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Lucid Motors - CCIV - Recalculating - Technicals vs FundamentalsLucid Motors - CCIV - Recalculating - Technicals vs Fundamentals - From a technical standpoint, CCIV should return to close the gap around $50 after bouncing off the golden zone support. This is taking a long time for a company that is expected to increase in value with momentum. From a fundamental standpoint, Is the initial merger even complete? When will the symbol change from CCIV? There is no concrete delivery date for the first car deliveries. Each time they demo the car, they mention more improvements that need to be made. Then there's the elephant in the room. If the Lucid developers are from Tesla, will there be patent issues with the design and technology? Or is Tesla completely open source? Finally, from a speculative standpoint, if Apple is interested in Lucid, why wouldn't they purchase the entire company and cut out CCIV (is the CCIV merger final?)? We know Apple was interested in buying Tesla at one point. Basically Lucid needs some FIRM announcements to launch this stock to the next level. This is not financial advice.
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by PortfolioBuildersClub
1
CCIV - We need some positive newsAfter the reversal end of February, we are in dire need of big news from Lucid Motors. They need to deliver on their plan of making 20-30k cars in their new facility in Arizona. Leading up the the sell off/reversal, people were buying into the rumour. Until it sold off right after the news hit that the merger is going to happen. The stock needs some good catalyst from Lucid Motors and get their sales rolling ASAP. Otherwise, we are testing the $20 support too often, and could break and find a new box in the $16-$20 range. Doesn't seem like a good idea to hop in on hype because it already passed. We are left with actual implementation of their idea.
CShort
by modalinterchange
Churchill Capital - CCIV - Hitting the Buy Zone?Churchill Capital - CCIV - Hitting the Buy Zone? CCIV is closer to the value entry price? Keep in mind that there are a lot of obstacles still ahead for LUCID Motors. If they do not have solid plans, the other existing car manufacturers will start to reveal their electric cars. Yes, people will go for a luxury EV from a proven brand like Mercedes, Audi or BMW at the LUCID Dream price point. Also, The first EV company to reveal a sizable car priced between $20K to $30K may dominate sales(Tesla may be closer to delivering on this)? So time is of the essence for LUCID to establish its brand and truly become a car manufacturer and not just designers. As far as the stock and the price, we are closer to a better entry at this point? Not financial advice.
CLong
by PortfolioBuildersClub
2
CCIV - Churchill Capital- What is a fair price?CCIV - Churchill Capital- What is a fair pre-merger price? As investors pile into CCIV, we have to consider that there has not been an official Lucid Motors merger announcement. We also have to consider that other Tesla competitors that are already listed are at this same pre-merger price. NIO is at $54. Xpeng XPEV is at $41. GM is at $52. Meanwhile, CCIV, a company that is not in the automotive industry yet is priced at $58 already. Of course, market cap matters, but does CCIV have an edge on these other companies? All of this makes you think of whether some news or dilution of shares will happen. It is hard to think that CCIV will go above $100 before a merger is even announced. In todays world, anything can happen. I think we would all feel better if the merger is officially announced. Not Financial Advice.
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by PortfolioBuildersClub
4
CCIV Churchill Capital - 100% Gain potential?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
CLong
by PortfolioBuildersClub
1
Churchill Downs even with good news, is in a time to short CHDNAll the news looks positive here -BUT- Looking at the charts, even with the recent split, it all shows sell short. If you are in this stock long, it is time to sell now, and rebuy maybe in a few months. I am shorting CHDN right now, as it seems to hit its peak on the trend line, and I have 4 targets laid out for those that want to hold on longer than others I believe it could hit all 4 targets especially with people starting to watch their money at this time, until we hit the March Madness season and the actual Kentucky Derby race in May. Thoughts?
NASDAQ:CHDNShort
by jeffyanzo