As of July 23, 2021, Churchill Capital Corp IV was acquired by Lucid Motors USA, Inc., in a reverse merger transaction. Churchill Capital Corp IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
This topic has been deleted. Only users with topic management privileges can see it.
$CCIV was at $20 before we even knew there was a meeting today so you that say it will fall if no news comes out.... Sure but it will be right back to $20+ by AH today...... Your comments almost always contradict themselves or are not well thought through......
No news= $20 + by EOD
News= $40+ by EOD
Will is fluctuate...yep but if your doing something besides staring at your damn screen, it’s all about how it closes...
Shorts will dump shares in an attempt to trigger stop losses and continue a huge trickle down so they can exit their positions in the money. Whales will actually employee this tactic to gain more shares.
Example: whale has 1m shares. Dumps them, starts a cascade effect. Then buys back more than they sold once the rsi/MACD shows signs of turning back up.