DenverCountryBoy
WKR
- Joined
- Jun 17, 2017
- Messages
- 1,272
CCIV is down today on a WSJ hit piece and a tweet from Walter Bloomberg that a deal is not imminent.
It's been known that a deal is not immediately imminent. Lucid is in talks with the Saudis about building a factory. Those talks need to wrap up before the SPAC merger DA happens.
I got in at $15 the day the CCIV/Lucid rumor broke. I'm holding and seeing how this plays out. If I didn't already have a position with a good cost basis, I probably wouldn't buy until there is a dip a couple days after the DA announcement.
It's been known that a deal is not immediately imminent. Lucid is in talks with the Saudis about building a factory. Those talks need to wrap up before the SPAC merger DA happens.
I got in at $15 the day the CCIV/Lucid rumor broke. I'm holding and seeing how this plays out. If I didn't already have a position with a good cost basis, I probably wouldn't buy until there is a dip a couple days after the DA announcement.

