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Joined: Dec, 2008
Posts: 539
Posted: #3

I think they’re a better looking EV car and I see them taking off, luxury

 
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56706
Posted: #4

I hope you didnt buy that SPAC, the valuation premium is being sucked out of CCIV tonight and it probably has further to go. I also read somewhere that Lucid is delaying production, but that might just be a rumor.

These valuations on Lucid and Spartan and others are no question signs of the top...10 B valuation on Lucid? Get out of here...

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