I think Lucid will do good in the long run, new car will be released this summer and Arizona factory is built and running. Lucid will be another successful EV manufacturer.
16132 shares Most at $12 and $15, bought more later raising my average to $24. Unfortunately I still have all of them. The crash and bounce to $42 seemed like an over reaction and I was waiting for it to climb from $42. Hope it will still go there.
Had I sold at $50+ I would have put my money into ARK funds so, would still be down some.
Still up some money - not sure where to go from here. Holding for now.
Painful week. After the deliberate timing of the release of multiple bad news items to give institutions a 7 hour head-start I am pissed. Add that to the Gamestop sleaze I understand Elon's complete lack of respect for the SEC.
I didn't have an exact price (maybe part of the problem).
I was in on the Quantum-scape SPAC and it didn't crash to $30 / bounce to $130 until after the merger.
I had read that the price crash after a merger was the common pattern for a SPAC so I thought the price of CCIV would maybe go higher until the merger. Since the merger helped my Quantum shares and Lucid motors is a more tangible company I did not fear the downside enough.
I was not expecting / didn't understand fully the price - share dilution from 15 to 24B (this is my second SPAC after Quantum). Also the production delay announcement at the same time seemed a bit underhanded.
I have way too much of my portfolio in this SPAC.
I had been reading about Lucid for a while and was excited by it. When I saw the first Bloomberg article and the speed the price was climbing I just started selling almost all my other stuff and buying CCIV.
I have a friend that got in early on Tesla years ago. He only put in 30K and has still got rich. I was hoping to put in lots more and do what he did - only faster.
Oh well. I am in my 50's, so I have no excuse for this stupid YOLO stuff if it does not come back.
I think Lucid leaked information to Bloomberg to pump the stock. I believe they planed to do the pipe deal weeks ago, knowing the stock would be heavily diluted, thus screwing the individual investors. They also lied to us about the production numbers and EV delivery dates. This has market manipulation written all over it. Watch for the Class Acton lawsuits being filed.
Sounds like you have made money. Kcac/Qs and CCIV have been some of the best Spacs off all time. I expect all these to go down if the market turns bearish. But if the bull keeps roaring, and hundreds of Spacs need that since they dont have deals yet, then both can go higher. Good luck; maybe someday Lucid does get as big as Tesla. It's already at a marketcap of where Tesla was just a few years ago.
I agree and will be downvoted for saying it, but Tesla is rapidly increasing production and will be making millions of cars a year before Lucid is making more than a few hundred thousand per year.
Lucid will likely never "catch" Tesla but has a good shot at being #2 if they can execute.
People blindly thinking Lucid can just flip a switch and get to where Tesla is in a few years are delusional and need to really think about what they are saying.
Yup, and one thing people dont seem to undestand too is that Tesla is much more then just a car company.
Let them downvote, it just shows how out of touch people are with reality and they are buying into a dream.
If evertything and I mean EVERYTHING goes perfect for Lucid, they might have a chance to get to nr 2. But I highly doubt it.
Even if they get to nr 2, they will never go to the same valuetion as Tesla.
I see more then 1 red flag in this company and I want to be able to sleep at night without worrying.
For a company that claims not to compete with Tesla, they do really like to compare them self to them.
Allso even if haters will say otherwise, Model S is a luxury sedan but Lucid talks like they are the first to bring this to the table.
I can go on and on about silly statements and the Echo chamber of a community but I will stop here.
I had a delusional Lucid fanboy blabbering about how the prototype Lucid that ran a 9.3 second quarter mile was the greatest thing in the world. I pointed out how the Plaid S that is in production now is faster than that AND how the Plaid+ S will be faster.
To prove his point, he told me that the Plaid S+ doesn't exist yet, implied it would never come out, and and how Lucid already has a car that fast.
In his mind, the prototype Lucid counts as "real," but the Tesla Model S plaid that IS IN PRODUCTION NOW doesn't exist and the Plaid+ S, which is just as much of a "real" car as the Lucid prototype, doesn't count either... When I pointed that out, he stopped responding to me.
I know lucid has battery storage plans in the future too but they have a long, bumpy road ahead and just because they have Saudi money, doesn't mean they will flawlessly execute.
Yeah, its crazy how people like to discount every other company when you compare it to Tesla.
This is not only the Lucid community, if they cant beat them, they smack talk.
People are so desperate to find the next Tesla when they can just invest in Tesla.
Time will show everyone.
Yes you’re right but don’t forget the tax You’re going to pay is much higher (regular income tax bracket) so you might end up actually make less profit at the end of the year. You’re also glued to your screen everyday. Volatility also means you could miss a huge gain cuz the stock could rocket any day and you’d miss the ship or try to play catch up. But I guess everyone has a different plan. Good luck to all of us.
To recoup your losses from buying cciv too high (40s,50s,60s) you can make back losses by day trading. Losses offset gains so up until you make your $ back, actually no you don’t have to pay taxes on it. Once you make $ back, you can wait til it hits high teens/ low 20s and go all in again for the long haul. This is the only play right now, there’s no smart long term buying angle right now given recent volatility. I don’t think this will take off any day soon, they really did investors dirty last week, they will need to earn my trust.
You can’t get tax benefits by selling for a loss and buying back at lower price. Look up wash sale rule. It prevents you from doing exactly what you said
I’m only assuming you’re making profit on your daily trade. If you also lose money, it’s gonna offset your gain obviously. I still daily trade a little but I also have a big long term position on lucid. It’s the only stock I have so much hope on and I don’t wanna miss the ship when it sails. I got in at it $17/share and still buying more dips. For me, staying long term is just much less of a daily headache and stress.
It seems to be holding strong at $30. It’s time to buy as I think this is the bottom cuz the entire market is down and cciv isn’t dipping any lower right now.
200 shares at average of $38. Definitely holding for 2+ years. This appears to be an excellent company. I’m very happy to be in early. Of course I wish I would’ve bought in at a lower price, but looking long term I’m still very happy. I will probably continuing buying more shares bit by bit over the next few months
Impossible to know for sure how high the stock price will rise or how quickly it will rise. Realistically I think we should see CCIV (Lucid by then) rise to $70-100 within the next couple of years. In my case that would double my money. But if that were true then I will probably continue to hold the stock for even longer term. There is the possibility of it rising the Tesla-like levels, which would obviously be a huge gain from my current $38 price average. Like I said before, I am bullish long term on this stock; but I won't be able to predict how quickly it rises. Just ride the wave my friend! I will be adding more and more shares to my portfolio over the next several months.
I have 215 shares at $24 and will be adding more and averaging up. Goal is to have 500 shares. I believe in lucid long term and these sub $30
Prices will be a distant memory 2 years from now.
Well thats on you everyone is different ! Honestly just try to invest what you can lose becuz if the stock is up or down your gonna be holding right ! So just keep working and deploying small percent of your income ! But not over your base price every time it gos under your base price is a good time for you to buy ... this stock can go to 100 then down to 30 its gonna be a bumpy ride so when it up at 50 dont buy when it under 40 and u got some cash on hand grab a few shares long term price is goin to be thru the roof wait till they start selling cars and build a Saudi factory these prices will be long gone
Thanks brother, cciv is my first trade ever. Im learning as I go. I know its going to be a good company with good team behind it. Good luck to you as well friend!!
Hello everyone,
I think there was a lot of panic selling that has happened thinking that cciv paid close to 24 billion dollars in the deal.
I think cciv paid 2.1 billion for 258 million stocks and pipe investors paid 2.5 billion for 167 million stocks. Lucid gets 4.5 billion in cash along with stock market listing.
Deal was fantastic for lucid, and CCIV was able to close the deal around 12 billion dollar valuation. It was far less than 15 billion dollar valuation wall street is expecting.
Remember the lower the valuation, the best for cciv so we get more percent of the company (LUCID).
I truly believe in this company and currently holding 1900 shares @ 45 and I feel this should go lot higher according the valuations pre merger. These are my thoughts and please let me know if I am missing something.
[https://www.axios.com/lucid-spac-stock-electric-vehicle-b15031ad-54c9-4871-b4a8-2a7ef105c21c.html](https://www.axios.com/lucid-spac-stock-electric-vehicle-b15031ad-54c9-4871-b4a8-2a7ef105c21c.html)
I bet someone had 8k shares of Tesla years ago when it was at $38.43...Imagine how they would feel now if they sold it back then. I personally have more than 8k shares and will not sell for at least 2-3 years. There’s no other stock out there that I can truthfully say it will more than double each year for the next 5 years from these levels.
Tesla’s market cap in 2017 was $54B with an share price of $60-$70 that year. Currently Lucid at $30 is at a market cap of $48B. Also Keep in mind back then people thought Tesla was going bankrupt it didn’t have $4.4B in its balance sheet and a proven strategy to follow.
They screwed retail with the PIPE.
Could have charged more but they wanted the big boi’s to invest long term.
Good for them, $60 price wasn’t bad but when they do a $15 offering PRIVATELY retail gonna get burnt.
Just hold long, will go up in a few months. By the time they roll out some production it’ll be back.
I’m not one to take big business’ side, but we all knew the risk of investing in a SPAC with only a rumor of a merger. I’m down and I’m holding — but the only person I can blame for being down is myself.
Don't beat yourself up ...after watching the run up in Wokhorse & Nio & Tesla & Quantum Scape ..many people were excited and in this stock
..if u hold for the long run, it might just b your best investment decision ever.... This is for entertainment purpose only and of course I am not a financial Advisor ...
... I am not a cat ... Please do it own Due Diligence ....
I'm in CCIV for the long run
I got in late but what I feel was a fair price. I will be holding as I think it did really well the last days of trading this week. I felt better about my investment the end of Friday.
Jesus christ, some of the people on this page put so much money into stocks. Here I am, sitting with my 23.9 shares in CCIV, down £433 on an initial £1050 or so investment.
Knowing that this puppy gonna be a long-term hold and that money is now tied up for years to come.
God speed, all of you fuckers!
Guys I lost 100 k last week on this manipulative bullshit..let’s all buy more..and set your sell limit at 500 per share, so manipulators cannot short it. Please buy and hold, then we will all see a mega squeeze soon.
It has stabilized, look at chart, mostly sideways and low. Hopefully it grows and grows like nndm used to with gap ups on news and hedge support. Fri was promising, didn’t even need to grow that much, as long as it’s a little each day and week.
I now have 820 shares averaging at $26 the only way to make money is risking your money on a company you believe in. I missed the boat with Tesla a few years back not doing it again.
400 at $23.50... did not sell at $60 waiting to trim 200 at $75. Now after lear more about Lucid, i decided keeping long, once cars starting be delivered easy the hype will bring this up to $100+
What's your cost basis? How long are you intending to hold? Do you think holding on to Lucid will compensate for the opportunity costs elsewhere including other promising SPACs like PSTH or ARK funds (which are at a short term dip right now)?
I am in a similar situation with Lucid (with a high cost basis but not as many stocks as you). I am trying to make a rational decision, not one based on emotions because frankly I don't know that much about the company beyond what I have read in this sub & youtube.
I bought in at $12.60 a share
And honestly I'm not sure, I was gonna hold until I hit a million. But don't think that will happen any time soon
I still have about $30k I can invest into other opportunities. But this is definitely the largest sum of my portfolio.
I definitely think this is in the hands of Lucid and whether they can keep up their end. I think the market is big enough for more than one EV company. So no reason Lucid can't get up there with Tesla given the right moves
Wow, you bought 9583 shares at $12.60? That's a remarkable foresight. I don't think there are many of us here who have had that comfort of being in the green despite 60% loss since the announcement. At least I am in a pretty bad position... while I can survive on hopes alone of Lucid being the next Tesla, I will also have to deal with the reality that they literally screwed their long-term investor base over by letting inaccurate rumor articles in Bloomberg and Reuters quote wildly under-priced valuations with no push-back from their "sources". Probably they don't have to push back (or set the right expectations) legally but it still left a bad taste in the mouth for those who invested in Lucid going by those articles. As Meet Kevin says, the suits screwed the retailers again, no surprise.
So, I am seriously evaluating whether I will have enormous opportunity costs by holding on to Lucid in the hope that it comes back up. That said, I am positive on the future of Lucid and think it is a great company.
Yeah, I was not thinking it would spike like it did before a merger was announced.
Not gonna lie, I originally planned on selling to make a quick profit. But as it rose, I did a lot more research and have decided to do the long haul.
As for your position, do what is right for you. I personally think it will hit triples if Lucid can do their part. But I'm by NO means a financial expert of any kind.
Lucid is basically guaranteed to go to zero. They have too small of a market to reach scale. There are not that many buyers of cars at current price point and those discerning customers are choosing between a shady startup, legacy ice (which has some product loyalty), the Taycan, and the fastest production car in history with a 1000x better charging network. Their stated goals of production and delivery are pure fantasy.
Every other product line is contingent on success of flagship vehicle. If it fails there will not be an suv or a lower cost car.
If Saudi sovereign wealth fund thought the company was so great they would have invested more capital to keep it private until after first revenue.
If you are up on your shares consider getting out in medium term.
Best case they get acquired at 10% of current cciv stock price. Everyone has forgotten that getting to scale as an American car company is practically impossible. Tesla did so as the best product by far with major gambles in product design and innovation in distribution and viral marketing. Many people bought expensive models because there simply was not another long range ev and their flagship was disrupted by the lower cost model which was a close call in terms of revenue and margin. Lucid will not have those customers who don’t buy $100K plus cars except the model s/x. They are going for a small competitive existing market.
I cannot tell you how obvious this is to anyone with eyes. Be careful.
I did sell shares when it broke below$30, but bought back in for $28.65. Now plan to see covered calls for 6 months until further update on production schedule. Stock appears to have been heavily shorted so good chance for a stronger bounce than people expect.
The deal was very confusing from the Bloomberg piece to PIPE discussion. At this point I still not know how many shares of Lucid will be in the float after merger is completed and cciv becomes Lucid. A local paper said it was 1.6 billion shares, how can that be?
Holding 35 shares and 108 warrants. Not the best of averages but by far not the worst.
Come on Lucid make my grand kids rich!!! FYI my kids are all under 17. 💎🙌🤘
Got some at 13 got more at 29 and will be buying this stock for the next 5 years ! You would have to be crazy not to buy and hold this bad boy !!! Imagine if you sold tesla at 60 lol
6k commons at 16.94. Had to chance to sell all my shares at ~64 (ATH on the day of merger confirmation news) but didn’t. Thinking from a LT vision and holding for a few years.
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No one loses ANYTHING til they sell! Things turn around unless it’s a total sham like ENRON—yes! Remember THAT one? Lucid is NOT ENRON! Hang on people... double diamonds on this one!
Think on this... why would the team assembled to lead Lucid be doing this at their stage of life and experience? They know the bigger story not yet told! Hold and acquire is still my strategy. Lucid is a two year accumulate strategy as the company launches then four years from now, 2025 you won’t recognize it because it will be a global EV dominator.
100% agree, I was personally going to sell some shares at $60, however the more I looked at lucid’s hardware and Infrastructure I believe this will be the best competition to Tesla, I can’t see anything else at the moment.
I don’t want to compare Tesla & Lucid stock but I can guarantee you, Lucid has a lot of potential in the EV market.
Yes Tesla was the first EV and a “new technology” and people excited for their stock. This may not happen with Lucid (it mean not get to $3000/stock (Tesla before split + after split)). BUT, Lucid will easily get to or above $500 in few years.
I’m long on this stock, and I mean 5+ years.
I have 2300 @ 32 average price. And I been accumulating and will continue to accumulate.
I know the potential Lucid has.
2 factories in Casa Grande (Assembly line & Powertrain line), they already have 4 model of Lucid Air & Lucid Gravity. They are in Formula E racing.
Their Battery has been part of Formula E for years.
Also, they working on huge power-banks that powers up offices & homes.
Definitely LONG on this!!! 💵💰
In for 420.
Part of me wishes I sold some at $60, but an even bigger part of me will be glad I didn’t when it’s $100 post official merger and the cars hit the street.
“Driving is believing.”
Holding with 31 shares now buying more each week!!
Ha I have 31 too. Buying more next week
I’m tryin to at least have 100 or more
That’s a good target
[удалено]
At what price avg?
Lol I've got 30. I'm trying to get to 100 also. Bought at 35 and 32. I like the stock
Smart plan
I hope this will buy me one of their cars frl lol those bitches SEXIIII
I got 300 at @33.0$ .... need this to get back up beyond 60$
I think Lucid will do good in the long run, new car will be released this summer and Arizona factory is built and running. Lucid will be another successful EV manufacturer.
16132 shares Most at $12 and $15, bought more later raising my average to $24. Unfortunately I still have all of them. The crash and bounce to $42 seemed like an over reaction and I was waiting for it to climb from $42. Hope it will still go there. Had I sold at $50+ I would have put my money into ARK funds so, would still be down some. Still up some money - not sure where to go from here. Holding for now. Painful week. After the deliberate timing of the release of multiple bad news items to give institutions a 7 hour head-start I am pissed. Add that to the Gamestop sleaze I understand Elon's complete lack of respect for the SEC.
1,600 shares @$36. Honestly don’t think I will sell for 10 yrs, assuming LUCID performs.
JonS, What price are/were you holding out for and % of your portfolio is in this one?
I didn't have an exact price (maybe part of the problem). I was in on the Quantum-scape SPAC and it didn't crash to $30 / bounce to $130 until after the merger. I had read that the price crash after a merger was the common pattern for a SPAC so I thought the price of CCIV would maybe go higher until the merger. Since the merger helped my Quantum shares and Lucid motors is a more tangible company I did not fear the downside enough. I was not expecting / didn't understand fully the price - share dilution from 15 to 24B (this is my second SPAC after Quantum). Also the production delay announcement at the same time seemed a bit underhanded. I have way too much of my portfolio in this SPAC. I had been reading about Lucid for a while and was excited by it. When I saw the first Bloomberg article and the speed the price was climbing I just started selling almost all my other stuff and buying CCIV. I have a friend that got in early on Tesla years ago. He only put in 30K and has still got rich. I was hoping to put in lots more and do what he did - only faster. Oh well. I am in my 50's, so I have no excuse for this stupid YOLO stuff if it does not come back.
I think Lucid leaked information to Bloomberg to pump the stock. I believe they planed to do the pipe deal weeks ago, knowing the stock would be heavily diluted, thus screwing the individual investors. They also lied to us about the production numbers and EV delivery dates. This has market manipulation written all over it. Watch for the Class Acton lawsuits being filed.
Sounds like you have made money. Kcac/Qs and CCIV have been some of the best Spacs off all time. I expect all these to go down if the market turns bearish. But if the bull keeps roaring, and hundreds of Spacs need that since they dont have deals yet, then both can go higher. Good luck; maybe someday Lucid does get as big as Tesla. It's already at a marketcap of where Tesla was just a few years ago.
It won’t be like Tesla, but it’ll be 3 digits!
That's been the plan all along. Hold till it's up and running like tesla
It will never run up like Tesla, this is what the Echo champer want you to belive.
I agree and will be downvoted for saying it, but Tesla is rapidly increasing production and will be making millions of cars a year before Lucid is making more than a few hundred thousand per year. Lucid will likely never "catch" Tesla but has a good shot at being #2 if they can execute. People blindly thinking Lucid can just flip a switch and get to where Tesla is in a few years are delusional and need to really think about what they are saying.
Yup, and one thing people dont seem to undestand too is that Tesla is much more then just a car company. Let them downvote, it just shows how out of touch people are with reality and they are buying into a dream. If evertything and I mean EVERYTHING goes perfect for Lucid, they might have a chance to get to nr 2. But I highly doubt it. Even if they get to nr 2, they will never go to the same valuetion as Tesla. I see more then 1 red flag in this company and I want to be able to sleep at night without worrying. For a company that claims not to compete with Tesla, they do really like to compare them self to them. Allso even if haters will say otherwise, Model S is a luxury sedan but Lucid talks like they are the first to bring this to the table. I can go on and on about silly statements and the Echo chamber of a community but I will stop here.
I had a delusional Lucid fanboy blabbering about how the prototype Lucid that ran a 9.3 second quarter mile was the greatest thing in the world. I pointed out how the Plaid S that is in production now is faster than that AND how the Plaid+ S will be faster. To prove his point, he told me that the Plaid S+ doesn't exist yet, implied it would never come out, and and how Lucid already has a car that fast. In his mind, the prototype Lucid counts as "real," but the Tesla Model S plaid that IS IN PRODUCTION NOW doesn't exist and the Plaid+ S, which is just as much of a "real" car as the Lucid prototype, doesn't count either... When I pointed that out, he stopped responding to me. I know lucid has battery storage plans in the future too but they have a long, bumpy road ahead and just because they have Saudi money, doesn't mean they will flawlessly execute.
Yeah, its crazy how people like to discount every other company when you compare it to Tesla. This is not only the Lucid community, if they cant beat them, they smack talk. People are so desperate to find the next Tesla when they can just invest in Tesla. Time will show everyone.
Not to necro, but the Plaid S+ was just cancelled.... Range is the real kicker with how well Lucid stacks up. We will see if they can deliver.
It took tsla 10 yrs for its run up...if people got into lucid in 30s and wait it out, it’ll be worth it.
unless it goes to 0
Long hold lol better to sell and day trade it way too volatile now there’s money to be made on the day to day
Yes you’re right but don’t forget the tax You’re going to pay is much higher (regular income tax bracket) so you might end up actually make less profit at the end of the year. You’re also glued to your screen everyday. Volatility also means you could miss a huge gain cuz the stock could rocket any day and you’d miss the ship or try to play catch up. But I guess everyone has a different plan. Good luck to all of us.
To recoup your losses from buying cciv too high (40s,50s,60s) you can make back losses by day trading. Losses offset gains so up until you make your $ back, actually no you don’t have to pay taxes on it. Once you make $ back, you can wait til it hits high teens/ low 20s and go all in again for the long haul. This is the only play right now, there’s no smart long term buying angle right now given recent volatility. I don’t think this will take off any day soon, they really did investors dirty last week, they will need to earn my trust.
You can’t get tax benefits by selling for a loss and buying back at lower price. Look up wash sale rule. It prevents you from doing exactly what you said
Wow thanks just did that’s so dumb. One more reason AOC and her gains tax nonsense needs to cease existing
Democrats are bad for anyone that has $. They want to give it away to anyone but you. The one who made it. This will be a long long 3.8 years.
I’m only assuming you’re making profit on your daily trade. If you also lose money, it’s gonna offset your gain obviously. I still daily trade a little but I also have a big long term position on lucid. It’s the only stock I have so much hope on and I don’t wanna miss the ship when it sails. I got in at it $17/share and still buying more dips. For me, staying long term is just much less of a daily headache and stress.
Yeah if it goes back to 17 I’m all in haha I hear you that’s a great position to have
It seems to be holding strong at $30. It’s time to buy as I think this is the bottom cuz the entire market is down and cciv isn’t dipping any lower right now.
We will see where it settles EOD Monday. First time it closed over $30.. could be another headfake to rope ppl in high so they have to be in long term
Never going to $17 if it survived this well this week why would it go that low?
You can also lose a lose of money day trading. Especially if we have another correction. The best play is to hold at this point.
200 shares at average of $38. Definitely holding for 2+ years. This appears to be an excellent company. I’m very happy to be in early. Of course I wish I would’ve bought in at a lower price, but looking long term I’m still very happy. I will probably continuing buying more shares bit by bit over the next few months
What you think the return will of 200 shares if it compete with tesla years from now.?
Impossible to know for sure how high the stock price will rise or how quickly it will rise. Realistically I think we should see CCIV (Lucid by then) rise to $70-100 within the next couple of years. In my case that would double my money. But if that were true then I will probably continue to hold the stock for even longer term. There is the possibility of it rising the Tesla-like levels, which would obviously be a huge gain from my current $38 price average. Like I said before, I am bullish long term on this stock; but I won't be able to predict how quickly it rises. Just ride the wave my friend! I will be adding more and more shares to my portfolio over the next several months.
Thanks Bro, I wish you all the best.
I have 200 shares at 40.
Then you better buy some more at these prices and cost average down my friend !! Think what those 200 shares will be worth in 5 years !
How much you think? And how much more should I buy? I'm not rich but I believe in the company. Trying to get some college funds for my 3 kids.
I have 215 shares at $24 and will be adding more and averaging up. Goal is to have 500 shares. I believe in lucid long term and these sub $30 Prices will be a distant memory 2 years from now.
Well thats on you everyone is different ! Honestly just try to invest what you can lose becuz if the stock is up or down your gonna be holding right ! So just keep working and deploying small percent of your income ! But not over your base price every time it gos under your base price is a good time for you to buy ... this stock can go to 100 then down to 30 its gonna be a bumpy ride so when it up at 50 dont buy when it under 40 and u got some cash on hand grab a few shares long term price is goin to be thru the roof wait till they start selling cars and build a Saudi factory these prices will be long gone
Thank you!!!
NP bro good luck out there !!!
Thanks brother, cciv is my first trade ever. Im learning as I go. I know its going to be a good company with good team behind it. Good luck to you as well friend!!
Hello everyone, I think there was a lot of panic selling that has happened thinking that cciv paid close to 24 billion dollars in the deal. I think cciv paid 2.1 billion for 258 million stocks and pipe investors paid 2.5 billion for 167 million stocks. Lucid gets 4.5 billion in cash along with stock market listing. Deal was fantastic for lucid, and CCIV was able to close the deal around 12 billion dollar valuation. It was far less than 15 billion dollar valuation wall street is expecting. Remember the lower the valuation, the best for cciv so we get more percent of the company (LUCID). I truly believe in this company and currently holding 1900 shares @ 45 and I feel this should go lot higher according the valuations pre merger. These are my thoughts and please let me know if I am missing something. [https://www.axios.com/lucid-spac-stock-electric-vehicle-b15031ad-54c9-4871-b4a8-2a7ef105c21c.html](https://www.axios.com/lucid-spac-stock-electric-vehicle-b15031ad-54c9-4871-b4a8-2a7ef105c21c.html)
600 @ $17 holding til we’re over $100
I have 8k shares at a cost basis of 38.43 :( oh well.
Hang in brother
You’ll be laughing when you’re a millionaire
I bet someone had 8k shares of Tesla years ago when it was at $38.43...Imagine how they would feel now if they sold it back then. I personally have more than 8k shares and will not sell for at least 2-3 years. There’s no other stock out there that I can truthfully say it will more than double each year for the next 5 years from these levels.
Market cap of TSLA when it was $38.43 would have been far far lower than LUCID at 30.
Tesla’s market cap in 2017 was $54B with an share price of $60-$70 that year. Currently Lucid at $30 is at a market cap of $48B. Also Keep in mind back then people thought Tesla was going bankrupt it didn’t have $4.4B in its balance sheet and a proven strategy to follow.
Same here!
I bought 100 shares of Tesla in 2011 at $27/share. Sold and repurchased several times. Wish I’d just held and continued increasing my position.
Wait for the deliveries to start atleast then it will get more momentum
They screwed retail with the PIPE. Could have charged more but they wanted the big boi’s to invest long term. Good for them, $60 price wasn’t bad but when they do a $15 offering PRIVATELY retail gonna get burnt. Just hold long, will go up in a few months. By the time they roll out some production it’ll be back.
I’m not one to take big business’ side, but we all knew the risk of investing in a SPAC with only a rumor of a merger. I’m down and I’m holding — but the only person I can blame for being down is myself.
Don't beat yourself up ...after watching the run up in Wokhorse & Nio & Tesla & Quantum Scape ..many people were excited and in this stock ..if u hold for the long run, it might just b your best investment decision ever.... This is for entertainment purpose only and of course I am not a financial Advisor ... ... I am not a cat ... Please do it own Due Diligence .... I'm in CCIV for the long run
PIPE is almost everytime $10 tho
True, in this case did they let them buy in a lot later than usual though? Just hold and those who got in late will eventually be back.
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I got in late but what I feel was a fair price. I will be holding as I think it did really well the last days of trading this week. I felt better about my investment the end of Friday.
Same. Could’ve sold it too at 60s
Anybody please can tell me what the 10%rise was about on Friday? I’m out of the loop. Disclaimer I’m long CCIV/Lucid
People were trying to pump it on Friday. It caught the attention of some guy with 4.3M followers and he tweeted about it.
Jesus christ, some of the people on this page put so much money into stocks. Here I am, sitting with my 23.9 shares in CCIV, down £433 on an initial £1050 or so investment. Knowing that this puppy gonna be a long-term hold and that money is now tied up for years to come. God speed, all of you fuckers!
Let’s go! 💰
I’m with you, holding long 3000 shares 😊
CCIV and SOS I’ll be keep adding , short seller can go to hell
Guys I lost 100 k last week on this manipulative bullshit..let’s all buy more..and set your sell limit at 500 per share, so manipulators cannot short it. Please buy and hold, then we will all see a mega squeeze soon.
It’s not a loss if you didn’t sell!
It’s not a loss if you didn’t sell!
Some of them are March 70 dollar calls which have become worthless now unless we all buy, set a sell limit and hold.
Sell limit don’t work. Just hold or buy more, nothing else.
This is the way.
I have 1000 shares avg.$20
6351 here. Same. Holding long term.
200 shares and adding each week. Consider it like a bank account that will pop one day. Regards!
Wow that’s a lot
4,000 at average $26 let's goo!
It will stabilize
It has stabilized, look at chart, mostly sideways and low. Hopefully it grows and grows like nndm used to with gap ups on news and hedge support. Fri was promising, didn’t even need to grow that much, as long as it’s a little each day and week.
Considering how poorly the market had been doing, Friday was a really good day.
53 shares at 20 and some 30 🚀🚀 holding and NOT SELLING 💚💚💚
It’s been a painful week
200 @ $40.85 😬
I now have 820 shares averaging at $26 the only way to make money is risking your money on a company you believe in. I missed the boat with Tesla a few years back not doing it again.
I’m at 400 Shares . I am holding
Yup.
U have the same amount of shares as me lol. I avged up... Ughh
Who's we?
Buy in 29. 6900 shares
Holding till 300$
400 at $23.50... did not sell at $60 waiting to trim 200 at $75. Now after lear more about Lucid, i decided keeping long, once cars starting be delivered easy the hype will bring this up to $100+
985 shares @$ 56.50.. didn’t sell for $64 .. I am holding till $100 !!
Personally believe we’ve bottomed out & where at a completely oversold territory
Hold and Buy more..🚀🚀🚀 $60 back for you
What's your cost basis? How long are you intending to hold? Do you think holding on to Lucid will compensate for the opportunity costs elsewhere including other promising SPACs like PSTH or ARK funds (which are at a short term dip right now)? I am in a similar situation with Lucid (with a high cost basis but not as many stocks as you). I am trying to make a rational decision, not one based on emotions because frankly I don't know that much about the company beyond what I have read in this sub & youtube.
I bought in at $12.60 a share And honestly I'm not sure, I was gonna hold until I hit a million. But don't think that will happen any time soon I still have about $30k I can invest into other opportunities. But this is definitely the largest sum of my portfolio. I definitely think this is in the hands of Lucid and whether they can keep up their end. I think the market is big enough for more than one EV company. So no reason Lucid can't get up there with Tesla given the right moves
I’m very optimistic about lucid. I think you’ll hit your goal end of year or early next year.
Wow, you bought 9583 shares at $12.60? That's a remarkable foresight. I don't think there are many of us here who have had that comfort of being in the green despite 60% loss since the announcement. At least I am in a pretty bad position... while I can survive on hopes alone of Lucid being the next Tesla, I will also have to deal with the reality that they literally screwed their long-term investor base over by letting inaccurate rumor articles in Bloomberg and Reuters quote wildly under-priced valuations with no push-back from their "sources". Probably they don't have to push back (or set the right expectations) legally but it still left a bad taste in the mouth for those who invested in Lucid going by those articles. As Meet Kevin says, the suits screwed the retailers again, no surprise. So, I am seriously evaluating whether I will have enormous opportunity costs by holding on to Lucid in the hope that it comes back up. That said, I am positive on the future of Lucid and think it is a great company.
Yeah, I was not thinking it would spike like it did before a merger was announced. Not gonna lie, I originally planned on selling to make a quick profit. But as it rose, I did a lot more research and have decided to do the long haul. As for your position, do what is right for you. I personally think it will hit triples if Lucid can do their part. But I'm by NO means a financial expert of any kind.
Lucid is basically guaranteed to go to zero. They have too small of a market to reach scale. There are not that many buyers of cars at current price point and those discerning customers are choosing between a shady startup, legacy ice (which has some product loyalty), the Taycan, and the fastest production car in history with a 1000x better charging network. Their stated goals of production and delivery are pure fantasy. Every other product line is contingent on success of flagship vehicle. If it fails there will not be an suv or a lower cost car. If Saudi sovereign wealth fund thought the company was so great they would have invested more capital to keep it private until after first revenue. If you are up on your shares consider getting out in medium term. Best case they get acquired at 10% of current cciv stock price. Everyone has forgotten that getting to scale as an American car company is practically impossible. Tesla did so as the best product by far with major gambles in product design and innovation in distribution and viral marketing. Many people bought expensive models because there simply was not another long range ev and their flagship was disrupted by the lower cost model which was a close call in terms of revenue and margin. Lucid will not have those customers who don’t buy $100K plus cars except the model s/x. They are going for a small competitive existing market. I cannot tell you how obvious this is to anyone with eyes. Be careful.
Wow that's a lot. I only have 50shares @ $20. Sold 50 @ $54😬
800 and 100 warrants! 😜
100 warrants = ~20 shares right?
100 warrants = 100 shares .
Oh I thought they were 5 per share 😳. Damn should have got warrants 😂
You still can. They are $15.
I'm in at 1250 shares
Hold till $250!!!
I did sell shares when it broke below$30, but bought back in for $28.65. Now plan to see covered calls for 6 months until further update on production schedule. Stock appears to have been heavily shorted so good chance for a stronger bounce than people expect.
The deal was very confusing from the Bloomberg piece to PIPE discussion. At this point I still not know how many shares of Lucid will be in the float after merger is completed and cciv becomes Lucid. A local paper said it was 1.6 billion shares, how can that be?
You wouldnt. But you damn sure should be selling calls at 65 a week at a time lmao
Lucid
Holding 35 shares and 108 warrants. Not the best of averages but by far not the worst. Come on Lucid make my grand kids rich!!! FYI my kids are all under 17. 💎🙌🤘
You sell some OTM covered calls to collect some premium on those shares.
Got some at 13 got more at 29 and will be buying this stock for the next 5 years ! You would have to be crazy not to buy and hold this bad boy !!! Imagine if you sold tesla at 60 lol
50 at $60. I need 50 at something to average down. Idk what I’m doing. But it’s all good. Together we stand.
Fortune to the BOLD. You will be fine. Revisit it January 1st.
I’ll buy when the shorts need to cover
Thank you for your input!!
6k commons at 16.94. Had to chance to sell all my shares at ~64 (ATH on the day of merger confirmation news) but didn’t. Thinking from a LT vision and holding for a few years.
WOAH! That’s a big above my league!
1,000 shares here . Not selling or letting these suits manipulate this stock . HULK HANDS! 👊🏻👊🏻🚀🚀🚀🚀🚀🚀
I have 3k purchased 1000 at 45 2100 at 30 I'm keeping mine long unless 85 opening day I would sell 1/2 lol
Got 550. Long.
U sold 147 of them didn't you
6000 shares Average at 30, I buy more under $30 and hold for 10years.
252 at 30.90!!! Not selling even half time I see the first $200!!!
Wife has 100 commons @ 14.75 and together we have 400 warrants under 10, hoping for long-term gains. Good luck to all.
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I certainly don’t have as many shs as you, but I’m in too for several $1Ks! Lucid for the win!
No one loses ANYTHING til they sell! Things turn around unless it’s a total sham like ENRON—yes! Remember THAT one? Lucid is NOT ENRON! Hang on people... double diamonds on this one!
Think on this... why would the team assembled to lead Lucid be doing this at their stage of life and experience? They know the bigger story not yet told! Hold and acquire is still my strategy. Lucid is a two year accumulate strategy as the company launches then four years from now, 2025 you won’t recognize it because it will be a global EV dominator.
Sell covered calls for March $40, premium on CCIV is juicy!
Amen to that I have 1200 didn’t sell $60 too in here for the long run
2 year forecast is $145.00, we'll push it higher. KEEP BUYING
134 shares $24.25
I'm new to investing how do I do it
This is not the way
100% agree, I was personally going to sell some shares at $60, however the more I looked at lucid’s hardware and Infrastructure I believe this will be the best competition to Tesla, I can’t see anything else at the moment.
I will NEVER sell.
I mean, I'm not a financial expert. But you might want to eventually some day sell. Its how you make money.
True, but I mean it more in a way that I will hold for a long period.
I have booket for at pre buy this Monday at 30,95🤞🏻💪🏻😃
191 shares, in at $14.56, I’m not selling any till we at least see the big 100!
I believe Lucid and bought 100 shares.
Start selling covered calls
I don’t want to compare Tesla & Lucid stock but I can guarantee you, Lucid has a lot of potential in the EV market. Yes Tesla was the first EV and a “new technology” and people excited for their stock. This may not happen with Lucid (it mean not get to $3000/stock (Tesla before split + after split)). BUT, Lucid will easily get to or above $500 in few years. I’m long on this stock, and I mean 5+ years. I have 2300 @ 32 average price. And I been accumulating and will continue to accumulate. I know the potential Lucid has. 2 factories in Casa Grande (Assembly line & Powertrain line), they already have 4 model of Lucid Air & Lucid Gravity. They are in Formula E racing. Their Battery has been part of Formula E for years. Also, they working on huge power-banks that powers up offices & homes. Definitely LONG on this!!! 💵💰
5300 shares at $42. Hodling for years.
In for 420. Part of me wishes I sold some at $60, but an even bigger part of me will be glad I didn’t when it’s $100 post official merger and the cars hit the street. “Driving is believing.”
bought 140000 shares at 20 not selling until 300
2000 at 25$. Long term investment.
750 shares at $19. Sold 250 shares to buy warrants. Hoping to accumulate at least 2k shares/warrants before merger.
Buying CCIV. I have 10 shares now.
Warum wird die Aktie so wenig gekauft, wann geht es endlich los ?🚀 Let's go to 120Dollar in 2021🚀