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.
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$CCIV- Be patient people the stock will come back. It’s already recovering in Germany..A stock that’s in such high demand is not going to stay down very long. Go back and look at $TSLA, AAPL, and $NIO they all had very weak opening. The hedge funds and mutual funds all will want piece of it. Keep your shares, it might be a tough couple of weeks but you will be very happy a few months from now.
You all are screwed . Lesson learned I hope all you newbies. It was a race to the merger, not an investment after. Much different. Price was factored . You deserve to lose for not knowing that. Soooo many wives are in the dark in this one, hahah
$CCIV-I bought $NIO at $2.38 last year when some of probably same people here was calling it a Chinese scam. I missed out on Tesla nine years ago listening to idiots like some of what I’m reading here tonight. I promise myself that will never happen again.
$CCIV-Why do people think that a 120 something institutions would put up billions of dollars to buy into a scam. I have thousands of shares in CCIV and not planning on selling anytime soon. When the institutions start selling then I will sell, until then, I’m holding. I saw the same shit with TESLA 9-10 years ago, and the same thing with $NIO just a year ago.
$CCIV-The bottom line is most people did not understand what they read and overreacted when they saw the $15 per share. They thought they were saying that the stock is worth only $15 a share. That’s why the stock market is really not for the average person. Most of you people really should be using a broker to invest for you. Spend no time educating yourself on what you’re buying. Just buying and selling blindly.
No position, thankfully
This didn’t just drop 5%, it dropped -30% AH. All while people scrambled and thought they were all set for +30% on news. Haha. Gotta love the market. Stocks go down w mergers these days people, common knowledge to pros (and know you hopefully). Sooooo many people in over their heads in this one. GL
You guys that made money, or lost a little can laugh at your fellow man all you want. Some of you seem happy that your brothers and sisters in this world lost their families money to billionaires. That’s so terrible. Wow, I’m starting to see the greed and evil arising from this casino now. I’m going to hold. I’ll be the first one to tell you that I made a mistake, at my three year old daughters expense. Your day will come. Now, I’m going to get back to work and pull myself out of this. I wish all of you well that lost money and I hope your families are ok.
Wealth transfer. You guys are needed for this wealth transfer. You buy high sell low and give the money to the billionaires. It’s how the world has been for since the beginning. To those that sold at above 60 and cashed in gains that’s what’s up.