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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In september when the pipe investors can trade there shares, i think Lucid will give there forcast and expectations. Then i expect a huge climb of the stock because the massive amount of shares can be trade
When the symbol changed to lucid in June 30 the shares will convert and stay as its example 100 shares after the merger done it will be the same or not ?
$CCIV Jerry - I AGREE!!! It’s b.s. If everyone cut their losses, there would no nobody to short. Holding downs’t seem to get rewarded. Going long... building... not this year!! Pillaged. $GME exposed some manipulations and I thank them, as I took a huge loss in that mess, but gained valuable market insight. This is the next lesson. Well, they punish retail and long investors and bulls, so maybe a new strategy to show them that finger that counts is to cut losses and swing trade bitcoin until they realize they need to throw a few bones to us ‘insignificant’ investors. At some point, the raped and pillaged will find another way. For me, swing trading bitcoin may be the way. Calculating all my red positions and comparing it to what I could earn weekly. Think I may get to where I need to faster by pulling the plug and trying this idea. Too bad my broker doesn’t have BTC on their menu. Love you $TSLA$CHWY but maybe I need to make this move. You will know where I stand by the end of the day.
$CCIV panic selling never helps just help bears. $CCIV is has a very good prospect being an American EV car company which claim to produce better cars than $TSLA. The shares will shoot to $35 once they start delivery.