$Churchill Capital Corp IV(CCIV)$Lucid Motors reminds me of another share that at the beginning had a lot of furor but traded down50% from its IPO spike.That share was Facebook.Look at where Facebook is now.Is it difficult to imagine that CCIV will rose back up to $50 and beyond? No!These are the following reasons I bought theshare and why I believe in the short term the share will be trading between 32-40 before moving beyond $50.1) The Biden administration and the Green Initiative.The US is pushing for carbon emissions to be greatly reduced during the Biden Tenure. They have seconded a few hundred billion for the purpose of rebuilding infrastructure in this direction.2) Gen Z.The younger generation is more environmentally and tech conscious an
$AMC Entertainment(AMC)$Citis Analyst putting a sell rating and pricing the Share @ $2 is ridiculous based on the Asset Valuation of AMC. Even at a severely discounted rate, AMC would still price around $6+. This number has been backed up by many other analyst.Is the analyst trying to manipulate the market for short sellers?The understanding is that most stocks are being traded at many times their multiples based on their forward earnings projections. AMC is opening up their Cinemas again in Cali and NY thereby increasing earnings YoY, I seriously am trying to wrap my brain around the logic which states that increasing earnings leads to reduced share valuation.
$Torchlight Energy Resources(TRCH)$Ok. The market doesn’t make sense for this shareat the moment. If I’m not mistaken, TRCH will cease to existafter the merger and all our share will be transferred as MMAT. If that’s the case, TRCH should be worth thesame as MMAT. But right now TRCH is trading at a discount to MMAT.What the hell is going on?
Been doing research on this for my wife....It has only 2 ways to go... a) Dilute the living daylights out of existing shareholders to raise more capital.b) go bankrupt.Bitcoin is dropping. This miner is late into the game because they’re claiming to find cheaper energy by moving their mining rigs (which already doesn’t make sense if you’ve seen the really massive rigs).Also, they apparently have pending litigation.Told my wife to dump everything tonight and take the hit. Disclaimer: Her share price was 5.28
I call BS on this analysis because they’re only looking at short period numbers. They failed to take into account investors timeframe.Given that NIO has one of the largest EV sales markets and they are ramping up production as well as support from the Chinese government, I fail to see how their sales numbers will drop other than lack of chips which the whole industry is facing.At $40 NIO is unattractive I agree. But should you avoid it completely? No. Best price to get in is between $25-$35. You won’t see this share dropping 50%.If NIOs valuation is bad then Tesla must be ridiculously horrible.
$Churchill Capital Corp IV(CCIV)$There is alot of short selling pressure going on. If thereis a short squeeze this share will shoot through the roof.The current short % is around 20% already (41 million shares).Cost of short borrowing has gone up from 31% to 50%. My opinion is that we will see 23-25 by this week if the share breaks past 21+ today.
$Churchill Capital Corp IV(CCIV)$Everyone. There is nothing wrong with the share. The slight correction is inevitable because of lackof financial direction issued by the company.But if you read the articles, their high end cars have all already been fully booked. So that’s already revenue in the bank.Hold steady, don’t fear, and the share price will rebound once the first cars are delivered.
$Churchill Capital Corp IV(CCIV)$The stockwill probably pull back below $19 until June. Trading range between $18 and $23. The share will be on firmer ground once the SPAC transfer is completed. People don’t expect to see this share go past $30 until the 3rd quarter. The short sellers are coming in full force until end quarter because they know this is their last chance to make money from this stockbefore the ticker change. Buy in cheap and buy puts is the best advise I can give you allat the moment.
$Churchill Capital Corp IV(CCIV)$I’m actually happy the price dropped. I can now buy more cheaply to accumulate. 2nd Half 2021, Lucid will start to deliver carsbefore ramping up production. I’ll be buying at this price
$Churchill Capital Corp IV(CCIV)$Guys. Check out Lucid Motors Instagram. You all are going to start drooling at the amount of money you are all going to make soon.Have fun guys!