After an amazing sell off, CCIV seems to have a bottom of $28, for now. I expect it to trend sideways and not break $35 for some time. Can it go lower? Absolutely. Bullish AS FUCK on Lucid Motors as a company tho, their future in the EV market space is dope.
The only thing tho is that CCIV hasn't completed the merger into Lucid yet. Expect more volatility.
There's a whole bunch of valuations and SPACs stuff going on, but I haven't read too far into it yet. Just potentially if Apple does anything with CCIV, it'll be amazing for luxury.
The only thing tho is that CCIV hasn't completed the merger into Lucid yet. Expect more volatility.
There's a whole bunch of valuations and SPACs stuff going on, but I haven't read too far into it yet. Just potentially if Apple does anything with CCIV, it'll be amazing for luxury.
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pain
Sold 26/25p 3/5