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.


I like where Lucid is going as a company, I believe they have potential long-term, however, something smells fishy with the price right now for me. Just from a common sense perspective, too many leaks in the media and still nothing concrete to actually report, not enough real info. What would happen if the Churchill / Lucid merger remains just speculation and does not pan out? What happens is another SPAC is also interested in Lucid and is working behind the scenes? I am not saying that there is, I am just very concerned about the very quick uptick on CCIV was even though the company is not even seriously making any deliveries yet. Who wins if the speculation is false?
+2 Reply
jkchae tsmousa67
@tsmousa67, agreed 100%
Amazing analysis
+1 Reply
sailing57 Dave-FX-Hunter
@Dave-FX-Hunter, TESLA money...plan and simple. $500 a share minimum...NOT FINACIAL ADVICE.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out