CCIV Churchill Capital - 100% Gain potential? Double your Money? Rumor has it CCIV will merge with Lucid Motors to take it public. Rumors can be wrong. Lucid is the first EV based competitor who will deliver cars in the US later this year. Other EV makers such as NIO and XPENG XPEV are trading at 57.98 and 47.52 but have no immediate plans to deliver cars in the US. IF IF IF CCIV/Lucid performs the same as these companies, then a $50 stock price is reasonable. If CCIV goes to $25-26ish level then a double up play to 50ish will activate. This is not advice. Just food for thought.
Not Financial Advice!
Manifest your Success
Some people are in too much of a hurry to get rich.
It is more reasonable to take a year or 2 to grow an account to $1,000,000 by compounding.
The Secret of Compounding:
Double your money 10-15 times to get to 1million dollars over time
Plan:
Starting with capital you don't mind losing
Choose your trades carefully and execute with patients
Only risk 50% of your capital on each trade idea, if you hit your stop loss you only step back to the previous step
Starting with $1000
Step 1: $1000 X 2 = $2000
Step 2: $2000 X 2 = $4000
Step 3: $4000 X 2 = $8000
Step 4: $8000 X 2 = $16,000
Step 5: $16,000 X 2 = $32,000
Step 6: $32,000 X 2 = $64,000
Step 7: $64,000 X 2 = $128,000
Step 8: $128,000 X 2 = $256000
Step 9: $256,000 X 2 = $512,000
Step 10: $512,000 X 2 = $1,024,000
Starting with $100
Step 1: $100 X 2 = $200
Step 2: $200 X 2 = $400
Step 3: $400 X 2 = $800
Step 4: $800 X 2 = $1,600
Step 5: $1,600 X 2 = $3,200
Step 6: $3,200 X 2 = $6,400
Step 7: $6,400 X 2 = $12,800
Step 8: $12,800 X 2 = $25,600
Step 9: $25,600 X 2 = $51,200
Step 10: $51,200 X 2 = $102,800
Step 11: $102,400 X 2 = $204,800
Step 12: $204,800 X 2 = $409,600
Step 13: $409,600 X 2 = $819,200
Step 15: $819,200 X 2 = $1,638,400