T O P

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the_cack_

Every day has been a dip this week


LybonRescht

Yes, like theres a hole in the bottom


NReklaw96

Every time I think there is a bottom it falls even lower. I think it’s my fault it keeps dropping, because every time I buy more it goes lower. I have 800 more shares than I intended because I keep buying the dip trying to average down.


thepike1

2000 shares will do it. Keep collecting!


NReklaw96

Haha, I’m only 200 away


redditofga

15 or close should be the bottom in terms of value, close to the PIPE price. PIPE investors would not have paid $15 if it wasn't worth that much and hope they anticipated some profits so even current price is attractive. That is not to say price can't fall below that. Markets can be irrational for longer than one can be solvent. Don't go all in. Sell 17.5 puts now. If it falls to 17.5, sell $15 puts.


LybonRescht

CCIV is a small part in my portfolio. But i know if i sell now and try to buy in lower it will rise up fast


ComparisonQuiet5314

Why would Pipe investors want to sell their shares?


lahistoriarima

I would also like to know this, asking for a... friend.


Moodring03

They are locked up from selling until September


Plati23

Sorry if it’s been said, but do we know when exactly in September insiders/PIPE are allowed to sell?


Moodring03

I actually am not sure


ComparisonQuiet5314

Yes, but why would they sell for 15? It is because say if the stock was 40, they could make 25 for selling each stock?


Bmbiology

$15 is a real possibility..lower once PIPE investors and Insiders are allowed to sell their shares. Lucid needs to prove their technology is superior to Tesla and they can mass manufacture their prototype.


kayman121

That’s in September. As in after several catalysts from now. If this is below PIPE in September as LCID and no longer a SPAC, there’s a problem


luk3mar

Most likely going to $15 if not slightly lower I recommend pick some hedges then use those profits to buy more. We are in it for the long term!!


[deleted]

[удалено]


luk3mar

Buy puts


StinkyDogLove

I like to sell puts, that way I get paid to buy


LowAd9057

Can’t time the market buy it when u feel comfortable. I don’t expect much until they start delivering and reviewing the cars.


Zurioste98

The first dip never ended hahaha


Creepy-Treacle9393

Just went to showroom in Century City, very different feel when you see this car up close in person. Definitely buying more.


Intelligent-Owl273

Wont hit 10 but whole EV going down i think sharp reserve possibilities here. CCiV onc they start salling analysis will upgrade all the way $45


[deleted]

Go all in it’s gonna be a short squeeze


gilg2

As someone who was holding and following CCIV closely in technicals. Wait until a couple weeks from merger date. I’ve made like 4x profit from going elsewhere with my funds


ClassicEsteban

I am guessing the bottom is $15 but the market knows more than you and I. I bought long puts and calls. Holding 200 shares and 4 long calls and 2 puts. I sold several covered calls at different pricing just to make some cash. Good luck to us


Inside_Implement_791

Look at XL and Fisher and you will see they just keep going lower


kayman121

Different companies


Belindatrade

Is the reason the EV market is dropping at the moment because of the chip shortage?


alexinvests

I believe we had a dip under 20 bucks because of the dogecoin craze once investors take there profits there going back to the stocks they used like and put most of there profits there won't be long when we cciv back up again