Boiler Room: The Official Stock Market Discussion

FaygoMI

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i wanna explain how this works. say cciv doesn't get announced today right. it will spark a sell off in the near future. that's just the nature of spacs. that's why u gotta get in near that $10 floor.

the reason I'm holding is because my cost basis is $14 and if this explodes like NKLA you are talking a 6-8x for me or better.

My neighbor put me on to SPACS before I found this thread.

I was taught to get in early and don't use money you're trying to flip, you gotta ride it out could be 6 months could be 2 years.
 

manyfaces

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I just checked back in from working. Da fukk going on with CCIV? So there hasn't been any kind of confirmation with Lucid?
 

FreshFromATL

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Lucid...if ya know, ya know...make no bones about it. This IS the stock of the year whether through CCIV or something else.





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PUN711

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i wanna explain how this works. say cciv doesn't get announced today right. it will spark a sell off in the near future. that's just the nature of spacs. that's why u gotta get in near that $10 floor.

the reason i'm holding is because my cost basis is $14 and if this explodes like NKLA you are talking a 6-8x for me or better.

Would it be worth it to put a trigger to sell on this at like $15? Reason being if it got that low the only reason that would be is because the Lucid merger didn't go through?
 

FreshFromATL

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My neighbor put me on to SPACS before I found this thread.

I was taught to get in early and don't use money you're trying to flip, you gotta ride it out could be 6 months could be 2 years.

Won't take that long, Lucid wants to be public by April before they start delivering cars. Listing via SPAC is the only way they can do that. News will soon be coming one way or another.
 
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