It is a bull shit article. Trying to drive down the price for investors. Completely different spac and has nothing to do with cciv. Klein is raising money for 2 new spacs he is bringing to market. Ccvi and ccvii.
Honestly the fact that he is releasing 2 more spacs including ccv that he released last week. Kind of shows he is about to close cciv. [Reply]
Originally Posted by Nirvana58:
It is a bull shit article. Trying to drive down the price for investors. Completely different spac and has nothing to do with cciv. Klein is raising money for 2 new spacs he is bringing to market. Ccvi and ccvii.
Honestly the fact that he is releasing 2 more spacs including ccv that he released last week. Kind of shows he is about to close cciv.
Originally Posted by Hammock Parties:
Astute analysis.
JOIN THE CULT OF CCIV TODAY
Okay fuck it I bought some at 35. I think you guys are like the Qanon of money so wtF whatever lol. I am just figuring this is play money since I made 500 percent on PLUG, I converted a little bit over to CCIV. [Reply]
Just an FYI on anybody that is planning on joining cciv. It is a very volatile stock. It can go down 10% and still finish the day green. Constant stop loss raids. Day prices really don't matter unless you plan on day trading it. The key is it will double if the merger is confirmed. Tank if it doesn't. [Reply]
Originally Posted by Nirvana58:
Just an FYI on anybody that is planning on joining cciv. It is a very volatile stock. It can go down 10% and still finish the day green. Constant stop loss raids. Day prices really don't matter unless you plan on day trading it. The key is it will double if the merger is confirmed. Tank if it doesn't.
Is this merger suppose to happen over the weekend....if it does? [Reply]
Originally Posted by Mr_Tomahawk:
Is this merger suppose to happen over the weekend....if it does?
It could happen over the weekend. Klein doesn't do LOI. He goes straight to DA. So it could take longer than the normal 30 days from initial Bloomberg report. Today is day 31.
Once it happens I am guessing the stock will double very quickly. A lot of people are waiting for it to be confirmed before they jump all in.
Friday FOMO at the end of the days are the highest stock days. This stock usually tanks in the morning and takes off in the afternoon. If it doesn't get confirmed this weekend. Tuesday morning since market's are closed on Monday would be a good entry point since the price will most likely dip.
However, if it is confirmed by Tuesday you will probably be paying double or more for the stock. [Reply]