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Okay so who is holding over night
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Timber on down the road!
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LMAOO just go back to Nio yalll
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Told you guys wailer in the day it closes at 42 AH almost there
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Not holding a position currently -but want to again because I do think Lucid will be sick. I owned holdings weeks ago and cashed out for profit knowing I could buy back in later.
What is going on??? Can someone explain, seriously. Thought this was a done deal w news. I knew most of the funds were already included into price if merger went through, but retracting? Again, confused -
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Nope more coming tomorrow retailers in RH will be out in the morning due to RH closing off trading at 3 pm pst. This will be down to 38 before the bell mark this post and then this will slide down to 30
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Not trying to bash but DAMN people gonna dump shares tomorrow I fear...
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Ouch....that’s gotta hurt
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That was some serious shorts! Now let’s see what happens after the lucid Twitter announcement!
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Ouch! Pipe at 15 and this was at 60 some one is losing there shorts tonight, good thing I have my short play in already
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$18.25 average. Who cares!!
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Down to 36 by tomorrow morning come to $SNPR Volta coming out soon and this will ballon to $40 in no time
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$CCIV: Read Mofos...And if you don’t understand what you just read. Then I can’t help you.
Lucid Motors to Go Public in Merger with Churchill Capital Corp IV, Bolstering Lucid's Vision to Redefine Luxury, Performance and Efficiency in the Sustainable Electric Vehicle Market
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Lucid's mission is to inspire the adoption of sustainable transportation by creating the most captivating luxury electric vehicles centered around the human experience
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Transaction provides additional growth capital as Lucid brings the over 500-mile range Lucid Air luxury electric sedan to market and expands rapidly to offer a broad range of electric vehicle products powered by Lucid's proprietary electric powertrain technology
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CCIV and Lucid are combining at a transaction equity value of $11.75 billion
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The transaction includes an approximately $2.1 billion cash contribution by CCIV and a $2.5 billion, fully committed PIPE with an investor lock-up provision that binds holders well beyond closing. The PIPE is priced at $15.00 per share (a 50% premium to CCIV's net asset value) with an implied pro forma equity value of $24 billion
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Game over! Sell and get out now!
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I knew it was going to happen