Saudi Arabia's sovereign wealth fund invested $1.3 billion in the electric car start-up Lucid Motors. There is still no confirmation of a Lucid Motors SPAC merger, but rumors sent CCIV shares up today. Bloomberg announced that electric vehicle maker Lucid Motors was in talks to come public through Churchill Capital, a blank-check company led by Michael Klein....
Is it really a Cup and Handle pattern?
$CCIV can go ahead and hit $22 real quick.
I've heard a trader say that you should not put STOP LOSS. Quote: "Don't let big money steal your shares. Get in, and then set a buy order in the event of a nice dip. Don't get caught in a stop-loss raid. Newbies-google it if you don't know what it is. Retail: you are riding with...
Based on Technical and Fundamental Analysis the idea is to go long.
Shares of Churchill Capital IV (NYSE:CCIV.U) were having a wild ride on Friday, amid rumors that the special purpose acquisition company (SPAC) was close to announcing a deal to merge with electric-vehicle maker Lucid Motors.
Today I am exclusively looking for SPACs that are as close as possible to $10 (also known as 'NAV') and have quality teams. Not fussy about what stage they're at in the process.
$CRHC - Cohn Robbins Holdings Corp
* currently searching, not targeting specific industry
* solid team: Cohn former director of National Economic Council (NEC) and ex Goldman Sachs...
Electric vehicle maker Lucid Motors Inc. is in talks to go public through a merger with one of Michael Klein’s special purpose acquisition company CCIV, according to people familiar with the matter. A transaction could be valued at up to $15 billion, the people said, asking not to be identified because the matter is private. Lucid, which is backed by Saudi...
CCIV is the stock to watch! Merger with Lucid Motors which is a luxury electric car maker. Potential for a greater upside long-term even after a large gain in price.
This is a high-risk play which in turn gives a high reward. Make your moves accordingly and wait for confirmation to enter! Much more room for upside!
Churchill Capital Corp IV extends 2-day surge to over 50% on news of plans to take Lucid Motors public via SPAC
Shares of Churchill Capital Corp. IV are up over 50% in a two-day streak to start the week.
News of the SPAC potentially taking EV company Lucid Motors public is driving the share price higher.
The fourth of seven 'blank-check' companies operated by...
CCIV has already had one potential merger fall through so I urge caution on this, but the upside could be enormous merger with a EV maker especially one that has a former Tesla Exec. could generate a lot of hype around this SPAC. I went in with some shares in a simulated account and I will be waiting for More confirmation of a merger and a dip to enter. Let me...
CCIV was featured in an article in Bloomberg which linkd this shell company with
if you are buing now its important to know your risk/reward
if it fails' back to 10$
if it goes thruogh could go much higher (maybe to the moon)
CCIV looks like the daily chart is showing a bullish flag with the wind blowing. This is a rumor stock but looking at news and rumors it seems like they are merging with lucid. Again just rumors right now.