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.
Lol this guy said this will be going to China. Chinese government has a stake in Nio. You think they will allow Tesla or lucid to beat nio. At any moment they can kick you out and that’s that.
Folks wait for this to bottom in around 30-35 maybe even 27-29. This hasn’t even been traded in regular trading days. Once people panic sell and dump hard you will see major selling pressure.
They haven’t sold 1 car. The other car companies are gonna sell electric cars. BMW Mercedes Toyota Nissan Lexus Ford Chevrolet Kia infinity Cadillac. People think these companies will be the only companies selling electric cars. How dumb can everyone be. You think Toyota won’t get electric cars trucks suvs. Mercedes will have electric. They already have electric. All hype in lucid.
CCIV: People thought they were saying that the stock only worth $15 per share that’s why they sold it off. They did read far enough that show the company is valued at $24 Billion.
People think the bottom has been established until they wake up tomorrow seeing it under 35 lol. The reason for the drop is 1. to screw everyone who bought high and force them to sell at a loss 2. So that the big boys get to buy in at lower prices. Watch it drop and drop. The bottom will be seen in a few days or a week or two from today
$CCIV-In 2009 soon after Tesla went public the stock was around $23 per share. Within a months or two it was over $300 per shares. The people that sold this stock prematurely will eventually regret it.