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CCIV Merger

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Posts: 4

craig_334

Rookie

Joined: Dec, 2008

Posts: 539

Posted: Feb. 15, 2021 - 6:52 PM ET #1

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

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58462

Posted: Feb. 16, 2021 - 6:32 AM ET #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?

craig_334

Rookie

Joined: Dec, 2008

Posts: 539

Posted: Feb. 16, 2021 - 7:53 PM ET #3

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

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58462

Posted: Feb. 22, 2021 - 7:56 PM ET #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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